Tangerine Money-Back Credit Card
Mastercard cash back card with no annual fee. Earns 2% on your two chosen categories, 0.5% on everything else.
Terms read from Tangerine's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- Not stated
- Purchase APR
- 20.95%
Rewards
- 2% on your two chosen categories
- 0.5% on everything else
Earns cash back.
Not confirmed
- Foreign transaction fee isn't on the card page.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $231 | $131 | $493 | Month 1 |
| Family | $517 | $417 | $1,351 | Month 1 |
| Frequent traveller | $531 | $431 | $1,392 | Month 1 |
Frequently asked questions
Is the Tangerine Money-Back Credit Card worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $517 in year 1 and $417 a year after that, after no annual fee. It pays for its fee by month 1.
What is the Tangerine Money-Back Credit Card welcome bonus?
10% back for 2 months, up to $100.
Does the Tangerine Money-Back Credit Card charge foreign transaction fees?
The issuer's page doesn't state its foreign transaction fee, so check the full terms before travelling.
What isn't counted in its value?
Pick two 2% categories, or three when rewards go to a Tangerine savings account; two are counted. Other 2% options (entertainment, furniture, home improvement, e-games, fitness, foreign currency spend) aren't modelled.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.