RBC Cash Back Mastercard vs Tangerine Money-Back Mastercard

At a glance

At a glance for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
Regular annual fee	$0	$0
Rewards programValues differ	Cash Back	Money-Back Rewards
Purchase APRValues differ	21.99%	20.95%

Value

Based on typical spending of $2,000/month, after annual fees. Net annual rewards exclude welcome bonuses.

Value for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
First-year valueValues differ	$323.8	$346
Net annual rewardsValues differ	$223.8	$246
Your input	Needs your input	Needs your input
First-year bonus value	$100	$100

Complete estimates

Shared inputs update only cards that use the same existing assumption. Card-specific qualifications remain separate.

Edit calculation assumptions

RBC Cash Back Mastercard — annual assumptions also apply to the other annual estimates

Annual estimate assumptions for RBC Cash Back Mastercard

Ongoing rewards use one complete reward/reset cycle with an even spending mix. Year 1, when available, uses the separate offer qualifications below; this does not estimate year-to-date or remaining allowance. Blank means unknown; enter 0 for none. Each amount is part of its parent spending.

Current earning schedule applies to transactions posted from October 1, 2026. MCC 5411 groceries; 5541/5542 gas, 5552 EV, 4111 local transit and 4121 taxi/rideshare. Exclude cash advances, interest, fees and adjustments.

Monthly limits reset separately in each calendar month or statement cycle, as specified in the earning rules. Unused allowances do not roll over. This estimate uses the same entered spending in each cycle.

Year 1 uses separate planned eligible purchases and offer qualifications. Annual spending alone does not establish eligibility. Introductory allocations must be disjoint.

New approved primary application receivedOctober1,2026–February2,2027; additional cardholders and existingRBCtransfers excluded. Additional5% on eligible net purchases posted during first6calendar months, cappedCAD2000; add to regular rates, never treat maximumCAD100as guaranteed. Exclude advances/non-preauthorizedbills/cash-liketransactions/interest/fees; returns reverse rewards. Creditwithin4–6weeks afterstatement, accountopen/goodstanding throughfulfilment. Regular annualfee0; no borrowing savings.

Confirm eligible new primary application and posted net purchases within first6calendar months; the incremental5% bonus stops at CAD2000. Account stays open/goodstanding until credit.Planned eligible spend within 6 calendar months · CAD

This explicitly sets this card’s allocations to $0; your category spending still earns the reviewed base rate.

Eligible RBC grocery purchases · CAD/monthMastercard MCC 5411; merchants without this code and separately coded tenants do not qualify. Parent: $500/month; remaining: $500/month.Eligible RBC gas and public EV charging · CAD/monthMCC 5541, 5542 or 5552; allocate each purchase once. Other vehicle expenses remain at 0.5%. Parent: $150/month; remaining: $150/month.Eligible RBC local transit and rideshare · CAD/monthMCC 4111 or 4121; do not include all travel or transportation. Allocate each purchase once. Parent: $80/month; remaining: $80/month.My spending mix is assumed even throughout the full reward cycleThis profile represents all purchases for this candidate account, including relevant additional cardholders

Tangerine Money-Back Mastercard

Annual estimate assumptions for Tangerine Money-Back Mastercard

Ongoing rewards use one complete reward/reset cycle with an even spending mix. Year 1, when available, uses the separate offer qualifications below; this does not estimate year-to-date or remaining allowance. Blank means unknown; enter 0 for none. Each amount is part of its parent spending.

Net purchases exclude advances, cash-like transactions, interest, fees, insurance premiums and adjustments. Merchant MCC/recurring classification controls eligibility; account must remain in good standing. Cash rewards are unavailable until posted; no withdrawals to unrelated accounts.

Selected cashback categories

Select two categories for card-account credit or three for payout to your own eligible Tangerine Savings Account. Selections and destination must remain effective throughout the modeled year. Changes can be subject to the 90-day hold. Use disjoint allocations; foreign and merchant eligibility never stack.

Payout destination Drug stores Eating places E-games Entertainment Fitness and sports clubs Furniture Gas Grocery Home improvements Hotels and motels Public transportation and parking Recurring bill payments Foreign currency purchasesThese selections and this payout destination remain the same throughout the modeled rewards year

Monthly limits reset separately in each calendar month or statement cycle, as specified in the earning rules. Unused allowances do not roll over. This estimate uses the same entered spending in each cycle.

This explicitly sets this card’s allocations to $0; your category spending still earns the reviewed base rate.

