Tangerine is a direct digital bank: chequing, savings and cards sit with one licensed deposit-taker, not a broker panel. Compare the published fee and {rateAbbr} on the live card — a welcome rate is not the ongoing rate.
Our review
8.9
4.5(1 review)
James Okonkwo · Editor, cards and deposits
Editorial review — not personal advice and not a promise of approval.
Suits:Everyday banking and cards where you want a bank as counterparty and no branch network.
Tangerine is a direct digital bank: chequing, savings and cards sit with one licensed deposit-taker, not a broker panel. Compare the published fee and APR on the live card — a welcome rate is not the ongoing rate.
Editorial scores
Cost9.0
Flexibility8.8
Transparency9.2
Service8.6
What stands out
Direct bank
Chequing, savings and cards
Published fee and rate
Tangerine appears in the Canada comparison as a direct bank. Buckmatch lists it because there is a working apply link and published terms — not because a welcome rate is a typical rate.
Compare cards on credit cards and deposits on savings. Eligible deposits are covered by CDIC coverage under OSFI and the FCAC. This is an editorial review, not advice and not a promise of approval. How we score: methodology.
Pros
A licensed deposit-taker as counterparty, not a broker panel.
Cards and deposits appear as separate live offers, not one blended product.
No branch overhead in the published fee line.
Cons
A promotional savings rate usually steps down; read the ongoing rate on the card.
Service is digital-only — there is no local branch to walk into.
Questions about Tangerine Money-Back World Mastercard
Is Tangerine a broker?
No. You open the account or card with Tangerine Bank. The contract is with the bank.
Does browsing Buckmatch check my credit?
No. A hard inquiry happens only if you apply with Tangerine, as the issuer describes.
Are deposits protected?
Eligible balances with a licensed deposit-taker are covered by CDIC coverage up to the published limit. The live card is the source for what is offered today.
Representative example. Annual Interest Rates: The annual interest rate on Purchases is 20.95% and Cash Advances (including Balance Transfers) is 22.95%. Rates are subject to change. If you don't make 2 consecutive monthly Minimum Payments, or at any time thereafter, an interest rate of 25.95% will apply to your Account on Purchases and 27.95% on Cash Advances (including Balance Transfers).
See the information Box at tangerine.ca/creditcardlegal for full details. Rates and fees are subject to change.
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
How it compares
This card against the next three in this market, on published terms.
How it compares
Tangerine Money-Back World MastercardThis card
Scotiabank Platinum American Express Card
Scotiabank Value Visa Card
Scotiabank Value Visa Card (for students)
Network
Mastercard
American Express
Visa
Visa
Annual fee
$0
$399
$29
$29
Purchase rate
20.95%
9.99%
13.99%
13.99%
Rewards
2% in two selected categories, or three when rewards are deposited into a Tangerine Savings Account; 0.5% on other eligible purchases.
2 Scene+ points/$ on eligible purchases; 5 points/$ on eligible hotels and car rentals booked through Scene+ Travel.
This card focuses on borrowing costs or USD spending rather than a points or cashback programme.
This card focuses on borrowing costs or USD spending rather than a points or cashback programme.
APR
20.95%
9.99%
13.99%
13.99%
Card type
Consumer
Consumer
Consumer
Consumer
Min. income
$50,000
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Lowest APR
2–5 pts/$
Rewards
$399
Annual fee
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Purchase rate
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Reward points
2 Scene+ points/$ on eligible purchases; 5 points/$ on eligible hotels and car rentals booked through Scene+ Travel.
APR
9.99%
Annual fee: CAD 399. Purchase interest: 9.99%. Cash advances: 9.99%. Rates and fees may change; see issuer information box.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
This card focuses on borrowing costs or USD spending rather than a points or cashback programme.
APR
13.99%
Annual fee: CAD 29. Purchase interest: 13.99%. Cash advances: 13.99%. Rates and fees may change; see issuer information box.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
This card focuses on borrowing costs or USD spending rather than a points or cashback programme.
APR
13.99%
Annual fee: CAD 29. Purchase interest: 13.99%. Cash advances: 13.99%. Rates and fees may change; see issuer information box. Student eligibility requirements apply.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
Tangerine: Annual Interest Rates: The annual interest rate on Purchases is 20.95% and Cash Advances (including Balance Transfers) is 22.95%. Rates are subject to change. If you don't make 2 consecutive monthly Minimum Payments, or at any time thereafter, an interest rate of 25.95% will apply to your Account on Purchases and 27.95% on Cash Advances (including Balance Transfers).
See the information Box at tangerine.ca/creditcardlegal for full details. Rates and fees are subject to change.
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
Scotiabank: Annual fee: CAD 399. Purchase interest: 9.99%. Cash advances: 9.99%. Rates and fees may change; see issuer information box.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
Scotiabank: Annual fee: CAD 29. Purchase interest: 13.99%. Cash advances: 13.99%. Rates and fees may change; see issuer information box.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
Scotiabank: Annual fee: CAD 29. Purchase interest: 13.99%. Cash advances: 13.99%. Rates and fees may change; see issuer information box. Student eligibility requirements apply.
We do not receive commission on this link. Eligibility and final terms are determined by the issuer.
