Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021] (2023)

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Are you looking for Canadian Tire Triangle MasterCard Reviews? This post is about Canadian Tire Triangle MasterCard Review including features, fees, pros, cons & alternatives you should know in 2020.

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Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021] (1)

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Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021]

Table of Contents

What is Canadian Tire Money or CT Money?

Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021] (2)

When you shop at Canadian Tire, you accumulate some points or virtual money known as Candian Tire Money.

These coupons or “money” can be used as scip (legal tender) in Canadain Tire stores even though they are not private currency.

If you shop a lot at Canadian Tire and want to earn more Canadian Tire money or CT Money, then you can get yourself a Canadian Tire Triangle MasterCard credit card.

(Video) | What Will Happen to Canadian Tire Money? | 3 Things You Must Know Now | Triangle Rewards Program

What is Canadian Tire Triangle MasterCard

Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021] (3)

Canadian Tire Triangle MasterCard is a credit card offering from Mastercard that allows you to earn more CT money when you shop online at Canadian Tire or any of their retail stores.

Canadian Tire Triangle MasterCard credit card holders can also collect Canadian Tire Money on every litre of fuel purchased at Husky stations.

To Apply for Canadian Tire Triangle MasterCard on Official website, click this link.

Canadian Tire Triangle MasterCard Features

Canadian Tire Triangle MasterCard has no annual fees and you get 4% Canadian Tire money or CT Money as rewards.

Purchases outside also earn 0.8% rewards and you get approximately $0.05 per liter at

Gas+ and participating Husky stations.

Canadian Tire Triangle MasterCard cardholders will also get some personalized offers based on spending history and purchase habits.

Official website of Canadian Tire Triangle Credit Card:

Features of Canadian Tire Triangle MasterCard Summary

  • No Annual Fees
  • 4% Canadian Tire Money on purchases at Canadian Tire & Partner Stores
  • $0.05 back at Gas+ and participating Husky stations
  • 1.5% on the first $12,000 spent on groceries per calendar year (excluding Costco and Walmart);
  • Personalized offers and exclusive bonuses; member-only events; extended warranty
  • Purchase interest rate: 19.99%

How & Where to Redeem Canadian Tire Money

You can redeem your Canadian Tire money at these locations

  • Canadian Tire
  • SportChek
  • Participating Mark’s/L’Équipeur locations
  • Participating Atmosphere locations

Canadian Tire Triangle MasterCard Pros

You can earn 4% in Canadian Tire Money when you shop at Canadian Tire, Sport Chek, Mark’s/L’Equipeur, Atmosphere, Sports Rousseau, Hockey Experts

You can use CT Money that you earn at all of these places to cover for your purchases

You can collect $0.05 back for every litre of fuel

Use your Canadian Tire Triangle MasterCard credit card & get 0% interest rates for all purchases made through Canadian Tire Bank.

Do note eligible purchases must be at least $150.

No-receipt returns for purchases made through Canadian Tire Triangle MasterCard

Personalized Offers

No income or credit score requirement.

(Video) How to Redeem Triangle Rewards on

Canadian Tire Triangle MasterCard Exclusive Benefit

Using Canadian Tire Triangle MasterCard, you can directly pay bill to companies that do not accept credit card payments.

You can make a direct payment from CTFS website, and it just adds that to your credit card as a transaction once it is processed.

This means that you can pay almost any bill (other than other credit cards) just like a bank account would, and still earn CT Money on the transaction.

You can earn CT Money on Electricity, Gas, & Municipal Water and Sewer transactions.

Canadian Tire Triangle MasterCard Cons

Canadian Tire Triangle MasterCard does not offer any insurance cover and you can earn points only at Canadian Tire or affiliate store purchases.

You can only redeem points at only Canadian Tire, SportCheck, and participating Mark’s, L’Équipeur and Atmosphere stores.

Canadian Tire Triangle MasterCard Requirements

Canadian Tire Triangle MasterCard has no income or credit score requirement to apply for the card.

Earning Canadian Tire Money Using Canadian Tire Triangle MasterCard

Canadian Tire4%
Participating Mark’s/L’Equipeur locations4%
Participating Atmosphere locations4%
Gas+/Husky5 cents per litre
Eligible grocery stores1.5% on the first $12,000 per calendar year
Everywhere else0.50%

Canadian Tire Triangle MasterCard vs Canadian Tire Triangle World Elite MasterCard

Canadian Tire Triangle World Elite MasterCard is a slightly more premium credit card which is also a no annual fee card.

However, Canadian Tire Triangle World Elite MasterCard requires an income of $80,000 to qualify.

If you do qualify for Canadian Tire Triangle World Elite MasterCard, then you should prefer this card over the Canadian Tire Triangle MasterCard credit card.

