What the Card Offers
Canadian Tire Bank markets the Triangle World Elite Mastercard as the card that earns the most Canadian Tire Money: 4% at Canadian Tire, Sport Chek, Mark's and partner stores, 3% at grocery stores, 1% everywhere else, and 5¢ to 7¢ a litre at Gas+ and Petro-Canada, with no annual fee.
- 4%
Canadian Tire, Sport Chek, Mark's and more1
4% in CT Money on qualifying pre-tax purchases at Canadian Tire, Sport Chek, Mark's, Party City, Atmosphere and the group's other stores.
- 5¢–7¢/L
Gas+ and Petro-Canada fuel2
7¢ per whole litre in CT Money on premium fuel and 5¢ on other fuel at Gas+ and Petro-Canada stations.
- 3%
Grocery stores3
3% on the first $12,000 a year at grocery stores (Mastercard code 5411), excluding Walmart and Costco.
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- 1%
Everything else1
1% in CT Money on all other purchases.
- $0
No annual fee4
No annual fee. Requires $80,000 personal or $150,000 household income.
- 250 km
Roadside Assistance Gold Plan5
Towing up to 250 km per service call, with 5 service calls every 12 months. The plan must be activated.
- $10,000
Purchase security and extended warranty6
Theft or damage for 90 days, and double the manufacturer's warranty up to 1 extra year; $10,000 a year each.
- 0%
No-interest financing7
Equal monthly payments with no fee or interest for 24 months on request, on purchases of $150 or more at participating stores.
Benefits as advertised by the issuer. The conditions attached to them are in the Fine Print Report below.
Sources (7)
- Triangle World Elite Mastercard product page (retrieved 2026-10-25)
- Triangle World Elite Mastercard product page (retrieved 2026-10-25), footnote 1
- Triangle World Elite Mastercard product page (retrieved 2026-10-25), footnote 2
- Triangle credit cards comparison page (retrieved 2026-10-25)
- Triangle World Elite Mastercard Roadside Assistance Gold Plan terms; Triangle World Elite Mastercard product page (retrieved 2026-10-25), footnote 4
- Triangle World Elite Mastercard Certificate of Insurance (50387552, 10/22), Purchase Security, Extended Warranty and Limits of Liability
- Triangle World Elite Mastercard product page (retrieved 2026-10-25), footnote ^
Points & Redemption
Rates: Triangle Rewards Program Terms and Conditions, Redeeming electronic Canadian Tire Money; Triangle Mastercard product page (retrieved 2026-10-25). Cash back is credited to your account balance at face value.
Where It Earns
Among the 53 stores and brands in CardTruth's merchant lookup:
- 4%4% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
Show all 19 storesShow fewer
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
- 3%3% back
Where it doesn't earn more (10)Hide
Excluded by the terms: Costco, Walmart earn the base rate.
Online only: Amazon.ca, Crave, Disney+, Netflix, SkipTheDishes, Spotify, Uber (rides), Uber Eats take Mastercard online but not in store.
The Fine Print Report
Moderate fine print. Strong no-fee rates, but the rewards are locked to Canadian Tire's stores.
CT Money: only at Canadian Tire storesImpact level: High
Rewards are Canadian Tire Money, which you can only spend at Canadian Tire's own stores
Rewards are paid as electronic Canadian Tire Money. $1 is worth $1 off merchandise at Canadian Tire, Sport Chek, Mark's, Party City and the group's other participating stores. It can't be taken as cash or a statement credit, used to pay the card, or spent on alcohol, tobacco or gift cards.
Why it matters: If you rarely shop at Canadian Tire's stores, the rewards are worth less to you than cash back at the same rate.
CT Money expires after 18 months inactiveImpact level: Medium
CT Money can expire after 18 months with no earning or redeeming
Canadian Tire may expire the CT Money in your account after 18 months or more in which you neither collect nor redeem any. It can also cancel CT Money earned with the card if the card account isn't kept in good standing.
Why it matters: Using the card counts as activity, but a card kept in a drawer can lose its balance.
4% is on pre-tax price; some items excludedImpact level: Medium
The 4% is earned on the pre-tax price, and some items at the stores earn nothing
CT Money is calculated on the pre-tax amount of a purchase. Gift cards, lottery tickets, tobacco, alcohol, delivery, assembly and repair charges, environmental fees and other listed items don't earn it, and individual stores can exclude more.
