Quick overview of the Canadian Tire Triangle® Mastercard®
The Canadian Tire Triangle® Mastercard® lets fans of Canadian Tire, Sport Chek, Party City, Mark’s, Atmosphere, Sports Experts and other brands save big at their favourite stores with up to 4% cash back on eligible purchases. The card also provides savings on fuel at Petro-Canada and Gas+ and cash back on groceries, with No annual fee.
Who can benefit from the Canadian Tire Triangle® Mastercard®?
- Frequent Canadian Tire shoppers who want to earn 4% back in Canadian Tire Money on purchases at Canadian Tire, Sport Chek, Mark's/L'Équipeur, Atmosphere, Party City and other partner stores
- Canadians who frequently purchase gasoline and are looking to save 5¢ back per litre at Canadian Tire Gas+ and Essence+ locations
- Grocery shoppers who can earn up to 1.5% back at grocery stores (up to $12,000 per year)
- Budget-conscious consumers who appreciate a credit card with no annual fee
- Shoppers seeking financing options who can benefit from no-fee, no-interest financing on qualifying purchases of $150 or more at participating stores
- Canadian Tire ecosystem regulars who want to easily redeem rewards dollar-for-dollar at any participating store
Pros and cons
- No annual fee
- Up to 4% cash back on purchases
- 5¢ back per litre of fuel at select gas partners
- Rewards are geared towards Canadian Tire brands
- Existing customers note lackluster customer service support
- Limited insurance coverage
Canadian Tire Triangle® Mastercard® welcome bonus
- This credit card does not currently offer a welcome bonus for new accounts.
How to earn CT Money with this Canadian Tire Mastercard
The Canadian Tire Triangle® Mastercard® earns an impressive up to 4% cash back on purchases:
- Earn 4% cash back in Canadian Tire Money (CT Money) at Canadian Tire, Sport Chek, Party City, Pro Hockey Life and more
- Earn 1.5% cash back at grocery stores (up to $12,000 per year)
- Earn 0.5% back everywhere else you shop
-
Save 5¢ per litre backevery time you fill up at Gas+ and Petro-Canada locations
As mentioned, the rewards with the card are generous if you stay within the Triangle Rewards ecosystem. You’ll earn 4% back on purchases with nearly a dozen retailers under the Canadian Tire umbrella, which offer outdoor, hockey and clothing options.
The grocery category is equally rewarding, but there’s a limit to the fun. You’ll only earn 1.5% back at grocery stores (up to $12,000 per year), which totals $1,000 per month. That cap will suit single cardholders, but families may quickly exceed that limit, so consider your average supermarket spending before applying.
Not every grocery store qualifies, either. Larger box stores such as Costco and Walmart don’t qualify for the 1.5% cash back on groceries. But if you shop at Loblaws, you’re fine.
How to redeem rewards
The Canadian Tire Triangle® Mastercard® earns cash-back rewards through Canadian Tire Money®, the currency of Canadian Tire Triangle Rewards. The language may be confusing, but the math works out just fine: 1% back in Canadian Tire Money equals 1 cent redeemable at Canadian Tire.
When your Canadian Tire Money account reaches $1 in rewards, you’ll have $1 to spend in-store. And redeeming Canadian Tire Money is simple. You can use your balance at the checkout counter of any Canadian Tire brand location.
When shopping in-store, cardholders can redeem their rewards simply by:
- 1 Bringing the Triangle Rewards card, key fob, or having the Triangle App open and ready to scan
- 2 At checkout, informing the cashier of the intention to redeem CT Money
- 3 Specifying the amount of CT Money to be applied to the purchase
- 4 The specified amount that will be deducted from the total purchase price
Redeeming CT Money for online purchases requires a few specific steps:
- 1 Sign in with a Triangle ID (for non-credit card holders) or enter the Triangle credit card number during checkout
- 2 The available CT Money balance will be displayed during the checkout process
- 3 Select the desired amount to redeem toward the purchase
- 4 Complete the transaction
CT Money cannot be redeemed for shipping and handling costs. Additionally, tires and wheel purchases are currently excluded from CT Money redemption.
Key benefits of the Canadian Tire Triangle® Mastercard®
$0 annual fee: One significant advantage of this card is that there’s No annual fee. While no annual fee credit cards are not uncommon in Canada, they are less common than in the United States.
Easily the most enjoyable benefit of the Canadian Tire Triangle® Mastercard® is the ability to earn cash back rewards without an annual fee. You’ll earn up to 4% back with Canadian Tire brands and 5 cents back at Gas+ and Petro-Canada, two very brand-loyal categories. Fortunately, the rewards extend beyond the Canadian Tire network, with 1.5% back at grocery stores (up to $12,000 per year). And while the grocery category doesn’t include Walmart or Costco, it does include many of the biggest names like Metro, Safeway, IGA, Sobeys, Loblaws and more.
