Tangerine® World Mastercard®

Updated: Apr 7, 2021

Advertiser Disclosure

The Tangerine World Mastercard is a convenient and flexible credit card that can help you significantly increase your savings by putting you in charge of rewards and bonuses. It offers excellent cash-back rewards deposited monthly to your credit account or to your Tangerine savings account.

As a World Mastercard, it provides numerous exclusive perks, including Priceless Cities, World Experiences, airport lounge access, and more. It's Tangerine's best credit card offer as an upgraded version of the Tangerine Money-Back card. So, if you meet the eligibility criteria and find the perks, fees, terms, and conditions appealing, there's no reason not to apply for it.

ANNUAL FEE

$0

ONGOING APR

19.95%

INTRO APR

1.95%

82 User Ratings

Tangerine® World Mastercard®

at Tangerine Secured website

Apply Now

Introductory APR

1.95%

Intro APR Period

6 months on BT

Minimum Credit Score

Good

Key Features

  • No annual fee
  • 1.95% APR on Balance Transfers for 6 months
  • Earn 2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases.
  • Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.
  • No limit on the amount of Money-Back Rewards you can earn.
  • Change your 2% Money-Back Categories to suit your spending.

Our Take

Tangerine World Mastercard is a flexible credit card designed for everyday use. It comes with numerous exclusive perks and benefits and provides competitive cash-back rewards. As an upgrade to the Tangerine Money Back card, it delivers the same convenience and ease of use and brings some of the most appealing World Mastercard VIP benefits. The online application is simplified and streamlined, so if you meet the qualifications and eligibility requirements, you could have this card in your wallet in no time.

Who Is This Card for?

This card is designed for responsible users who want to increase their savings and enjoy the benefits of using a card from the Mastercard network for their everyday purchases. It’s primarily aimed at those with a good or excellent credit score. However, anyone who meets the eligibility criteria can apply, even if they have a fair or poor credit score.

How to Qualify?

To qualify for the card, you need to be a legal permanent Canadian resident, at least 18 years old (19 in some provinces), and you need to have a minimum income of $60,000. In case you don’t meet the income requirement, you could get approved for the card if you have a household income of at least $100,000, or if you have over $250,000 in your savings account or investment funds account from Tangerine.

Tangerine World Mastercard Benefits

  • Cash-back rewards. The most appealing benefit of the Tangerine World Mastercard is the generous 2% money-back reward on everyday purchases from up to three selected categories. Tangerine offers you ten options to choose from, gas, recurring bill payments, public transportation and parking, home improvement, groceries, and more. For categories that aren’t in your top three choices, you’ll receive a 0.5% money-back reward.
  • No annual fee. The card does not have an annual fee and its a very attractive benefit.
  • Mobile device insurance. The card has a rare insurance type that will protect your mobile device up to $1,000 if it gets lost, stolen, damaged, or experiences mechanical failure.
  • Free Wi-Fi hotspots. This card will keep you connected with over 1 million hotspots worldwide via Boingo Wi-Fi network.
  • Free authorized users. Tangerine will give up to 5 free cards for authorized users on your account.

Are There Any Disadvantages?

  • High qualification requirements. The biggest disadvantage of the Tangerine World Mastercard is the high qualification requirements. If you don’t have an individual income of $60,000 or a household income of $100,000, you won’t qualify for the card.
  • High fees. If you’re late for your payments or take out cash advances, be prepared to pay high-interest rates and fees. While the card doesn’t have an annual fee, it does have other fees that are slightly higher than average, so keep this in mind.
  • Foreign currency conversion fees. This Tangerine credit card has an international transaction fee and is not a great option to make purchases outside Canada or use it for international travel.

Should You Use Tangerine World Card?

If you meet the eligibility criteria and find the card’s features and perks appealing, you should apply for Tangerine World Mastercard. As long as it’s used responsibly, the card can provide you with supercharged savings and additional perks you won’t find elsewhere. You can add up to five authorized users to your account and benefit from the additional savings you’ll get with the cash-back rewards.

Tangerine World Mastercard FAQs

Apply Now
Basic Information
Issuer: Tangerine
Network: Mastercard
Category: Consumer (Premium)
Review: Full Card Review
Best Used For:
  • Instant Decision
  • EMV Chip
  • Rotating Bonus Categories
Rewards: Yes
Reward Types:
  • Auto Rewards
  • CashBack Rewards
  • Gas Rewards
  • Universal Rewards
  • Other Rewards
  • Merchandise Rewards
Reward Units: Cash
Rates & Fees
Introductory APR (%): 1.95%
Applied Towards:
  • Balance Transfer
Intro Period: 6 months on BT
Regular APR: 19.95%
Regular APR Type:
Annual Fee: $0
Balance Transfer: Yes
APR on Cash Advances: 19.95%
Grace Period: 21 days
Late Payment Fee: See Terms
Other Fees:
  • Foreign Currency Conversion: 2.50%
  • Dishonored Payment: $25.00
  • Rush Card Delivery: $25.00
  • Past Statement Reprint: $5.00 (each)
  • A Balance Transfer fee: 1% on the amount transferred
  • Cash Advance Fee: $3.50 within Canada, $5.00 outside Canada

Tangerine® World Mastercard® Alternatives


Tangerine® World Mastercard®

Tangerine® World Mastercard®

APPLY NOW

Annual Fee

$0

Regular APR

19.95%

Intro APR

1.95%

Min. Credit Level

Good

IMPORTANT
*The information provided for Tangerine® World Mastercard® is believed to be accurate at the time of evaluation or recent update on April 7, 2021. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.

Tangerine® World Mastercard®

Reviews - (1 User Reviews)
Share your experience and rate the Tangerine® World Mastercard®
(Excellent)
January 11, 2021
William Francisco Perez (46-55) - Cardholder
Income on Application
$54000
Credit Score
Excellent (740-850)
Credit Limit
$1000
Filed for Bankruptcy
No

AN AMAZING CREDIT CARD – IM REALLY SATISFIED!

I REALLY LIKE THIS CREDIT CARD IT HAS GOOD CASH BACK FEATURES THAT REWARD ME ON EVERYTHING I BUY WITH IT!!!! ITS LIKE YOU MAKE MONEY WHILE YOU SPEND MONEY WHICH IS GREAT…. I HAD MY SAMSUNG SMARTPHONE STOLEN AND THE CARD COVERED IT BECAUSE I BOUGHT THE PHONE WITH THIS CARD ITS REALLY GOOD. IM NOT THAT GOOD WHEN IT COMES TO SAVING MONEY FOR RAINY DAYS I LIKE LIVING IN THE NOW BUT THIS CARD REALLY HELPED ME SAVE A LOT OF MONEY WITH ITS MONEY SAVING FEATURES LIKE CASHBACK IF I COULD I WOULD GIVE THIS CARD A SOLID 6/5 BUT I CANT SO I CANT RECOMMEND IT ENOUGH IF YOU MEET THE QUALIFICATIONS!!! REMEMBER, HARD WORK PAYS OFF!!!!!!!
Fees & Charges:
5/5
Features & Benefits:
4/5
Customer Support:
4/5
Application Process:
5/5
Comment (0)

Tangerine® World Mastercard®

Tangerine® World Mastercard®

Min. Credit Required: Good

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