Daniela Hanna
The Triangle World Elite Mastercard® from :contentReference[oaicite:1]{index=1} is a premium cash-back card tailored to the Triangle ecosystem. It combines elevated earn rates on gas, eligible store purchases and everyday spend, with the perks of a World Elite Mastercard at a competitive annual fee.
Quick highlights
- ⛽ 4% Triangle® Rewards on gas, electric vehicle charging and Canadian Tire purchases.
- 🛒 2% Triangle Rewards on groceries, dining and, streaming (in Canada).
- 💳 1% Triangle Rewards on all other purchases.
- 📅 Annual fee: $120 — premium tier with enhanced benefits.
Why we like the Triangle World Elite Mastercard®
If you regularly spend at Canadian Tire, on gas, or electric-vehicle charging — or simply want a premium cash-back card that rewards your everyday Canadian-based purchases — this World Elite card delivers strong value. You’re earning higher rewards where many Canadians spend most.
Stand-out features
- ✅ 4% Triangle Rewards on eligible gas, EV charging and Canadian Tire purchases.
- ✅ 2% rewards on groceries, dining and streaming in Canada.
- ✅ World Elite Mastercard privileges: concierge access, premium support, travel/airport benefits.
- ✅ Compensation via Triangle Rewards — flexible redemption across Canadian Tire network.
Good to know
- ⚠️ $120 annual fee means you’ll need to spend enough to offset it.
- ⚠️ Foreign transaction fee is 2.5% for purchases outside Canada.
- ⚠️ To get full value, many redemptions occur within the Canadian Tire / Triangle ecosystem.
Pros
- High 4% earn rate on key categories.
- Premium card perks (World Elite Mastercard branded).
- Flexibility to redeem Triangle Rewards across Canadian Tire, Sport Chek, Mark’s, PartSource, etc.
- No foreign-currency annual fee besides the FX rate — good for domestic spenders.
- Strong value for Canadians who spend heavily in the highlighted categories.
Cons
- $120 annual fee — must be justified by spending to net value.
- 2.5% foreign transaction fee for non-CAD purchases.
- Less advantageous if you spend little at Canadian Tire or gas/EV charging.
Rewards program
- ⛽ 4% Triangle Rewards on eligible gas & EV charging at participating Canadian Tire locations, and eligible Canadian Tire purchases.
- 🛒 2% Triangle Rewards on groceries, dining and streaming services (in Canada).
- 💳 1% Triangle Rewards on all other eligible purchases.
How to maximize rewards
- Charge your gas, EV-charging and Canadian Tire purchases to this card to capture the 4% rate.
- Use the card for grocery, dining and streaming spend to earn the 2% tier.
- Use other cards abroad or for non-CAD purchases to avoid the 2.5% foreign transaction fee.
- Redeem your Triangle Rewards strategically — using them for high-value purchases within the Canadian Tire ecosystem improves value.
Insurance & benefits
Included
- 🛍️ Purchase Protection — against theft or damage for a limited period on eligible items.
- 🕒 Extended Warranty — doubles the manufacturer’s warranty up to a specified period.
- 🧳 Travel/concierge benefits — as part of World Elite Mastercard privileges.
Not included
- ❌ Foreign-currency transaction fee still applies.
- ❌ Some premium travel-insurances may not match ultra-premium cards.
- ❌ Value depends heavily on redemption choices within the ecosystem.
Rates & fees
| Annual fee | $120 |
|---|---|
| Purchase APR | 20.99%* |
| Cash advance APR | 22.99%* |
| Foreign transaction fee | 2.5% |
| Grace period | 21 days on new purchases |
*Rates as published by Canadian Tire at time of review; verify current terms before applying.
Best for
- 🚗 Canadians who spend heavily at Canadian Tire family stores or on gas/EV charging.
- 💳 People looking for premium card benefits with strong domestic rewards.
- 🛠️ Hardware, tools, auto, home-improvement enthusiasts who shop within the ecosystem.
Where it falls short
- Annual fee is high — requires meaningful spend at the card’s top categories to offset.
- 2.5% FX fee makes it less ideal for heavy international or non-CAD spend.
- Best value requires redemption within the Canadian Tire / Triangle ecosystem.
Customer reviews
Positive feedback
“The 4% on gas and Canadian Tire purchases makes this card worth it for me.”
“Love the bonus earn on EV charging as well.”
Critiques
“$120 fee is high — need to use the categories a lot to make it work.”
“Would like a lower FX fee for travel outside Canada.”
Community insights
Among Canadian personal-finance forums, this card is often cited as a top pick for Canadian Tire loyalists and high daily spenders in the domestic market. Many users pair it with a no-fee travel card to cover abroad spending.
AI review (straight talk)
If your spending aligns with the 4% reward categories and you regularly shop at or near the Canadian Tire ecosystem, this card can deliver excellent value. But if your spend is more varied — especially outside Canada — you’ll need to compare carefully to ensure the $120 fee is justified.
Alternatives & comparison
| Card | Annual Fee | Top Categories | Other Purchases | Key Perks | Best For |
|---|---|---|---|---|---|
| Triangle World Elite Mastercard® | $120 | 4% gas/EV/Canadian Tire | 1% on others | World Elite perks; Triangle rewards | Canadian Tire spenders |
| Tangerine Money-Back Credit Card | $0 | 2% custom categories | 0.5% | Flexible category selection | Everyday cash-back |
| SimplyCash® Card from American Express | $0 | 2% gas & grocery | 1.25% | Amex Offers | No-fee cash-back |
| Scotiabank Gold American Express® Card | $120 | 5x points groceries & restaurants | 1x | Travel-friendly perks | Frequent travellers |
FAQ
What is the annual fee?
The Triangle World Elite Mastercard® has an annual fee of $120.
What are the earn rates?
You earn 4% Triangle Rewards on gas, EV charging and purchases at Canadian Tire; 2% on groceries, dining and streaming; and 1% on other purchases.
Are there foreign transaction fees?
Yes — there is a 2.5% foreign-currency conversion fee for purchases made in currencies other than CAD.
Does it include premium benefits?
Yes — as a World Elite Mastercard, it includes enhanced benefits like concierge and travel privileges, though you should review the full terms to understand all details.
Final verdict & ratings
Our take For Canadians who spend heavily at Canadian Tire, on gas or EV charging and domestic purchases, the Triangle World Elite Mastercard® offers top-tier cash back and premium benefits — provided you can make the $120 annual fee worthwhile.
| Overall | ★★★★☆ 4.1 / 5 |
|---|---|
| Rewards value | 4.3 / 5 — excellent in key categories |
| Benefits & protections | 4.0 / 5 — strong for domestic perks |
| Fees & costs | 3.8 / 5 — $120 annual fee but high potential value |
| Ease of approval | 4.2 / 5 — accessible for many qualified Canadians |
