Quick overview of the Canadian Tire Triangle® World Elite® Mastercard®
The Canadian Tire Triangle® World Elite® Mastercard® is a terrific, no annual fee rewards credit card. If you're a regular shopper at Canadian Tire stores and want to maximize your Triangle® rewards, check out our review to see if this credit card is right for you.
Who’s the Canadian Tire Triangle® World Elite® Mastercard® for?
The Canadian Tire Triangle® World Elite® Mastercard® is ideal for those who frequently shop at Canadian Tire and Triangle® Rewards stores, such as Sport Chek, Atmosphere, Party City, Pro Hockey Life and Mark’s, as it will help them earn more rewards as they shop.
That suitability is based on the cards earn rates which overwhelmingly favour Canadian Tire brands over "everyday" categories. Fortunately, that is somewhat solved by the cards impressive earn rate on groceries, but this is capped at $1,000 per year (and excludes larger box stores like Target, Costco and Walmart).
Pros and cons
Pros
-
Flexible rewards program
-
Comes with concierge services
Cons
-
High income requirements
-
Low earn rate for non-Triangle store purchases
-
$12k earning cap on grocery category
Canadian Tire Triangle® World Elite® Mastercard® welcome offer
Currently, there’s no welcome offer for the Triangle® World Elite® Mastercard®.
How to earn rewards on the Canadian Tire Triangle® World Elite® Mastercard®
With the Canadian Tire Triangle® World Elite® Mastercard®, you can earn 4% back in Canadian Tire Money® (CT Money) for all purchases made at Canadian Tire and Triangle® stores such as, Mark’s, Sport Chek and Atmosphere. You can also earn 3% back at grocery stores (on the first $12,000 per year) and 1% back on all other purchases. You also earn f5 cents back per litre on regular fuel and 7 cents back on premium fuel at Gas+ locations.
How to redeem rewards with the Canadian Tire Triangle® World Elite® Mastercard®
You can redeem your CT Money at any Triangle® Rewards store.The cash value of CT Money is 1:1, which means that you can easily use your accumulated rewards as you would use real cash.
Canadian Tire Triangle® World Elite® Mastercard® key benefits
- 24/7 concierge services: The Triangle World Elite comes with Canadian Tire’s 24-hour concierge services, which allows you to purchase concert tickets, make restaurant reservations and much more
- Basic insurance: The Triangle Mastercard World Elite provides basic insurance protections but does come with roadside assistance and car rental insurance.
- Solid rewards (at Canadian Tire): The card also offers impressive rewards for shopping at Canadian Tire brands and partner stores. Rewards outside of CT purchases aren't exceptional, but the bonus rate on groceries is very competitive (and especially so for a card with no annual fee).
Canadian Triangle® World Elite® Mastercard® insurance coverage
- Roadside assistance gold plan: Under this coverage, if your vehicle breaks down you can have it towed for a distance up to 250 km per service call to the destination of your choice (within Canada or the US)
- Purchase security insurance: This coverage provides 90 days of protection in event of loss, damage or theft for any items you purchase using the Triangle® World Elite® Mastercard®
- Car rental collision/loss damage waiver insurance: Enjoy up to 31 consecutive days of rental car coverage when you charge the entire cost of the rental vehicle to your Triangle® World Elite® Mastercard®
What people have to say about this card
It’s an OK card, good if you shop at CT/Sport Chek/Atmosphere as it lets you accumulate CT Money. The main driver for me was the no fee and FREE roadside assistance. I cancelled my CAA membership after I got the Triangle® card.
Reddit user wrx8888
Like this user points out, if you frequently shop at Canadian Tire locations, the Triangle® World Elite® is the perfect card to maximize your rewards. And with its added perks, you save money all around!
How the Canadian Tire Triangle® World Elite® Mastercard® compares
Canadian Tire World Elite Mastercard vs MBNA Rewards World Elite Mastercard
up to 30,000 pts
Welcome Bonus
$900
First Year Value
$655
Annual Value
Welcome Bonus: Earn up to 30,000 bonus MBNA Rewards Points†† for cash back, gift cards and more. Conditions Apply.
Get this card if you...
