tangerine money-back credit card 15% back (upto $300)

ZendlesS wrote: ↑ I applied last night and was approved instantly. Is this 15% back on everything up to $300?

pux420 wrote: ↑ someone posted this earlier in the thread:

The Tangerine $250 Limited Time Bonus Offer (the “Offer”) is only available to new Tangerine Credit Card Account holders who apply between February 1, 2020 and March 31, 2020 and (i) activate their Credit Card (the “Account”) within 45 days of approval, and (ii) have at least $5,000 in Net Purchases posted to their Account within 92-day period beginning on the date the Tangerine Money-Back Credit Card is activated. “Net Purchases” include purchases charged to the Account (less any refunds, returns or other similar credits) but do not include payments, Cash Advances (including Balance Transfers and Cash-Like Transactions), interest, fees, insurance premiums, adjustments or other charges. The $250 will be credited to the Primary Cardholder’s Account within 1-2 statement cycles after the 92-day promotional period provided the Account is open and in Good Standing at time of payout. Limit of one Offer per eligible Client. This Offer is non-transferable. Offer may be changed, cancelled or extended at any time. All other Account terms, including the Tangerine Money-Back Rewards Program Terms & Conditions, remain unchanged and continue to apply. See the Tangerine Credit Card Cardholder

sports1 wrote: ↑ DP: accepted and approved for my preapproval offer last night. Original preapproval was $20k + 15% CB up to $300 ($2000 MSR). I lowered limit to $10k and was HP TU, and was approved.

I messaged Tangerine and asked them if I upgraded to the World card during app, whether or not I'd be eligible for 15% CB - she confirmed to me no and advised me to upgrade to the World card after the promo period ends.

Some additional talking points:
- Tangerine Pre-Approvals 100% require a credit check. When you go through the application, there's a box you tick that says "I consent to a credit check as part of this application". CreditKarma (which monitors TransUnion) notified me today that I had a hard pull from Tangerine.

- Fine print clearly says (at least for me) you have 92 days from activation (not approval) to hit MSR, and it's up to $2000:
"(iii) have up to a maximum of $2,000 in total Net Purchases posted to their Account within the 92-day period beginning on the date the Tangerine Money-Back Credit Card is activated"

- Upgrade to World card during app (if you have a preapproval) will negate the preapproval bonus (ie. no 15%/10%/etc. CB bonus) [this is per CSR online - you can always upgrade after promo period is done]

- I wouldn't risk going through GCR for an extra $50-$75 if that means having to spend an extra $3000... typically preapproval and external referral links don't mix

sports1 wrote: ↑ DP:
I messaged Tangerine and asked them if I upgraded to the World card during app, whether or not I'd be eligible for 15% CB - she confirmed to me no and advised me to upgrade to the World card after the promo period ends.

Bwucewee wrote: ↑ I have already upgraded to the World through the app. I received and activated my card. Called into Tangerine (which was a long wait) and the rep confirmed that I have the 15%/2000 min spend associated to my card and that the bonus would be paid 1 to 2 statement cycles after the first 3 months.

sports1 wrote: ↑ - I wouldn't risk going through GCR for an extra $50-$75 if that means having to spend an extra $3000... typically preapproval and external referral links don't mix

Bwucewee wrote: ↑ I have already upgraded to the World through the app. I received and activated my card. Called into Tangerine (which was a long wait) and the rep confirmed that I have the 15%/2000 min spend associated to my card and that the bonus would be paid 1 to 2 statement cycles after the first 3 months.

savemoresaveoften wrote: ↑ well lets say ur intention is spend $2000 and stop. You are really risking only $200 ($2000 * (15-5)%) to earn an extra 50-$75. Its worth taking a risk thru GCR plus just take screen shot of the promo when one applies.

sports1 wrote: ↑
Scenario 1: go through GCR for $50-75 + eligible for $250 / $5k MSR offer
The fine print for the $5000 offer said "at least $5000 in net purchases". So if you spend $2000, according to the T&C (I don't take the word of CSR over the T&C, as the T&C is what both them and I will refer to if we ever get into a dispute) you will get $0 from Tangerine + $50-75 GCR.

savemoresaveoften wrote: ↑ Pretty sure it meant to earn the full $250, u need to spend at lest $5k. So if one only spends $2k, then get $100 instead of $0

looks like bonus promotion over anyway

DarkFrost wrote: ↑ I am currently a new user
I am looking to apply for tangerine especially for their line of credit people have been getting.
Will their be a credit check if I apply?

MoneyHypeMike wrote: ↑ I got hit with a check, wait until they have an offer (0% interest for 3 months I believe)