Canadian Tire Financial Services

Canadian Tire Financial Services

Canadian Tire Financial Services (CTFS) is the Financial Services arm of Canadian Tire.

History

CTFS began in 1961 as Midland Shoppers Credit Limited, a small company offering third-party credit services. In its early years, many Canadian Tire stores in Ontario had signed onto its program. In 1968, the company was purchased by Canadian Tire and re-named Canadian Tire Acceptance Limited. In 1995, it began issuing a MasterCard, becoming a non-deposit taking, financial institution.

In 2002, Canadian Tire Acceptance Limited became a bank and therefore changed its name to Canadian Tire Financial Services.

In October 2006, CTFS began a pilot project in two Canadian municipalities to offer more traditional banking services to the public. In Kitchener-Waterloo, Ontario and Calgary, Alberta, customers can visit Canadian Tire stores and obtain information on opening up a savings account, a GIC account or obtaining mortages directly from Canadian Tire Financial Services.

Products

Options Mastercard

The Canadian Tire Options MasterCard offers benefits similar to those offered by conventional MasterCards, while also offering Canadian Tire “Money” on-the-card, similar in nature to many loyalty programs offered on other credit cards. They also offer special promotions from time to time such as a rebate promotion in partnership with MDG Computers.

Gas Advantage MasterCard

This Canadian Tire Gas Advantage MasterCard gives a discount from 2 cents up to 10 cents per litre on Gasoline purchased at Canadian Tire Gas Stations. The discount is based on the previous months purchases. The card is currently available in the Province of Ontario, Canada only. (Purchases at Canadian Tire and Marks Work Warehouse count as a double purchases to calculate the discount on the next months gasoline purchases)

One-and-Only Account

The One-and-Only account provides an account that allows users to roll their Mortgage and other lending accounts with their day-to-day banking accounts.

High Interest Savings Account

The High Interest Savings Account is similar to other high interest accounts by offering a higher interest rate per dollar to conventional savings accounts.

Other Products

CTFS also offers GICs and Mortgages. All their deposit accounts are insured by the Canadian Deposit Insurance Corporation

External links

* [http://www.ctfs.com Official website]
* [http://www.myctfs.com The New and Expanded Canadian Tire Financial Services]
* [http://www.mortgageinyourway.com CTFS One-and-Only Account]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Canadian Tire — Corporation, Limited Type Public Industry Retail Founded 1922 Hea …   Wikipedia

  • Canadian Tire — Corporation, Limited Rechtsform Corporation ISIN CA1366812024 Gründu …   Deutsch Wikipedia

  • Canadian Tire money — Infobox Currency currency name in local = argent Canadian Tire fr icon image 1 =Canadian tire money.png image title 1 = the 5c and 10c cash bonus coupons (banknotes) iso code = None, it is a pseudo currency using countries = Canadian Tire, and… …   Wikipedia

  • President's Choice Financial — logo of President s Choice Financial President’s Choice Financial (French: Services financiers le Choix du Président) is a banking service provided by Loblaw Companies (a supermarket chain). Several different organizations provide individual… …   Wikipedia

  • Canadian National Railway — Canadian National system map …   Wikipedia

  • Concentra Financial — Type Credit union Industry Financial services Headquarters Saskatoon, Saskatchewan Key people Ken Kosolofski, President/CEO Employ …   Wikipedia

  • Canadian National Railway — Co. Rechtsform Aktiengesellschaft (Kanada) ISIN CA1363751027 Gründung …   Deutsch Wikipedia

  • Canadian National — Aktuelles CN Logo Die Canadian National Railway (CN), auch als Canadian National Railways (1918–1960) bzw. Canadian National/Canadien National (CN) (seit 1960) bezeichnet, ist eine kanadische Class 1 Eisenbahngesellschaft. Das Unternehmen ist im… …   Deutsch Wikipedia

  • Canadian National Railways — Aktuelles CN Logo Die Canadian National Railway (CN), auch als Canadian National Railways (1918–1960) bzw. Canadian National/Canadien National (CN) (seit 1960) bezeichnet, ist eine kanadische Class 1 Eisenbahngesellschaft. Das Unternehmen ist im… …   Deutsch Wikipedia

  • Canadian English — (CanE, en CA) [en CA is the language code for Canadian English , as defined by ISO standards (see ISO 639 1 and ISO 3166 1 alpha 2) and Internet standards (see IETF language tag).] is the variety of English used in Canada. More than 26 million… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”