-
want to take advantage of high earn rates
-
need comprehensive travel insurance benefits
-
want flexible point redemption
Annual Fee & Annual Interest Rates
$120
Annual Fee
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
MBNA Rewards World Elite® Mastercard® ReviewThe MBNA Rewards World Elite® Mastercard® is a premium credit card offering accelerated rewards on categories such as groceries, restaurants, digital media, memberships, and household utilities. It provides flexible redemption options, including travel, merchandise, gift cards, and cash back, along with benefits like a generous welcome bonus, birthday bonus points, and comprehensive insurance coverage.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
-
Pros
-
High earn rates: Up to 5 points per $1 on groceries, restaurants, digital media, memberships, utilities
-
Generous welcome bonus of up to 30,000 points, covering first-year annual fee
-
Points never expire, flexible redemption options including travel and statement credit
-
Birthday bonus: Up to 15,000 points annually, 10% of points earned in the previous year
-
Comprehensive benefits: Price protection, purchase assurance, extended warranty, travel insurance
Cons
-
High income requirements: $80,000 personal or $150,000 household income
-
Annual fee of $120 after the first year
-
Travel insurance package not as robust as other cards at similar price points
-
-
Annual Interest Rates
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
-
Rewards MBNA Rewards
30,000
MBNA offers up to a 30,000-point welcome bonus
5
You get five points‡ per dollar spent on groceries, restaurants, digital media, memberships, and household utilities
1
All other purchases outside those categories earn one point per $1 spent.
Insurance Benefits
$1,000
Mobile device insurance amount
$200,000
Rental car insurance amount
-
Earn up to 30,000 bonus MBNA Rewards Points†† for cash back, gift cards and more. Conditions Apply.
20,000 bonus points†† (approximately $165 in cash back value) after you make $2,000 or more in eligible purchases within the first 90 days of your account opening.
10,000 bonus points††(approximately $80 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening.
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
Our Take
The MBNA Rewards World Elite® Mastercard® is a premium credit card offering accelerated rewards on categories such as groceries, restaurants, digital media, memberships, and household utilities. It provides flexible redemption options, including travel, merchandise, gift cards, and cash back, along with benefits like a generous welcome bonus, birthday bonus points, and comprehensive insurance coverage.
Eligibility
Good (620 - 670)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
-
High earn rates: Up to 5 points per $1 on groceries, restaurants, digital media, memberships, utilities
-
Generous welcome bonus of up to 30,000 points, covering first-year annual fee
-
Points never expire, flexible redemption options including travel and statement credit
-
Birthday bonus: Up to 15,000 points annually, 10% of points earned in the previous year
-
Comprehensive benefits: Price protection, purchase assurance, extended warranty, travel insurance
Cons
-
High income requirements: $80,000 personal or $150,000 household income
-
Annual fee of $120 after the first year
-
Travel insurance package not as robust as other cards at similar price points
Annual Interest Rates
19.99%
Purchase
24.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
Rewards MBNA Rewards
30,000
MBNA offers up to a 30,000-point welcome bonus
5
You get five points‡ per dollar spent on groceries, restaurants, digital media, memberships, and household utilities
1
All other purchases outside those categories earn one point per $1 spent.
Insurance Benefits
$1,000
Mobile device insurance amount
$200,000
Rental car insurance amount
Earn up to 30,000 bonus MBNA Rewards Points†† for cash back, gift cards and more. Conditions Apply.
20,000 bonus points†† (approximately $165 in cash back value) after you make $2,000 or more in eligible purchases within the first 90 days of your account opening.
10,000 bonus points††(approximately $80 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening.
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
If you’re considering the Canadian Tire Triangle® World Elite® Mastercard®, you can also check out MBNA’s Rewards World Elite Mastercard. This credit card comes with a generous welcome offer and lots of great insurance perks, including common carrier accident insurance and travel medical insurance. The earn rates are also high for the MBNA Rewards World Elite Mastercard. The spending cap is also pretty generous. If you don’t frequently shop at Canadian Tire stores and don’t mind paying an annual fee, the MBNA Rewards World Elite Mastercard would be a better fit.
Disclosures:
- Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
- The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.
Canadian Tire World Elite Mastercard vs Tangerine Money-back Card
$484
First Year Value
$384
Annual Value
Welcome Bonus: Get a bonus 10% cash back for the first 2 months – up to $100. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
Get this card if you...
