What's the difference between transaction categories and my 2 percent Money-Back Reward Categories?

Transaction categories are there to help you manage your money. Transactions in your Account(s) are categorized based on how Tangerine identifies the type of transaction and using any customized categorization information you've provided. These transaction categories are unrelated to the 2% Money-Back Categories.

Your 2% Money-Back Categories are the ones you choose for your 2% cash back transactions. These Categories are based on eligible Merchant Category Codes (MCC) or transaction type. The MCCs are established by the merchant using generally accepted payment logic and industry standards. You can find the list of qualifying MCCs in our Tangerine Money-Back Rewards Program Terms & Conditions.

Note: Changing the Transaction category won't change the Money-Back Category, which is determined based on the merchant’s setup.