Triangle World Elite Mastercard Review



Annual Fee


Annual Rewards


Intro Offer


Annual fee


Annual rewards


Intro offer


  • Earn Canadian Tire Money faster, with up to 4% rewards rate at participating retailers
  • No annual fee
  • Roadside Assistance Gold Plan included for free
  • Worldwide annual travel insurance coverage up to $500,000
  • Unlimited spending capacity on gas and groceries
  • 3% cashback on groceries, 5 cents per litre on gas at participating stations


  • Limited acceptance outside of the Triangle family of retailers, where rewards rates are significantly lower
  • No low-interest rate or balance transfer options
  • International transaction fee of 2.5%
  • No additional cardholders benefits like airport lounge access or travel upgrades
  • Limited availability, primarily only for Canadian Tire customers
  • Benefits may not be as valuable for non-frequent Canadian Tire shoppers

Performance test results

At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.

You can see our full testing methodology here to learn why we’re the most trusted source for credit card reviews.

The Triangle World Elite Mastercard has earned a 4.76 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).




Interest rates




The highest scoring categories for the Triangle World Elite Mastercard are fees and rewards.

These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.

This weighting allows us to judge cards on their merits and the customers they are designed for.

For the Triangle World Elite Mastercard the most important factors for scoring this card are its fees and rewards.


With the Triangle World Elite Mastercard, here’s the rates at which you earn rewards for different spending categories per dollar you spend:

Bills1 point
Pharmacy1 point
Gas1 point
Groceries3 points
Restaurants1 point
Specific Stores3.59 points
Travel1 point
All Other Spend1 point

Calculating your annual rewards

We estimate that spending $2,000 per month with the Triangle World Elite Mastercard would earn $579 in rewards over the year.

Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.

We found that you’d earn this per category:

Specific Stores$64
All Other Spend$249

Our study investigating the value found that each dollar spent on the Triangle World Elite Mastercard is worth up to $0.01, depending on how you redeem.

This $579 in rewards value puts the Triangle World Elite Mastercard in the top 20% of credit cards in Canada based on rewards earned.

The average credit card in our database earns $337 in rewards for the same spend that the Triangle World Elite Mastercard earns $579 in rewards value.

We can compare this card to other options by looking at the earn rate by category.

This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.

For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.

In this example, that’s a 10% earn rate on gas.

SpendThis CardAverage
Above, we’ve calculated the earn rate for the Triangle World Elite Mastercard for every spend category and compared it to the average for all Canadian credit cards.
Redemption methodAnnual rewards
Triangle (Canadian Tire)$579

For an annual spend of $24,000, we estimated annual rewards value at up to $579.

That’s equivalent to a 2.41% return on spending.

The Triangle World Elite Mastercard has an annual fee of $0. After deducting this, we predicted net annual rewards of $579.

This puts it in the top 10% of credit cards for net rewards after fees.

In comparison, the average card earns net annual rewards of $254.


The Triangle World Elite Mastercard has a $0 annual fee.

The average card charges $85. So, the Triangle World Elite Mastercard is in the bottom 50% of cards based on the cost of the annual fee.


We manually review the perks of each credit card to determine how they compare to other cards.

The Triangle World Elite Mastercard scored a 1.2 out of 5 for perks, putting it in the bottom 50% of cards.

The average card scores 1.6 out of 5 for perks.

Interest Rates

Cash Advance22.99%
Balance Transfer22.99%

The average (median) credit card has a purchase interest rate of 19.99% and so the Triangle World Elite Mastercard charges {{purchase_interest_diff}} than the average.

For cash advances it costs 22.99% compared to the average of 19.96%.

Testing the Triangle World Elite Mastercard with a $2,000 starting balance, you can see in the graph how the {{purchase_interest_diff}} in interest rates impacts the interest over a year, compared to the average card.

Insurance coverage

InsuranceThis CardAverage
Extended Warranty1 year1 year
Purchase Protection90 days90 days
Rental Car Theft & DamageYesNo

We scored it 0.0 out of 5 for insurance.

It offers 3 types of insurance, whereas the average card has 5 types of coverage.

Approval and qualifying

Do I qualify?
Estimated Credit Score760 – 900
Personal Income$90,000
Household Income$150,000
Annual Fee$0
Extra Card Fee$0
Card typeMasterCard

We scored it 2.5 out of 5 for approval.

We predict that you will require a credit score of at least 760 to qualify for the Triangle World Elite Mastercard, while the average card requires 652 to qualify.

