Canadian Tire Financial Services - MasterCard

MasterCard

In 1995, the Canadian Tire Options MasterCard was issued nationally with a reward program with Canadian Tire ‘Money’ and a discount on gas based on the previous month’s purchases. In 2008, the card was embedded with PayPass Technology and is now issued by Canadian Tire Bank.

In 2006, the Cash Advantage MasterCard was placed into pilot. Its reward program allows cardholders to earn up to 1.5% cash back based on the amount of eligible annual purchases made on their card. In 2007, the Vacation Advantage MasterCard was created with cardholders rewarded with points that could be redeemed for any vacation related purchase.

In 2009, the no fee Curve MasterCard was first issued nationwide, so named as its shape is a distinct curved. Its reward program allows cardholders to earn up to 3.5% cash back based on the amount of eligible annual purchases made on their card. Cardholders can earn double cash back at Canadian Tire and Mark's Work Wearhouse stores. In late 2010 both the Vacation Advantage and Curve MasterCards have been removed from Canadian Tire's credit portfolio.