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Home >> Personal Finance >> Canada Credit Cards >> Issuers >> Canadian Tire Options MasterCard

Canadian Tire Options MasterCard

The Canadian Tire Options MasterCard is a retail credit card that is issued by Canadian Tire. This card is popular among people who just love to shop. Canadian Tire Options MasterCard credit cards are accepted worldwide at millions of retail outlets.

Canadian Tire Options MasterCard: Features

The prominent features of the Canadian Tire Options MasterCard include:

  • Cash advance fee: A fee of $4.00 for every cash advance. Interest is charged on the cash advances, till the cardholder repays it along with the interest accrued.

  • Annual Percentage rate (APR) on cash withdrawal. Balance transfer can vary from 10.99% to 25.99%

  • Grace period of 21 days.

  • Monthly premium of $1.1 for every $100 of outstanding balance.

  • Minimum Credit Limit of $300.

  • No annual fee

  • Payment due date can range from 21 to 26 days. It might vary if holidays and weekends are taken into consideration.
  • Canadian Tire Options MasterCard: Benefits

    Apart from providing access to inexpensive shopping options, Canadian Tire Options MasterCard credit cards also boast:

    • Cash Advance: Cardholders can avail cash advances at any Automated Bank Machine (ABM) that has the official logo of MasterCard or Cirrus.
    • Security: The MasterCard SecureCode protects cardholders from web based fraud.
    • Four ways to make bill payments: Cardholders can pay bills at Canadian Tire stores, at their bank, through the mail or via epost.
    • Additional savings: Cardholders can save money on specific Canadian Tire flyer items.
    • Cardholders can use the facility of online account inquiry free of cost.
    • Supplementary cards are issued without any charge.

    Canadian Tire Options MasterCard: Reward Program

    Cardholders of the Canadian Tire Options MasterCard earn Canadian Tire money for every card transaction done at Canadian Tire stores and gas bars or retail outlets that accept MasterCard. This money can be exchanged for rewards at Canadian Tire stores.

    Canadian Tire Options MasterCard: Application Requirement

    Any Canadian citizen within the age bracket of 18 to 65 years and an annual income of $12,000 can apply for a Canadian Tire Options MasterCard. To apply for the credit card, one needs to visit a Canadian Tire store or Canadian Tire Gas Bar or simply fill in the application form online.

    ‘Canadian Tire’ and ‘Canadian Tire Options MasterCard’ are trademarks of Canadian Tire Financial Services, who can be found at www.ctfs.com