Tangerine Money-Back Credit Card
Tangerine (Scotiabank) · Cashback · Statement Credit
This comprehensive guide covers the Tangerine Money-Back Credit Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The Tangerine Money-Back Credit Card from Tangerine (Scotiabank) offers cashback rewards credited directly to your statement at 2%. Top earning categories include 2% on selected categories and more. This card has no annual fee.
Best for: Grocery, Dining, Travel, Transit
Reward Examples
Spend C$1,000 on Grocery → earn C$20 (2%) · 2% on selected categories
Spend C$1,000 on General online → earn C$5 (1%) · 0.5% on everything else
Official product page → Official rules →
Waiver: No annual fee
Reward Rules
- 2% 2% on selected categories
- 1% 0.5% on everything else
Important Notes
- Cardholder chooses 2 categories for 2% cashback; additional category available if cashback deposited into Tangerine Savings Account.
- No annual fee and no income requirement — one of Canada's most widely held no-fee cards.
- Cashback paid monthly as statement credit or deposited into Tangerine account.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
Tangerine Money-Back Credit Card vs Similar Cards
- Alterna Savings Cash Back Visa — 2% top rate · C$0
- BMO Cash Back Mastercard — 3% top rate · C$0
- BMO CashBack World Elite Mastercard — 5% top rate · C$120
Maximize Your Rewards
To earn the highest rewards, use the Tangerine Money-Back Credit Card for its bonus categories: Grocery, Dining, Travel, Transit, General Online.