Triangle Mastercard
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The Triangle Mastercard® from Canadian Tire is a no-annual-fee card that allows you to earn Canadian Tire Money on every purchase. You get 4% back on purchases at Canadian Tire and partner stores, 5¢ per litre at Gas+ locations, 1.5% at grocery stores (excluding Costco and Walmart), and 0.5% everywhere else.
Welcome Offer
No specific welcome offer is detailed.
Summary
- Annual Fee: None
- Interest Rates: 21.99% on purchases and cash advances
Rewards
- 4% CT Money: Canadian Tire and partner stores
- 5¢/litre CT Money: Gas+ locations
- 1.5% CT Money: Grocery stores
- 0.5% CT Money: Everywhere else
Benefits
- Exclusive offers and bonus events
- No fee, no interest financing on purchases over $150 at participating stores
Insurance
- Purchase security
- Extended warranty
- Car rental collision/loss damage waiver
Editor’s Review
Triangle® Mastercard® Review
Overview
The Triangle® Mastercard® from Canadian Tire is designed for shoppers who frequently visit Canadian Tire and its partner stores. With no annual fee, it offers solid rewards on purchases at specific stores and other categories.
Key Features
- Interest Rates: 21.99% on purchases, 22.99% on cash advances
- Rewards:
- 4% in CT Money® on purchases at Canadian Tire, Sport Chek, and partner stores
- 5¢ per litre back in CT Money at Gas+ locations
- 1.5% in CT Money on groceries (excluding Costco and Walmart)
- 0.5% in CT Money on all other purchases
- Fees: No annual fee
- Benefits:
- No fee, no interest financing on purchases over $150 at participating retailers
- Exclusive offers and bonus rewards during promotional events
- Access to Triangle™ Rewards Program for easy earning and redeeming of CT Money
Pros and Cons
Pros:
- No annual fee
- High rewards rates at Canadian Tire and partner stores
- Financing options with no interest or fees
Cons:
- Limited grocery rewards (excluding Costco and Walmart)
- High interest rates
Who is this card for?
This card is ideal for frequent shoppers at Canadian Tire and its partner stores, those who regularly buy gas at Gas+ locations, and consumers looking for a no-fee card with financing options for larger purchases.
Comparison Table
| Feature | Triangle® Mastercard | Competitor Card 1 | Competitor Card 2 |
|---|---|---|---|
| Annual Fee | $0 | $0 | $99 |
| Interest Rate | 21.99% | 19.99% | 20.99% |
| Rewards on Canadian Tire | 4% | 3% | 2% |
| Rewards on Gas | 5¢/litre | 1.5% | 3% |
| Rewards on Groceries | 1.5% | 1% | 2% |
| Other Purchases | 0.5% | 1% | 1.5% |
| Introductory Offer | None | $200 cash bonus (conditions apply) | 50,000 points (conditions apply) |
Final Verdict
The Triangle® Mastercard® stands out for its no-fee structure and robust rewards program tailored for Canadian Tire and its partner stores. The card’s unique financing option for large purchases makes it appealing for those planning significant expenditures. However, the limited grocery rewards and high-interest rates may be drawbacks for some users. Overall, this card scores a 7.2 out of 10 for its specific benefits and practicality for Canadian Tire shoppers, making it a valuable option for frequent customers.
Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.
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