Canadian Tire MasterCard

The world is driven by money. Every thing that we do and everything that we need are matched with money. Since money is already a necessity in this world, Canadian Tire saw this as an opportunity to help their countrymen in giving them financial security when fortuitous events occur. They established Canadian Tire Financial Services to provide this service.

Canadian Tire Financial Services is a subsidiary of Canadian Tire which is the largest gas station chain in Canada. Canadian Tire Financial Services started in 1961 as a small financial company which is based in Welland, Canada. The company grew into one of the largest companies in Canada that offer credit cards, insurances, personal loans, and mortgages. Canadian Tire Financial Services employs more than 50,000 workers in the country and has additional offices in St. Catharines and Burlington.

The major financial product being offered by this Financial Services is its credit cards. The MasterCard with the Canadian Tire theme has been issued nationwide in 1995. Their credit cards offer rewards and benefits to their cardholders. Cardholders can earn money points, cash backs, or gas discounts when they get their MasterCard with this Financial Services. In addition, their credit cards has a PayPass technology that allows Canadian to tap up when they are paying their bills instead of swiping it making transaction fast and efficient.

The Canadian Tire Financial Services offer an array of insurances that suit the lifestyle of every Canadian. Life Insurance is one of those. It is offered to provide people protection in the event that accident came resulting to death which gives beneficiary a tax-free lump-sum money at an affordable price. Other insurances Canadian Tire Financial Services offered are Travel Insurance to protect people when they are on vacation, Accident Plus which can give people up to $200,000 to cover medical expenses and lost of income once when a person had an accident and got hospitalized, and credit protector to help people pay their credit card debts if ever they lost their jobs.

In 1995, This  Financial Services engaged in banking and offers non-deposit products. In 2006, it broke the traditional banking services by providing banking services over the phone and online. However in 2009 they sold their lending portfolio to National Bank of Canada making them to stop mortgage offers. Currently, their banks offer a high interest savings account, tax free savings account, and guaranteed investment certificates. They are also an active member of the Canadian Franchisee Association. There are other products and services that are not mentioned being offered by Canadian Tire Financial Services. To get further information, just visit their website.

Protecting ourselves from any unfortunate events is a must, especially in today’s world where everything is uncertain. However, we must choose a company that can really provides as the services that we need in our daily course of life. Canadian Tire Financial Services is one of the best companies that you will ever know that can provide what you are looking for to a financial company.

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