Tangerine Money-Back Credit Card
Last updated:
No annual fee
Earn 10% cashback on purchases
Earn 10% cashback on purchases in your selected categories for the first 2 months, up to $100.
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Key Details
Annual Fee
$0
Network
mastercard
Credit Required
good
Reward Type
cashback
Rewards Earn Rates
2x
Groceries
2x
Gas
2x
Dining
0.5x
Travel
0.5x
Everything Else
Highlights
- No annual fee
- Up to 2% cashback in up to 3 categories of your choice
- 0.50% cashback on all other purchases
- No minimum income requirement
Pros & Cons
Pros
- + No annual fee ever
- + Choose your own 2% cashback categories
- + Simple and flexible rewards structure
- + No minimum income requirement
Cons
- – Only 0.50% on non-category spending
- – Mastercard network (fewer airport lounges)
- – Must bank with Tangerine for best rates
Who Is This Card For?
The Tangerine Money-Back Credit Card is best suited for Canadians who prioritize no-fee, cashback, groceries spending. With no annual fee, it's an excellent choice for anyone who wants rewards without ongoing costs.
Benefits Breakdown
Extended Warranty
Purchase Protection
90 days
Insurance Coverage Details
Ways to Reduce the Annual Fee
- No fee to reduce - this card is always free
- Open a Tangerine savings account to get 2% in a 3rd category instead of 2
Multi-Card Strategy
Excellent everyday companion to a premium travel card. Use for your top 2-3 spending categories where you don't have a better earn rate.
See full multi-card strategies →Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.