The Masters degree is higher that the "two or more..." so just having your Masters degree is enough to get maximum points. Just select Masters degree.
"Points for Skill Transferability Factors
Combination of level of education and official language proficiency
21 (1) The points that may be assigned for a combination of the level of education of a foreign national and their proficiency in their first official language, according to their benchmark level as assessed in that language under the Canadian Language Benchmarks or the Niveaux de compétence linguistique canadiens, are the following:
- (a) 0 points, if the foreign national has a secondary school credential, regardless of their proficiency in their first official language;
- (b) 13 points, if the foreign national has a post-secondary program credential of one or more years and their proficiency in their first official language is assessed at level 7 or higher in all language skill areas, with one or more areas assessed at less than level 9;
- (c) 25 points, if the foreign national has a post-secondary program credential of one or more years and their proficiency in their first official language is assessed at level 9 or higher in all language skill areas;
- (d) 25 points, if the foreign national’s proficiency in their first official language is assessed at level 7 or higher in all language skill areas, with one or more areas assessed at less than level 9 and they have
- (i) two or more post-secondary program credentials, one of which was issued on completion of a post-secondary program of three years or more,
- (ii) a university-level credential at the master’s level or at the level of an entry-to-practice professional degree for an occupation listed in the National Occupational Classification matrix at Skill Level A for which licensing by a provincial regulatory body is required, or
- (iii) a university-level credential at the doctoral level; and
- (e) 50 points, if the foreign national’s proficiency in their first official language is assessed at level 9 or higher in all language skill areas and they have
- (i) two or more post-secondary program credentials, one of which was issued on completion of a post-secondary program of three years or more,
- (ii) a university-level credential at the master’s level or at the level of an entry-to-practice professional degree for an occupation listed in the National Occupational Classification matrix at Skill Level A for which licensing by a provincial regulatory body is required, or
- (iii) a university-level credential at the doctoral level."