The Tangerine Money-Back card earns cash back and gives cardholders the opportunity to choose three accelerated spending categories to increase their cash back earnings.
Check out our Tangerine Money-Back review for more details about this card.
Rewards Rates
The Tangerine Money-Back credit card accrues cash back for all purchases made on the card:
- 2% cash back on three money-back categories of your choice.
- 0.5% cash back on all other purchases.
Cardholders are able to select three categories in which they will receive the elevated 2% cash back. These categories include grocery, furniture, restaurants, hotel/motel, gas, recurring bill payments, drug store, home improvement, entertainment, and public transport/parking.
Cardholders are able to adjust their elevated 2% cash back categories whenever desired, however, it will take one billing cycle for the change to take effect.
Redeeming Cash Back
Money-back rewards that are earned on the Tangerine Money-Back Mastercard are paid monthly. The cash back will be issued either as a statement credit on the credit card account or as a deposit to a Tangerine savings account, depending on the cardholder’s preference.
Insurance Coverage
The Tangerine Money-Back credit card offers two types of insurance coverage:
- Purchase assurance
- Extended warranty insurance
Other Cash Back Cards You Might Consider
Credit Card | Welcome Bonus | Net Value | ||
---|---|---|---|---|
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American Express SimplyCash Preferred | 400 Cash back | $301 | Apply |
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BMO CashBack World Elite | 250 Cash back | $250 | Apply |
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Scotiabank Momentum Visa Infinite | 200 Cash back | $200 | Apply |
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TD Cashback Visa Infinite | 200 Cash back | $200 | Apply |
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BMO CashBack Business | 150 Cash back | $150 | Apply |
Disclaimer: these responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.