This puts it in the top top 10% of cards by approval difficulty.

The personal income requirements are $90,000, while the average card requires $23,896.

This puts it in the top 10% of cards by the income required to qualify.

The Triangle World Elite Mastercard credit card is a versatile and attractive option for Canadians who want to earn rewards on their purchases. In this review, we’ll explore its earning potential, benefits, and drawbacks to help you decide if it’s the right card for you.

Earning potential

The Triangle World Elite Mastercard earns Canadian Tire Money (CTM) on a variety of purchase categories. Cardholders can earn 4% in CTM on eligible grocery store purchases, 3% in CTM on purchases made at participating Canadian Tire Corporation retailers, and 5 cents per litre in CTM on gas purchases at participating gas stations.

Additionally, cardholders earn 1% in CTM on all other eligible purchases made with the card.


  1. No Annual Fee: One of the most appealing features of the Triangle World Elite Mastercard is the absence of an annual fee. This means that cardholders can enjoy the benefits of this card without having to pay an extra cost each year.
  2. Roadside Assistance: Another major advantage is the included roadside assistance membership with Gold Plan coverage. This provides peace of mind for potential car troubles and makes the Triangle World Elite Mastercard a great option for frequent drivers.
  3. Earn CTM Faster: With competitive earn rates on groceries, gas, and Canadian Tire Corporation purchases, cardholders can accumulate Canadian Tire Money at a much faster rate compared to using a standard loyalty card.
  4. Financing Offers: The Triangle World Elite Mastercard also offers attractive financing plans such as the ability to defer payments on qualifying purchases at participating Canadian Tire stores. This offers financial flexibility for cardholders who want to spread out payments over a longer period.


  1. Limited Rewards Redemption: One significant drawback of this card is that the rewards can only be redeemed for goods and services at Canadian Tire Corporation retailers, which may not be ideal for those seeking more flexibility in their rewards redemption options.
  2. Credit Requirements: Another important drawback is the Triangle World Elite Mastercard carries stricter credit requirements than many other rewards cards. Potential applicants may find it more challenging to be approved due to their credit score or financial history, limiting access to this card’s benefits.

Additional information

While this card may not be the perfect fit for everyone, it is a viable option for frequent visitors to Canadian Tire Corporation stores and those who spend heavily on groceries and gas.

The inclusion of roadside assistance, the absence of an annual fee, and strong earning rates make the Triangle World Elite Mastercard worth considering, particularly for those interested in amassing Canadian Tire Money quickly.

Not the right fit? You could consider the Stack Prepaid Mastercard. Or, if you’re looking for other options check out the Vancity enviro Gold Visa (Low Rate Rewards), and the Walmart Rewards World MasterCard.


With the Triangle World Elite Mastercard, you can redeem your points for a variety of rewards, such as:

  • Canadian Tire Money: Convert your points to Canadian Tire Money which can be used at any Canadian Tire store or Gas+ station.
  • Merchandise and Gift Cards: Redeem your points for a wide selection of merchandise and gift cards from the retailer’s rewards catalogue, including electronics, appliances, travel accessories, and more.
  • Travel Rewards: Use your points to book flights, hotels, car rentals, and vacation packages through the Triangle Rewards travel platform.
  • Experiences: Redeem your points for unique experiences and events, such as concerts, sporting events, or exclusive dinners.
  • Charitable Donations: Choose to donate your points to a charity supported by the Triangle Rewards program.

The Triangle World Elite Mastercard credit card does not charge any foreign transaction fees. This means that when you make purchases outside of Canada or in a foreign currency, you won’t incur additional charges or fees on those transactions.

The Triangle World Elite Mastercard has a minimum income requirement of $80,000 for individual applicants or a combined household income of $150,000 for joint applicants to be eligible.

Key benefits

  • Earn up to 4% in Canadian Tire Money on purchases
  • Enjoy $0 annual fee
  • Receive complimentary Roadside Assistance Gold Plan
  • Benefit from up to $500,000 in worldwide travel insurance
  • No spending limits on gas and groceries
  • Obtain 3% cashback on grocery spending and 5 cents/litre on gas at select retailers
  • Limited utility beyond Triangle retailers
  • Lacks balance transfer and low-interest rate options
  • International transactions incur 2.5% fee
  • Excludes typical premium cardholder perks
  • Designed mainly for Canadian Tire customers
  • Less appealing rewards for infrequent Canadian Tire shoppers

About The Author