Tangerine Money-Back Credit Card

Tangerine Money-Back Credit Card

A no-fee credit card offering up to 2% cash back on purchase categories you choose.

Get 15% cash back with this welcome offer.

Welcome Bonus

Up to 150 $ cash back Ends Dec 31, 2021

Best For

Value
Year 1

$220

Years 2 and +

$120

Annual Fee

$0

Interest rates
Purchase Rates

19.95 %

Cash Advance Rates

19.95 %

Balance Transfer Rates

19.95 %

Your Monthly Spending

Offer

Offer
  • Apply for a Tangerine Money-Back Credit Card by December 31, 2021 and earn an extra 15% back (up to $150) when you spend up to $1,000 in everyday purchases within your first 2 months.*
  • Earn 2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases.
  • Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.
  • No limit on the amount of Money-Back Rewards you can earn. Change your 2% Money-Back Categories to suit your spending.
  • Purchase protection and Extended Warranty

Fees & Conditions

Personal Income $12,000
Household Income $12,000
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 19.95%
Cash Advance Rates 19.95%
Balance Transfer Rates 19.95%
Balance Transfer
Balance Transfer Intro Duration 5%
Balance Transfer - Promotional Rate 1.95%
Balance Transfer Fees 1 %

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Offer ends on Dec 31, 2021
Welcome Bonus Up to $150 cash back
Minimum Spending Required $1,000
Minimum Spending Timeframe 60 day(s)
Costco

Earnings

All Spending 0.5%
Drugstores 0.5%
Groceries 0.5%
Convenience Stores 0.5%
Gas 0.5%
Telecom/Internet 0.5%
Local Transport 0.5%
Streaming services 0.5%
Dining and Food delivery 0.5%
Online transactions 0.5%
Recurring Payments 0.5%
Office Supplies 0.5%
Travel 0.5%
Entertainment 0.5%

Insurance

Purchase Protection
Extended Warranty