This card empowers you to personalize your cash back categories by selecting up to three spending areas where you’ll earn higher cash back rates, ensuring you’re rewarded for the purchases that matter most to you.
And the cherry on top? There’s no annual fee with the Tangerine Money-Back Credit Card, making it a wallet-friendly option for maximizing rewards without any extra costs. Enjoy the flexibility of redeeming your cash back at any time, with no minimum redemption threshold, giving you ultimate freedom and control over your rewards.
Tangerine Money-Back
Annual fee $0 Rewards Up to 2%Earning rewards
The Tangerine Money-Back Credit Card makes earning rewards a breeze while ensuring every purchase is rewarding. With this card, you can earn an impressive 2% cash back on purchases within your chosen Money-Back Categories, allowing you to customize your rewards experience.
These categories encompass a wide range of spending areas such as groceries, dining, gas, recurring bills, and more, providing you with the flexibility to earn higher cash back rates on the purchases that best match your lifestyle and spending habits.
Even for purchases outside of your selected categories or any additional spending, you’ll still earn a competitive 0.5% cash back. This straightforward rewards structure guarantees that you earn cash back on all your purchases, simplifying the process of maximizing your rewards with every swipe of your card.
Whether you’re stocking up on everyday essentials or indulging in a special treat, the Tangerine Money-Back Credit Card rewards you for your spending choices, ensuring that every purchase contributes to your cash back rewards.
Redeeming rewards
Redeeming rewards with the Tangerine Money-Back Credit Card is a breeze, offering simplicity and flexibility to suit your preferences:
- Apply as a Credit: Put your cash back rewards to work by applying them as a statement credit towards your credit card balance, effectively reducing your outstanding amount.
- Deposit into Tangerine Savings Account: Opt for direct deposit of your cash back rewards into your Tangerine Savings Account, giving your savings a welcome boost with every reward earned.
- Choose Other Options: Enjoy the freedom to explore various redemption options, including charitable donations, gift cards, or applying your cash back towards specific purchases or services that catch your eye.
- No Minimum Redemption Threshold: Say goodbye to restrictions and enjoy the freedom to redeem your cash back rewards at any time, without the hassle of a minimum redemption amount, ensuring you have full control over your rewards.
Benefits of Tangerine Money-Back Credit Card
- No Annual Fees:
With the Tangerine Money-Back Credit Card, you can revel in the perks of cash back rewards and other card features without fretting over recurring expenses. If you’re seeking a straightforward and cost-effective credit card option, this card offers exceptional value with no annual fee.
- Fair to Good Credit Score Requirement:
Approval for the Tangerine Money-Back Credit Card starts at a credit score as low as 600, widening access for individuals in search of cash back rewards and additional card benefits. This lower credit score threshold opens doors for those with fair credit histories to qualify and relish in the advantages of this card.
- Low Annual Income Requirements:
Perfect for those aiming to earn rewards on their spending without necessitating a hefty income for approval, the Tangerine Money-Back Credit Card is both versatile and rewarding. Its accessibility to individuals with solid credit but lower incomes renders it an inclusive choice for a diverse array of consumers.
- 1.95% APR for Balance Transfers:
Enjoy a promotional balance transfer rate of 1.95% for the initial 6 months with the Tangerine Money-Back Credit Card, making it a tempting option for consolidating existing credit card debt. While a transfer fee of 3% applies, with a minimum fee of $5, this introductory rate aids in saving on interest charges and efficiently managing debt during the initial months of card ownership.
- Insurance Coverage:
The Tangerine Money-Back Credit Card offers valuable insurance coverage that bolsters your purchasing confidence. Featuring extended warranty and price protection benefits, these insurance perks may seem modest but deliver significant value. They furnish tangible benefits to your card membership, furnishing peace of mind and savings on your purchases year-round.
- Available for Students:
Tailored for students lacking a credit history, the Tangerine Money-Back Credit Card boasts lower credit score requirements and no income prerequisites, simplifying the qualification process for students keen on building credit while earning cash back rewards. If you’re a student embarking on your credit journey, this student-friendly card provides accessibility and rewards aplenty.
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:
- Age: Applicants must be at least 18 years old.
- Income: A minimum annual income is required for eligibility. Please check the current income threshold on the official Tangerine website.
- Residency: The Tangerine Money-Back Credit Card is available to Canadian residents only.
- 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:
- Go to the Tangerine website and look for Tangerine Money-Back Credit Card
- Click on Apply Now
- Read Terms and Conditions
- Fill your personal and financial details
- Submit your application
FAQs about Tangerine Money-Back Credit Card
What is the interest rate on this credit card?
The interest rate varies based on prevailing rates and individual credit assessments. Please check the Tangerine website for the most current rates.
Are there any annual fees?
No, the Tangerine Money-Back Credit Card does not have an annual fee, making it a cost-effective choice for users.
Can I change my cash back categories?
Yes, Tangerine allows you to change your chosen cash back categories periodically to suit your changing spending habits.
Is there a limit to the cash back I can earn?
There’s no limit to the total cash back you can earn. However, there might be limits within individual categories, so it’s advisable to review the card’s terms and conditions.
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