The card also makes redeeming cash back a breeze. There are no confusing award options but rather a straightforward currency you can use at the counter to pay for purchases with any of the Canadian Tire brands.
Canadian Tire Triangle® Mastercard® insurance coverage
One of the biggest drawbacks of Canadian Tire Bank credit cards is the lack of insurance coverage. The cards provide minimal protection beyond the absolute essentials:
| Insurance | Coverage amount |
|---|---|
| Extended warranty | 1 year |
| Purchase protection | 90 days |
If you travel frequently or plan on renting a car while on vacation using your Canadian Tire Bank credit card, look elsewhere. But you'll barely notice if you want a no annual fee credit card that gives you accelerated cash back – and can do without the travel accident or mobile phone coverage.
Extra benefits of the Canadian Tire Triangle® Mastercard®
Another interesting feature is 0% promotional financing. Cardholders can opt for no fee, no interest financing for 24 months on purchases of $150 or more at participating Canadian Tire partner brands. This benefit allows you to make a significant purchase at any of the 10+ brands that make up the Canadian Tire family and then pay that charge down in 24 equal monthly payments with no additional financing charges.
Here's an example of potential equal 24 monthly payments:
- $150 purchase: Monthly payment of $6.25
- $250 purchase: Monthly payment of $10.42
- $350 purchase: Monthly payment of $14.59
- $450 purchase: Monthly payment of $18.75
- Weekly personalized offers: Up to 25x every week on the things you need and love across your favourite stores*
- No receipt returns: Easily make returns without a receipt at participating stores
- Triangle App access (available in the Apple App Store and Google Play stores)
- Lock your card with Card Hold should your card get stolen or misplaced
The most obvious comparison for the Canadian Tire Triangle® Mastercard® is its bigger sibling, the Canadian Tire Triangle® World Elite® Mastercard®. That card also charges no annual fee but provides much more lucrative rewards on the lower-end bonus categories, but the same rewards at Canadian Tire brands. Additionally, World Elite® cardholders can earn even more back per litre of fuel in Canadian Tire Money®.
So how do the two cards differ? The Triangle® Mastercard® targets applicants with good credit scores and a lower income. In contrast, the Canadian Tire Triangle® World Elite® Mastercard® is geared towards applicants with higher income levels and an excellent credit score.
$0
First Year Value
$0
Annual Value
Get this card if you...
-
are a high earner, who frequently shops at Canadian Tire stores
-
want to earn rewards without paying an annual fee
-
value roadside assistance and rental car insurance
Annual Fee & Annual Interest Rates
$0
Annual Fee
21.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Our Take
The Canadian Tire Triangle® World Elite® Mastercard® is a premium, no-annual-fee credit card designed for frequent shoppers at Canadian Tire and affiliated stores, offering elevated earn rates on purchases at these retailers. Cardholders benefit from perks such as 24/7 concierge services, roadside assistance and car rental insurance.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
Flexible rewards program
-
Comes with concierge services
Cons
-
High income requirements
-
Low earn rate for non-Triangle store purchases
-
$12k earning cap on grocery category
Annual Interest Rates
21.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$4
Cash Advance
$25
Return Penalty
Rewards Triangle Rewards
4%
back in CT Money on almost everything at Canadian Tire, Sport Chek, Mark's and more
3%
back in CT Money at grocery stores (on the first $12,000 per year; excludes Costco and Walmart)
1%
CT Money everywhere else you shop
Insurance Benefits
$65,000
Rental car insurance amount
Our Take
The Canadian Tire Triangle® World Elite® Mastercard® is a premium, no-annual-fee credit card designed for frequent shoppers at Canadian Tire and affiliated stores, offering elevated earn rates on purchases at these retailers. Cardholders benefit from perks such as 24/7 concierge services, roadside assistance and car rental insurance.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
Flexible rewards program
-
Comes with concierge services
Cons
-
High income requirements
-
Low earn rate for non-Triangle store purchases
-
$12k earning cap on grocery category
Annual Interest Rates
21.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
$4
Cash Advance
$25
Return Penalty
Rewards Triangle Rewards
4%
back in CT Money on almost everything at Canadian Tire, Sport Chek, Mark's and more
3%
back in CT Money at grocery stores (on the first $12,000 per year; excludes Costco and Walmart)
1%
CT Money everywhere else you shop
Insurance Benefits
$65,000
Rental car insurance amount
The MBNA Smart Cash Platinum Plus Mastercard is another popular $0 annual fee card option. The card earns 2% cash back on gas and groceries (with a $500 per month spend cap) and 0.5% back on all other purchases. Additionally, the MBNA credit card offers promotional financing of up to 18 months (vs. 24 months with the Canadian Tire card) on purchases of $100 or more.
Disclosures:
- ‡, ††, ✪, Terms and Conditions apply.
