Tangerine Money-Back Credit Card review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
19.95% (1.95% for the first 6 months)
0.5% cashback
Signup Bonus

Informr score
The Tangerine Money-Back Credit Card currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 11 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Tangerine Money-Back Credit Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $12000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

Young and Thrifty

The Tangerine Money-Back credit card costs you nothing, earns you money on all spends with no caps, and automatically reimburses you. All things considered, this card is clearly a winner, and you’re actually earning a few bucks by putting this plastic in your wallet.

- Keph Senett, Young and Thrifty

It proved itself to be a game changer for many Canadians with its unique ability to let you pick and choose the categories in which you can earn extra rewards, shooting itself to the top of the list of best Canadian no-fee cash back credit cards.

- creditcardGenius

The card is the richest and most consumer friendly no annual fee cash back credit card on the Canadian market right now, offering choice, convenience and unparalleled value to cardholders.

- GreedyRates.ca
Money We Have

Overall my Tangerine money-back credit card review is positive. The 2% cash back is easily the highest rate of return for a no fee card and the ability to pick your merchant categories is obviously a huge advantage since you’re customizing the benefits to your advantage.

- Barry Choi, Money We Have

While the fact it’s a no annual fee card is a big reason behind its popularity, what really sets the Tangerine Money-Back Card apart is its customizability. With this card, you can choose your own bonus categories (which will earn you a strong cash back rate of 2% per dollar spent). This is rare in...

- Hyder Owainati, Ratehub.ca


Interest Rates
Regular APR Interest Rate 19.95%
Balance Transfer Interest Rate 19.95% (1.95% for the first 6 months)

Intro rate applies on balances transferred within the first 30 days of account opening.

Cash Advance Interest Rate 19.95%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

- Minimum of $5

- 1% fee on intro. balance rate

Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $25.00
Late Payment Fee $0.00
Sign up bonus No
All Purchases 0.5% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Earn 2% cash back in two categories of your choice

Categories you can choose from include:

  • Grocery
  • Restaurants
  • Gas
  • Drug Store
  • Entertainment
  • Furniture
  • Hotel-Motel
  • Recurring Bill Payments
  • Home Improvement
  • Public Transportation and Parking

Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards No
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $12,000 per year
Temporary Residents No
Additional comments
Terms & Conditions Official Terms & Conditions
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