Canadian Tire Cash Advantage Mastercard
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Card Details
Annual Rewards
$239.25
First Year Bonus
$0
Annual Fee
$0
First Year Value
$239.25
Interest Rates
Cash Advance: 22.99%, for Quebec 21.99%
Purchase: 21.99%
Annual Fee
$0
Annual Income
Personal: N/A
Household: N/A
Credit Score
Very Good
Welcome Bonus
N/A
Card Type
Reward: Points
Loyalty Program: CanadianTire Dollars
Our Rating
1.8/5
Institution
Canadian Tire
Rewards
- 0.25% cash back up to $1,500 spent per year
- 0.5% cash back between $1,500 to $3,000 spent per year
- 1% cash back between $3,000 and $24,000 spent per year
- 1.5% cash back over $24,000 spent per year
- 2x cash back (from brackets above, up to 3%) on purchases at CanadianTire stores, Canadian Tire gas bars, and Marks
CanadianTire Cash Advantage Mastercard Cash Back Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
others
$221.25
All other purchases
$18
Net Annual Rewards
$239.25
Rewards Summary
Net Annual Rewards
$239.25
Welcome Bonus
$0
First Year Value
$239.25
Pros & Cons
Pros
- High cash back potential at Canadian Tire: Earn double cash back (up to 3%) on purchases at Canadian Tire and associated stores.
- No annual fee: You can enjoy cash back rewards without paying a fee to keep the card.
- No fee financing at Canadian Tire: Interest-free financing for 12 months on purchases over $200 at Canadian Tire stores.
Cons
- Complicated tier system: Rewards increase with spending, but you start with a low 0.25% cashback rate.
- Limited rewards at non-Canadian Tire stores: The base earn rate is quite low at 0.25%–1.5%.
- No insurance included: The card lacks any insurance coverage, which is commonly found on many other cards, even those without annual fees.