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NEW Tangerine WORLD Mastercard Review - Cash Back Credit Card CanadaThe BMO CashBack World Elite* Mastercard*, for example, offers two years of warranty. Some extended warranties are not limited to only items you purchase. carrier or hour extension insurance benefits, call: To file a claim or for more information on your insurance benefits, call MasterCard� Assistance. It says a maximum of two additional years, so I think if the product has a 1 year manufacturer warranty, the BMO card "doubles" it to 2 years.