Wednesday, October 6, 2021

New record high welcome bonuses on Tangerine Mastercards - 15% cash back for the first 2 months


 

Tangerine just launched what could be considered the bigger cash back bonus ever - percent wise that is!   Both the Tangerine Money-Back Credit Card and the Tangerine World Mastercard have now eclipsed the world of 10% cash back welcome bonuses and have gone for the gusto with an awesome 15% back! From today through to November 30th when you apply for and are approved for either of these Tangerine cards you'll be able to earn 15% cash back on all purchases in the first 2 months. The 15% is capped on $1,000 of purchases for a total cash back reward of $150. After that 15% cap is hit or after 2 months the regular earn rate of up to 2% cash back kicks in. 

Therein lies the key to the details of the offer. That's why we say it is the biggest cash back bonus percent wise, we have never seen 15% before however since it is capped at $1,000 of spending it doesn't match the likes of the 10% back offers that are typically awarded on $2,000 in spending ($200 cash back) or in the case of the SimplyCash™ Preferred Card from American Express which awards 10% back on the first $4,000 of spending for $400 cash back. However in the market of no annual fee cards these Tangerine offers are definitely some of the best out there.

The Tangerine cards offer 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:


Tangerine World Mastercard®

Apply for a Tangerine World Mastercard® by November 30 , 2021 and earn an extra 15r% back* (up to $150) 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

Click here to learn more and to apply for the Tangerine World Mastercard


 

Tangerine Money-Back Credit Card

Apply for a Tangerine Money-Back Credit Card by November 30, 2021 and earn an extra 15% back (up to $150) 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. 

Click here to learn more and to apply for the Tangerine Money-Back Credit Card

 

Images via Tangerine

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