Triangle World Elite Mastercard Review

Before I get into my Triangle World Elite Mastercard Review, it’s worth noting that the Canadian Tire Corporation has updated how their loyalty programs work. Canadian Tire will still be handing out Canadian Tire Money (CTM), but by joining Triangle Rewards, you can maximize how you earn and redeem their CTM to get the most out of your purchases.

Canadian Tire Money is still the reward’s but triangle Rewards can now be collected online and in-store at Canadian Tire, Sport Chek, and at participating Mark’s, L’Équipeur and Atmosphere locations as well as on any fuel purchases at Gas+ and Essence+. 

Now let’s get into the details of the two new credit cards that Canadian Tire has introduced: The Triangle Mastercard and Triangle World Elite Mastercard.

Triangle World Elite Mastercard Review

Triangle Mastercard benefits

  • No annual fee
  • 4% back on qualifying  purchases made online and in-store at Canadian Tire, Mark’s, Sport Chek and Atmosphere
  • No fee, no interest financing for qualifying purchases over $200 at Canadian Tire, Mark’s, Sport Chek and Atmosphere
  • 5 cents back per litre at Gas+ / Esence+, and Husky 
  • 0.8% back everywhere else you shop with your Triangle Mastercard

Triangle World Elite Mastercard benefits

  • No annual fee
  • 4% back on qualifying  purchases made online and in-store at Canadian Tire, Mark’s, Sport Chek and Atmosphere
  • No fee, no interest financing for qualifying purchases over $200 at Canadian Tire, Mark’s, Sport Chek and Atmosphere
  • 3% back on grocery store purchases up to the first $12,000 in spend per year
  • 1% back on all other purchases
  • 7 cents back per litre on premium gas (where available) at any Gas+ location
  • Roadside Assistance Gold Plan
  • Purchase security and extended warranty

As you can see, both Triangle Mastercards have no annual fee, but the Triangle World Elite Mastercard offers superior benefits. Which card you qualify for is based on your income, so when you apply, you’ll be assigned the appropriate card.

Since this is a Triangle World Elite Mastercard Review, I’m going to assume you’re looking for the details of the higher end card. At face value, the 4% back in CTM / Triangle Rewards and 5 or 7 cents back per litre at any Gas+ location is quite appealing, but you need to consider how often you shop / fill up at those locations. The 3% back on groceries is also quite impressive. Canadian Tire has always been quite generous with their loyalty program, so this is definitely a win.

The Roadside Assitance Gold Plan is normally $99 if bought separately, but you get it free with the World Elite card.

Note that you can still earn Canadian Tire Money even if you don’t have one of the credit cards as long as you have the mobile app or a physical loyalty card. There is still no minimum amount of CTM required to make a redemption which is quite nice.

How the Triangle World Elite Mastercard compares to other cards

Despite the fact that your CTM / Triangle Rewards can be claimed at Canadian Tire, Sport Chek and participating Mark’s and Atmosphere stores, that’s still a limited amount of retailers where you can cash in your points. Now, if you shop at those stores on a regular basis, this card may very well be worth it.

A comparable credit card would be the PC Financial World Elite Mastercard where you earn 45 PC Optimum Points per $1 spent at Shoppers Drug Mart and 30 points where President’s Choice Products are sold. That works out to a 4.5% and 3% cash equivalent when redeeming points which is very similar to what the Triangle World Elite Mastercard is offering. Check out my PC Financial World Elite Mastercard review for the full details.

When compared to other credit cards with no annual fee, the Triangle World Elite Mastercard offers a decent amount of “cash-back” options and benefits. It really comes down to where you shop on a regular basis and what kind of rewards you like to redeem. Alternatively, you could look at one of the best travel credit cards in Canada since you can get huge signup bonuses.

The final word

I don’t love this card personally, but my Triangle World Elite Mastercard review is positive since this card is clearly aimed at people who are loyal to Canadian Tire. It’s definitely not a bad card, just make sure your spending aligns with the rewards you’re earning.

Best Credit Cards Canada


By |2018-10-03T10:10:02+00:00April 9th, 2018|Credit cards, Personal Finance|

4 Comments

  1. Max Eido June 7, 2018 at 7:23 pm - Reply

    Yes awesome credit card, one of the best out there but the customer service is pathetic to say the list. I cancelled mine today in protest to inept customer service and ridiculous attitude

  2. Joephus July 4, 2018 at 2:53 pm - Reply

    I got the World Elite.

    You forgot to mention that you are able to do a 24 month no-fee financing over $200 at CT, Sport Check, Marks, and Atmosphere. This was a big selling point for me because I can buy a lot of home products at CT at financing but I’m also into sports; so buying sports gear like snowboarding and clothing at SportCheck and be able to finance over 24 months is IMO a selling point!

    Also with the WE, the Roadside Assistance Gold Plan costs $99 separately which should also be noted. That’s another great benefit that should be looked at and what it offers to you.

    Also note that the Triangle app and in store offers have things like “Buy $50 worth, get $10 back” “Get 20x the points/Get 30x the points”. I’ve only used my card for a month and I already have $40 worth of points!

    All these at $0 yearly fee, it’s a great card.

    • Joephus July 4, 2018 at 2:55 pm - Reply

      Oh and with the World Elite, I get first priority in Customer Service calls. There is also the concierge service so you can reserve restaurants and things.

      • Barry Choi July 4, 2018 at 3:02 pm - Reply

        Joephus,

        Great points, I’ll update my post now.

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