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Email this3:18 am
May 3, 2015
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Peter Aceto (Tangerine CEO) let it slip on Twitter that he bought his new book "Weology" using Tangerine Cash Back MasterCard.
It's clear that the product is almost ready and is being tested internally before marketing it to the general public, but does anyone on here have any idea as to what kinda cash back reward (or any other features) it might have?
I'm assuming their big/official announcement is just around the corner.
10:52 am
July 10, 2011
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Could you point out the reference on twitter I can't find it now..
I know they were planning it.. Are you sure Peter didn't mean he bought it using the modified Tang overdraft plan just announced??
Bringing out the Mastercard now that overdraft fees were increased is going to be interesting.. I would never use the overdraft but would consider the credit card if it offered greater then 1.25% which I believe is one of the best fee-free cash rates currently..
10:58 am
January 4, 2015
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I'm certainly interested to see what shows up. Nothing has yet to top my no-fee world elite Mastercard from Capital One earning 1.5%. It's no longer available and I'm guessing when my card expires so too do the terms. (BTW, this contradicts a currently airing commercial which states their card is the first no-fee world elite card in Canada)
11:28 am
July 10, 2011
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ertyu that was the fee free card I was looking for.. Just to confirm your on cash back not points?
The normal fee free aspire point card is actually 0.75% versus 1% for the plain cash back one.. Making the cash back card better if you really want cash back.. Points are more versatile but looks like they make cash redemption worth a little less maybe to deter you cashing out and paying off the balance that way.. Kinda sheisty but I hate paying any annual fee..
So at minimum Tangerine is going to have to beat 1-1.25% for me to consider it..
12:09 pm
November 19, 2014
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Not to drag it off topic but we've been quite pleased so far with the
BNS Momentum Visa credit card.
2% on gas/grocery/recurring/drug store
1% on all else
gives us about 1.5% back, based on our blended use.
Since they are waiving the first year fee, it is a "no fee" card to me. I've got it written down in my calendar to cancel it just before the renewal date next year... 
..then I'll just go back to using my MBNA cashback card. Unless this ING card turns out to be useful.
12:43 pm
May 3, 2015
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Yatti420 said
Could you point out the reference on twitter I can't find it now..
I just ordered my book #weology on my mobile phone using my early addition Tangerine Cash Back Credit Card. Exciting day!
— Peter Aceto (@PeterAceto) September 22, 2015
12:50 pm
October 21, 2013
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Koogie, the last time I looked, Momentum card only paid out annually, in November (or December?). Assuming that is still the case, you might want to consider cancelling your card right after you get your cashback, and not wait til next year. Otherwise you will end up either paying a fee for the next year or you will lose the value of the cashback subsequently accumulated.
I found this feature annoying. For this reason, plus the fact that Visa is not accepted at Costco, where we spend the most on groceries, I didn't pursue it.
12:51 pm
July 10, 2011
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Great it's definately coming.. Now I wonder how bad the terms will be.. Atleast we can use a credit product at tangerine again without any immediate fees..
1:03 pm
October 21, 2013
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Aceto is intentionally creating a buzz around this new product.
There is a thread about it here: http://forums.redflagdeals.com.....696103/10/
Looks like it will be Mastercard.
I would be looking for across-the-board 2%, but not expecting it.
1:22 pm
January 4, 2015
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Yatti420 said
ertyu that was the fee free card I was looking for.. Just to confirm your on cash back not points?
The normal fee free aspire point card is actually 0.75% versus 1% for the plain cash back one.. Making the cash back card better if you really want cash back.. Points are more versatile but looks like they make cash redemption worth a little less maybe to deter you cashing out and paying off the balance that way.. Kinda sheisty but I hate paying any annual fee..
So at minimum Tangerine is going to have to beat 1-1.25% for me to consider it..
Yes, straight cash back
2:31 pm
May 3, 2015
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Loonie said
Aceto is intentionally creating a buzz around this new product.
There is a thread about it here: http://forums.redflagdeals.com.....696103/10/
Looks like it will be Mastercard.I would be looking for across-the-board 2%, but not expecting it.
His tweet was clearly pre-planned, but I'm not sure whats the strategy behind this half-announcement. It's not like the "buzz" around it will make people want the card more.
I always say that if you are saying something then say it and if you're not then don't.
It'll be interesting to see if their product truly differs from everything else that's out there on the market.
8:22 pm
October 21, 2013
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I would call it "buzz" when there is interest, talk, curiosity, and anticipation, so that when the product is revealed, people will pay attention to it.
I think that's the goal of the tweet.
8:15 am
July 10, 2011
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So should be by the end of the year.. Let's hope.. Early next year at the latest..
Hi there! Thuva here from Tangerine. How can I help you today?
- Hi Thuva, I was wondering when the Tangerine Mastercard is coming out?...
- We will be launching it towards the year end, we haven't received any detailed communication on its release date yet.
- Ok so by the end of the year?
- Yes.
- Ok thanks.. See ya...
- Thanks, bye.
3:15 pm
December 12, 2008
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Le photo
9:49 pm
October 21, 2013
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In whose hand does it rest, I wonder. Yours, djino?
11:05 pm
May 3, 2015
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Thanks for the photo, djino. I guess the design is inspired by the cash-back concept with all the arrows pointing back at the user (as he/she inserts the card into a chip reader). Whoever designed it must love the arrows lol 
Design is so secondary though. What it offers is what matters at the end of the day. My Sears MasterCard is nothing to write home about design wise, but it doesn't charge me 2.5% foreign exchange commission and I love it for that.
If Tangerine offers the same deal on foreign transactions, I'm in! The biggest benefit would be not having to receive paper statements from Chase, which is such waste of paper. And having my credit card and chequing translations on the same site would be an added benefit/convenience.
Tangerine does not charge 2.5% on foreign ATM withdrawals, so let's hope that they apply the same money-saving philosophy to their credit card. With CAD being so low against all major currencies, it would definitely be a selling feature for a lot of folks who spend substantial time or money in the US or abroad.
Peseta
10:26 am
December 12, 2008
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Loonie said
In whose hand does it rest, I wonder. Yours, djino?
Yes, that's me at a gentlemen s club trying to get some bills from the ATM
djino
12:49 pm
December 12, 2008
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More details have surfaced -> http://webcache.googleusercont.....pend-85863
Consider Tangerine's Money-Back Credit Card that gives 2% cash-back on purchases in two categories of your choice (for instance electronics and personal care), and 1% cash-back on all other purchases. Choose to deposit your money-back rewards into your Tangerine Savings Account and receive a third category (like recurring bill payments) at 2% cash-back. This card also has no annual fee, and rewards are paid out automatically at the end of each month.
djino
1:46 pm
October 21, 2013
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I couldn't make the link work.
If "Other" is a category, then I'm in for sure.
That's where I spend the most.
If not, doesn't sound very impressive unless it has some other good perqs.
Perhaps, since it's free, and if you used it only for these particular categories - for which you are not getting at least 2% on a different economical card - it would work. This would bump up your total number of categories giving a fairly good return. But for the people who are already getting 2% on everything (for a fee), it may be a tough choice and will probably depend on their overall credit card spending, especially in the "Other" category. More number-crunching required!
7:06 pm
December 18, 2008
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djino said
More details have surfaced -> http://webcache.googleusercont.....pend-85863
djino
It's amazing how those details surfaced ("on page 12"). lol
I am personally looking forward to this card, and hope it's coming sooner rather than later
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