Tangerine is a subsidiary of Scotiabank, and a Canadian direct bank that offers no-fee banking services and products to Canadians. Tangerine offers some of the most underrated cashback cards in Canada, the no-annual fee Tangerine Money-Back Credit Card, and Tangerine World Mastercard. Both cards now offer (limited time) additional 10% cashback (up to $100) on everyday purchases. This is in addition to the 2% cashback on everyday purchases.

The cards fare really well amongst the more expensive credit cards in this category. The additional 10% cashback makes it that much stronger.  Cardmembers can select up to 3 categories (including Grocery) for a 2% standard cashback. Also a great addition for Canadians that shop at Walmart stores, since it codes as grocery too.

Assuming a monthly spend of $2,000, these cards would earn $40 monthly, or $580 yearly (incl $100 bonus). Apply for these Tangerine  Credit Cards by August 16, 2021 to earn the extra 10% back (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months.

Tangerine cashback Credit Card

    • Fee: No annual fee
    • Welcome Bonus: Extra 10% back (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months
    • Standard Earning Rate: 2% money-back on two categories, no limit
    • Key Features: 
      • Mastercard Airport Experiences Provided by LoungeKey: Complimentary membership with access to over 1,000 lounges at $32 USD per visit
      • Boingo Wi-Fi for Mastercard: Keep you connected with access to over 1 million Wi-Fi hotspots around the world with Boingo Wi-Fi
      • Rental Car Collision/Loss Damage Insurance: Damage and theft protection for your car rental when you rent and charge the full cost of your rental to your Card
      • Mobile Device Insurance: Up to $1,000 if mobile device is lost, stolen, accidentally damaged or experiences mechanical failure
      • Mastercard Travel Rewards: Pay with your enrolled Mastercard to enjoy automatic cashback offers online and in-store from participating merchants

Detailed list of benefits and perks of the card are listed here

  • Tangerine Money-Back Credit CardApply Now

Fee: No annual fee
Welcome Bonus: Extra 10% back (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months
Standard Earning Rate: 2% money-back on two categories, no limit

Detailed list of benefits and perks of the card are listed here

Tangerine Cashback Categories 

Tangerine cashback Credit Card

While the standard feature allows cardmembers to choose 2 categories to earn cashbacks, members can get a 2% Money-Back Category by choosing to deposit the rewards into their Tangerine Savings Account: sign up using promo code EARNMORE & open a Savings and Chequing Account, to earn a 2.10% Savings rate and $200 bonus.

Take Away

I personally love my tangerine products (checking/saving/credit), for the ease of use, no-fee features, and an incredibly user friendly interface (app and web). No limit on the 2% earn category, and I can use the card at Walmart to code as grocery, is pretty awesome. The current promotion adds an easy $100 in your wallet (additional 10% cashback). No reason to not have a Tangerine cashback credit card if you were looking for a strong no-fee cashback earning card. Make sure you apply by August 16, 2021.