-
want flexible cash back categories
-
want unlimited cash back
-
want to avoid paying an annual fee
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
-
Our Take
Tangerine Money-Back Credit Card ReviewThe Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
-
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
-
-
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
-
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
-
Get a bonus 10% cash back – up to $100. Applies to purchases in your first 2 months. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
The Tangerine 10% Limited-time Promotional Offer (the “Offer”) is only available to new Tangerine Credit Card Account holders who (i) apply for a Tangerine World Credit Card (the “Account”) by January 31, 2025, (ii) activate their Account within 45 days of approval, and (iii) have up to a maximum of $1,000 in total Net Purchases posted to their Account within the 60-day period beginning on the date the Tangerine World Credit Card is activated. Limit of one Offer per eligible Client. This Offer is non-transferable. Offer may be changed, cancelled or extended at any time. All other Account terms, including the Tangerine Money-Back Rewards program terms, remain unchanged and continue to apply. See the Tangerine Credit Card Cardholder Agreement for more details, including definitions of any capitalized terms.
Our Take
The Tangerine Money-Back Credit Card is a no-annual-fee cash back card that allows cardholders to earn a higher cash back rate in two spending categories of their choice, such as groceries, gas, or restaurants, and a lower rate on all other purchases. By opening a Tangerine Savings Account and directing cash back earnings there, a third higher rate cash back category can be added. Additional benefits include purchase assurance and extended warranty protection, with cash back rewards automatically applied monthly.
Eligibility
Good (620 - 670)
Recommended Credit Score
$12,000
Required Annual Personal Income
Pros
-
No annual fee
-
Choose the spending categories where you want to earn the most cash back
-
Unlimited cash back—no maximum spending limit for any purchase category
-
Cash back is paid out monthly rather than annually
-
Periodically includes a special welcome offer where you can get extra cash back
-
1.95% interest on balance transfers for the first 6 months (1% transfer fee applies)*
Cons
-
Regular cash back rates are still lower than what you can get from a card with an annual fee
-
Limited extra perks or benefits beyond the cash back and balance transfer promotion
-
Generally not a good fit for shopping at warehouse clubs or wholesale grocers like Costco or Walmart
-
Tangerine does not have any physical bank branches
Annual Interest Rates
19.95% - 24.95%
Purchase
19.95%
Cash Advance
1.95% - 19.95%
Balance Transfer
1.95%
Balance Transfer (Introductory)
24.95%
Penalty
Fees
$0
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
$3.5
Cash Advance
$25
Over The Limit Penalty
$25
Return Penalty
Rewards cash back
2%
Earn 2% cash back on 2 categories of your choice (e.g. groceries, recurring bills, gas, drug stores, etc.)
3
Get a Tangerine Savings account and add a 3rd 2% cash back category.
0.5%
Earn 0.50% on all your other everyday purchases.
Get a bonus 10% cash back – up to $100. Applies to purchases in your first 2 months. Plus, a 1.95% promotional balance transfer interest rate for the first 6 months.
The Tangerine 10% Limited-time Promotional Offer (the “Offer”) is only available to new Tangerine Credit Card Account holders who (i) apply for a Tangerine World Credit Card (the “Account”) by January 31, 2025, (ii) activate their Account within 45 days of approval, and (iii) have up to a maximum of $1,000 in total Net Purchases posted to their Account within the 60-day period beginning on the date the Tangerine World Credit Card is activated. Limit of one Offer per eligible Client. This Offer is non-transferable. Offer may be changed, cancelled or extended at any time. All other Account terms, including the Tangerine Money-Back Rewards program terms, remain unchanged and continue to apply. See the Tangerine Credit Card Cardholder Agreement for more details, including definitions of any capitalized terms.
The Tangerine Money-Back Card is an amazing no-fee cash back card that comes with flexible rewards categories, making it more versatile than the Triangle® World Elite® Mastercard®. You can earn 2% cash back in up to three categories of your choice. Best of all, it comes with a generous welcome offer, which immediately maximizes your rewards potential. The Tangerine Money-Back credit card also has a low income requirement as compared to the Triangle® World Elite®.
Canadian Tire World Elite Mastercard vs Canadian Tire Triangle Mastercard
$198
First Year Value
$0
Annual Value
Welcome Bonus: Get exclusive bonus offers and earn even more CT Money when combined with Triangle Bonus Days, Spend-and-Get events and weekly flyer offers.
Get this card if you...
