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Tangerine World Mastercard® review

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Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
19.95%
Interest Rate: Purchases
19.95%
Balance Transfer
19.95% (1.95% for the first 6 months)
Balance Transfer
19.95% (1.95% for the first 6 months)
Rewards
0.5% cashback
Rewards
0.5% cashback
Signup Bonus
-
Signup Bonus
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8.8/10
Informr score
The Tangerine World Mastercard® currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 10 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Tangerine World Mastercard® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $60000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


WalletBliss
WalletBliss

Tangerine World Mastercard is a no-fee cash-back credit card with competitive rewards and perks.

- Simon Ikuseru, WalletBliss
SAVVY New Canadians
SAVVY New Canadians

It offers an unlimited 2% earn rate on up to 3 major spending categories and is designed to be competitive from the start. Also, it has no annual fees, and new cardholders can earn an extra 15% cash back worth up to $150 within the first 2 months. The Tangerine World Mastercard® beats its plain-vani...

- Enoch Omololu, SAVVY New Canadians
Wealth Rocket
Wealth Rocket

Overall, the Tangerine World Mastercard will serve as a great addition to most spender’s wallets, based on its cashback possibilities alone. The travel rewards and purchase protection are an additional noteworthy bonus. Considering that this card carries no annual fee, the Tangerine World Mastercard...

- Rachel Cribby, Wealth Rocket
NerdWallet
NerdWallet

If you want a card without annual fees that earns cash back, the Tangerine World Mastercard may be a practical choice.

- Shannon Terrell, NerdWallet
Money.ca
Money.ca

Overall, we’re happy with the Tangerine World Mastercard®. The minimum income requirements are pretty high, and we’d expect that a World Mastercard would offer more travel insurance, but still, the $0 annual fee combined with the high regular earn rate makes it a very valuable and appealing card. If...

- Sarah Pritzker, Money.ca

Details


Interest Rates
Regular APR Interest Rate 19.95%
Balance Transfer Interest Rate 19.95% (1.95% for the first 6 months)

Intro rate applies on balances transferred within the first 30 days of account opening.

Cash Advance Interest Rate 19.95%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%
  • Minimum of $5
  • 1% fee on intro. balance rate
Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

Foreign Transaction Fee 2.5%

Added to the converted transaction amount

Over Limit Fee $25.00
Late Payment Fee $0.00
Promotions
Sign up bonus

Apply by April 30, 2024 and earn an extra 10% back (up to $100) on up to $1,000 in everyday purchases made within your first 2 months.

Rewards
All Purchases 0.5% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Earn 2% cash back in two categories of your choice


Categories you can choose from include:

  • Grocery
  • Furniture
  • Restaurants
  • Hotel-Motel
  • Gas
  • Recurring Bill Payments
  • Drug Store
  • Home Improvement
  • Entertainment
  • Public Transportation and Parking


Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Google Pay
Virtual Cards No
Additional Benefits
  • Mastercard® Travel Pass Provided By DragonPass
  • Mobile Device Insurance
  • Mastercard Tap & Go
  • Mastercard® Travel Rewards
  • Boingo Wi-Fi
  • Special benefits and offers from a growing lineup of on-demand apps and subscription services
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $60,000 per year
Temporary Residents No
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Terms & Conditions Official Terms & Conditions
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