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Canadian Tire money, officially Canadian Tire 'money' [1] [2] or CTM, is a loyalty program operated by the Canadian retail chain Canadian Tire Corporation (CTC). It consists of both paper coupons introduced in 1958 and used in Canadian Tire stores as scrip, and since 2012 in a digital form introduced as Canadian Tire Money Advantage, rebranded in 2018 as Triangle Rewards.
In 1995, the bank issued the Canadian Tire Options MasterCard nationally with a reward program for purchases of products from Canadian Tire and, later, launched its Gas Advantage MasterCard product whereby the cardholder earned a tiered discount of 2–10¢ (in Canadian currency) per litre on gasoline purchases from Canadian Tire based on the previous month's gas purchases. [9]
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Canadian Tire is a Canadian retailer that opened its first store in Hamilton, Ontario in 1934. In 2001, it opened its online e-commerce website, and by that same year, its net earnings had reached C$176.7 million, had 450 stores, and its financial arm had issued over 400,000 credit cards.
Accepted payment methods. Credit or debit cards. American Express. Visa (credit or debit) Discover (credit or debit) MasterCard (credit or debit) PayPal (for most online purchases) Direct debit is no longer available for active accounts, however, it can be used to pay past due balances, with a $7 fee.
In November 2000, Canadian Tire introduced an online retail operation. On January 1, 2009, citing consumer disinterest in online shopping compared to its physical stores, the Company discontinued online sales. [43] On November 1, 2013, Canadian Tire returned to online shopping with delivery to stores. [44]
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