-
frequently shop at Canadian Tire stores
-
want to earn rewards without paying an annual fee
-
want to take advantage of the 0% financing option
Annual Fee & Annual Interest Rates
$0
Annual Fee
21.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
-
Our Take
Canadian Tire Triangle® Mastercard® ReviewThe Canadian Tire Triangle® Mastercard® is a no-annual-fee credit card that allows cardholders to earn Canadian Tire Money® (CT Money) on everyday purchases, with elevated rates at Canadian Tire and participating stores such as Sport Chek, Party City, and Mark's. It also offers benefits like savings on fuel at Gas+ and Petro-Canada locations, as well as access to promotional financing options for eligible in-store purchases, making it an ideal choice for frequent shoppers of Canadian Tire and its affiliated brands.
Eligibility
Good (620 - 670)
Recommended Credit Score
-
Pros
-
No annual fee
-
Up to 4% cash back on purchases
-
5¢ back per litre of fuel at select gas partners
Cons
-
Rewards are geared towards Canadian Tire brands
-
Existing customers note lackluster customer service support
-
Limited insurance coverage
-
-
Annual Interest Rates
21.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$4
Cash Advance
$25
Return Penalty
-
Rewards Triangle Rewards
4%
back in Canadian Tire Money (CT Money) at Canadian Tire, Sport Chek, Party City, Pro Hockey Life and more
1.5%
back in CT Money at grocery stores
0.5%
CT Money everywhere else you shop
5¢
per litre back in Canadian Tire Money every time you fill up at Gas+ and Petro-Canada locations
Our Take
The Canadian Tire Triangle® Mastercard® is a no-annual-fee credit card that allows cardholders to earn Canadian Tire Money® (CT Money) on everyday purchases, with elevated rates at Canadian Tire and participating stores such as Sport Chek, Party City, and Mark's. It also offers benefits like savings on fuel at Gas+ and Petro-Canada locations, as well as access to promotional financing options for eligible in-store purchases, making it an ideal choice for frequent shoppers of Canadian Tire and its affiliated brands.
Eligibility
Good (620 - 670)
Recommended Credit Score
Pros
-
No annual fee
-
Up to 4% cash back on purchases
-
5¢ back per litre of fuel at select gas partners
Cons
-
Rewards are geared towards Canadian Tire brands
-
Existing customers note lackluster customer service support
-
Limited insurance coverage
Annual Interest Rates
21.99% - 25.99%
Purchase
22.99% - 27.99%
Cash Advance
22.99% - 27.99%
Balance Transfer
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$4
Cash Advance
$25
Return Penalty
Rewards Triangle Rewards
4%
back in Canadian Tire Money (CT Money) at Canadian Tire, Sport Chek, Party City, Pro Hockey Life and more
1.5%
back in CT Money at grocery stores
0.5%
CT Money everywhere else you shop
5¢
per litre back in Canadian Tire Money every time you fill up at Gas+ and Petro-Canada locations
Canadian Triangle® World Elite® Mastercard® vs. Canadian Triangle® Mastercard®
If you’re considering both the Canadian Tire Triangle® Mastercard® and the Canadian Tire Triangle® World Elite® Mastercard® and you have a high annual income, you’re better off with the World Elite® as it comes with more perks for the same no annual fee benefit. But if you don’t meet the income requirements for the Triangle® World Elite® Mastercard®, then you can consider the Triangle® Mastercard® or other worthwhile no annual fee cards in Canada.
Is the Canadian Tire Triangle® World Elite® Mastercard® worth it?
The Canadian Tire Triangle® World Elite® Mastercard® is perfect for Canadian Tire and Triangle® store shoppers as you can accumulate CT Money on all of your regular purchases, without having to worry about an annual fee. Best of all, you get additional perks such as roadside assistance and 24-hour concierge services.
Canadian Tire Triangle® World Elite® Mastercard® eligibility criteria
To qualify for the Triangle® World Elite® Mastercard®, you’ll need a minimum $80,000in annual income or $150,000 in total household income.
Lubna Umar is an experienced writer in the field of personal finance, with over six years of expertise under her belt. Her portfolio features comprehensive guides on personal finance, mortgages, car insurance, and in-depth credit card reviews. Lubna has had the opportunity to work for several prominent brands in the finance sector, including RATESDOTCA, LowestRates, InsuranceHotline, and the Financial Post.
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