How much is the value of 5,000 CanadianTire Dollars points?

Redemption Option	Average Value
Use in CanadianTire	100¢ / point

Best Credit Cards for the CanadianTire Dollars Loyalty Program

These credit cards will give you the most rewards and benefits to optimize for CanadianTire Dollars points

Triangle World Elite Mastercard

3.2

Finly Rating

APPLY NOW

go to Canadian Tire's website

Welcome Bonus

N/A

First Year Value

$304.5

Based on $2,000/mo spending. Calculate your rewards

Annual Fee

$0

Interest Rates

21.99% / 22.99%

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

This card is the only one with no annual fee that provides a roadside assistance benefit, which can be a lifesaver for people who travel on the road a lot. The main reason to apply for this card is to have free access to this benefit, given that the rewards are not great in most categories (except for Canadian Tire and grocery purchases).

Pros & Cons

Pros

The only credit card in Canada that offers the highly valuable benefit of roadside assistance!

Cons

This card has a very low acceptance rate based on prior user applications.
It's not a great option to have as your primary credit card, either in terms of rewards or benefits. However, it's a good card to complement your other credit cards.

Card Details

Rewards

4% back in CanadianTire dollars on almost everything at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Party City, Pro Hockey Life, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey, and participating Sports Experts stores
3% back in CanadianTire dollars on Groceries (Max 360) Except Costco and Walmart
1% back in CanadianTire on all other purchases

Insurance

Coverage

Purchase Protection
Up to 90 days
Car Rental Damage & Theft
31 days

Benefits

Details

Gas Discount
Save 7¢/L on premium fuel and 5¢/L on all other fuel types at Gas+ and Petro-Canada locations on gas
Concierge Services
Roadside Assistance
Roadside Assistance Gold Plan: With the Triangle World Elite Mastercard Roadside Assistance Gold Plan, you get towing distance of up to 250 km per service call to the destination of your choice (within Canada or the US)

Eligibility

Credit Score
Excellent
Annual Income
$80,000 personal or $150,000 household

Triangle Mastercard

3

Finly Rating

APPLY NOW

go to Canadian Tire's website

Welcome Bonus

N/A

Rewards Rate

0.5x - 4x CanadianTire Dollars

Annual Fee

$0

Interest Rates

20.99% - 25.99% / 22.99% - 27.99% (for Quebec 21.99%)

RECOMMENDED CREDIT SCORE

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Our Take

The Triangle Mastercard is an excellent choice for loyal Canadian Tire shoppers, offering high rewards at their stores and a decent grocery cash-back rate. However, it falls short in other spending categories, offers no insurance, and the rewards can only be redeemed at Canadian Tire locations. If you’re not frequently shopping at these stores, there are better no-fee alternatives available.

Pros & Cons

Pros

High rewards at Canadian Tire: 4% back on pre-tax purchases at Canadian Tire stores.
1.5% on groceries: Offers a decent return on grocery purchases with no annual fee.
No annual fee: Makes it easy to keep in your wallet without any cost.
No income requirement: No specified income threshold, making it accessible.

Cons

Low rewards elsewhere: Only 0.5% back on purchases outside of Canadian Tire and grocery stores.
Limited rewards redemption: Rewards are restricted to use within Canadian Tire's family of stores.
No insurance coverage: Unlike other credit cards, this one does not include purchase protection or extended warranty.

Card Details

Rewards

4% back in CanadianTire dollars on almost everything at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Party City, Pro Hockey Life, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey, and participating Sports Experts
1.5% back in CanadianTire dollars on eligible grocery purchases (on the first $12,000 per year; excludes Costco and Walmart)
0.5% back in CanadianTire on all other eligible purchases

Benefits

Details

Gas Discount
Save 7¢/L on premium fuel and 5¢/L on all other fuel types at Gas+ and Petro-Canada locations on gas

Eligibility

Credit Score
Very Good
Annual Income
N/A

Best Credit Cards for the CanadianTire Dollars Loyalty Program

CanadianTire Dollars Program Breakdown

CanadianTire Dollars Points Value in Increments

	Optimal Redemption Value 100¢ / point		Optimal Redemption Value 100¢ / point
1 point	$1	60,000 points	$60,000
10 points	$10	65,000 points	$65,000
100 points	$100	70,000 points	$70,000
1,000 points	$1,000	75,000 points	$75,000
2,500 points	$2,500	80,000 points	$80,000
5,000 points	$5,000	85,000 points	$85,000
10,000 points	$10,000	90,000 points	$90,000
15,000 points	$15,000	95,000 points	$95,000
20,000 points	$20,000	100,000 points	$100,000
25,000 points	$25,000	125,000 points	$125,000
30,000 points	$30,000	150,000 points	$150,000
35,000 points	$35,000	200,000 points	$200,000
40,000 points	$40,000	250,000 points	$250,000
45,000 points	$45,000	500,000 points	$500,000
50,000 points	$50,000	750,000 points	$750,000
55,000 points	$55,000	1,000,000 points	$1M