CardsCalculatorBlogAboutContact
TangerineMoney-Back
Cash backNo annual feeTangerine · Mastercard

Tangerine Money-Back

Category cardWhat the roles mean

  • 2% cash back in 2 categories you pick (3 with a Tangerine Savings Account), uncapped, no annual fee
Welcome offer now

Earn an extra 10% cash back for the first 2 months (up to $100) on everyday purchases.

Ends November 30, 2026.

Checked on Tangerine's own page October 21, 2026. See Tangerine's page

What it earns in a year

$393 back a year

No annual fee to take off.

Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.

Try it with your own spending →

  • Groceries: 2% back.
  • Bills & subscriptions: 2% back.
  • Gas / EV: 2% back.
  • Everything else: 0.5% back.

Highlighted = use this card here.

How to apply for the Tangerine Money-Back

  1. Check you qualify Income: $12,000 personal. You need to live in Canada and be the age of majority in your province.
  2. Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
  3. Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
  4. Apply on Tangerine's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on Tangerine's site →
  5. After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.

How to use it

  • Pick your categories: groceries and recurring bills suit most households; gas, restaurants, drugstore and transit are also on the list of 13
  • Third category: have your cash back paid into a Tangerine Savings Account
  • Change them: every 90 days, to match what you are about to spend on
  • Everything else: use another card. This one pays 0.5%
  • Example: $800/month groceries + $300/month bills + $250/month gas at 2% = $324 a year

Posts about this card

Key facts

Annual fee
$0
Purchase interest
20.95%
Foreign currency fee
2.5%
Min. personal income
$12,000
Min. household income
None published
Rewards
Cash back

Annual fee waiver

  • No annual fee

From tangerine.ca product page, checked October 17, 2026. Not an affiliate link.

More Tangerine cards

Pros

  • No annual fee
  • 2% with no annual cap in the categories you choose
  • Cash back paid every month, no minimum
  • Welcome offer: extra 10% back on your first $1,000 in 60 days (up to $100); apply by November 30, 2026
  • 1.95% on balances transferred in the first 30 days, for 6 statements (1% fee)
  • Low bar: $12,000 income

Cons

  • 0.5% on anything outside your categories
  • Nothing earns 2% until you pick your categories
  • The third category needs a Tangerine Savings Account
  • 2.5% on foreign-currency purchases, even if you pick "Foreign Currency Spend" as a category
  • No travel, rental-car or phone insurance
  • If you earn $50,000+, the Tangerine World Mastercard has the same earn plus more insurance and perks

Insurance included

  • Purchases: 90 days of theft/loss/damage cover
  • Extended warranty: doubles the maker's warranty, up to +1 year ($60,000 lifetime)

Maximums as Tangerine lists them. Conditions apply; the insurance certificate decides claims.

Perks

  • Shell Go+: 3¢/litre off at Shell when you link the card (up to 1,000 L a month)
  • Monthly payout: to your card balance or a Tangerine Savings Account
  • Additional cards: free

Other cards for groceries

Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.

CardEarns on groceriesBack a yearAnnual feeTerms checked
Amex Cobalt5× points≈ 10.0% in value$960$192October 21, 2026
Scotiabank Gold Amex6× points$576$120November 2, 2026
Neo World Elite Mastercard5% back$480$149October 21, 2026
National Bank World Elite Mastercard5× points$480$150October 21, 2026
Desjardins Cash Back World Elite Mastercard4% back$384$100October 23, 2026
SimplyCash Preferred4% back$384$120October 21, 2026
Tangerine Money-Back2% back$192$0October 21, 2026

Other cards for bills & subscriptions

Back a year on $3,600 of bills & subscriptions, caps included. Points at best-case value. Before annual fees.

CardEarns on bills & subscriptionsBack a yearAnnual feeTerms checked
Scotia Momentum Visa Infinite4% back$144$120November 2, 2026
Neo World Elite Mastercard4% back$144$149October 21, 2026
Rogers Red World Elite2% back≈ 3.0% in value$108$0October 21, 2026
TD Cash Back Visa Infinite3% back$108$139October 21, 2026
Rogers Red World Legend2% back≈ 3.0% in value$108$495October 23, 2026
Marriott Bonvoy American Express2× points≈ 2.8% in value$101$120October 21, 2026
Tangerine Money-Back2% back$72$0October 21, 2026

How the offer has changed

One row per check of Tangerine's page, newest first. Old rows are never edited.

CheckedWelcome offerFee, year oneEnds
October 21, 2026Extra 10% cash back (up to $100) on up to $1,000 net purchases in the 60 days after card activation; apply by November 30, 2026 and activate within 45 days of approval. Plus 1.95% on balance transfers made in the first 30 days, for 6 statement periods (1% fee)Unchanged since October 17, 2026 (same 10% / $100 / $1,000, apply by November 30, 2026; rates 20.95% / 22.95%)$0November 30, 2026
October 17, 2026Extra 10% cash back (up to $100) on up to $1,000 net purchases in the 60 days after card activation; apply by November 30, 2026 and activate within 45 days of approval. Plus 1.95% on balance transfers made in the first 30 days, for 6 statement periods (1% fee)Apply-by date moved from September 30, 2026 to November 30, 2026; same 10% / $100 / $1,000. The 60 days now count from card activation. Shell Go+ fuel link (up to 8¢/L) now on the page$0November 30, 2026

General information, not financial advice. Offers change; confirm on Tangerine's page before you apply.