Steps to Apply for the Tangerine World Mastercard Credit Card
The Tangerine World Mastercard serves as an effective tool for tapping into the digital bank's technology without any annual charges.
What should I know before applying?
The Tangerine World Mastercard is a groundbreaking card offering 2% cashback in two categories of your choosing, along with an extra bonus category!
Tangerine operates as a fully digital financial services provider, without any physical branches, aiming to enhance access to financial services throughout Canada.
The digital bank features a variety of credit cards, with the Tangerine World Mastercard being a standout option.
This card boasts no annual fee and offers interest rates as high as 19.95% on purchases. Additionally, credit limits are flexible, based on individual credit histories and circumstances.
When it comes to rewards, this card offers 2% cashback in two categories that you select, with various options available:
- Groceries, furniture, restaurants, gas, and more.
For all other eligible purchases, you earn a cashback rate of 0.5%.
Your rewards are deposited directly into your account. Plus, if you have a Tangerine Savings Account, you can get an extra 2% cashback bonus.
New cardholders can enjoy a 10% cashback bonus, up to $100, during the first two months after getting the Tangerine World Mastercard.
This card provides excellent financial management without fees and a solid chance to earn cashback rewards.
If you’re interested in more details, keep reading.
Who Can Apply?
Tangerine has specific criteria for choosing its credit cardholders.
To start, you need to be of legal age and a resident of Canada, whether as a citizen or a foreigner, equipped with a valid passport and visa.
The Tangerine World Mastercard requires you to meet certain minimum income standards, specifically a gross annual income of at least $50,000.
Alternatively, you can qualify if your household gross income is at least $80,000 or if you maintain total balances of $250,000 or more in your Tangerine savings accounts.
Finally, you should not have declared bankruptcy in the last seven years. Meeting all these criteria is essential for obtaining the Tangerine credit card.
How to Apply for the Tangerine World Mastercard
On the Tangerine website, simply click the “Apply Now” button to begin the application process.
First, you’ll need to specify if you’re already a Tangerine customer. If yes, you can log into your account to apply for the card.
If you aren’t a customer, you can register. The next step allows you to scan the QR code and apply directly via your smartphone.
Another option is to proceed through the web browser and complete the form with the required details:
- Email address, banking PIN, full name, phone number, documents, address, and income details.
During this process, you might need to provide documents to confirm your income, address, and identity. Despite being a digital bank, you can reach out to customer support for any inquiries.
Additional Information
The Tangerine card allows you to sign up quickly and easily in just a few minutes, and it includes mobile device insurance, covering up to $1,000 for your phone.
You can include up to 5 users on a single account without any annual fees for each of them.
The World Mastercard offers significant perks, including:
- Access to 1,300 airport lounges for $32
- Exclusive offers with Travel Rewards
- Wi-Fi at over 1 million hotspots
- On-demand and subscription services
Interested in another option?
If you have favorable credit terms and seek a card with enhanced international benefits, consider the TD First Class Travel Visa offering bonuses up to $1,000.
This card also features Infinite Visa services, exclusive Amazon.com points, and flexible payment options. Discover how to apply.
