Triangle Mastercard Review
Canadian Tire is offering a lucrative and unique welcome offer to new cardmembers :Get 15% back in CT Money* when you make your first purchase at any of their participating retailers1 and activate your new Triangle Mastercard.
Collect 4% in CT Money
Redeem your CT Money
Collect 5c per litre
in CT Money at Gas+ and participating Husky stations, every time you fill up
Our experts have compiled a list of the best cards in Canada in each major category, from cash back and low rate to balance transfers and more. Explore our top picks and find the best credit card for you.
- Priority airport services No
- Airport lounge access No
- Concierge service No
- Balance protection(Optional) No
- Purchase Security & Extended Protection Insurance NO
- Flight delay insurance,Baggage Insurance No
- Vehicle rental insurance No
- Travel accident insurance No
- Travel medical insurance No
- Annual Fee: $0
- Additional Card Fee: $0
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Turn Big Purchases into Small Payments
No fee, no interest financing* on qualifying purchases of $200 or more at participating stores.
Financing available*at Canadian Tire, Sport Chek, Atmosphere, Sports Rousseau, Hockey Expert, L'Entrepot du Hockey and participating Mark's/L'Equipeur, Sports Experts stores
Canadian Tire is one of Canada’s better known brands with over 500 stores from coast to coast. There isn’t much you won’t find at one of Canadian Tire’s stores, they sell household essentials, tools, equipment, electronics, home decor, camp gear and much more. You’ll never be too far from a Canadian Tire store and chances are you’ll find what you need.
If you’re already a Canadian Tire customer, or like the sounds of what they offer, you’ll also like the Triangle Mastercard, Canadian Tire’s entry level credit card.
The Triangle Mastercard has no annual fee, no minimum income requirements and various perks that you can benefit from. Card holders earn 4% Canadian Tire Money back on all purchases at Canadian Tire stores and their affiliates. Sports Check, Atmosphere and Mark’s are affiliates of Canadian Tire where you can exercise your 4% earnings.
There is no limit on how much you can earn on the 4% Canadian Tire money back meaning the earnings are infinite. However, there is one drawback which is that the 4% is only on pre-tax expenditures. You won’t earn cash back on HST or other sales tax you pay.
Card holders also have the opportunity to earn outside of Canadian Tire stores and their affiliates. When you spend anywhere else, you’ll earn 0.8% Canadian Tire money back. Even though this rate isn’t the most optimal on the market, you’ll still be earning more than a basic Triangle Rewards member who earns 0.4% back. Finally, card holders earn 5 cents of Canadian Tire Money per litre of gas purchased whenever they spend at Husky, Gas+ or Essence+.
Another benefit to using any Canadian Tire credit card is access to no fee and no interest financing on qualifying purchases over $200. The amount you spend is repaid over twelve months, in equal installments, when the purchase is between $200 and $499. When the purchase is over $500, you can repay the amount in twenty-four monthly, equal instalments. All of this is possible through Canadian Tire bank.
Out of all the Canadian Tire credit cards, this one has the least amount of perks. However, this is to be expected since it is an entry level card, it has no annual fee and no minimum income requirements. With that in mind, the Triangle Mastercard does offer their card holders the opportunity to earn, even if it is minimal. Furthermore, rewards can only be redeemed at Canadian Tire, Sports Chek, Mark’s and Atmosphere. This isn’t a huge array of options, although, for some it’s enough to satisfy their needs.
All in all, the Triangle Mastercard is a good choice for individuals who shop a lot at Canadian Tire and are looking to gain some earnings while they do it. If you’re looking to save some dollars on your day to day needs, consider the Triangle Mastercard!
Still undecided ? This credit card has few close cousins from Canadian Tire Financial Services family:
†The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. Triangle™ Mastercard®, Triangle™ World Mastercard® and Triangle™ World Elite Mastercard® are issued by Canadian Tire Bank. Rewards are in the form of electronic Canadian Tire Money® (CT Money®). Not all items sold at Canadian Tire, Sport Chek, Atmosphere, Mark’s/L’Equipeur, Party City, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey, and participating Sports Experts are eligible to earn CT Money or to be redeemed for. Available in-store only at Sports Experts, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey. Certain Sports Experts stores or rental shops may not participate. Not available at out-of-store events. Conditions apply. Visit triangle.com for full program rules and Partner location information. The offered rate is exclusive of any bonus or promotional offers or redemption transactions. CT Money is collected on the pre-tax amount of the purchase at Canadian Tire, Sport Chek, Atmosphere, Mark’s and Sports Experts.
