In this quick post we’d like to outline one of our favourite customer loyalty programs: Canadian Tire “Money”!

For the majority of those reading this blog post who won’t know what Canadian Tire is, or what Canadian Tire “Money” represents. I’ll go into detail about both. Canadian Tire is a large Canadian retailer that offers everything you need to fix something, make something, or do something outdoors; tools, automotive parts, hardware, patio furniture and sporting goods. It was founded in 1922, and created one of the most innovative loyalty programs for its time: Canadian Tire “Money”.
Depending on how much you spend, you’ll receive coupon vouchers that look like paper bills. These coupons never expire, and several can be used in one redemption. You can save your Canadian Tire money to redeem for the value of any product, or simply reduce the subtotal of your purchase.
Canadian Tire money was first introduced in 1958 and has become somewhat of a Canadian cultural icon. The program was a revolutionary concept in its time, and has been one of the contributing factors for Canadian Tire’s success.

So how has Canadian Tire updated its iconic loyalty program?
The company leveraged its banking and credit card services from its Canadian Tire Financial Services division to offer customers MasterCard credit cards that offer customers Canadian Tire money on all credit purchases.
It will be interesting to see how this iconic loyalty program will translate to Canadian Tire’s eCommerce operations.
If you’d like to offer your customers a similar loyalty program, contact us and we’ll show you how to replicate this using Sweet Tooth.
