Tangerine Money-Back Mastercard Review

This card offers Canadians customizable 2% cash-back categories, no annual fee, automatic monthly rewards and extended purchase protections.

The Tangerine Money-Back Credit Card is a favourite among Canadians looking for a simple, flexible, and cost-effective way to earn cash back on daily shopping. Designed with personalization in mind, this card lets you choose your own bonus categories so you can maximize rewards exactly where you spend the most. Whether your budget goes toward groceries, gas, dining out, home essentials, or online purchases, this card adapts perfectly to your lifestyle.

What truly makes this card appealing is how seamlessly it blends practicality with value. With no annual fee, automatic monthly rewards, and easy category management, the Tangerine Money-Back Credit Card eliminates unnecessary complexity. It’s ideal for anyone looking to save more without changing the way they shop. From families to students to everyday consumers, the card is built to help Canadians stretch their dollars further.

CREDIT CARD

Tangerine Money-Back

Ongoing Cash Back No-Fee Model

APPLY NOW You will be redirected

Benefits of the Tangerine Money-Back Credit Card

1. Customizable 2% Cash-Back Categories

One of the most attractive features of this card is your ability to select up to two 2% cash-back categories — or up to three if you have a linked Tangerine account. With multiple options such as restaurants, drug stores, home improvement, entertainment, recurring bills and more, you’re in full control of where you earn the highest reward rate.

2. Absolutely No Annual Fee

This card charges no yearly fee, making it a perfect choice for Canadians who want valuable rewards without an ongoing cost. You get premium cash-back benefits without paying for membership.

3. Streamlined Cash-Back Payouts

Your cash-back balance is automatically applied as a monthly deposit or credited to your statement. There’s no need to manually redeem or track points — everything happens seamlessly in the background.

4. Unlock a Third 2% Category with a Tangerine Account

Open a Tangerine Chequing or Savings Account and link it to your credit card to access a third 2% category. This is a major advantage for maximizing rewards across more spending areas.

5. Earn Rewards on Every Purchase

Even outside your chosen bonus categories, you’ll still earn 0.5% cash back on all eligible spending. It’s a consistent earning structure that ensures no purchase goes unrewarded.

6. Advanced Mastercard Security Features

The card includes Zero Liability protection, proactive fraud detection and secure payment technology, giving you confidence whether you’re shopping online or in-store.

7. Digital Wallet Compatibility and Tap-to-Pay

Enjoy quick, convenient and secure payments using Apple Pay, Google Pay and Samsung Pay, or simply tap your card anywhere contactless payments are accepted.

8. Highly Rated Mobile App Experience

Tangerine’s app is recognized across Canada for being user-friendly and intuitive. You can track spending, modify cash-back categories, review statements and manage your account directly from your smartphone 24/7.

9. Insurance Coverage on Eligible Purchases

Your card includes purchase assurance and extended warranty protection on eligible items, offering added peace of mind for electronics, appliances and other high-value purchases.

10. No Minimum Cash-Back Requirement

Cash back is applied monthly with no minimum redemption limit, which means you receive your rewards sooner, more consistently and without inconvenience.

11. Free Additional Cardholders

Add authorized users at no extra charge, and all their spending contributes to your cash-back earnings — perfect for couples, roommates or families who share expenses.

12. Excellent for Everyday Canadian Expenses

From weekly grocery runs to recurring bills to fuel purchases, this card is tailored to fit the daily spending habits of Canadians, making it extremely practical for consistent savings.

Who Can Apply?

To apply for the Tangerine Money-Back Credit Card, you must:

• Be a Canadian resident with a valid address
  
• Be 18 years old or older (19 in some provinces)
  
• Earn at least $12,000 in annual personal income
  
• Have a fair to good credit rating (usually 660 or above)
  
• Maintain a Canadian chequing or savings account
  
• Meet Tangerine’s identity verification and credit assessment requirements
  

How to Apply

1. Visit the official Tangerine.ca website.
   
2. Go to the Money-Back Credit Card product page.
   
3. Click on “Apply Now.”
   
4. Provide your personal, income and employment details.
   
5. Select your preferred 2% categories.
   
6. Agree to the card’s terms, disclosures and interest rates.
   
7. Submit your online application.
   
8. Receive an approval decision—often instantly.
   
9. Once approved, your card will be mailed within 7–10 business days.
   
10. Activate your card and begin earning cash back right away.
    

Frequently Asked Questions (FAQ)

1. Does the Tangerine Money-Back Credit Card have an annual fee?
No, it’s entirely free with no yearly charge.

2. Can I change my 2% categories later?
Yes, you can update your categories once every 90 days through your Tangerine account.

3. How many bonus categories can I pick?
You can choose two, or three if you have a linked Tangerine bank account.

4. Do cash-back rewards expire?
Rewards never expire and are automatically applied monthly.

5. What is the base cash-back rate?
You earn 0.5% on all purchases outside your selected 2% categories.

6. Is this card compatible with mobile wallets?
Yes — Apple Pay, Google Pay and Samsung Pay are all supported.

7. What credit score is required?
Typically, applicants need a fair-to-good score of about 660+.

8. Does the card include insurance coverage?
Yes, it includes extended warranty and purchase assurance on eligible items.

9. Can I add an authorized user?
Absolutely — and it’s completely free.

10. Is there a minimum cash-back amount needed to redeem?
No — redemptions happen automatically each month regardless of balance.

11. Can I use the card outside Canada?
Yes, as a Mastercard, it is accepted worldwide.

12. Is this card good for groceries and gas?
Definitely — both categories can be selected as 2% cashback options.

CREDIT CARD

Tangerine Money-Back

Ongoing Cash Back No-Fee Model

APPLY NOW You will be redirected