Videos
financial services subsidiary of the Canadian Tire retail chain
I have a Canadian Tire Triangle Mastercard. The card was expiring so I got a new card in the mail.
When I went to the web page to activate the card they want you to enter the card number, the three digit verification code and then your PIN code.
Isn't this a big security risk to be entering your PIN code in conjunction with this other info? If someone was able to intercept all of this info wouldn't they be in very good shape to do lots of CC fraud?
Or am I being paranoid?
So today I went over to Canadian Tire to pick up some batteries when some sales guy there started chatting me up. He started talking about what I thought at first was a rewards card, but the more he went on the more it became apparent that this was an entirely new credit card-- the Canadian Tire Triangle Mastercard. I was a little overwhelmed, especially given how quickly the salesperson was bombarding me with info and asking for my own info, and just stood there saying yes. I'll admit, it is not a moment I'm proud of; I struggle with anxiety, and found myself in a situation where exiting the convo, or saying no, would have at that moment felt incredibly awkward.
Anyway, I've been approved for the card; it may arrive in the mail soonish. However, while I have the digital version of the card, I have NOT used it to purchase anything. Not until I do some research and decide next steps.
So, with regard to those next steps:
Is the Canadian Tire Triangle Card worth it at all? I anticipate I may get some gardening equipment from Canadian Tire soon, but otherwise I have no idea if I may be making any big expenditures from them in the near future. Possibly not.
Can I cancel the card ASAP, or will that negatively affect my credit history?
They collected a lot of my info-- my address, my SIN, my work info, etc etc to see if I was approved for this card. As far as I know, the Canadian Tire Card is a completely legal thing, but all the same, does anything about this feel suspicious to you all?
Thanks in advance.