?1.5% earn rate applies to the first $12,000 in annual spend at grocery stores with Mastercard merchant code 5411. Excludes purchases at Walmart, Walmart Superstore and Costco. After than, your earn rate will be 0.5%. For examples of qualifying grocery merchants, visit triangle.com/merchants. Annual spend is based on a calendar year of January 1 – December 31, 2020.
1 CT Money is collected on the number of whole litres of fuel purchased when you show your Triangle card, mobile App or key fob and pay with cash or debit. Rate subject to change and could vary by location, see local gas bar for details. Not all Gas+ locations have premium fuel. Must go inside kiosk to collect rewards with App or key fob.
2 3% earn rate applies to the first $12,000 in annual spend at grocery stores with Mastercard merchant code 5411. Excludes purchases at Walmart, Walmart Superstore and Costco. After that, your earn rate will be 1%. For examples of qualifying grocery merchants, visit triangle.com/merchants. Annual spend is based on a calendar year of January 1 - December 31.
3 Benefit must be activated. Roadside Assistance is brought to you by Canadian Tire Services Limited. Visit here for details.
4 Certain merchants may have established a maximum dollar limit for a single transaction. For example, the limit at Canadian Tire stores is $100.
5 Concierge Services are services only, not insurance benefits. These services are provided by Assurant Services Canada Inc. (ASCI). Details are provided in the Statement of Services included in the Triangle World Elite Mastercard welcome kit.
6 Purchase Security, Extended Warranty and Car Rental Collision/Loss Damage Waiver Insurance are insurance coverages underwritten by American Bankers Insurance Company of Florida (ABIC) under Group Policy CTB0418, issued by ABIC to Canadian Tire Bank. Details of the coverage, including definitions, benefits, limitations and exclusions, are outlined in the Certificate of Insurance included in the Triangle World Elite Mastercard welcome kit. ABIC, ASCI, its subsidiaries, and affiliates carry on business in Canada under the name of Assurant®.
7 Rewards balance is as of the last time you signed in or refreshed this page.
◊ In the form of electronic Canadian Tire Money® (CT MoneyTM). Terms and conditions apply to collecting and redeeming. Visit ctfs.com/ctm for more information. 3% earn rate applies to the first $12,000 in annual grocery spend. Applies to purchases made at stores with Mastercard merchant code 5411. For examples of qualifying grocery merchants, visit ctfs.com/merchants
‡ Your Membership begins twenty-four (24) hours after plan activation and is valid unless the Membership is cancelled in accordance with these Terms and Conditions.
ƒ Information for the Triangle™ Mastercard® and Triangle™ World Elite Mastercard®:
Annual Interest Rate(s): All charges to your account (excluding cash transactions and related fees) — 19.99%
Cash transactions (for example: cash advances, balance transfers, convenience cheques, money transfers, purchase of travellers cheques and gambling transactions) and related fees — 21.99% (if you reside in Quebec) or 22.99% (if you reside outside Quebec).
For the Triangle Mastercard only: If you are not approved for a card at the above rates, Canadian Tire Bank may still issue you a card at the following annual interest rates: (i) if you are a resident of Quebec, 21.99% for all charges; or (ii) if you reside outside of Quebec, 25.99% for all charges (excluding cash transactions and related fees) and 27.99% for cash transactions and related fees.
Foreign Exchange Conversion: All transactions made in a foreign currency will be converted to Canadian currency at the then current Mastercard conversion rate plus 2.5% (for charges to your account) or minus 2.5% (for credits to your account) when the transaction is posted to your account.
Annual Fee: None
Cash Advance Fee: $4 - Charged when the transaction is posted to your account.
NSF/Dishounoured Payment Fee: $25 - Charged if a payment you make is dishonoured.
Charges for Copies: $2 — Charged when you request a copy of a statement.
Credit Balance Fee: The lesser of $10 or the amount of your credit balance. - Charged on the last day of a billing period when there is a credit balance on the account and the account has been inactive for the previous 12 billing periods.