Why it matters: On a $100 purchase plus 13% HST, $4 back is 3.5% of what you pay.
Groceries: code 5411 only, $12,000 capImpact level: Medium
The 3% grocery rate needs merchant code 5411, excludes Walmart and Costco, and drops to 1% after $12,000 a year
The grocery rate applies to the first $12,000 a calendar year at grocery stores with Mastercard merchant code 5411. Purchases at Walmart, Walmart Superstore and Costco are excluded, and stores that use a different code earn the everywhere-else rate. After $12,000, groceries earn 1%.
Why it matters: Big Walmart or Costco grocery shoppers won't get the grocery rate on those trips.
2.5% FX fee, also charged on refundsImpact level: Medium
Foreign currency purchases cost 2.5% extra, and refunds are converted at a new rate
Purchases in a foreign currency are converted at the Mastercard rate plus 2.5%. Refunds are converted at the rate on the day they post, minus 2.5%, so the amount credited can be less than you were charged.
Why it matters: Every $1,000 spent in a foreign currency costs about $25 in fees.
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May be approved at 25.99%, not 21.99%Impact level: Medium
If you aren't approved at 21.99%, Canadian Tire Bank can still issue the card at 25.99% on purchases
The advertised rates are 21.99% on purchases and 22.99% on cash transactions outside Quebec. Applicants not approved at those rates may be issued the card at 25.99% and 27.99%.
Why it matters: If you carry a balance, check the rate on your approval before using the card.
Default: bank can use your depositsImpact level: Medium
If your account goes into default, Canadian Tire Bank can apply money you hold with it to the balance
An event of default includes a missed payment. The bank can then demand the full balance, raise the minimum payment, and apply any balance you have in another account or on deposit with Canadian Tire Bank against what you owe.
Why it matters: If you keep savings or a GIC at Canadian Tire Bank, a missed payment can lead to withdrawals you didn't schedule.
No travel medical; $10,000/yr purchase coverImpact level: Medium
No travel medical or trip insurance, and purchase and warranty cover stops at $10,000 a year
The card's insurance is Purchase Security, Extended Warranty and Car Rental Collision/Loss Damage Waiver. Purchase Security and Extended Warranty each pay at most $10,000 a calendar year per account ($60,000 lifetime for the warranty). Rental cover excludes vehicles with an MSRP over $65,000 and rentals longer than 31 days, with no cover at all for a longer rental. There's no travel medical, trip cancellation or baggage insurance.
Why it matters: Buy travel medical insurance separately, and check the vehicle's price before relying on the rental cover.
Fuel: per litre, Gas+ and Petro-Canada onlyImpact level: Low
Fuel rewards are per whole litre, only at Gas+ and Petro-Canada, and the rate can vary by location
Fuel earns 5¢ (7¢ on premium) per litre in CT Money at Gas+ and Petro-Canada, counted on whole litres and rounded down. The terms say the rate is subject to change and could vary by location.
Why it matters: At other gas stations, fuel earns the everywhere-else rate.
Who This Card Is For
Great fit if you...
- Shop often at Canadian Tire or Sport Chek
- Spend up to $12,000 a year on groceries
- Want no annual fee
- Earn $80,000, or $150,000 as a household
Consider alternatives if you...
- Want cash back you can spend anywhere
- Buy most groceries at Walmart or Costco
- Want travel medical insurance
- Make foreign-currency purchases
Welcome Bonus History
Triangle World Elite Welcome Bonus History
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
The Verdict
The Triangle World Elite Mastercard pays 4% in Canadian Tire Money at the group's stores, 3% on the first $12,000 of groceries and 1% elsewhere, with no annual fee.
Rewards can only be spent at Canadian Tire's stores and can expire after 18 months of inactivity, the grocery rate excludes Walmart and Costco, and there's no travel medical insurance.
The Recommendation: A strong no-fee choice if you shop at Canadian Tire's stores and buy groceries at supermarkets other than Walmart and Costco.
Before you apply: This teardown is general information, not financial, legal or insurance advice, and reflects the issuer's documents as of October 2026. Terms, rates, fees and offers change, and the issuer's own agreement, disclosure statement, insurance certificates and program terms are what govern your card. Read them in full and confirm details with the issuer before you apply. Full disclaimer