- This offer is not available for residents of Quebec. For residents of Quebec, please click here.
- Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
- The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.
5% cash back
Welcome Bonus
$393
First Year Value
$243
Annual Value
Welcome Bonus: Earn 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500).
Get this card if you...
-
want to earn cash back on gas and groceries
-
value a no-annual-fee card that still offers strong rewards
-
want a flexible rewards program
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
Our Take
The MBNA Smart Cash Platinum Plus® Mastercard® is a no-annual-fee credit card that offers cash back on everyday purchases, with elevated rates for gas and groceries. Cardholders also benefit from features such as purchase assurance and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
Pros
-
Generous Welcome Bonus to earn accelerated rewards during the initial six months of account opening
-
No annual fee
-
Ongoing cash back rewards after the welcome bonus - up to 2% cash back on eligible purchases
-
Car rental discounts
-
MBNA Payment Plan: Flexible payment options for purchases over $100, which is a nice perk for budget management.
-
Purchase assurance and extended warranty
Cons
-
Monthly spend cap on the welcome bonus rewards earn rate
-
Limited reward categories
-
Potential fees for payment plan
-
No travel rewards or premium perks
Annual Interest Rates
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
2%
Cash Back‡ on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500)
0.5%
Get 0.5% Cash Back‡ for all other eligible purchases
Insurance Benefits
$200,000
Rental car insurance amount
Earn 5% Cash Back on eligible gas and groceries purchases for the first 6 months†† ($500 monthly spend cap).
Our Take
The MBNA Smart Cash Platinum Plus® Mastercard® is a no-annual-fee credit card that offers cash back on everyday purchases, with elevated rates for gas and groceries. Cardholders also benefit from features such as purchase assurance and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
Pros
-
Generous Welcome Bonus to earn accelerated rewards during the initial six months of account opening
-
No annual fee
-
Ongoing cash back rewards after the welcome bonus - up to 2% cash back on eligible purchases
-
Car rental discounts
-
MBNA Payment Plan: Flexible payment options for purchases over $100, which is a nice perk for budget management.
-
Purchase assurance and extended warranty
Cons
-
Monthly spend cap on the welcome bonus rewards earn rate
-
Limited reward categories
-
Potential fees for payment plan
-
No travel rewards or premium perks
Annual Interest Rates
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
Rewards cash back
2%
Cash Back‡ on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500)
0.5%
Get 0.5% Cash Back‡ for all other eligible purchases
Insurance Benefits
$200,000
Rental car insurance amount
Earn 5% Cash Back on eligible gas and groceries purchases for the first 6 months†† ($500 monthly spend cap).
The Tangerine Money-Back Card is one of the most popular no annual fee credit cards in Canada. The Tangerine Card earns an unlimited 2% back on two spending categories of your choice, with eligible options including gas, groceries, recurring bills, drugstores, public transit and more. That unlimited cash back is in sharp contrast to the Canadian Tire Card, which caps grocery rewards.
Disclosures:
- Terms and conditions apply
10% cash back
Welcome Bonus
$484
First Year Value
$384
Annual Value
Welcome Bonus: Earn 10% cash back for 2 months† (up to $100). Expires Aug 31, 2025
Get this card if you...
-
want flexible cash back categories
-
want unlimited cash back
-
want to avoid paying an annual fee
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Earn 10% cash back for 2 months† (up to $100).
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
2.50%
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Earn 10% cash back for 2 months† (up to $100).
The card receives mixed reactions from cardholders. The biggest positives were for the ease of applying and availability to applicants with average credit scores. Reddit user AirSubstantial2855 noted that “it’s a great card and easy to get.”
The biggest downside with the card is Canadian Tire customer service according to reviews. One reviewer, named Brooker, had the following to say about the customer support:
Other criticisms of the card include low credit limits for some users and aggressive sales tactics from Canadian Tire Bank.
Waiting on hold for customer service for over an hour is one thing. But then they got horrible elevator music playing as loud as possible, won’t do callbacks, and had a lady saying “Our representatives are busy, continue to hold” an unnecessary once every 30 seconds. With over an hour of waiting I’m ready to blow my brains out. Super annoying to deal with overall.
Is the Canadian Tire Triangle® Mastercard® worth it?
The Canadian Tire Triangle® Mastercard® offers a decent range of benefits that make it worth considering for a somewhat niche audience. With No annual fee, cardholders can earn Canadian Tire Money on their everyday purchases which can then be redeemed at more than 10 different Canadian Tire brands. Additionally, the card provides access to exclusive offers and discounts, making it a valuable tool for Canadian Tire shoppers. Of course, if that doesn’t sound like you there are plenty of other appealing no annual fee credit cards offers out there.
Eligibility requirements
Applying for the Canadian Tire Triangle Mastercard is simple. Applicants must be a Canadian resident, have Good credit and be of the age of majority in your province. There are no income requirements when applying.
