Tangerine Money-Back Credit Card Review

If you're looking for a credit card that combines customization, affordability, and rewarding benefits, the Tangerine Money-Back Credit Card is your ticket to earning cash back with enthusiasm and ease!

This card is all about putting you in control of your rewards, offering the exciting ability to customize your cash back categories. Choose up to three spending categories where you’ll earn higher cash back rates, allowing you to earn rewards on the purchases that matter most to you.

CREDIT CARD

Tangerine Money-Back

Annual fee $0 Money-Back Unlimited

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What’s even better? The Tangerine Money-Back Credit Card comes with no annual fee, making it a budget-friendly option for maximizing rewards without extra costs. Enjoy the freedom of redeeming your cash back at any time with no minimum redemption threshold, giving you flexibility and control over your rewards.

Earning rewards

With the Tangerine Money-Back Credit Card, earning rewards is both straightforward and rewarding. This card allows you to earn 2% cash back on purchases within up to three Money-Back Categories of your choice.

These categories can include groceries, dining, gas, recurring bills, and more—giving you the flexibility to earn higher cash back rates on the purchases that align with your spending habits.

Additionally, for purchases outside of your chosen categories and for any additional spending, you’ll still earn a competitive 0.5% cash back. This simplified rewards structure ensures that you earn cash back on all your purchases, making it easy to maximize your rewards with every swipe of your card.

Whether you’re earning cash back on everyday essentials or treating yourself to something special, the Tangerine Money-Back Credit Card rewards you for your spending choices.

Redeeming rewards

Redeeming rewards with the Tangerine Money-Back Credit Card is simple and flexible:

1. Apply as a Credit: Use your cash back rewards to apply as a statement credit towards your credit card balance.
2. Deposit into Tangerine Savings Account: Directly deposit your cash back rewards into your Tangerine Savings Account to boost your savings.
3. Choose Other Options: Redeem your cash back for charitable donations, gift cards, or apply it towards specific purchases or services.
4. No Minimum Redemption Threshold: Enjoy the freedom to redeem your cash back rewards at any time, without a minimum redemption amount.

Benefits of Tangerine Money-Back Credit Card

Having a credit card for everyday purchases is essential for various transactions, such as renting a car or purchasing plane tickets. The Tangerine Money-Back Credit Card offers several benefits that make it a valuable financial tool.

• No annual fees

With no annual fee, you can enjoy the benefits of cash back rewards and other card features without worrying about recurring expenses. If you’re looking for a straightforward and cost-effective credit card option, the Tangerine Money-Back Credit Card offers excellent value with no annual fee.

• A fair to good credit score requirement

The Tangerine Money-Back Credit Card offers approval with a credit score as low as 600, making it accessible to a broader range of individuals seeking cash back rewards and other card benefits. This lower credit score requirement provides an opportunity for those with fair credit histories to qualify and enjoy the advantages of this card.

• Low annual income requirements

The Tangerine Money-Back Credit Card is an excellent option for those looking to earn rewards on their spending without needing a high income for approval. With this card, you can earn both points and cash back on your purchases, making it versatile and rewarding. Plus, its accessibility to individuals with good credit but lower incomes makes it an inclusive choice for a wide range of consumers.

• 1.95% APR for balance transfers

The Tangerine Money-Back Credit Card offers a promotional balance transfer rate of 1.95% for the first 6 months, making it an attractive option for consolidating existing credit card debt. A transfer fee of 3% applies, with a minimum fee of $5. This introductory rate can help you save on interest charges and manage your debt more effectively during the initial months of card ownership.

• Insurance coverage

The Tangerine Money-Back Credit Card comes with valuable insurance coverage that enhances your purchasing confidence. This includes extended warranty and price protection benefits, which may seem modest but offer significant value. These insurance benefits add tangible value to your card membership, offering peace of mind and savings on your purchases throughout the year.

• Available for students

The Tangerine Money-Back Credit Card is perfect for students with no credit history. It has lower credit score requirements and no income requirements, making it easy for students to qualify and start building credit while earning cash back rewards. If you’re a student looking for your first credit card, the Tangerine Money-Back Credit Card is a student-friendly choice that offers accessibility and rewards.

Credit Card Tangerine Money-Back: Application Requirements

Before you embark on the journey of applying for the Tangerine Money-Back Credit Card, ensure you meet the following eligibility criteria:

1. Age: Applicants must be at least 18 years old.
2. Income: A minimum annual income is required for eligibility. Please check the current income threshold on the official Tangerine website.
3. Residency: The Tangerine Money-Back Credit Card is available to Canadian residents only.
4. Credit History: A reasonably good credit history is recommended for approval.

Ensure you meet these criteria to proceed with the application process.

How to Apply for the Tangerine Money-Back Credit Card

Applying for a Tangerine Money-Back Credit Card is easier than you think:

1. Go to the Tangerine website and look for Tangerine Money-Back Credit Card
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

Credit Card Tangerine Money-Back: Frequently Asked Questions (FAQs)

Here are some commonly asked questions about the Tangerine Money-Back Credit Card:

What should I do if my card is lost or stolen?

• If your Tangerine Money-Back Credit Card is lost or stolen, contact Tangerine immediately to report the incident and request a replacement card.

Is there a foreign transaction fee?

• Yes, a 2.5% foreign currency conversion fee applies to transactions made in a currency other than Canadian dollars.

Can I change my selected cashback categories?

• Yes, Tangerine allows you to change your 2% cashback categories at any time.

CREDIT CARD

Tangerine Money-Back

Annual fee $0 Money-Back Unlimited

Access everything you need with a credit card

APPLY NOW You will be redirected