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Tangerine

Avg. Rating: 5.0 (2 reviews)

Tangerine Bank is all about Forward Banking. This means giving customers a simple, easy everyday banking experience. Tangerine has no brick-and-mortar branches and instead provides an award-winning online and mobile banking experience with its streamlined direct digital banking platform. The digital bank, eight-time consecutively highest ranked mid-sized bank in customer satisfaction by J.D. Power, offers credit cards, savings, chequing, GICs, business accounts, mortgages and investments.

Tangerine credit cards are some of the best cash back credit cards in Canada without annual fees. Tangerine promotional offers make these cards even more attractive by doubling the cash back rate and/or by offering a low balance transfer rate.

The Tangerine Money-Back Credit Card offers up to 2% unlimited cash back on purchases in 3 categories and 0.50% cash back on everything else, and purchase protection.

The Tangerine World Mastercard is the ‘premium’ credit card offered by Tangerine Bank and offers Boingo Wi-Fi at over 1 million hotspots worldwide, rental car and mobile device insurance. Both cards don’t have annual fees.

  • TIME IN BUSINESS: Since 1997
Explore Tangerine Credit Cards

1-866-538-2977

3389 Steeles Avenue East Toronto, Ontario
Call Center: 24/7 Call Centre Hours
Support Offered:
  • Phone
  • Email
  • Social Media
  • Web Chat
Availability: All of Canada

Products Offered

Below are all the products offered by this company.

Product Type

  • Money-back credit card
  • Balance transfer promotion
  • Earn 2% money-back rewards on purchases

Eligibility & Terms

  • Applicants must apply for the Card and must consent to a credit check.
  • Accounts must be in Good Standing in order to receive Money-Back Rewards.
  • Minimum $12,000 personal annual income
  • Balance Transfers are treated as Cash Advances and interest applies from the transaction date that appears on your monthly statement to the date you repay the balance in full.
  • The annual interest rate on Purchases and Cash Advances (including Balance Transfers) is 19.95%. Rates are subject to change.

Cost

  • Annual Fee: $0
  • Interest: 19.95%
  • Balance Transfer: Targeted Offer: 1.95% Balance Transfer promo for 6 months (with a 1% fee)

Offers

Special Offer

  • Life’s back in session. Enjoy it with an extra 10% back.
  • Apply for a Tangerine Money-Back Credit Card by July 31st, 2022 and earn an extra 10% back (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months.

Always-On Offer

  • Earn 2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases.
  • Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.
  • No limit on the amount of Money-Back Rewards you can earn. Change your 2% Money-Back Categories to suit your spending.

Key Features

  •  Zero Liability
    • As a Mastercard cardholder, you’re not responsible in the event that someone makes unauthorized purchases with your card.
  • Extended Warranty
    • Doubles the original manufacturers or store brand warranty for up to one year when you pay with your eligible MasterCard.
  • Purchase protection
    • Provides coverage for most items you purchase with your eligible MasterCard if the item is damaged or stolen within 90 days of the date of purchase.
  • Priceless Cities
    • Enjoy special and unique offers on unforgettable experiences around the world with Priceless Cities.
  • Exclusive Experiences and Offers
    • Take advantage of exceptional offers from upscale retailers and world-class hotels and resorts.

Product Type

  • Tangerine World Mastercard®
  • Earn 2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases.

Eligibility & Terms

  • Minimum $60,000 personal annual income
  • Applicants must apply for the Card and must consent to a credit check.
  • Accounts must be in Good Standing in order to receive Money-Back Rewards.

Cost

  • Interest: 19.95%
  • Balance Transfer: Targeted Offer: 1.95% Balance Transfer promo for 6 months (with a 1% fee)
  • Annual Interest Rates:  The annual interest rate on Purchases and Cash Advances (including Balance Transfers) is 19.95%. Rates are subject to change.

Offers

Special Offer

  • Take on the world, get an extra 10% back* on everyday purchases.
  • Apply for a Tangerine World Mastercard® by July 31st, 2022 and earn an extra 10% back* (up to $100) when you spend up to $1,000 in everyday purchases within your first 2 months.

