The Tangerine Credit Card Enhances Money-Back Rewards on Purchases Up to 4%
On April 22 the Canadian direct bank Tangerine Bank introduced an improved sign-up bonus offer for their no-annual fee cash back credit card – the Tangerine Money-Back Credit Card. Founded by ING Group in 1997, Tangerine Bank was acquired by Scotiabank in 2012 and now besides the Mastercard cash back card offers savings and chequing accounts, mutual funds and mortgages.
What Is New?
Now instead of 2% new Tangerine Credit Card holders can earn 4% Money-Back Rewards on purchases in two Money-Back Categories. The amount of rewards earned is unlimited. What is more pleasurable, consumers are to choose these categories on their own. All other purchases will also bring Money-Back Rewards of 0.5%.
The offer is valid for 92 days since the card activation date. During this period 4% categories can be changed by the cardholder at any time. After the expiration of the introductory period two selected categories will keep on bringing 2% cash back. Money-Back Rewards don’t have to be activated since they are earned automatically.
How to Avail Oneself the Offer?
To take advantage of this intro offer, you should:
- be a resident of Canada,
- make sure you never had a Tangerine Money-Back Credit Card Account before,
- apply for the Tangerine Credit Card between April 22, 2019 and July 31, 2019,
- activate the credit card within 45 days after approval,
- chose two 4% categories.
Get an Extra 4% Money-Back Category
Payments are entered in the account monthly and there are two options of where they will be transferred: towards the credit card balance or into the savings account. In case cardholders choose to deposit their Money-Back Rewards into a Tangerine Savings Account, they will be able to get the third category for 4% cash back.
Latest Credit Card Rewards News
This week, BlockFi, a crypto lending company, announced the upcoming release of its rather unusual credit card – the Bitcoin Rewards Credit Card. The card will become the first-ever credit card with cryptocurrency rewards. Until now, credit cards’ rewards programs could offer cashback, points, or miles. But earning credit card rewards in the form of […]
2020 can be safely called the weirdest year of the last decade. The pandemic has affected every corner of the world. And we can only guess what surprises await us in the last month of the year. However, something still remains the same (or almost the same) – Black Friday. It is not hard to […]
This week marked the launch of another credit card. This time we are talking about the new cash back credit card from Venmo, a mobile payment service owned by PayPal. The card got a very simple name – Venmo Credit Card. The company announced its plans to roll out its first credit card a year […]
Starting July 1, holders of Chase Freedom® credit cards can earn 5% cash back for purchases in special Q3 2020 bonus categories. The new quarter favors eligible Chase customers with enhanced rewards on Whole Foods Market and Amazon.com purchases. Chase states that all Whole Foods Market purchases made before October 1 will qualify for 5% […]
The coronavirus pandemic has affected everyone. Many people were to remain without earnings. To support people, many banks have developed relief programs and offer customers, for example, defer payments, temporarily reduce interest, increase credit limits, etc. American Express don’t stand aside either. But in addition to the Financial Hardship Program, the issuer also decided to […]