Triangleᵀᴹ World Elite Mastercard® Review

Accelerated Cash Back Earning Rate
4%
Annual Fees
$0
Purchase Interest Rate
19.99%
Cash Advance Interest Rate
21.99%
Collect 3%† back in Canadian Tire Money® on grocery purchases (up to $12K per year).
Collect 4% back in Canadian Tire Money® when you shop at Canadian Tire®, Mark's®, Sport Chek® and Atmosphere®.
Collect 5 cents per litre back in Canadian Tire Money® at Gas+ locations.

The Triangleᵀᴹ World Elite Mastercard® is a new addition to the stable of credit cards offered by Canadian Tire Bank. It provides all of the solid benefits of a Mastercard along with a set of features designed for those that spend substantially on groceries and gas. There’s no annual fee and interest rates are standard: 19.99% on purchases and 21.99% on cash advances.

Rewards Structure

Cardholders can earn Canadian Tire Money at an accelerated rate of 3% back on grocery purchases at eligible stores. The accelerated rate is applicable for the first $12,000 of grocery purchases every year—that’s up to $360 in Canadian Tire money annually. Cardholders should, however, note that there’s an important exclusion to purchases that qualify as ‘groceries’: transactions at Walmart, Walmart Superstore, and Costco aren’t eligible for Canadian Tire Money. If you do a significant amount of your shopping at these stores, you might opt to go with a cash back or rewards card outside the Canadian Tire sphere. After crossing the $12,000 mark in grocery purchases, the card reverts to earning 1% back in that category.

Triangle™ World Elite Mastercard® cardholders also enjoy 5 cents per litre back in Canadian Tire Money on gas bought at Gas+ locations, and 4% back at stores in the Canadian Tire family: Canadian Tire, Mark’s/ L’Équipeur, Sport Chek and Atmosphere.

All purchases outside the accelerated categories and locations mentioned above earn 1% back in Tire Money.

Assess how much savings you will make in your first year based on your personal spendings with our compare rewards credit cards table.

Other Card Perks

Some added benefits you can enjoy from the Triangle™ World Elite Mastercard® include:

  • $0 annual fee
  • 24/7 online account access and eStatements
  • Tap & Go contactless payments for small purchases

About Canadian Tire Money

Canadian Tire Money is a unique rewards system that is treated like cash in participating stores. It doesn’t expire as long as your account is active and is not transferrable to any other rewards points scheme. You can redeem Canadian Tire Money physically or electronically for merchandise at participating stores (Canadian Tire, Mark’s/ L’Équipeur, Sport Chek and Atmosphere), although there are some exceptions to the purchases you can make. Gift cards and lottery tickets, among other items, are excluded. Canadian Tire Money cannot be redeemed online or against a credit card statement.

You can learn more about redeeming Canadian Tire Money by consulting our Loyalty Program Bible.

Who’s the Card For?

The Triangle™ World Elite Mastercard® is a good fit for Canadian families who spend significant amounts on groceries and gas and shop regularly at stores in the Canadian Tire network.

ROC: *The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. The Triangle Mastercard is 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 and participating Mark’s/L’Équipeur, Atmosphere and other partner locations are eligible to earn CT Money or to be redeemed for. Certain Mark’s/L’Équipeur and Atmosphere stores may not participate and financing may not be available at some. Conditions apply. Visit triangle.com for full program rules and Partner location information including which locations do not participate. 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/L’Équipeur and PartSource.

QC:  † The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. The Triangle Mastercard is issued by Canadian Tire Bank. Rewards are in the form of electronic Canadian Tire Money® (CT Money®). Not all items sold at Canadian Tire and participating L’Équipeur and other partner locations are eligible to earn CT Money or to be redeemed for. Certain L’Équipeur stores may not participate and financing may not be available at some. Conditions apply. Visit triangle.com for full program rules and Partner location information including which locations do not participate. 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, and L’Équipeur.

®/™ Mark’s is a registered trademark of Mark’s Work Wearhouse Ltd, used under licence.
®/™ Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
®/™ Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under licence.

Article comments