Canadian Tire Financial Services
Canadian Tire Financial Services
is the financial division of Canadian Tire. Canadian Tire Financial Services offers the Canadian Tire Options MasterCard, as well as insurance services,
lines of credit
and
personal loans
.
The Canadian Tire Options MasterCard offers cash back on purchases made to the maximum of a 1% of the purchases made on the card, returned in "Canadian Tire Money” ". The "Canadian Tire Money" can be used for purchases in Canadian Tire stores in Canada.
Canadian Tire Financial Services was first established as Midland Shoppers Credit Limited in began in 1961. Canadian Tire bought the company in 1968 and re-named it to Canadian Tire Acceptance Limited. Canadian Tire Acceptance Limited established relation with MasterCard in 1995, and began issuing Canadian Tire Options MasterCard.
Canadian Tire Acceptance Limited officially became a
bank
in 2002 and changed its name to Canadian Tire Financial Services.
Canadian Tire Financial Services offers a variety of financial services, including insurance, personal loans, lines of credit and
mortgages
.
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