10% Cash back 
$0 Annual fee The Tangerine Money-Back Credit Card is a scaled-down version of the Tangerine World Mastercard.
The two products have an identical earning and redeeming structure, with the biggest difference coming down to the Tangerine World Mastercard offering much more in the way of insurance.
We recommend all those who qualify for the Tangerine World Mastercard to apply for that one instead, as it’s objectively a better card and neither have an annual fee.
Meanwhile, the Tangerine Money-Back Credit Card is not a superb travel card, but it’s a good no-fee option for lower-income individuals to optimize their cash back categories.
Bonuses & Fees
Until April 30, 2024, this card is offering 10% cash back on the first $1,000 spent within the first two months, up to a total of $100.
That’s in addition to the regular earning rate, so you could earn up to 12% return on spend on some purchases.
There is no annual fee, and supplementary cards are also free.
Earning Rewards
The Tangerine World Mastercard earns 2% cash back on up to three categories of your choice:
- Groceries
- Furniture
- Restaurants
- Hotel/Motel
- Gas
- Recurring bill payments
- Drug Store
- Home Improvement
- Entertainment
- Public transportation & parking
It earns 0.5% cashback in all other categories.
2% cash back is a generous offering for a no-fee card. Plus, being able to select your preferred categories makes this a highly flexible card, since every cardholder is able to select their 2% cash back categories to match their spending patterns.
Redeeming Rewards
Cash back is paid monthly, applied either directly to your credit card balance or into your Tangerine Savings account.
Perks & Benefits
The Tangerine Money-Back Credit Card has no perks or benefits to speak of.
Insurance Coverage
The Tangerine Money-Back Credit Card offers purchase assurance and extended warranty.
Purchase assurance protects against loss, theft, or damage on most purchased items for 90 days from the date of purchase and extended warranty doubles the period of manufacturer warranty, up to one year.