Current 10% and Above Cash Back Offers for April 2023 – Pointshogger

May 2023

Tangerine Money-Back Credit Card

• No annual fee
• Earn 10% cash back on the first $1,000 in spending on all purchases or up to 2 months (apply before May 2, 2023)
• Earn 2% cash back on choice of 2 categories (3rd choice if you deposit the cash back into your Tangerine Savings Account)
• Earn 0.5% cash back on all other purchases

Tangerine recently ended their last offer on January 31, 2023. Now they have a reduced offer.

Cardholders can earn up to $100 (10% x $1,000) in cash back on the 10% cash back. By subtracting the 2% (2% x $1,000 = $20) cash back they otherwise would have earned, and with no annual fee, that comes out to $80 ($100 – $20) in bonus cash back in the first year.

Tangerine World MasterCard

• No annual fee
• Earn 10% cash back on the first $1,000 in spending on all purchases or up to 2 months (apply before May 2, 2023)
• Earn 2% cash back on choice of 2 categories (3rd choice if you deposit the cash back into your Tangerine Savings Account)
• Earn 0.5% cash back on all other purchases

Tangerine recently ended their last offer on January 31, 2023. Now they have a reduced offer.

Cardholders can earn up to $100 (10% x $1,000) in cash back on the 10% cash back. By subtracting the 2% (2% x $1,000 = $20) cash back they otherwise would have earned, and with no annual fee, that comes out to $80 ($100 – $20) in bonus cash back in the first year.

TD Cash Back Visa Infinite Card

• $120 annual fee (first year fee waived if you apply before May 28, 2023)
• $50 annual fee for supplementary cardholders
• Earn 10% cash back on all purchases (for the first 3 months, up to $2,000 in spending or $200 in cash back) (apply before May 28, 2023)
• Earn 3% cash back on gas, grocery and recurring bill payments thereafter (on first $15,000 in annual spending per category, including the 3 month bonus promotion)
• Earn 1% cash back on all other purchases
• Have at least $60,000 in personal annual income or $100,000 in annual household income

Cardholders can earn up to $200 (10% x $2,000) in cash back on the 10% cash back. By factoring in the annual fee waiver and let’s say they maximise the 3% multiplier bonus (3% x $2,000 = $60), they would earn $140 ($200 – $60) in bonus cash back in the first year

HSBC Cash Rewards MasterCard® (non-QC residents only)*

• No annual fee
• Earn an additional 12.5% cash back on all purchases for the first 180 days (up to $1,000 in total purchases) (apply by May 31, 2023) 
  • Earn up to 14% cash back on eligible online purchases
  • Earn up to 13.5% cash back on eligible gas, grocery and drugstore
  • Earn up to 13% cash back on all other everyday purchases
• Ongoing cash back earnings after the first 180 days:
  • 1.5% cash back on up to $6,000 of online purchases (including streaming services, online subscriptions and food delivery)
  • 1% cash back on gas, grocery and drugstore purchases.
  • 0.5% cash back on (almost) everything else
• *Terms and Conditions apply
• ®/TM Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to license.

If the cardholder earns an additional 12.5% bonus cash back on the first $1,000 of spending and no annual fee, they would earn $125 (12.5% x $1,000) of bonus cash back in the first year.