In-store Financing


with the Canadian Tire Options® MasterCard®and Canadian Tire Options® World MasterCard®
Use your existing Canadian Tire Options MasterCard or Options World MasterCard or Apply Now1 and shop online today.

Ask in-store about no interest financing plans for all of your major purchases*. Just another benefit of being a cardmember. Financing also available on the Canadian Tire retail credit card, Options Visa**, Gas Advantage® and Cash Advantage® MasterCard.
Enjoy NO fee , NO interest with 12 equal monthly payments when you spend $200 or more* at Canadian Tire when using your Options MasterCard or Options World MasterCard.
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There is no administration fee charged for entering into a special payment plan. Other fees can be charged in connection with the use of your credit card account such as an overlimit fee if you exceed your credit limit.

* "Equal payments, no interest" for 12 months is only available on request, on approved credit with a Canadian Tire branded MasterCard and all purchases at Canadian Tire of $200 or more (excluding gift cards). Interest does not accrue during the period of the plan. However, if we do not receive the full minimum due on a statement within 59 days of the date of that statement, or any event of default (other than a payment default) occurs under your Cardmember Agreement, all special payment plans on your account will terminate and (i) you will then be charged interest on the balances outstanding on such plans at the applicable regular annual rate from the day after the date of your next statement, and (ii) the balances outstanding will form part of the balance due on that statement. Not available on purchases using a Low Rate Options® MasterCard. Each month during an equal payments plan you are required to pay in full by the due date that month’s equal payments plan instalment. Any unpaid portion not received by the due date will no longer form part of the equal payments plan and interest will accrue on that amount from the day after the date of your next statement at the applicable regular annual rate.

Additional information for residents of Quebec only:

The regular annual rate for persons applying for the Options MasterCard is 21.99% for cash advances and related fees and 19.99% for all other charges. Some applicants may receive a higher or lower regular annual rate depending on a credit evaluation. The minimum payment is the sum of (a) interest and fees shown on your statement, (b) the greater of any amount past due or any balance over your credit limit, (c) the amount of any equal payments plan installments then due, and (d) $10. Balances under $10 are due in full. For residents of Quebec, the period between the statement date and the due date for payment is 26 days. The billing period covered by each statement can be from 28-33 days. The Options MasterCard does not have an annual fee. Examples of borrowing costs (rounded to the nearest cent) assuming that all charges are purchases bearing interest at the regular annual rate of 19.99%, a 30 day month, no charges made on special payment plans and no other additional payments or other changes are:

If your average balance is:





Total monthly credit charges will be:





1 Additional Information for the Canadian Tire Options MasterCard:

Annual Interest Rate(s):

All charges to your account (excluding cash advances and related fees) — 19.99%
Cash advances and related fees — 21.99%

If you are not approved for a card at the above rates, Canadian Tire Bank may still issue you a card at an annual interest rate of — 25.99% for all charges (excluding cash advances and related fees) and 27.99% for cash advances and related fees.

Foreign Exchange Conversion: All transactions made in a foreign currency will be converted to Canadian currency at the then current MasterCard conversion rate plus 2.5% (for charges to your account) or minus 2.5% (for credits to your account) when the transaction is posted to your account.

Annual Fee: None

Other Fees:

Cash Advance Fee: $4 - Charged when the transaction is posted to your account.

Overlimit Fee: $29 - Unless you reside in Quebec, we will charge you an overlimit fee of $29.00 if on a statement date your balance exceeds your credit limit and your balance is equal to or more than $2,000.00. However, for determining whether you must pay an overlimit fee, we will not include in that balance any amounts that have been billed on that statement for interest charges, or for credit insurance on your account that is offered by us or one of our affiliates.

NSF/Dishounoured Payment Fee: $25 - Charged if a payment you make is dishonoured.

Charges for Copies: $2 - Charged when you request a copy of a statement or sales slip.

Credit Balance Fee: The lesser of $10 or the amount of your credit balance. - Charged on the last day of a billing period when there is a credit balance on the account and the account has been inactive for the previous 12 billing periods.

®/TM Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under licence.

®/TM Mastercard, World MasterCard, and the MasterCard Brand Mark are registered trademarks, and PayPass is a trademark, of MasterCard International Incorporated.

**Visa Int./Lic. User


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