Tangerine · Mastercard · Cash back
Reviewed 2026-07-06 · By The Points Standard editorial team
Tangerine Money-Back Credit Card
The most flexible free cash-back card in Canada: you build your own earn categories. Modest ongoing value, but there's no fee to justify.
Standard Score breakdown — Situational
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 6.33/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | 10% cash back on eligible purchases (up to $1,000 combined) in your chosen categories for the first 2 months |
| Est. bonus value | ≈ $100 |
| First-year net value | ≈ $340 |
Earn rates
| Two (or three with direct deposit) chosen categories | 2% |
| Everything else | 0.5% |
Why it earns its score
- No annual fee, ever
- Choose your own 2% categories from a list of 10 (gas, groceries, restaurants, and more)
- A third 2% category unlocks with a qualifying direct deposit
Where it loses points
- 0.5% base rate on unchosen categories is weak
- Cash back pays out monthly only with direct deposit; otherwise annually
Who it's for
No-fee shoppers who want to pick their own 2% categories and never think about a renewal fee.
Who should skip it
Your spend doesn't concentrate in 2-3 categories — a flat-rate card like the Rogers World Elite beats it on unchosen spend.
Included insurance
Purchase protection
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.