Earn 15% Bonus Cash Back With Tangerine Mastercards (Plus $100 GeniusCash)

Offer ends November 30, 2021.
creditcardGenius Team
updated on May 6, 2022
Fact Checked
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Accuracy is important to us so this article has gone through a thorough 3-stage review process and fact-checked by our team.

Please note this offer is no longer available. You can find current offers here.

Having a Tangerine credit card in your pocket means getting a unique no annual fee Mastercard that puts you in control of how you earn rewards.

And now, Tangerine credit cards have upped their welcome offer, making it one of the best among no annual fee credit cards.

And to top it off, you’ll also qualify for a $100 GeniusCash offer if you apply through the creditcardGenius offers page.

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Earn 15% cash back with a Tangerine Mastercard

Both the Tangerine Money-Back Credit Card and the Tangerine World Mastercard® have increased their welcome offers.

Previously, you’d get an extra 10% cash back on all your purchases for the first 2 months, on $1,000 in spend. If you maxed that out, you’d get an extra $100 in cash back.

But the offer has been increased by 50%. You’ll now earn an extra 15% cash back on your first $1,000 in spend, over the first 2 months. That’s up to $150 in bonus cash.

And unlike most cash back welcome offers where the bonus rate includes what you would normally earn, this is on top of your card’s regular rewards.

Tangerine’s offer ends on November 30, 2021.

But that’s not all…

To top it off, both Tangerine credit cards have GeniusCash offers. You’ll earn $100 cash on us when you get approved for either one (just note you can’t apply for both).

And with your approval, you’ll be automatically entered into our huge giveaway. Right now, you could win $10,000 in cash – but if we reach 5,000 valid entries, the grand prize will be upgraded to a brand new Tesla Model 3.

Learn more about GeniusCash offers and the Tesla giveaway here.

These GeniusCash offers end on December 31, 2021.

In the meantime, want to learn more about Tesla Model 3s, and see if they really are the smartest entry level electric cars on the road? Check out our deep dive on Model 3s.

An overview of Tangerine Mastercards

New to Tangerine Mastercards? Here’s what they have to offer.

They have a very unique rewards structure. You get to decide which categories you earn 2% cash back in. Here are your choices.

Tangerine Mastercard categories

As to how many categories you get to choose, it depends on where you get your rewards deposited (which happens monthly).

If you get them applied as a statement credit, you’ll get to choose 2 categories. But if you get them deposited into a Tangerine Savings account, you’ll get to choose 3 categories.

You’ll earn 0.5% cash back on all other purchases.

As for other things these cards offer, they come with a balance transfer offer of 1.95% for 6 months, and basic extended warranty and purchase protection.

The Tangerine World Mastercard has a few extra features than the Tangerine Money-Back Credit Card – but it also has higher income requirements of either $60,000 personal or $100,000 household.

These are:

  • membership to Mastercard Airport Experiences (each visit costs US$32),
  • mobile device insurance, and
  • car rental insurance.

And of course, both cards have no annual fee.

4.4 Genius Rating
3.4 (79) User reviews
award seal ×1 Award winner
Annual fee
$0.00
Learn more
Welcome bonus
$106
11.13% cash back
Annual rewards
$273
GC Ends: Oct 31, 2025
Credit Card Genius Cash IconGC: $125
Tangerine Money-Back Credit Card
Instant approval: Yes
Credit estimate:
4.4 Genius Rating
3.4 (79) User reviews
award seal 1x Award winner
Annual fee
$0.00
Learn more
Welcome bonus
$106
11.13% cash back
Annual rewards
$273
GC Ends:
Oct 31, 2025
Credit estimate:
 (660 - 724)
Instant approval: Yes

4.4 Genius Rating
3.3 (23) User reviews
Annual fee
$0.00
Learn more
Welcome bonus
$106
11.13% cash back
Annual rewards
$273
GC Ends: Oct 31, 2025
Credit Card Genius Cash IconGC: $125
Tangerine World Mastercard®
Instant approval: Yes
Credit estimate:
4.4 Genius Rating
3.3 (23) User reviews
Annual fee
$0.00
Learn more
Welcome bonus
$106
11.13% cash back
Annual rewards
$273
GC Ends:
Oct 31, 2025
Credit estimate:
 (660 - 724)
Instant approval: Yes

Your turn

Tangerine has upped their offer, and it’s one of the best welcome bonus offers with a no annual fee credit card.

And to make things better, the Tangerine Mastercards also come with GeniusCash offers (and chance to win a Tesla Model 3).

Will you take Tangerine up on their updated offer?

Let us know in the comments below.

creditcardGenius is the only tool that compares 126+ features of 229 Canadian credit cards using math-based ratings and rankings that respond to your needs, instantly. Take our quiz and see which of Canada's 229 cards is for you.

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Editorial Disclaimer: The content here reflects the author's opinion alone. No bank, credit card issuer, rewards program, or other entity has reviewed, approved, or endorsed this content. For complete and updated product information please visit the product issuer's website. Our credit card scores and rankings are based on our Rating Methodology that takes into account 126+ features for each of 229 Canadian credit cards.

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