Looking for the best Tangerine credit card in Canada? You’ve got this.

Best Tangerine credit cards in Canada

Online bank Tangerine offers customers two credit card options:

• Worldclass Mastercard

• Money-Back Credit Card

Both cards offer consumers flexibility and rewards with zero fees. Comparing them on LowestRates.ca is fast and easy and allows you to see which one works best for your spending needs.

The Worldclass Mastercard is geared towards travelers who are looking for travel rewards, rental car insurance and other benefits such as mobile device insurance.

As for the Money-Back Credit Card, read on...

Tangerine Money-Back credit card

The Tangerine Money-Back Credit Card, powered by MasterCard, hit the market in early 2016, and its 2% rebate on purchases in two categories, plus its initial 1% rebate on all other purchases, made the card instantly popular with consumers.

Benefits

The card remains a competitive choice for shoppers who like to get money as they spend it. Plus, you still get 2% cash back on two purchase categories of your choice.

Furthermore, rewards are earned automatically on everyday purchases and paid monthly. The flexibility of the card allows you to use it towards your credit card balance or redeem it into your savings account.

Annual fee

One of the best parts of the Tangerine Money-Back Credit Card compared to many other rewards cards out there is it has no annual fee.

Insurance coverage

Tangerine’s Money-Back Credit Card comes with insurance coverage as well.
For most new purchases made anywhere in the world, you will receive a lifetime
maximum of up to $60,000 for the following insurance coverage:

• Purchase assurance to automatically cover loss, theft or damage on
  most insured new items for 90 days from the date of purchase.

• Extended warranty, which may double the period of repair services
  to a maximum of one year.

How to apply for a Tangerine credit card in Canada

You can easily apply for a Tangerine credit card by simply by completing a Tangerine credit card application online through LowestRates.ca

To complete your online credit card application, you’ll need to give the following information:

• Your legal name

• Your current and previous addresses

• Your annual income

• Your employment details

The provider will use the information given to pull your personal credit history and review your overall eligibility for the applied Tangerine credit card and credit limit. Please note, a hard credit check can temporarily drop your credit score, but that should bounce back when you don’t miss any of your credit card payments.

Once you pass the Tangerine credit card eligibility check, you’ll receive your new card in the mail. Follow the Tangerine credit card activation steps and you’ll be ready to go.

About Tangerine

Tangerine was originally founded as ING Direct Canada in 1997. After being acquired by Scotiabank in 2012, the ‘Tangerine’ brand was announced in 2013 and was rolled out in April 2014. With no physical bank branches and a focus on low-fee, mobile-first banking technology, Tangerine is far from a traditional bank, much to consumers’ satisfaction – nearly two million Canadians now bank with Tangerine.

Tangerine is a CDIC member in its own right. Eligible deposits of up to $100,000 per category are protected separately from deposits at Scotiabank.

Tangerine is in the Mastercard credit card network. Tangerine currently does not offer any Tangerine Amex credit cards or Tangerine Visa credit cards. Please visit the Tangerine credit card site for more information. Additionally, Tangerine also offers a no-fee chequing account, a cash back credit card, high-interest savings accounts, mortgages, among other products.