Always-On Offer

  • Earn 2% Money-Back Rewards on purchases in two 2% Money-Back Categories of your choice, and 0.50% Money-Back Rewards on all other purchases.
  • Have your Money-Back Rewards deposited into a Tangerine Savings Account, and get a 3rd 2% Money-Back Category.
  • No limit on the amount of Money-Back Rewards you can earn.
  • Change your 2% Money-Back Categories to suit your spending

Key Features

  • Rental Car Collision/Loss Damage Issuance
    • Damage and theft protection for your car rental when you rent for up to 31 consecutive days and charge the full cost of your rental to your Card.
  • Mobile Device Issuance
    • Covers up to $1,000 if your mobile device is lost, stolen, accidentally damaged or experiences mechanical failure.
  • Mastercard® Airport Experiences Provided by LoungeKey
    • Make the most of your travel with Mastercard® Airport Experiences Provided by LoungeKey. Your complimentary membership gives you exclusive dining, retail and spa offers in over 400 airports worldwide, along with access to over 1000 lounges at $32 USD per visit.
  • Boingo Wi-Fi for Mastercard®
    • Your Tangerine World Mastercard keeps you connected with access to over 1 million Wi-Fi hotspots around the world with Boingo Wi-Fi for Mastercard Cardholders.
  • Mastercard® Travel Rewards
    • With Mastercard Travel Rewards, you can unlock cashback offers and get a rebate applied directly to your statement, by using your Tangerine World Mastercard at select merchants that accept Mastercard while travelling outside of Canada

Product Type:

  • High Interest Savings Account
  • RRSP and TFSA accounts also available

Eligibility & Documents

  • Must be Canadian citizens or landed immigrants
  • At least 18 years of age

Key Features:

  • No unfair fees
  • No service charges while you save
  • No minimum balances
  • Set up an Automatic Savings Program (ASP)

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Frequently Asked Questions About Tangerine

What is Tangerine?

Tangerine Bank is all about Forward Banking. This means giving customers a simple, easy everyday banking experience. Tangerine has no brick-and-mortar branches and instead provides an award-winning online and mobile banking experience with its streamlined direct digital banking platform.

Is Tangerine safe?

Yes. Tangerine has been serving Canadians since 1997 and is a Schedule 1 bank in Canada.

What does Tangerine offer?

Tangerine offers online banking services including their high interest savings account, as well as RRSP and TFSA accounts. Additionally, they offer credit cards with balanced transfer promos and rewards benefits.

How to transfer money to Tangerine?

Transferring money to Tangerine is simple and can be done entirely online. Simply login to your Tangerine online banking account, and use the 'Move My Money' section to perform various transfers to and from your Tangerine accounts.

How to close a Tangerine account?

If you wish to close your Tangerine account, you can do so online via Tangerine Online Banking, or by calling their support line by phone at 1-888-826-4374.

What kind of support does Tangerine offer?

Tangerine offers phone support 24/7, email support as well as help via web chat and social media.

Can I get a TFSA at Tangerine?

Yes, Tangerine offers TFSA accounts to be opened.

Can I open an RRSP at Tangerine?

Yes, you can easily open an RRSP account at Tangerine.

What is the Tangerine Money-Back Credit Card?

Unlike other credit cards, the Tangerine Money-Back Credit Card allows you to earn unlimited Money-Back Rewards on everyday purchases — with no annual fee.

How much cash back can I earn with the Tangerine World Mastercard®?

Apply for a Tangerine World Mastercard® by July 31, 2022 and earn an extra 10% back* on up to $1,000 in everyday purchases made within your first 2 months.

What's the balance transfer cost on the Tangerine World Mastercard?

If you have a balance you owe on another credit card with a higher interest rate, transfer it to a Tangerine World Mastercard and pay our low promotional interest rate of 1.95% on that transferred balance for 6 months (and 19.95% on any unpaid balances after 6 months). A Balance Transfer Fee of 1% on the amount transferred will apply.

What's included in the mobile device insurance with the Tangerine World Mastercard®?

Get protection on new cell phones, smartphones or tablets when you charge the full cost to your Tangerine World Mastercard, or when you purchase it through a plan and charge all of your wireless bill payments to your Card. Covers up to $1,000 if your mobile device is lost, stolen, accidentally damaged or experiences mechanical failure.

Tangerine Reviews

Avg. Rating: 5.0 (2 reviews)
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Happy Client

It's been 8 years now that I'm with Tangerine. I took advantage of an offer giving me fifty dollars to try them. All went well and I ended up leaving my banking institution to stop paying unnecessary fees. You also can get $50 in bonus by opening your Tangerine account with an orange key and depositing $100.

Jean-Francois
Easy to use

Tangerine is a great online bank and their app is very easy to use. Great way to get some savings going with the savings account.

Jenny

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