Taking a few minutes to go about sizing up the Canadian Tire credit card will quickly show anyone considering applying for the card that it offers quite a few features and benefits that can make it a good candidate for a primary card. This particular card is one of those “reward” cards, and it is relatively generous in the kinds of rewards it returns to those people who make use of the MasterCard, by the way.

As was said, this particular card offered by Canadian Tire is a MasterCard, and in terms of a good Canadian credit card it certainly works hard to meet that definition. The parent company, Canadian Tire Financial Services, offers a wide variety of branded credit cards from MasterCard, including the Options card, which allows the user to earn what the company calls Canadian Tire money rewards anywhere it's used to purchase goods and services.

The Canadian Tire credit card is a “no annual fee” credit card, which is an attractive feature in and of itself. It also enjoys worldwide acceptance as a member of the MasterCard network with all of the full MasterCard member benefits that are extended as being one of a number of participants in that venerable network. This includes the ability to take cash advances at any automated bank machine (ABM) that features the MasterCard or Cirrus logo.

Another type of Canadian Tire credit card is the Cash Advantage MasterCard. This card offers the ability to get up to 1.5% cash back on all eligible and qualifying purchases and up to 3% cash back when the card is used at any Canadian Tire store. It also sets no annual limit on cash back rewards along with No annual fee.

Any card offered by Canadian Tire also features the innovative PayPass function, which allows a person to make purchases just by tapping the card onto a reader equipped to Handle signals between the card and the reader. It's a good way of keeping a card securely in one's hand rather than handing it over to a clerk or other person. This can help to make a decision to apply for a Canadian Tire credit card a fairly smart decision under many circumstances.

As always, take the time to go over all terms and conditions and consider carefully the interest rates offered by any credit card, and not just one from Canadian Tire. Still and all, interest rates are quite competitive and the card is widely known throughout Canada, and – since it is a MasterCard – is also widely accepted in the rest of North America and many other parts of the world.

A good credit card can be worth its weight in gold these days, especially considering that many credit card issuers and banks have tightened their credit criteria considerably. It will be necessary to have excellent credit to qualify for this particular card, but for those who do, the rewards and benefits can be quite significant, coming as they do from a venerable and well-known name in the Canadian credit markets.