Tangerine Money-Back Credit Card

No-fee Tangerine cashback card with 2% back in chosen categories and 0.5% back on other spend.

Last checked on June 12, 2026. We may earn a commission when you click through.

✓ No annual fee ✓ 2% cashback in up to 3 chosen categories ✓ 10% cash back for the first 2 months (up to C$100)

Tangerine Money-Back Credit Card

Mastercard · cashback

Our Verdict

The Tangerine Money-Back Credit Card offers a straightforward cashback structure without an annual fee, making it an appealing choice for moderate spenders. However, its rewards are limited to select categories.

What it really costs

Annual fee	No annual fee
APR Range	20.95% – 22.95%
RewardsUnlimited 2% cash back in up to 3 categories of choice with a savings account, plus 0.5% back on all other purchases.	2%
Welcome bonus10% cash back for 2 months, capped at C$100	CA$100

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Who it's for

This card is best for Canadians who prefer a no-fee cashback option and have predictable spending in specific categories. It’s less ideal for those who travel frequently or want flexible rewards.

Watch out

Be aware that switching categories requires re-evaluation of your spending habits and may not align with fluctuating needs.

The good and the not so good

No annual fee
2% cashback in up to 3 chosen categories
10% cash back for the first 2 months (up to C$100)
0.5% cash back on all other purchases

Limited to 3 categories for higher rewards
Lower cashback rate on non-category spending
No travel rewards or benefits
Customer service can be hit or miss

In-Depth Review

Our team evaluated the Tangerine Money-Back Credit Card, noting its **no annual fee** as a significant advantage for those looking to save on costs. The **2% cashback** in selected categories is appealing, especially for everyday purchases. However, users must commit to choosing only three categories, which could limit rewards for varied spending habits. The introductory offer of **10% cash back for the first two months** is attractive, but the cap of **C$100** means heavy spenders may not benefit as much. For those regularly purchasing in the same categories, this card can be rewarding, but it lacks travel perks that other cards like the **Scotiabank Gold American Express** provide, which include comprehensive travel insurance and higher overall rewards. While the cashback structure is straightforward, the **0.5% back on all other purchases** feels underwhelming. Users expecting to earn significant rewards on miscellaneous spending may want to consider alternatives like the **RBC Cash Back Mastercard** that offer a more balanced rewards system. Customer service experiences can vary, which is a consideration if assistance is needed frequently. Overall, this card suits moderate spenders who can align their purchases with the selected categories, but those seeking broader rewards should explore other options. For more details, check out the issuer's page at [Tangerine](https://www.tangerine.ca/en/personal/spend/credit-cards/money-back-credit-card).

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