Canadian Tire · Mastercard
Best for Canadian Tire regulars
4% back at Canadian Tire and Sport Chek with no annual fee, and Canadian Tire Money is worth a full dollar on the dollar. Useless if you do not shop there.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- No annual fee
- 4% in CT Money at Canadian Tire, Sport Chek, Mark's, Atmosphere and Party City
- CT Money redeems at a full dollar per dollar, with no devaluation risk
- 3% on groceries up to $12,000 a year
- Roadside assistance and 24/7 concierge on a free card
- Interest free financing on purchases over $150 at participating retailers
Watch out for
- CT Money can only be redeemed in store. Canadian Tire says redemption is not available online
- The 4% only works at Canadian Tire owned banners, and 1% everywhere else is poor
- $80,000 personal or $150,000 household income for a store card
- Gas bars earn per litre instead of the percentage rate, so fuel does not stack with the 4%
- Canadian Tire publishes no NSF fee, no balance transfer terms and no insurance limits on its public site
- Three welcome offer pages are still live with 2025 expiry dates and none of them names the World Elite
What this card earns
- Groceries
- 3%
- Everything else
- 1%
- Bonus rates apply up to
- $12,000 of annual spending after that, the base rate
The earning fine print
4% in Canadian Tire Money at Canadian Tire, Sport Chek, Mark's, Atmosphere, Party City and the hockey banners. Our data model has no store category, so that 4% does not appear in the rate columns above and you should read it here instead. Groceries earn 3% on the first $12,000 of grocery spending in a calendar year and then 1%, at stores coded as grocery, excluding Walmart and Costco. Everything else earns 1%. GAS IS DELIBERATELY BLANK. Gas+ and Petro-Canada earn 5 cents a litre, or 7 cents on premium, rounded down to the whole litre, which cannot be expressed as a percentage. Gas bar purchases earn per litre INSTEAD of the percentage rates, not on top.
Fees and interest rates
- Annual fee
- None
- Foreign transaction fee
- 2.5%
- Cash advance fee
- $10
- Purchase APR
- 21.99%
- Cash advance APR
- 22.99%
Who can get this card
- Minimum personal income
- $80,000
- Minimum household income
- $150,000
Insurance and benefits
- Rental car damage waiver
- Included
- Purchase protection
- Included
- Extended warranty
- Included
- Concierge
- Included
What the benefits really mean
Insurance dollar limits are not published anywhere public. Canadian Tire says the certificate of insurance comes in the welcome kit, so we can confirm rental car, purchase security and extended warranty exist but not what they pay. There is no travel medical. Quebec residents pay 21.99% on cash advances rather than 22.99% and get 26 days between statement and due date.
Our verdict
If you are the sort of household that spends real money at Canadian Tire and Sport Chek every year, 4% back with no fee is hard to argue with, and CT Money holds its value at a dollar per dollar rather than floating like a points programme.
Everyone else should look elsewhere. The 1% base rate is below average, the rewards only spend in one company's stores and only in person, and asking $80,000 of income for a retail card is steep. It is a second card for a specific shopper, not a main card.
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Where this came from. triangle.canadiantire.ca product page, program rules, additional program information page. We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.