For this month, Tangerine dropped their 15% cash back off that expired last month down to 10%, which expires this month.
Keep in mind that we still have the Top Cash Back Credit Cards page, which includes permanent and temporary offers if you wish to see a more complete list of cards, not just cards that offer at least 10% cash back.
See also: Top No Annual Fee Credit Cards
The most frequently asked question that I get when talking to people is: “What is the best credit card?” This is a very subjective question where the answer varies depending on the person’s priorities.
At the beginning of the month, we predicted that the cash back market is going to heat up this year. So I am expecting to be very busy with updating this monthly post this year. To start the year off, the two Tangerine 15% cash back offers end this month, while Scotiabank has added its Momentum card to the list.
It has been just over a year since our last update (December 1, 2020) of the rankings list. The timing works well to update again this month, since we are coming to the end of the year. Now we get a snapshot of 2021, as we head into 2022.
There was only one change to this month’s list. Tangerine had their two 15% cash back offers extended to the end of January.
Keep in mind that we still have the Top Cash Back Credit Cards page, which includes permanent and temporary offers if you wish to see a more complete list of cards, not just cards that offer at least 10% cash back.
Note that we have split up the list into temporary (limited time) and permanent offers (indefinite, but can end any time without notice).
This is the last month for the record high 15% cash back offer with Tangerine’s 2 cards: Tangerine Money-Back Credit Card and Tangerine World MasterCard. Now the 10% cash back offers with Scotiabank and BMO seem less significant, but they are also expiring this month as well.
Keep in mind that we still have the Top Cash Back Credit Cards page, which includes permanent and temporary offers if you wish to see a more complete list of cards, not just cards that offer at least 10% cash back.
With the travel industry still not back at full force, it seems like any company that has been offering cash back rewards have really cranked things up, highlighted by Tangerine’s super high 15% cash back sign up bonus.
Shift to flexible points redemption rates
Tangerine has decided to up its game even further is a 15% cash back offer with its 2 cards: Tangerine Money-Back Credit Card and Tangerine World MasterCard. This is definitely the highest promotion we have ever seen.
This 10% cash back monthly post is being published 1 day earlier than normal because both the Tangerine Money-Back Credit Card and Tangerine World MasterCard have an offer that expires today. So we wanted to give everyone one last reminder to apply for it if you are thinking about it. Meanwhile, the Scotia Momentum Visa Infinite Card offer that expired last month has been extended.
Today is the second last day to apply for one of the two Tangerine cards (Tangerine Money-Back Credit Card, Tangerine World MasterCard) to benefit from the 10% cash back bonus. The Scotia Momentum Visa Infinite Card offer is also coming to an end this month if you have been thinking about it.