Canadian Tire money

Canadian Tire money
argent Canadian Tire (French)
5¢, 10¢, 25¢, 50¢, $1, & $2 Canadian Tire coupons
Unit
Symbol$
Denominations
Banknotes5¢, 10¢, 25¢, 50¢, $1 & $2
Coins$1
Demographics
User(s)Canadian Tire customers and other businesses in Canada
Issuance
Central bankCanadian Tire
PrinterCanadian Bank Note Company & British American Banknote Company.
MintRoyal Canadian Mint (1 Dollar coin only)

Canadian Tire money, officially Canadian Tire 'money'[1][2] or CTM, is a loyalty program operated by the Canadian retail chain Canadian Tire Corporation (CTC). It consists of both paper coupons introduced in 1958 and used in Canadian Tire stores as scrip, and since 2012 in a digital form introduced as Canadian Tire Money Advantage, rebranded in 2018 as Triangle Rewards. Both forms of the loyalty program remain current as of December 2022. Canadian Tire Money has been noted as the most successful loyalty program in Canadian retail history.[3]

Canadian Tire Money is denominated in Canadian dollars. It is earned based on the pre-tax amount of a purchase, excluding labour and shop supplies costs. The initial rate earned was 5% of the eligible purchase price, but it was lowered to 3%, then to 1.4% and now is 0.4%.

When used to pay for merchandise, CTM is considered to be a cash equivalent and may be used to pay for any part of a purchase, including sales taxes. CTM cannot be exchanged for real Canadian currency.

  1. ^ "Collecting & Redeeming Canadian Tire Money®". Canadian Tire. Retrieved July 7, 2021.
  2. ^ "Triangle Rewards FAQ". Canadian Tire. Retrieved July 7, 2021.
  3. ^ Cite error: The named reference numisMagP64 was invoked but never defined (see the help page).