Eligible drug stores purchases · CAD/monthIssuer category Drug stores; 5912, 5122. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $40/month; remaining: $40/month.Eligible eating places purchases · CAD/monthIssuer category Eating places; 5812–5814. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $200/month; remaining: $200/month.Eligible e-games purchases · CAD/monthIssuer category E-games; 5816. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $300/month; remaining: $300/month.Eligible entertainment purchases · CAD/monthIssuer category Entertainment; 7941, 7922, 7996, 7991, 7929, 7998, 7832, 7829. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $100/month; remaining: $100/month.Eligible fitness and sports clubs purchases · CAD/monthIssuer category Fitness and sports clubs; 7997, 7032. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $330/month; remaining: $330/month.Eligible furniture purchases · CAD/monthIssuer category Furniture; 5712, 5719, 7641. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $330/month; remaining: $330/month.Eligible gas purchases · CAD/monthIssuer category Gas; 5541/5542; retail automobile fuel. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $150/month; remaining: $150/month.Eligible grocery purchases · CAD/monthIssuer category Grocery; 5411, 5462. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $500/month; remaining: $500/month.Eligible home improvements purchases · CAD/monthIssuer category Home improvements; 5251, 5200, 5261, 5231, 5718, 5713, 5714. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $330/month; remaining: $330/month.Eligible hotels and motels purchases · CAD/monthIssuer category Hotels and motels; 7011, 3500–3828. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $100/month; remaining: $100/month.Eligible public transportation and parking purchases · CAD/monthIssuer category Public transportation and parking; 7523, 4111, 7524, 4121, 4784. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $80/month; remaining: $80/month.Eligible recurring bill payments purchases · CAD/monthIssuer category Recurring bill payments; Merchant-classified automatic recurring billing. Allocate each eligible purchase once. Purchases allocated to a foreign-currency scope must not also be allocated here; if both categories are selected the rate is 2%, not additive. Parent: $200/month; remaining: $200/month.Foreign-currency groceries purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $500/month; remaining: $500/month.Foreign-currency dining purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $200/month; remaining: $200/month.Foreign-currency gas purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $150/month; remaining: $150/month.Foreign-currency transit purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $80/month; remaining: $80/month.Foreign-currency travel purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $100/month; remaining: $100/month.Foreign-currency recurring bills purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $200/month; remaining: $200/month.Foreign-currency entertainment purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $100/month; remaining: $100/month.Foreign-currency drugstore purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $40/month; remaining: $40/month.Foreign-currency online shopping purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $300/month; remaining: $300/month.Foreign-currency other purchases · CAD/monthNet purchases posted as foreign currency, expressed in converted CAD excluding fees. Exclude merchant dynamic conversion to CAD. Allocate foreign purchases here only once; remove them from any merchant-category allocation. Foreign conversion fees and FX savings are not rewards. Parent: $330/month; remaining: $330/month.

Needs your input. Unknown answers remain unknown; update the relevant fields above.

Rewards

Rewards for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
How you earnValues differ	2% cash back on eligible groceries 1% on eligible gas, EV charging, local transit and rideshare 0.5% on other eligible net purchases. All three ongoing rates are uncapped	2% cash back in two chosen categories, or three with rewards deposited to a Tangerine Savings Account 0.5% cash back on all other purchases
Base / other eligible purchases	0.5% cash back	0.5% cash back
Reward conditions	View reward conditions 2% cash back on eligible groceries; 1% on eligible gas, EV charging, local transit and rideshare; 0.5% on other eligible net purchases. All three ongoing rates are uncapped. Eligible purchase scopes, shared limits, qualifying channels or thresholds affect earning. The October 2026 program terms replace the older $6,000 tiered schedule. Annual estimates use the current schedule for a full future cycle, not a blend with historical earning. The product-page January auto-redemption wording conflicts with the dated transition notice. The reviewed notice/program terms govern: $25 phone requests before December 2, 2026; $1 phone/digital requests from that date and no automatic December redemption. Earned credits are valued at CAD face amount, not predicted payout cashflow. Partner points, fuel discounts, introductory extra cashback, transaction-level rounding and historical-rate returns are excluded. Current earning schedule applies to transactions posted from October 1, 2026. MCC 5411 groceries; 5541/5542 gas, 5552 EV, 4111 local transit and 4121 taxi/rideshare. Exclude cash advances, interest, fees and adjustments. Current earning schedule applies to transactions posted from October 1, 2026. MCC 5411 groceries; 5541/5542 gas, 5552 EV, 4111 local transit and 4121 taxi/rideshare. Exclude cash advances, interest, fees and adjustments. Before December 2, 2026: phone credit requests with at least $25, subject to account standing. From December 2, 2026: $1 minimum by phone or digital banking; December auto-redemption ends. Smaller balances can accumulate; annual earned value does not guarantee an annual payout. Complete card reward details	View reward conditions 2% cash back in two chosen categories, or three with rewards deposited to a Tangerine Savings Account; 0.5% elsewhere. Eligible purchase scopes, shared limits, qualifying channels or thresholds affect earning. Category selections may be changed every 90 days. Earning depends on network merchant categories; savings-account deposit is required for the third category. Net purchases exclude advances, cash-like transactions, interest, fees, insurance premiums and adjustments. Merchant MCC/recurring classification controls eligibility; account must remain in good standing. Cash rewards are unavailable until posted; no withdrawals to unrelated accounts. Monthly on/about billing date or next business day. Card credit does not satisfy minimum payment. Account standing and return adjustments apply. Complete card reward details

Fees

Fees for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
Regular annual fee	$0	$0
Supplementary-card fee	$0	—
Purchase APRValues differ	21.99%	20.95%
Cash advance APRValues differ	22.99%	22.95%

Insurance & benefits

Insurance & benefits for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
Insurance	Purchase security$50,000 Extended warrantyIncluded	Not listed — check the issuer
Other benefits	—	—

Sources

Sources for the selected cards, in selected order.
Fact	RBC Cash Back Mastercard	Tangerine Money-Back Mastercard
Last verifiedValues differ	Last verified: October 9, 2026	Last verified: October 10, 2026
Official sources	Official issuer product page (opens new tab)	Official issuer product page (opens new tab)

RBC Cash Back Mastercard vs. Tangerine Money-Back Mastercard