The Triangle World Elite Mastercard is the premier credit card offered by Canadian Tire Bank, designed to provide Canadian residents with exceptional benefits and rewards.
Eligibility Requirements
To qualify, applicants need a personal income of $80,000 or a household income of $150,000, along with a good credit score of around 720.
Cashback Rewards
- 4% at Canadian Tire, Sport Chek, Marks, and other Canadian Tire brands.
- 3% at grocery stores (excluding Costco and Walmart).
- 5 cents per liter on regular fuel and 7 cents per liter on premium fuel at Canadian Tire gas bars and participating Husky locations.
- 1% on all other purchases.
Unique Bill Payment Feature
Pay various bills not typically accepting credit cards, such as car insurance, utilities, and property taxes.
Additional Features and Benefits
- Bonus offers within the Triangle app.
- No-fee financing for purchases of $150 or more at participating retailers.
- Free roadside assistance (Canadian Tire’s Gold Roadside Assistance).
- Free annual oil change coupon.
- Car rental collision loss damage insurance.
Fees and Drawbacks
- No annual fee.
- 19.99% interest rate on purchases, 22.99% on cash advances.
- $4 cash withdrawal fee and 2.5% foreign exchange fee.
- Cashback rewards are provided in CT Money, redeemable only at Canadian Tire and its affiliated brands.
Who is the Triangle World Elite Mastercard Best Suited For?
- Frequent shoppers at Canadian Tire and its affiliated brands.
- Grocery shoppers (excluding Costco and Walmart).
- Those seeking competitive fuel discounts.
- Individuals wanting cashback on various bills.
- Frequent travelers.
Overall
The Triangle World Elite Mastercard is a versatile and rewarding option for Canadians who meet the eligibility criteria and can leverage its many benefits. It can be effectively used alongside other credit cards to maximize rewards. While the income requirements are high, there’s no minimum spend requirement to maintain eligibility.
You will be redirected to the bank’s website