Now Tangerine has launched their second card…and this time a no-fee World Mastercard:
What’s different about it?
It’s actually largely the same card, barring the crisp vertical look and a few added premium features.
Let’s go over the differences and similarities between these cards.
Rewards that fit your life
When it comes to earning rewards, both cards are identical. You get to choose 2 categories to earn 2% cash back in, and get a 3rd if you deposit your rewards in a free Tangerine Savings Account . This puts a lot of the choice in your hands.
Here are the 10 categories available:
Outside of these categories, you’ll earn 0.5% cash back.
The welcome bonus? Also the same on both cards. Earn $250 bonus cash back after spending $5,000 in the first 3 months.
No annual fee for both but different income requirements
There’s no difference here either, both cards have no annual fee. Sweet.
That being said, the
Depending on your income, this could be a huge or small difference.
World Mastercard benefits and feature upgrades
This is where things start to differ slightly with these cards.
Here are the extra features the
Purchase and travel insurance
Both cards offer basic purchase protection (90 days) and extended warranty.
Decent insurance coverage is rare on a no fee card, and mobile device insurance is rare in Canada. Period.
Here’s the full details on the insurance coverages:
Airport lounge access
For some airport lounge access to relax before a flight, the
But keep in mind there are no free passes included, so each visit will cost you $32 USD.
World Mastercard experience
The last extra benefits the
You’ll be able to:
- access Mastercard Priceless cities, and
- Mastercard World Experiences.
What are Mastercard Priceless cities? It’s a program that will allow you to choose from a wide variety of once-in-a-lifetime experiences, in cities all around the world.
Mastercard World Experiences will give you preferred access to all kinds of valuable offer and complimentary upgrades.
You can learn more about what they offer here.
A worthy upgrade?
This card is a nice little upgrade over the
That said, you will need to meet its higher income requirements.
But if you don’t? Don’t worry, you’re not missing out on too much.
Your thoughts? Let us know in the comments below.