Benefits of Canadian Tire Triangle World Elite MasterCard

4% CT Money at Canadian Tire and affiliated stores

3% CT Money on grocery purchases (on the first $12,000 in annual spend and excluding Walmart and Costco)

Earn up to $0.07 cents per litre (compared to $0.05)when you purchase gas at Gas+ and Husky stations

Purchase security and extended warranty

Car rental insurance

24/7 concierge service

(Video) Triangle World Elite Mastercard Review - Cashback Credit Card Canada

Free Gold Plan roadside assistance

Canadian Tire Triangle MasterCard Support

You can reach Canadian Tire Triangle MasterCard Support by filling this form.

To reach Canadian Tire Mastercard support via Phone, use these numbers

Online Customer Support1-866-SHOP-CTR (1-866-746-7287)

Corporate Customer RelationsEnglish: 1-800-387-8803French: 1-800-565-3356

Canadian Tire Roadside Assistance1-888-727-7478

Options MasterCard1-800-459-6415

Triangle Rewards / My Canadian Tire ‘Money’ Program1-800-226-8473

To reach Canadian Tire Mastercard support via Mail, use this address

PO Box 2000, Station MainWelland, ONL3B 5S3

Should You Get Canadian Tire Triangle MasterCard?

If you are looking for a no annual fee credit card and do not meet the $80,000 requirement for Canadian Tire Triangle World Elite MasterCard, then Canadian Tire Triangle MasterCard is a good option.

Canadian Tire Triangle MasterCard does not require any income or credit score and is a good card to earn points if you do shop a lot at Canadian Tire.

Frequently Asked Questions about Canadian Tire Triangle MasterCard

Where can I use my Canadian Tire triangle Mastercard?

You can use Canadian Tire triangle Mastercard at Canadian Tire, SportCheck, and participating Mark’s, L’Équipeur and Atmosphere stores.

How do I pay my Canadian Tire triangle Mastercard?

You can pay Canadian Tire triangle mastercard at service desk of Canadian store or at any bank. You can pay via cash, debit or even cheque.

Can I withdraw money from Triangle Mastercard?

Yes, you can withdraw money from Triangle Mastercard based on your balance or gift card at ATMs.

What credit score do you need for Triangle Mastercard?

Triangle Mastercard does not require any minimum credit score.

Can I use my Canadian Tire money to pay credit card?

No you cannot use Canadian Tire money to pay credit card

How do I pay bills with Triangle MasterCard?

Go to official Triangle MasterCard link, Click on Sign In. Sign in & then enter credit card number and bill amount and proceed to make payment.

(Video) MasterCard: Days That Change Everything (Canadian Tire)

Is the triangle Mastercard worth it?

Yes, because Triangle Mastercard does not require any credit score or minimum income requirements.

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Founder at EasyCowork

I'm Anoob, an Aircraft Maintenance Engineer by qualification, digital marketer by profession.

I started this website to help people find coworking spaces, but now I write about business, personal finance, career planning & real estate.

I’m passionate about start-ups, passive income & business.

From Aircraft Maintenance Engineer to heading digital marketing for several Series C-funded companies, I've had a unique journey, you can read my story here.

Canadian Tire Triangle MasterCard Review: Requirements, Fees, Pros, Cons [2021] (5)

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Is there a fee to Canadian Tire Mastercard? ›

Triangle® Mastercard. ®

Collect Canadian Tire Money® everywhere you shop, with no annual fee.

What is the transaction fee for Triangle Mastercard? ›

Offer subject to change without notice. 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).

What is the minimum income for Triangle Mastercard? ›

Meet the card that earns you the most Canadian Tire Money, period. Applications for the Triangle World Elite Mastercard are currently only being accepted online. Minimum $80,000 annual income or $150,000 household income is required.

How hard is it to get approved for a triangle Mastercard? ›

As mentioned before, there is no specific income requirement for a Canadian Tire Triangle Mastercard. Additionally, there is no minimum credit score to apply for the card, however it is recommended that you have a score of 660+. All Canadian residents who reached majority age and above can apply for this card.

What is MasterCard limit fee? ›

An over-limit fee is a penalty charged to credit card customers who breach their credit limits. In the past, companies had discretion as to the size of their over-limit fees but now cannot charge higher than the amount that was exceeded.

Does MasterCard have a transaction fee? ›

Visa and Mastercard both charge a fee of 1%. Regardless of the type of credit card, this fee is applied to all transactions. Issuing bank fee: Depending on the credit card you use — such as Citibank, Chase or Barclays — some issuers add a charge on top of the network fee, usually around 2%.

What are the benefits of a triangle Mastercard? ›

Collect Canadian Tire Money® everywhere you shop, with no annual fee. Collect 4% back in Canadian Tire Money on almost everything at your favourite stores*. Plus, enjoy 5¢ per litre back in CT Money at Gas+ locations. All this plus more great benefits, all with no annual fee.

