🇨🇦 Tangerine Money-Back World Mastercard

Highlights

• No annual fee, with up to five Authorized Users at no additional annual fee.
• Earn unlimited 2% cash back in up to three selected categories and 0.5% on all other eligible net purchases.
• Link the card to Shell Go+ to save 3¢ per litre instantly at participating Shell stations.
• Includes mobile-device insurance, rental-car collision/loss coverage, Purchase Assurance, and Extended Warranty.

Issuer: Tangerine Bank
Payment network: Mastercard
Product type: Credit card
Annual fee: $0; up to five Authorized Users at no annual fee
Foreign currency conversion fee: 2.50% added after the transaction is converted to Canadian dollars

This card earns cash back through the Tangerine Money-Back Rewards Program. The primary cardholder can have rewards deposited monthly into a Tangerine Savings Account or applied as a statement credit to the card. Cash back cannot be withdrawn as cash or transferred to another financial institution.

Welcome Offer

【August 22, 2026 update】 $100 cash back after spending $1,500 in the first three months

• New Tangerine Money-Back World Mastercard Account holders must apply by September 30, 2026 and activate within 45 days of approval. Post at least $1,500 in eligible net purchases during the 90 days beginning on activation to receive $100 in Money-Back Rewards. The bonus is credited approximately one or two statement cycles after the 90-day period, and the account must be open and in Good Standing when it is paid. One offer per eligible client; the offer is non-transferable, and Tangerine may change, cancel, or extend it.
• A balance transfer completed within 30 days of approval receives a 1.95% promotional rate for six statement periods from the date the last eligible transfer posts, plus a 1% balance-transfer fee. The card must be activated within 45 days of approval or the transfer is cancelled. Balance transfers have no grace period; after the promotional period, any remaining balance is charged the 22.95% cash-advance interest rate.
• Apply through the blog partner cash-back website to receive an additional $75 reward.

Eligibility: age of majority in the province or territory, Canadian permanent residency, no bankruptcy in the previous seven years, and one of the following: at least $50,000 in personal gross annual income, $80,000 in gross household annual income, or at least $250,000 combined in Tangerine Savings Account and/or Investment Fund Account assets.

Apply through the blog partner cash-back link🔗

Everyday Spending

2%: Eligible net purchases in selected categories. Choose three categories when rewards are deposited into a Tangerine Savings Account, or two when rewards are applied as a statement credit. Categories include Grocery, Restaurants, Gas, Entertainment, Furniture, Hotel-Motel, Drug Store, Recurring Bill Payments, Home Improvement, Public Transportation and Parking, Fitness and Sports Clubs, E-Games, and Foreign Currency Spend. Tangerine describes the rewards as unlimited and does not publish a category spending cap. You can change categories after opening the card; after each change takes effect, the selection must remain in place for 90 days before another request can take effect on the first subsequent Billing Date. The payment network and merchant determine the MCC, and Tangerine does not reissue or reclassify transactions that are not identified in a selected category. Wholesale clubs, general-merchandise stores, convenience stores, and some food merchants may not qualify. Foreign-currency spend is based on the Canadian-dollar amount when it posts; dynamic currency conversion may prevent a transaction from qualifying as foreign-currency spend.

0.5%: All other eligible net purchases. Cash advances, balance transfers, cash-like transactions, interest, fees, insurance premiums, adjustments, returns, and merchant credits do not earn cash back. The transaction must post while the account is in Good Standing. Cash back is calculated in Canadian dollars and rounded to the nearest cent, then usually deposited into the selected account on or around each Billing Date or the next business day.

Benefits & Insurance

• Shell Fuel Benefit

  Link the card to a Shell Go+ account and use it to buy any grade of fuel at participating Shell stations to save 3¢ per litre instantly, up to 1,000 litres per account per month. The limit resets at the beginning of each month. If Gas is also selected as a 2% category and the payment network classifies the transaction as eligible retail automobile fuel at a Service Station, it earns another 2% cash back. The advertised maximum of 8¢ per litre also assumes linked Scene+ and Shell Go+ accounts, V-Power fuel, and a fuel price of at least $1.50 per litre; it is not a card-only guarantee.

• FlexiRoam benefit

  Each calendar year, after creating a FlexiRoam account, redeem one complimentary 1GB Global Data Roaming Plan and receive 15% off purchased data plans.

• Fubo subscription offer

  Receive $30 off the first three months of Fubo. Quebec is excluded.

