Tangerine is a newer virtual Canadian bank launched in 2014 as a rebrand of ING Direct Bank that was acquired by Scotiabank in 2012.

Always known for their low fees and fresh approach to banking, they have continued to provide Canadians with an alternative to the big banks for their everyday banking needs.

They've continued that fresh thinking approach to credit cards when they launched their one and only credit card, the Tangerine Money-Back Credit Card in March 2016.

It blazed onto the scene as the top no fee cash back credit card in Canada and held that spot for a little while until they tweaked the card and removed some benefits.

What's so unique about their credit card is that you get much higher rewards in up to 3 spending categories you get to choose. You're not stuck with gas, groceries, and drugstore purchases if that isn't where you spend the most money.

It's also a great card to combine with other no fee credit cards that give you category-specific spending bonuses. That way you can just pull out the credit card that rewards you most depending on where you're shopping.

If you want the best Tangerine credit card, you've found it because there's only one:

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

* Conditions apply.

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