Tangerine Money-Back review: requirements and how to apply
See if the benefits interest you
If you’re looking for a credit card that rewards you for everyday purchases, the Tangerine Money-Back Credit Card might be an option to consider.
With a simple cash back structure and no annual fee, it can suit people who want to earn rewards without complicated rules.
In this guide, we’ll walk you through the main details of this card, including its benefits, fees and requirements, and how it could fit into your routine. Keep reading!
Who is the Tangerine Money-Back credit card for?
The Tangerine Money-Back Credit Card suits people who want cash back on everyday spending and like the idea of choosing their own bonus categories instead of following rotating categories set by the bank.
It can also be a good fit for people who prefer a simple, low-maintenance card with no annual fee.
To qualify for this card, you must:
- Have a gross annual income of $12,000 or more;
- Have reached the age of majority in your province or territory;
- Be a resident of Canada;
- Not have declared bankruptcy in the past seven years.
Benefits of the credit card
The Tangerine Money-Back Credit Card comes with several benefits that can help you earn rewards and save money.
Let’s break down the main advantages:
Cash back in categories you choose
You earn 2% cash back on purchases in two categories of your choice, such as groceries, restaurants, gas, drug stores, recurring bill payments, hotels and motels, public transportation and parking, and more. All other purchases earn 0.5% cash back, with no limit on how much you can earn.
You can choose a third 2% category if you have your cash back deposited automatically into a Tangerine Savings Account.
No annual fee
The card has no annual fee, so you can earn cash back without paying a yearly cost.
Free additional cards
You can add up to 5 authorized users at no cost. Their purchases also earn cash back for your account.
Insurance coverage
The card includes Purchase Assurance, which covers most new items against loss, theft or damage for 90 days, and Extended Warranty, which may double the manufacturer’s warranty for up to one additional year. The lifetime maximum for these two coverages is $60,000.
It also includes Mobile Device Insurance of up to $1,000 and Rental Car Collision/Loss Damage Insurance for rentals of up to 31 consecutive days. Coverage is subject to the terms, limits and exclusions in the Certificate of Insurance.
Fuel savings at Shell
If you link your card to a Shell Go+ account, you can get up to 8¢ per litre in value at participating Shell stations. The maximum value depends on the fuel grade, your 2% categories and whether you’re a Scene+ member.
Main details of the card
- Card network: Mastercard, accepted in Canada and internationally;
- Credit limit: set by Tangerine based on your credit history and other factors;
- Annual fee: $0;
- Interest rates: 20.95% on purchases and 22.95% on cash advances and balance transfers;
- Foreign currency conversion fee: 2.5%;
- Other fees: cash advance fee of $3.50 in Canada or $5 outside Canada, balance transfer fee of 3% (minimum $5), and $25 for over-limit, dishonoured payments or a rush card;
- Does it accept clients with bad credit? Tangerine doesn’t publish a minimum credit score. Approval depends on its credit check and other criteria, such as income.
Rates and fees checked on September 22, 2026, against the official Tangerine website. Confirm current terms on the Tangerine website before applying.
Frequently asked questions
Still have questions about the Tangerine Money-Back Credit Card?
Here are answers to some of the most common questions about this card:
Your new categories won’t apply retroactively. Check the effective date before confirming the change.
Your Money-Back Rewards are paid automatically each month on your statement date, either as a credit to your Credit Card Account or as a deposit into your Tangerine Savings Account. Your account must be in good standing to receive them.
Coverage is subject to the terms, limits and exclusions in the Certificate of Insurance.
Documents required to apply
Tangerine doesn’t publish a list of documents for this card. To apply, you’ll need to:
- Become a Tangerine client, if you aren’t one already. You can sign up online or through the app, subject to successful digital verification of your identity;
- Provide your personal and financial information, including your income;
- Consent to a credit check.
How to contact Tangerine?
If you have questions or need help with your Tangerine Money-Back Credit Card, you can contact Tangerine through:
- Phone: 1-888-826-4374;
- Chat: available on the official website;
- Help Centre: the Contact Us page on tangerine.ca lists all contact options.
How to apply for the Tangerine Money-Back credit card?
You can apply for the Tangerine Money-Back Credit Card online, on the Tangerine website or through the Tangerine Mobile Banking app.
If you’re already a Tangerine client, log in and start your application. If you’re new, sign up to become a client first. You’ll then confirm that you meet the eligibility requirements, provide your personal and financial information, choose your 2% categories and consent to a credit check.
Conclusion
The Tangerine Money-Back Credit Card can be a good option for people who want a simple rewards card with no annual fee.
The ability to choose, and change, your 2% categories, monthly cash back payments and included purchase, mobile device and rental car insurance make it practical for everyday purchases.
However, purchases outside your chosen categories earn only 0.5%, a 2.5% fee applies to foreign currency purchases, and interest rates start at 20.95%. Evaluate whether the card fits your spending habits before applying.
Click on the button below to be redirected to the official website responsible for issuing the Tangerine Money-Back credit card
You will be redirected
Disclaimer: This site is independent and strictly informational, and its content does not constitute financial advice. Finvyu is not affiliated with Tangerine or Scotiabank. We do not guarantee credit card approval, which is solely subject to a credit check and risk analysis by the issuing bank (Tangerine Bank). Finvyu Editorial Team.
