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.
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.
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|
|American Express SimplyCash Preferred||400 Cash back||$301||Apply|
|BMO CashBack World Elite||250 Cash back||$250||Apply|
|Scotiabank Momentum Visa Infinite||200 Cash back||$200||Apply|
|TD Cashback Visa Infinite||200 Cash back||$200||Apply|
|BMO CashBack Business||150 Cash back||$150||Apply|
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