We see two more cards join the world of 10% cash back limited time welcome bonus offers today. Both the Tangerine Money-Back Credit Card and the Tangerine World Mastercard are now in the league of cards like Amex’s Simply Cash Preferred, CIBC’s Dividend Visa Infinite and Scotia’s Momentum Visa Infinite cards. From today through to August 16th when you apply for and are approved for either of these Tangerine cards you’ll be able to earn 10% cash back on all purchases in the first 2 months. The 10% is capped on $1,000 of purchases for a total cash back reward of $100. After that 10% cap is hit or after 2 months the regular earn rate of up to 2% cash back kicks in.
The Tangerine cards offers 2% back on categories that you get to choose yourself so you can maximize your earning on where you spend most. Both cards allow you to choose from two categories to earn that 2% cash back and you can add a third 2% category if you have your cash back rewards deposited into a Tangerine Savings Account.
These are the categories of spending that you can choose from to earn your 2% cash back:
The great thing about both of these cards is that they have no annual fees so you have no dilution of that welcome bonus! The World version provides extra benefits and insurance coverage but does have higher income requirements to be able to apply for it.
Here are the details of each of the cards:
Apply for a Tangerine World Mastercard® by August 16, 2021 and earn an extra 10% back* (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months.
• Personalized categories and unlimited money-back rewards monthly
• Automatic earning: Money-Back Rewards are earned automatically on everyday purchases and paid monthly. These can be applied to your Credit Card balance or redeemed into your Savings Account.
• No annual fee
• Earn 2% cashback on your choice of up to 3 categories, 0.5% money back on all other purchases
• Change your 2% Money-back categories to suit your spending from your choice of 10 categories
• 1.95% on Balance Transfers for six months
• Rental Car Collision/Loss Damage Insurance**: Damage and theft protection for your car rental when you rent for up to 31 consecutive days and charge the full cost of your rental to your Card.
• Mobile Device Insurance**: Protection on new cell phones, smartphones or tablets when you charge the full cost to your Card, or when you purchase it through a plan and charge all of your wireless bill payments to your Card. Covers up to $1,000 if your mobile device is lost, stolen, accidentally damaged or experiences mechanical failure.
• Mastercard® Airport Experiences Provided by LoungeKey***: Make the most of your travel with Mastercard® Airport Experiences Provided by LoungeKey. Your complimentary membership gives you exclusive dining, retail and spa offers in over 400 airports worldwide, along with access to over 1000 lounges at $32 USD per visit. Learn more at airport.mastercard.com.
Apply for a Tangerine Money-Back Credit Card by August 16, 2021 and earn an extra 10% back (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months.*
• Earn 2% cashback on your choice of up to 2 categories, 0.5% money back on all other purchases
• Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.
• Money-Back Rewards are earned automatically and paid monthly, and can either be applied towards your Credit Card balance or redeemed into your Savings Account.