• Authorized Users

  Add up to five Authorized Users to the same account at no annual fee. All cards share one credit limit and earn cash back; rewards are paid only to the primary cardholder. The Borrower and any Co-borrowers remain responsible for Authorized User transactions.

Travel Insurance

Official insurance certificate🔗

• Rental Car Collision / Loss Damage Insurance

  This applies to most private passenger cars, SUVs, and minivans seating up to eight for rentals of no more than 31 consecutive days. Initiate the reservation or rental with this card, present the card at pickup, rent in the cardholder’s name, pay the Full Cost with the card, and decline the rental company’s CDW/LDW. Only one rental vehicle is covered at a time. Primary coverage can pay direct loss up to the vehicle’s actual cash value, plus valid documented loss of use, reasonable towing, and administration charges, but it does not provide third-party property-damage or personal-injury liability coverage. Vehicles over $65,000 actual cash value, trucks, motorcycles, campers, buses, exotic or limited-production vehicles, personal belongings in the car, and rentals longer than 31 days are excluded. Losses caused by unauthorized driving, illegal or impaired driving, breach of contract, or normal wear and tear are also excluded. Report an accident or theft immediately at 1-855-255-6050 in Canada or the United States, or 613-634-4996 elsewhere, or submit the claim at cardbenefits.assurant.com. A police report is required when the estimated loss exceeds $1,000. Written notice and proof must be provided no later than one year after the loss.

Purchase Insurance

• Purchase Assurance

  The Full Cost, including tax, of an eligible new tangible personal-use item must be paid with this card. Store credits, gift cards, reward points, and purchases whose instalments have not all been paid do not meet the Full Cost requirement. Without registration, coverage applies for 90 days from purchase to loss, theft, or accidental damage, as excess coverage after other insurance. Once approved, the insurer may require repair or replacement paid with this card, and reimbursement cannot exceed the original Full Cost. Cash, tickets, artwork, used or refurbished items, consumables, vehicles, services, business-use items, and delivery damage are excluded. Gifts are covered, but the cardholder must submit the claim. The combined lifetime liability with Extended Warranty is $60,000.

• Extended Warranty

  The item’s Full Cost must also be paid with this card. When the written manufacturer warranty is valid in Canada or the United States, the coverage doubles the original repair period by up to one additional year. Items with a manufacturer warranty of less than five years qualify directly; warranties of five years or more must be registered with the insurer within one year of purchase. Once approved, repair or replacement must follow the insurer’s requirements, and reimbursement cannot exceed the original purchase price shown on the card statement. Vehicles, used or refurbished items, business use, dealer or assembler warranties, and service obligations not covered by the original manufacturer warranty are excluded. The combined lifetime liability with Purchase Assurance is $60,000.

• Mobile Device Insurance

  A new phone, smartphone, or tablet can be purchased worldwide. Pay the Total Cost with this card, or if purchasing through a Plan, pay the required upfront amount and charge every monthly wireless bill during the Plan to this card. Coverage starts on the later of 30 days after purchase and the first wireless bill and ends no later than two years after purchase; missing a monthly Plan charge also ends coverage. Loss, theft, mechanical breakdown, and accidental damage are covered at the depreciated value less the deductible, up to $1,000. Depreciation is 2% of the Purchase Price for every completed month. The deductible is $25 for pre-tax Total Cost of $0–$200, $50 for $200.01–$400, $75 for $400.01–$600, and $100 above $600. Accessories, batteries, used or most refurbished devices, business-use devices, shipping losses, mysterious disappearance, cosmetic-only damage, and provider or network issues are excluded. This is excess coverage after other insurance. Approval is required before repair or replacement; notify the insurer within 14 days, suspend wireless service within 48 hours of loss or theft, and report theft to police within seven days. Across all eligible Tangerine credit-card accounts, claims are limited to one per 12 consecutive months and two per 48 consecutive months.

• Claims for Purchase Assurance and Extended Warranty

  Immediately after discovering the loss, and before any repair or replacement, notify Assurant through cardbenefits.assurant.com or by calling 1-855-255-6050. Suspected theft or malicious acts must be reported to police immediately. Keep the card statement, merchant receipt, manufacturer warranty, repair or replacement proof, and information about other insurance. Failure to submit proof of loss within 90 days may result in a denied claim; written notice and proof must be provided no later than one year after the loss. Purchase Assurance and Extended Warranty are strictly excess coverage, so other available insurance must be claimed first, although the policy may cover another policy’s deductible.

Our Take

For the welcome offer and everyday spending, this World Mastercard is almost identical to Tangerine’s Money-Back Credit Card. Its main difference is that it includes several additional insurance benefits.