One of Canada's leading virtual banks, Tangerine offers a pair of no fee credit cards to go along with all of their no fee banking options.

They are:

Both cards are actually quite similar – it's in the finer details where the differences come into play.

Here are the basic details on their cards.

Earning Tangerine Money-Back Mastercard rewards

Let's start with the earn rates. Both cards will earn you:

  • 2% cash back on up to 3 categories of your choice and
  • 0.5% cash back on all other purchases.

You get your choice of 2 categories if you choose to get your rewards as a statement credit.

But if you get your rewards deposited onto a Tangerine Savings account, you get to choose 3 categories to earn the bonus cash back in.

And, you get your rewards paid out every month, rather than waiting once per year like many other cash back credit cards.

Tangerine Money-Back categories

So what categories are there to choose from? Tangerine offers 10 different categories:

Tangerine Money-Back categories

The fact that you get to choose what your bonus categories are is a unique feature among Canadian credit cards. There aren't any other cash back cards that let you do this.

Other Tangerine Mastercard features

Besides rewards, and not having annual fees, what other features do these cards have?

Tangerine Mastercard insurance

For insurance, the offers basic purchase protection and extended warranty coverage.

The offers both of these coverages, as well as rental car insurance and the rare mobile device coverage.

Tangerine credit card balance transfer offer

They also both have a balance transfer offer if you need some help tackling credit card debt. You can get a low rate of 1.95% on balance transfer for the first 6 months.

If you take advantage of this offer, make sure to follow the rules related to balance transfers – the biggest one being not to use your credit card until the balance transfer is paid off.

Tangerine World Mastercard airport lounge access

The has 1 other benefit on top of everything else already discussed.

You can gain access to over 1,000 airport lounges with Mastercard Airport Experiences. Just note that no free visits are included, they cost $32 USD each.

Tangerine Mastercard income requirements

The only other difference between these credit cards are the income requirements.

The only requires a personal income requirement of $12,000 personal.

The requires the typical World Mastercard income requirements of either $60,000 personal or $100,000 household.

Which one will you pick?

So which one will you pick? Since they both have no annual fee, it all depends on your income. If you meet the requirements, there's really no downside in getting the with the extra benefits it provides.

If you don't, the still offers the same flexible cash back rewards.

Best Tangerine Credit Cards

Frequently asked questions about Tangerine credit cards

Here are some frequently asked questions about Tangerine credit cards.

What credit cards does Tangerine offer?

Tangerine offers 2 credit cards – the & the , both of which have no annual fee.

What categories can you earn 2% money-back rewards in?

You can earn 2% money-back rewards on these 10 categories:

  • groceries,
  • gas,
  • recurring bills,
  • drugstores,
  • hotels and motels,
  • public parking and transit,
  • entertainment,
  • home improvement,
  • furniture, and
  • restaurants.

How many money-back categories can I choose from?

You'll get to choose 2 categories if you get your rewards as a statement credit, or 3 categories if you get them deposited in a Tangerine Savings account.

How can I apply for a Tangerine Mastercard?

Our secure links will take you to Tangerine's website, where you can apply for one of their cards. Click "Apply," and you'll be taken directly to Tangerine's site. Click on "Learn More" and you'll see another page with more details about the card. An apply link is also on that page.

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