The card that lets you be in control of your own rewards with the ability to choose and change your Money-Back purchase categories at anytime.

Annual Fee
Extra Card Fee
Card Type
Cash Advance
Balance Transfer
Balance Transfer
Transfer Term
6 months
Personal Income
Household Income
Canadian resident who has reached the provincial age of majority.
Extended Warranty 1 year
Purchase Protection 90 days

Please review your insurance certificate for details, exclusions and limitations of your coverage.

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Tangerine Money-Back Mastercard review

Tangerine might not be a name you know very well, but it's a bank that hopes to stand apart from the big banks and gain customers thanks to their lack of banking fees, modern technology, and great customer service.

The Tangerine Money-Back Credit Card is a no fee cash back credit card that could really be worth taking a closer look at.

Tangerine puts you in control by letting you choose where you want to earn the most cash back. You can earn 2% cash back in up to 3 spending categories that you yourself select. They even let you change those bonus categories as your spending habits change. This is the only card on the Canadian market that has this unique feature.

Granted, the 0.5% on all other purchases isn’t great, but if you know you spend heavily in two or three categories, you could really use this card to your benefit.

Another option to max your cash is to combine the Tangerine card with another top no fee cash back credit card. Consider the that gives 1.25% cash back on ALL your purchases, and 2.5% on all purchases for the first 3 months. Simply use your Tangerine card where you’ll get your 2% reward and your Amex for everything else so you never drop below 1.25%.

With either card, there is no limit to the amount of cash back you can earn. And with this card, you don’t have to wait around for a full year to collect your cash. Your cash is automatically paid to you each month, letting you spend it as you earn it.

You also get the added bonus of purchase protection and extended warranty on all of your purchases, so you can make purchases with confidence.

All that being said, this card does have a few problems…

There's very limited insurance coverage provided. With only 2 types, this card doesn’t have the best insurance package, yet it isn’t terrible for a no fee card.

Finally, the only way you can get all three spending categories is if you have a Tangerine banking account. Otherwise you are left with only two categories at 2% and on everything else you are only getting 0.5% cash back.

Want to know even more about this card? Our full blog review has all the details.

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