Tangerine Money-Back Mastercard
$0 annual fee + 2% cashback in 3 categories
Approved, no minimum spend
Annual fee: $0/year
Tangerine credit cards
The best Tangerine credit cards in Canada for 2026.
Tangerine is owned by Scotiabank and offers a single mainstream credit card: the Tangerine Money-Back Mastercard. It's a no-annual-fee cashback card with category selection — you pick your highest-spending categories and earn 2% on them.
Income range
$12,000+ minimum
Credit score
660+
Best for
No-fee cashback seekers, Tangerine banking customers
Tangerine card lineup
All 1 Tangerine cards we’ve tested.
About Tangerine cards
What to know before applying.
The Tangerine Money-Back Mastercard is the strongest no-fee cashback card in Canada. It earns 2% cashback on up to 3 categories of your choice (or 2 if you redirect cashback to a Tangerine Savings Account) plus 0.5% on everything else. There's no annual fee, ever — and Tangerine is owned by Scotiabank, so the card carries the same regulatory protection as banking with a Big 5.
Best for
No-fee cashback seekers, Tangerine banking customers
Not for
Premium travel rewards, high-income earners who'd benefit from a fee'd premium card
FAQ
Common questions about Tangerine cards.
Is the Tangerine card really no fee?
Yes. The Tangerine Money-Back Mastercard has no annual fee, no supplementary card fee, and no fee for paper or electronic statements. The only fees are the standard credit-card fees: 2.5% FX, $5 cash advance, etc.
How does the Tangerine 2% cashback work?
You pick 2 categories from a list (groceries, gas, dining, recurring bills, entertainment, etc.) and earn 2% on those. If you redirect your cashback to a Tangerine Savings Account, you unlock a 3rd 2% category. Everything else earns 0.5%. Categories can be changed every 90 days.
Who owns Tangerine Bank?
Scotiabank. Tangerine was acquired by Scotiabank in 2012 from ING Group. It operates as a wholly-owned Schedule I Canadian bank subsidiary with full CDIC coverage.
What's the income requirement for the Tangerine card?
$12,000 personal annual income is the published minimum, making it one of the most accessible Canadian credit cards. Most applicants with fair credit (660+) and a stable income source are approved.