Canadian Tire unveiled My Canadian Tire Money, an easier way to collect and redeem its beloved Canadian Tire Money. The digital rewards program will launch in Nova Scotia Oct. 10 and to customers nationally Oct. 28, 2014. The retailers paper Canadian Tire Money will remain in circulation.
My Canadian Tire Money combines the best attributes of Canadian Tire’s paper Money with the benefits of a digital rewards program, making it easier and faster for customers to collect, and redeem. Members can collect e-Canadian Tire Money on qualifying purchases at Canadian Tire stores, at canadiantire.ca and at participating Canadian Tire gas bar locations. e-Canadian Tire Money can also be redeemed for merchandise and gift cards or donated to Canadian Tire’s Jumpstart charity. Customers can also collect and redeem e-Canadian Tire Money on automotive services, a benefit to the updated program.
“As Canada’s oldest loyalty program, we know Canadian Tire Money holds an extraordinary place in the hearts of Canadians,” said Allan MacDonald, Chief Operating Officer, Canadian Tire. “Were building on it by introducing another way to reward loyal customers who prefer the ease and convenience of digital currency and rewards, further improving the Canadian Tire shopping experience and ultimately helping our customers tackle the jobs and joys of everyday life in Canada.”
A true evolution to the program Canadians have known and loved for 56 years, new benefits include the ability to collect 10 times the amount of e-Canadian Tire Money when using a Canadian Tire Options MasterCard to pay for qualifying purchases at Canadian Tire stores, Mark’s, Sport Chek, PartSource, LEquipeur and on Canadian Tire Home Services. Additionally, My Canadian Tire Money Members receive exclusive bonus offers sent directly to their online account and smartphone.
As part of the program, Members can collect e-Canadian Tire Money when making payment by cash, debit and credit cards, providing enhanced value and convenience. Importantly, e-Canadian Tire Money has no expiry date and can be shared with other members by request.
To fully take advantage of the program’s benefits and features, customers are being encouraged to download Canadian Tire’s enhanced Mobile App. The updated version, available for download at launch, allows users to collect, redeem and manage their e-Canadian Tire Money, view bonus offers, review transactions, and return products in-store without presenting a receipt.
“Meeting customer needs has always been at the heart of our innovation strategy, ensuring that everything we do has a positive end benefit for the consumer,” said MacDonald. “My Canadian Tire Money will serve as a great complement to our existing data programs, allowing us over time to increase the relevancy of our messages, provide a more personalized and tailor made approach and ultimately better serve our customers.”
To join the program, customers can register through the Canadian Tire Mobile App, at canadiantire.ca with a card available in-store, or by applying for the Options MasterCard. Existing Canadian Tire Options MasterCard cardholders and participants in the Canadian Tire Money Advantage loyalty program in Nova Scotia will automatically have their loyalty program changed to My Canadian Tire Money.
Fast Facts:
Canadian Tire Money was introduced in 1958, pioneering the loyalty program concept in Canada.
The Sandy McTire character was designed by employee Bernie Freeman and is still pictured today.
Over $1 billion Canadian Tire Money notes have been in circulation.
Paper Canadian Tire Money is available in denominations of 5¢, 10¢, 25¢, 50¢, $1 and $2.
Through its loyalty programs, Canadian Tire awards more than $100 million dollars to customers every year.
Many communities collect and donate Canadian Tire Money to support local fundraising efforts.
Introduced in 1995, there are now 2.4 million Canadian Tire Options MasterCard cardholders in Canada.