Does Mastercard charge extra? ›

A product level surcharge applies to a particular type of Visa or Mastercard, such as Visa Signature or World Elite Mastercard. The maximum surcharge is 4% of the credit card transaction.

What is the credit card charge fee? ›

Credit card processing fees will typically cost a business 1.5% to 3.5% of each transaction's total. For a sale of $100, that means you could pay $1.50 to $3.50 in credit card fees.

Is the Triangle Mastercard worth it? ›

Overall, the Triangle Mastercard doesn't earn very much considering that there are other credit cards out there that offer more flexible rewards (like cash) and can earn upwards of $500 a year, based on the exact same spending.

What income is too low for credit card? ›

Technically there's no minimum income requirement to get a credit card. A student's disposable income could be as low as $100 and they would still have the potential to be approved for a credit card. Higher incomes generally give applicants a better chance of getting approved for a card and a higher credit limit.

Can I get a credit card if my income is low? ›

Apply for a secured card

A secured card can be a way to get access to credit even if you have limited income. To open a secured credit card account, you'll need to put down a refundable security deposit as collateral. The deposit protects the credit card issuer if you fall behind on payments.

Is Canadian Tire Mastercard instant approval? ›

Canadian Tire Triangle Mastercard

If you apply at a Canadian Tire store and are approved, you may use the card immediately. And if you apply online and are approved, you'll be able to proceed to checkout right away.

Does applying for a Mastercard hurt your credit? ›

Applying for credit cards can damage your credit scores. Just a single application may shave a few points off your score. But multiple applications for cards in a short span could suggest you are a riskier borrower than someone who applies less often.

What credit score do you need to get a Visa Signature card? ›

Visa Signature Cards

You can begin qualifying for select Visa Signature credit cards with a 670+ credit score. However, some cards require a 740 credit score to have the best approval odds.

What is an annual fee? ›

An annual fee is a lump sum you have to pay every year that you're signed up for certain credit cards. Often these fees, which can range from $95 to $500 or more, are offset by perks, such as airline miles, points, or cash back opportunities.

What is a good card limit? ›

Your definition of a high credit limit may vary based on what you want from a credit card, but we consider a $5,000 to $10,000 limit to be a good starting point for the “high” range for rewards credit cards.

What is the maximum credit limit on Mastercard? ›

There is no set minimum or maximum Mastercard credit limit, as credit lines are left entirely up to the discretion of individual credit card issuers. In addition, the limits that issuers set on individual Mastercard credit cards can vary widely from cardholder to cardholder.

How do I avoid credit card transaction fees? ›

The easiest way to avoid finance charges is to pay your balance in full and on time every month. Credit cards are required to give you what's called a grace period, which is the span of time between the end of your billing cycle and when the payment is due on your balance.

How can I avoid paying my credit card annual fee? ›

There are a few possible ways to convince an issuer to waive your fee.
  1. Call your issuer. ...
  2. See if your issuer will waive the fee in exchange for card usage. ...
  3. Ask your issuer to match another offer. ...
  4. Ask to cancel. ...
  5. Use military benefits. ...
  6. Switch to a different card. ...
  7. Earn rewards to offset the fee.
Aug 26, 2022

How can you avoid paying fees and interest? ›

Pay Your Bill in Full Every Month

Most credit cards offer a grace period, which lasts at least 21 days starting from your monthly statement date. During this time, you can pay your full balance without incurring interest on your purchases.

Can I withdraw money from my triangle Mastercard? ›

A: Yes. You may withdraw cash against the balance on most Mastercard prepaid and gift cards at any ATM.

Can I cancel my triangle Mastercard? ›

Can I cancel my Triangle Rewards® card? Yes, customers can close their account at any time. There is no fee for closing an account, but they will lose any Canadian Tire Money® that they have collected.

Is it good to have a Mastercard? ›

MASTERCARD: Standard, World, World Elite

World benefits include the Standard-level offerings as well as cellphone insurance; access to trip planning and travel benefits through Mastercard Travel & Lifestyle Services; access to a concierge; and discounts and promotions with select retailers.

Is it good to pay extra on credit card? ›

Overpaying your credit card will result in a negative balance, but it won't hurt your credit score—and the overpayment will be returned to you.

What are hidden charges in credit card? ›

Hidden fees come in the form of annual fees, late payment fees, interest charges, and more. Every credit card comes with hidden fees in the form of annual fees, late payment fees, interest charges, that will only cost you more in the long run if you trigger them.

Is it good to have an extra credit card? ›

Low credit utilization ratio: Having more than one credit card can boost your credit score by helping to lower your credit utilization ratio. Your credit utilization ratio is the amount of credit you're using compared to the amount of credit available. Most lenders prefer to see it at 30 percent or lower.

