The Canadian Tire Triangle World Elite Mastercard has a collection of unique features. With no annual fee, it may appeal to a variety of people as a long-term keeper card.
This card may be of interest to outdoor enthusiasts and handymen, road trippers and commuters, or anyone with bill payments to payees that don’t normally accept credit cards.
Bonuses & Fees
New cardholders can earn 15% cash back equivalent on their first purchase at participating retailers, up to a maximum of $50 value.
Sometimes you may also find a $25 incentive for applying in store.
The card has no annual fee.
The card earns Canadian Tire Money, also known as Triangle Rewards:
- Earn 4% back at Canadian Tire brands
- Earn 3% back on groceries, up to $12,000 spent per calendar year
- Earn 5 cents per litre at Canadian Tire Gas and Husky
- Earn 1% back on all other purchases
Canadian Tire brands include a variety of retailers, with an emphasis on sports and outdoors. Here are a few of their major partners:
- Canadian Tire
- Mark’s Work Wearhouse
- Hockey Experts
Canadian Tire Money can be redeemed for purchases at Canadian Tire brands, including the stores mentioned above. If you shop at those stores, your rewards are effectively the same as cash back.
Rewards expire after 18 months of inactivity, but you don’t have to remain a cardholder to keep your account active. If you ever decide to close the credit card, you can still earn Canadian Tire Money by scanning your Triangle membership card when you make a purchase at a partner store.
Perks & Benefits
Canadian Tire’s credit cards have a unique feature where you can make bill payments from your credit card to select payees. These payments can be set up by finding the biller in the Canadian Tire online banking login, rather than by providing the biller with your credit card number. This may allow you to pay bills with a credit card for certain billers that don’t accept regular credit card payments.
The Triangle World Elite Mastercard comes with a complementary Roadside Assistance Gold Plan membership. It includes 24-hour assistance, towing to the destination of your choice within 250 kilometres in Canada and the US, and services such as fuel delivery, flat tire changes, and jumpstarting your battery. This is superior to the roadside assistance benefits on other cards, which often stipulate that they’ll only tow you to the nearest service centre, not to your preferred location.
Finally, the card offers zero-interest financing on purchases at Canadian Tire brands.
The card has no notable travel insurance coverage, just standard coverage for rental car damage, extended warranty, and purchase protection.