Tangerine Money-Back World Mastercard: cash back plus World perks
The Tangerine Money-Back World Mastercard is a no-annual-fee credit card from Tangerine Bank that pays cash back every month, with a higher rate in categories you choose.
You earn 2% cash back in two categories of your choice, or three if you have your cash back deposited into a Tangerine Savings Account, and 0.5% on everything else. There’s no limit on how much cash back you can earn.
Compared with Tangerine’s basic Money-Back Credit Card, the World version adds Mastercard World benefits, such as a complimentary global data roaming plan and access to Mastercard Travel Pass. It also has a higher income requirement.
Here’s an overview of the card’s benefits, fees and features.
Benefits of the card
- Earn 2% cash back in two categories of your choice, such as groceries, restaurants, gas, recurring bill payments, drug stores or foreign currency spending, and 0.5% on all other purchases;
- Get a third 2% category if you have your cash back deposited into a Tangerine Savings Account;
- Cash back is paid every month, with no limit on how much you can earn, and you can change your 2% categories every 90 days;
- No annual fee, and up to 5 authorized users at no cost;
- Includes Rental Car Collision/Loss Damage Insurance, Mobile Device Insurance of up to $1,000, Purchase Assurance for 90 days and Extended Warranty of up to one additional year;
- Get a complimentary 1GB global data roaming plan from FlexiRoam once a year, and a complimentary membership in Mastercard Travel Pass, which gives access to more than 1,300 airport lounges;
- Get up to 8¢ per litre in value at participating Shell stations when you link your card to Shell Go+.
Insurance coverage is subject to the terms, limits and exclusions in the Certificate of Insurance provided with the card. Check the Mastercard Travel Pass terms for the cost of each lounge visit.
Fees and charges
- Annual fee: $0;
- Cash back: 2% in your chosen categories and 0.5% on everything else, with no limit;
- Interest on purchases: 20.95%;
- Interest on cash advances and balance transfers: 22.95%;
- Increased rates: if you miss 2 consecutive minimum payments, rates increase to 25.95% on purchases and 27.95% on cash advances;
- Cash advance fee: $3.50 within Canada and $5 outside Canada;
- Balance transfer fee: 3% of the amount transferred, with a minimum of $5;
- Foreign currency conversion fee: 2.5%;
- Over-limit, dishonoured payment and rush card fees: $25 each.
Rates and fees checked on September 22, 2026, against the official Tangerine website. Confirm current terms on the Tangerine website before applying.
About Tangerine Bank
Tangerine Bank is a Canadian digital bank and a subsidiary of Scotiabank. It offers chequing and savings accounts, guaranteed investments (GICs), mutual funds, mortgages, lines of credit and credit cards.
The bank started in 1997 as ING Direct Canada. Scotiabank acquired it in 2012, and it was later renamed Tangerine.
Tangerine received the highest score in the issuer segment of the J.D. Power 2024 Canada Credit Card Satisfaction Study.
To apply for the Money-Back World Mastercard, you must be a permanent resident of Canada, have reached the age of majority in your province or territory and have been clear of bankruptcy for at least 7 years. You also need a gross annual income of $50,000, a household income of $80,000, or $250,000 in Tangerine savings and/or investment fund accounts.
Tangerine App
You can become a Tangerine client digitally through the Tangerine Mobile Banking app, then apply for the card and manage your account in the app.
The app lets you manage your accounts, make transfers and payments, and find nearby ABMs. You can also change your 2% cash back categories through your Tangerine account.
You can add the Money-Back World Mastercard to Apple Pay, Google Pay or Samsung Pay to pay with your phone. According to Tangerine, the app has an average rating of 4.5 on Google Play and 4.7 on the App Store.
Opinion about the card
The Tangerine Money-Back World Mastercard can be a good option for people who want cash back with no annual fee and like choosing where they earn the most.
Being able to pick your own 2% categories, and change them every 90 days, makes it easy to adapt the card to your spending. Monthly cash back and the included insurance add value for a no-fee card.
However, purchases outside your chosen categories earn only 0.5%, and a 2.5% fee applies to foreign currency purchases unless you choose foreign currency spending as a 2% category. The card also requires an income of at least $50,000 (or $80,000 for your household). If you don’t meet this requirement, the Tangerine Money-Back Credit Card offers the same cash back structure with a lower income requirement.
If you’d like to learn more about the Tangerine Money-Back World Mastercard, see more information below.
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Legal Disclaimer: This website is independent and purely informational, and its content does not constitute financial advice. Finvyu is not affiliated with Tangerine or Scotiabank. We do not guarantee credit approval or card issuance, which are subject solely to the risk analysis of Tangerine Bank. Finvyu Editorial Team.