What are three common credit card fees? ›

9 Common credit card fees and how to avoid them
  • Annual fees.
  • Interest/finance charges.
  • Late fees.
  • Card replacement fees.
  • Balance transfer fees.
  • Returned payment fees.
  • Foreign transaction fees.
  • Over-limit fees.

Do you have to pay annual fee on credit card right away? ›

You're typically charged during the same month that you sign up for the card and then every 12 months after that. You'll pay the annual fee the same way you'd pay for regular purchases shown on your statement.

Are credit card fees negotiable? ›

Credit card processing fees are inevitable; however, you can often negotiate fees to ensure you get the best deal possible. You can save money by accepting card payments in person and ensuring your account and terminal are correctly set up.

What are the disadvantages of using Mastercard? ›

Credit cards have a few disadvantages, such as high interest charges, overspending by the cardholders, risk of frauds, etc. Additionally, there may also be a few additional expenses such as annual fees, fees of foreign transactions, expenses on cash withdrawal, etc. associated with a credit card.

What are the benefits of having a Canadian Tire Mastercard? ›

The pros
  • 4% on Canadian Tire. For every dollar you spend at Canadian Tire with the Triangle Mastercard, you'll pocket 4% back in Canadian Tire Money. ...
  • 4% at Sports Chek and Mark's. ...
  • Gas rewards. ...
  • Earn rewards everywhere. ...
  • It's easy to get. ...
  • Rewards can't be redeemed everywhere. ...
  • 4% earn rate is based on pre-tax prices.
Nov 12, 2019

Can I use my triangle Mastercard at Walmart? ›

Excludes purchases at Walmart, Walmart Superstore and Costco. After that, your earn rate will be 1%. For examples of qualifying grocery merchants, visit Merchant List | Triangle .

What should I put as my annual income for a credit card? ›

For a credit card application, you will need to report your gross income, which is your annual salary before taxes and other deductions. Your net income is the amount you get in your paycheck after those deductions.

What income should I put on credit card application? ›

According to an amendment to the Card Act, borrowers over 21 can list any income to which they have “reasonable expectation of access.” This broad definition includes: Personal income. Income from a spouse or partner. Allowances and gifts.

Is it bad to have 0 dollars on a credit card? ›

A zero balance on credit card accounts does not hurt, but it certainly does not help increase a credit score either.

What credit score is needed to get a 10000 credit card? ›

The average accepted credit score is about 725 and the average credit limit is $10,000. The card offers unlimited travel miles, a generous signup bonus, and an annual travel credit for TSA Pre✓® or Global Entry fees.

Do credit cards want household income? ›

Generally speaking, all credit cards may consider household income during the application process due to the CFPB ruling, but the phrasing of the question can vary.

Can you put 0 income on credit card application? ›

It's not likely that the card issuer will ask for you to provide proof of income, such as tax forms, unless you are a young borrower. But the best practice is to be honest so that your credit limit is appropriate. You'll want to make sure you can afford the minimum payments and stay out of debt.

What is the easiest card to get approved? ›

Easiest Credit Cards To Get Approved for in March 2023
  • Overall. Discover it® Secured Credit Card.
  • No credit check. OpenSky® Secured Visa® Credit Card.
  • Low APR. DCU Visa® Platinum Secured Credit Card.
  • First credit card. ...
  • Fair credit. ...
  • Students with rolling categories. ...
  • Students spending on restaurants and groceries. ...
  • Target shoppers.

Should I accept a pre approved credit card? ›

Credit card preapprovals are usually a good sign since they show you have met basic criteria like having good credit or a history of employment. That said, you may not want to go after the first prequalified credit card offer you receive. That's because, by and large, preapproved doesn't always mean best.

Can I use my Canadian Tire MasterCard in the US? ›

The Canadian Tire Options® MasterCard® can be used anywhere MasterCard is accepted. We suggest that if you are going to be out of the country and using your credit card that you contact us so that we can place a note on your file stating you will be using your card while out of the country.

How does the Canadian Tire MasterCard work? ›

Triangle™ Mastercard

This card is free and does not require a minimum income. You get 4% cash back on all spending at Canadian Tire or partner organizations such as Atmosphere, Rousseau Sports, Hockey Experts, l'Équipeur and Sports Experts. You also earn 0.05 cents for every litre of gas you spend at the Gas + station.

What is Canadian Tire MasterCard Cash advance fee? ›

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.

What is a MasterCard cross border fee? ›

Foreign cross border charges

These fees apply to cross border transactions processed in a currency other than U.S. dollars. MasterCard charges 1 percent for these exchanges and Visa charges 1.20 percent.


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