Who this card is for
A good fit if you…
- Households that already shop Canadian Tire, SportChek, Mark’s, and other Triangle banners often enough for 4% CT Money to be the main earn story.
- Drivers who will use the fuel rewards called out in the features at participating Gas+ or Petro-Canada locations.
- People who also buy groceries on this Mastercard and will stay under the annual grocery cap, where this card pays 1.5% and World Elite pays 3% on the first $12,000 (Costco and Walmart excluded).
- Applicants who want a $0 Mastercard without a World Elite income bar — the eligibility terms currently ask for Canadian residency and age of majority, not a $60,000-class figure.
Skip it if you…
- Shoppers who rarely enter a Canadian Tire. 0.5% elsewhere is a weak everyday rate next to Tangerine’s 2% categories or even World Elite’s 1% catch-all.
- Applicants with $80,000 personal or $150,000 household income who also grocery-shop on this plastic. Triangle World Elite keeps the same 4% at Canadian Tire family stores, pays 3% on groceries for the first $12,000 a year (Costco and Walmart excluded), and pays 1% elsewhere, still at $0.
- People who want cash back they can deposit anywhere. Canadian Tire Money is meant to spend back in that family of stores.
- Anyone applying for a welcome bonus. None is currently listed.
Pros and cons
Pros
- No annual fee, and no World Elite income test on this rung, which is the whole point of the base Triangle card.
- 4% Canadian Tire Money at Canadian Tire family stores is the cobrand doing cobrand work — the same headline in-store rate World Elite advertises.
- Fuel cents-off at participating Gas+ and Petro-Canada is a driver perk the grocery World Elites at other banks are not selling.
- 1.5% groceries on the first listed annual amount is better than 0.5%, even if World Elite’s 3% cap is richer.
- Electronic CT Money redeemable as the program defines (the detailed features describe $1-for-$1 at participating stores) is simple if you already shop those banners.
Cons
- 0.5% elsewhere is the tax you pay for skipping World Elite. Months without a Tire run look like a basic store card.
- Grocery 1.5% currently stops after an annual cap. After that you are not on a grocery card anymore.
- CT Money is awkward if you do not redeem at participating stores. It is not Aeroplan and not a Visa statement credit.
- This card currently lists no welcome bonus, detailed offer, or dollar value. Additional-card fees and insurance are also not listed — confirm those with Canadian Tire Bank.
- There is no Canadian Tire Bank issuer hub on this site. Compare in the related cards below rather than inventing a bank hub URL.
Fees and value: is the annual fee worth it?
First-year snapshot (estimate)
- Annual fee
- $0
- Estimated welcome bonus value
- Not listed
- Bonus minus fee (estimate)
- —
This is a simple comparison of the estimated welcome-bonus value against the annual fee. It ignores rewards on spending, credits you have to remember to use, and interest if you carry a balance. Offers change — verify with the issuer.
The annual fee is $0, so year-two cost is the opportunity cost of putting spend here instead of on a 2% category card. The base Triangle card is worth holding when CT-family spend is large and you cannot or will not apply for World Elite.
If you have $80,000 personal or $150,000 household income and grocery spend is real, World Elite is the $0 upgrade: same 4% in the banners, 3% on groceries for the first $12,000 a year (Costco and Walmart excluded), and 1% elsewhere. The first-year snapshot on this page will not show a signup cushion because no welcome bonus is listed.
Offers change. Pay in full.
A 21.99% purchase rate will delete CT Money faster than a spring catalogue.
Rewards and earn rates explained
Rewards program: Canadian Tire Money / Triangle Rewards
You earn electronic Canadian Tire Money / Triangle Rewards, redeemable as the program defines. The current stack is 4% at Canadian Tire family stores, fuel cents-off at participating Gas+ and Petro-Canada, 1.5% on groceries for the first $12,000 a year, and 0.5% on other purchases. World Elite pays the same 4% at Canadian Tire family stores, 7¢/L CT Money on premium fuel and 5¢/L on other fuel at Gas+ and Petro-Canada, 3% on groceries for the first $12,000 a year (Costco and Walmart excluded), and 1% elsewhere.
Merchant coding still applies: a grocery banner that processes as a mass merchant, or a “Canadian Tire” marketplace order, can miss 4% or 1.5%. Put Tire-family spend here; put Amazon.ca on the Amazon cobrand and Loblaws on a PC Mastercard.
Welcome bonus: how to unlock it
No welcome bonus is currently listed for this card.
This card currently lists no welcome bonus, detailed offer, dollar value, or eligibility text. Treat that as “none on file.” If Canadian Tire Bank is running CT Money on the live application, use that page. The application decision is residency plus credit, not a signup gift.
FAQ
Is the Triangle Mastercard worth it in 2026?
It is worth it when you shop Canadian Tire family stores and want 4% CT Money without a World Elite income test. It is not worth it as a travel-points card or as a 0.5% catch-all for people who never visit a Tire store.
Triangle Mastercard vs Triangle World Elite?
Both have no annual fee and pay 4% at Canadian Tire family stores. World Elite pays 3% on groceries for the first $12,000 a year (Costco and Walmart excluded) and 1% elsewhere, with 90-day purchase security, extended warranty, and rental car collision damage waiver. You need $80,000 personal or $150,000 household income.
Stay on this card if you only need the 4% in-store rate.
Triangle vs PC Mastercard?
Both are $0 store cards. PC Mastercard feeds PC Optimum at Loblaws-family banners. Triangle feeds Canadian Tire Money at Tire-family stores. Hold the one whose stores you actually use; holding both only makes sense if both banners are weekly habits.
Can I use this card at Costco?
Costco Canada accepts Mastercard, so it can go through at 0.5%. It will not pay 4% CT Money inside Costco. For Costco gas and club spend, compare the CIBC Costco Mastercard if you are a member.
Does this card charge foreign-exchange fees?
Most Canadian no-fee Mastercards add a foreign-conversion fee on foreign-currency purchases. Triangle is a domestic store card. For overseas spend, compare Scotiabank Passport Visa Infinite, and confirm Canadian Tire Bank’s current FX rate in the agreement.
Compare related cards and guides
More Canadian credit card lists that match this product, plus a few cards people usually compare it with.
- Triangle World Elite Mastercard review · Canadian Tire Bank · $0 annual fee
- PC Mastercard review · PC Financial · $0 annual fee
- Tangerine Money-Back Credit Card review · Tangerine · $0 annual fee