* Financing available is “Equal payments, no interest” for 24 months (unless otherwise stated) and is only available on request, on approved credit and on purchases of $150 (unless otherwise stated) or more (Gift Cards excluded) made with your Triangle credit card at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey and participating Sports Experts. Interest does not accrue during the period of the plan. However, if we do not receive the full minimum due on a statement within 59 days of the date of that statement, or any event of default (other than a payment default) occurs under your Cardmember Agreement, all special payment plans on your account will terminate and (i) you will then be charged interest on the balances outstanding on such plans at the applicable regular annual rate from the day after the date of your next statement, and (ii) the balances outstanding will form part of the balance due on that statement. There is no administration fee charged for entering into a special payments plan. Each month during an equal payments plan you are required to pay in full by the due date that month’s equal payments plan instalment. Any unpaid portion not received by the due date will no longer form part of the equal payments plan and interest will accrue on that amount from the day after the date of your next statement at the applicable regular annual rate. Offer subject to change without notice.
Additional information for residents of Quebec only: The regular annual rate for persons applying for the Triangle Mastercard and the Triangle World Elite Mastercard is 21.99% for cash transactions and related fees and 19.99% for all other charges. Some applicants may receive a higher or lower regular annual rate depending on a credit evaluation. The minimum payment is the sum of (a) the greater of: (i) interest and fees shown on your statement + $10; or (ii) 5% of the New Balance, excluding amounts on special payment plans, (b) any balance over your credit limit, (c) any amounts past due not included in (b) above, and (d) the amount of any equal payments plan instalments then due. Balances under $10 are due in full. For accounts opened prior to June 13, 2019 the rate of 5% will start at 2% and increase by 0.5% each August 1st until it reaches 5%. For residents of Quebec, the period between the statement date and the due date for payment is 26 days. The billing period covered by each statement can be from 28-33 days. The Triangle Mastercard and the Triangle World Elite Mastercard do not have an annual fee. Examples of borrowing costs (rounded to the nearest cent) assuming that all charges are purchases bearing interest at the regular annual rate of 19.99%, a 30 day month, no charges made on special payment plans and no other fees, additional payments or other changes are:
If your average balance is: $100 $500 $1000 $2000
Total monthly credit charges will be: $1.64 $8.22 $16.43 $32.86
° The Triangle Rewards Program is owned and operated by Canadian Tire Corporation. Terms and conditions apply visit triangle.com for details.
The Triangle Mastercard and Triangle World Elite Mastercard are issued by Canadian Tire Bank.
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®/TM Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under licence.
®/TM Mark’s and L'Equipeur are registered trademarks of Mark’s Work Wearhouse Ltd, used under licence.
®/TM Sport Chek and Atmosphere are registered trademarks of FGL Sports Ltd.
®/TM Mastercard, World Mastercard and World Elite Mastercard are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.
® Assurant is a registered trademark of Assurant, Inc.
HUSKY, Husky House, myHusky.ca, myHusky Rewards are trade-marks owned or used under licence by Husky Oil Marketing Company, a Division of Husky Oil Operations Limited.
*BONUS OFFER EXPIRES: within 30 days of approval of the Triangle credit card. The Triangle credit cards are issued by Canadian Tire Bank. The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. Rewards are in the form of electronic Canadian Tire Money® (CT Money®). Terms and conditions apply to collecting and redeeming. Visit triangle.com for more information. This offer applies on approval for the Triangle Mastercard or Triangle World Elite Mastercard. Not valid in conjunction with any other coupon, offer, discount or previous purchases excluding the Canadian Tire Bank 4% everyday offer.11% Bonus Canadian Tire Money will be added to your Triangle Rewards account when the Triangle Mastercard or Triangle World Elite Mastercard is activated and a purchase is made at a Canadian Tire, Sport Chek, Atmosphere, Mark's, L'Equipeur, Sports Rousseau, Hockey Experts, L'Entrepot du Hockey or participating Sports Experts stores before the offer expiry date. Purchases at Canadian Tire gas bars are not eligible for this offer. Bonus Canadian Tire Money can be redeemed on any eligible future purchases provided your account is in good standing. Valid in-store only. CT Money is collected on the pre-tax amount of the purchase. The 11% CT Money bonus will appear on your Triangle Rewards account within 5 days.