Canadian Tire Corporation recently announced more details about their new loyalty program called Triangle Rewards. Today, we have the privilege of interviewing Shawn Stewart, Vice President, Loyalty and Customer Insights to learn more about this new program!
1) Please tell us about yourself. What is your role with Canadian Tire?
A few companies need to be added to this list, so I thought it was due for an update from 6 months ago. Most of the ranking changes occurred in the bottom half of the list. Furthermore, I also revamped the list to go with a pure ranking system instead of the previous grouping system. I think that it will run smoother now.
Below are my personal rankings of each company, along with a commentary and a list of some of my top credit card picks for each financial institution.
Canadian Tire’s loyalty program, Canadian Tire Money, is introducing Triangle Rewards, a free loyalty and credit card program. Triangle Rewards is a loyalty program that allows you to collect and redeem Canadian Tire Money at Canadian Tire Corporation retailers, including:
Canadian Tire
Sport Chek
Gas+
A few significant changes occurred in the credit card scene since the last update, so it is time for me to update the list.
Usually, I write more of a summary on what is happening with the company. However, this time around, I will write more about what I would like to see from each company.
Please share your thoughts on what improvements you would like to see to the credit card market in the comment section below!
It has been 4 months since the last time I updated this list, so it is probably due for an update (especially since we are adding a new company to the list!) as we approach the last third of the year. Last year was a strong year for credit cards, so I anticipated a slow year in 2017.
I always have fun ranking the credit card companies out there. It helps me get an idea on which companies are making progress and which ones are regressing.
It has been exactly 6 months since the last time I updated this list. The reason is because there has been very little movement until the past two months, where there were quite a few changes in the credit card industry that warrants an update to the rankings. Last year was a strong year for credit cards, so I assumed that 2017 would be a slow down year anyway. Unfortunately, most of the changes so far to the industry have been negative. Companies that moved down the list is because of a negative change. The ones that moved up is due to the downfall of the other companies.
I have written posts ranking each financial institution, but I thought it would be fun to write a post listing the top credit card of each financial institution. I have listed the credit cards based on the most recent financial institution rankings….
A few changes to the credit card industry, as well as a new addition warrants an update to this list. Below is the explanation of each grouping:
A reader asked me last time, what the purpose was of this ranking. Basically, you do what you want with the list, take it for what it is. As a consumer, this list can give you an idea on where to shift your business. For example, if you want to see some of the smaller companies survive and thrive, you will know where to move your business.
It has been a few months since I last updated this list. The reason is because there was no significant shift in the industry until now.
I decided to change up my classifications a little bit. I’ve split up the credit card companies into 4 groupings: