When choosing the best credit card for rewards in Canada, many shoppers compare the Triangle Mastercard with other popular options like the PC Financial Mastercard and Costco Mastercard.
Each card offers unique rewards structures and benefits tailored to different spending habits and preferences.
Triangle Mastercard Rewards Overview
- Earn 4% back in Canadian Tire Money (CT Money) at Canadian Tire, Sport Chek, Mark’s, and partner stores including rewards at Sport Chek and Mark’s.
- Receive 1.5% CT Money back on groceries upto the $12,000 grocery cap annually (excludes Costco and Walmart at eligible grocery stores).
- Collect 5 cents per litre CT Money on fuel purchases at Gas+ and Petro-Canada stations.
- Earn 0.5% CT Money on all other purchases anywhere Mastercard is accepted.
- No annual fee for this card.
PC Financial Mastercard Rewards Overview
- Earn PC Optimum points, with 10 points equaling 1 cent in value.
- Offers 25 points per $1 at Shoppers Drug Mart, 30 points per litre at Esso and Mobil gas stations.
- 20 points per $1 on PC Travel.
- 10 points per $1 spent everywhere else.
- No annual fee.
- Points redeemable at Loblaw-affiliated stores like No Frills, Real Canadian Superstore, Shoppers Drug Mart, JoeFresh.ca, and more.
- Includes purchase assurance and extended warranty.
Costco Mastercard Rewards Overview
- 3% back on restaurant purchases.
- 3% back on Costco gas (up to $5,000 spent annually), 2% back at other gas stations (dropping to 1% after $5,000).
- 2% back at Costco.ca on first $8,000, then 1%.
- 1% on all other purchases.
- Requires Costco membership ($60/year).
- No annual fee on the card itself but membership is needed.
- Good for Costco loyalists.
Triangle Mastercard vs PC and Costco Rewards Comparison Summary
| Feature | Triangle Mastercard | PC Financial Mastercard | Costco Mastercard |
|---|---|---|---|
| Annual Fee | $0 | $0 | $0 + Costco membership required |
| Rewards on Groceries | 1.5% CT Money up to $12,000 | 10 points/$1 (1% effective) | None explicitly, but at Costco only |
| Rewards on Fuel | 5¢/L at Gas+ & Petro-Canada | 30 points/L at Esso/Mobil (3%) | 3% at Costco gas, 2% at others |
| Store Rewards | 4% CT Money at Canadian Tire and partners | 25 points/$1 at Shoppers Drug Mart | 2% at Costco.ca, 1% elsewhere |
| Redemption | Canadian Tire stores & partners ( redeem Canadian Tire Money online or in-store | Loblaw chain & online platforms | Costco only |
| Other Benefits | No-interest financing on $150+ purchases, no-receipt returns | Purchase assurance, extended warranty, others | Cash back on dining, Costco benefits |
Triangle Mastercard vs PC and Costco Rewards – Which Card is Best
- Triangle Mastercard is ideal, especially when you stack offers and bonus days at affiliates.
- If you frequently shop at Canadian Tire and affiliates and want simple, cash-equivalent rewards with no fees, Triangle Mastercard is ideal.
- For grocery lovers and Shoppers Drug Mart fans, PC Financial Mastercard offers extensive rewards and many redemption options.
- Costco loyalists with memberships benefit from the Costco Mastercard’s strong cash back on gas and restaurants.
In conclusion, selecting the best rewards card depends largely on where you shop most often. Triangle Mastercard shines in hardware, sporting goods, and fuel rewards, PC Financial excels in groceries and pharmacy, while Costco Mastercard is well suited for Costco shoppers looking for broad cashback.
