Triangle MasterCard review 2022
Consider applying for one of Canadian Tire’s well-known credit cards if you enjoy accumulating CT Money and going there for your shopping.
When you purchase online and in-store at Canadian Tire store locations, the Triangle Mastercard and its premium version, the Triangle World Elite Mastercard, increase the CT Money you earn.
Additionally, you may save money with these cards at petrol stations linked with Canadian Tire, such as Gas+ and certain Husky stores.
Is Triangle MasterCard an actual credit card?
Yes. The Triangle MasterCard may be used to make purchases wherever Mastercards are accepted. When you apply for the card, you will be given a specific credit limit.
The Triangle Mastercard is simple, and the entire application may be completed online in just a few minutes. You must provide your name, address, social security number, and other personal data on the form. Applying for the card doesn’t require a minimum credit score or yearly income.
The Triangle Mastercard may be simple to apply for, but that doesn’t always mean it’s the best card for you.
What credit limit do you need for Triangle MasterCard? Triangle MasterCard credit score requirements
Your credit score, credit history, and any payment history you may have with other Canadian Tire credit cards all play a role in determining the cap on your Triangle Mastercard. You’ll be informed of your limit when your card application is accepted.
You should contact CTFS toll-free to raise the cap on your Triangle Mastercard. Your credit limit will be determined with the assistance of their customer service representatives.
Is Triangle MasterCard good?
Although it’s a respectable card to carry in your wallet, the Triangle Mastercard isn’t as useful as other Canadian credit cards.
The Triangle Mastercard is something to consider if you find it challenging to meet the high-income requirements for the Triangle World Elite.
Nevertheless, alternative credit card choices have no annual fees and provide more benefits and flexibility.
What are the benefits of a triangle MasterCard?
What precisely can you get with the Canadian Triangle Mastercard, then?
- Zero-cost financing
No fee financing is an advantage available to Triangle Mastercard cards. With this feature, you may choose to pay back “qualified” purchases (minimum $150) made at Canadian Tire and allied retailers (physical and online) in monthly installments without incurring any fees or interest.
To avoid incurring interest for failing to make the required minimum payment by the deadline, make sure to do so. Your card’s APR will determine the interest rate, and you will be charged interest starting from the day you made the transaction.
- Paying bills
A feature not often accessible with a straightforward cashback card is the ability to pay your payments, such as property taxes, water bills, education costs, and insurance premiums, through the Canadian Tire Bank. You can also qualify to get CT Money regularly by using your credit card to pay those expenses.
If you want to choose this option, be sure you can pay off your debt in full each month and not carry a balance since you will be subject to high-interest rates.
- Concierge Service
Canadian Tire Travel Mastercard assists you in making plans for travel, entertainment, shopping, and business through Mastercard’s “concierge service.” The concierge service also offers medical support, enabling you to schedule appointments, visitations, and medication refills.
Additionally, the cardholder can contact to arrange emergency medical transportation, which is helpful for international travel.
Is there an app for Triangle MasterCard?
The Triangle App can be downloaded free, but regular phone carrier message and data fees might be charged.
Triangle MasterCard interest rate
The Triangle Mastercard’s attractiveness partly stems from the absence of an annual charge. Although your credit score may affect it, the average purchase APR is 19.99 percent (excluding cash transactions and associated costs).
The balance transfer APR is 22.99 percent, while the cash advance APR is 21.99 percent for Quebec residents (21.99 percent for residents of Quebec).
Food For Thought
The Canadian Tire Triangle Mastercard is a straightforward, fee-free credit card that provides 4% cash back at Canadian Tire and 5% per-liter gas savings at Canadian Tire gas stations.
The card, however, falls short in several crucial areas and does not offer the significant incentives and perks offered by other Canadian cards.