How Much Do You Get in Canadian Tire Money?
In Canada, Canadian Tire Money (CTM) is a popular rewards program offered by Canadian Tire Corporation, Ltd. This loyalty program allows customers to earn CTM points for every purchase they make at Canadian Tire or its affiliated stores. But how much can you actually get in Canadian Tire Money? Let’s dive into the details.
Earning Canadian Tire Money
When you shop at Canadian Tire or any of its partner stores, you earn one CTM point for every dollar spent. These points are automatically added to your Canadian Tire Money card, which you must present at the time of purchase to receive the points. The points can be used towards future purchases at Canadian Tire, its partner stores, or online at canadiantire.ca.
Redeeming Canadian Tire Money
The amount of Canadian Tire Money you can get depends on how much you spend and how you choose to redeem your points. Here’s a breakdown of the redemption options:
1. Dollars Off Your Next Purchase: The most common way to redeem CTM points is to use them as a discount on your next purchase. For every 100 points you have, you can get a $5 discount on your next purchase. This means that if you have 500 points, you can get a $25 discount on a $100 purchase.
2. Percentage Off Your Purchase: You can also redeem your points for a percentage off your purchase. For example, 500 points can get you a 10% discount on a purchase of $100 or more.
3. Gift Cards: You can exchange your CTM points for Canadian Tire gift cards. The value of the gift card is based on the number of points you have. For instance, 500 points can get you a $25 gift card.
4. Online Shopping: When shopping online at canadiantire.ca, you can use your CTM points as a payment method. The amount you can use depends on the number of points you have and the value of your purchase.
Maximizing Your Canadian Tire Money
To maximize the value of your Canadian Tire Money, it’s important to keep track of your points and plan your purchases accordingly. Here are a few tips:
1. Shop Smart: Take advantage of sales and promotions to earn more points and save more money. For example, buying items on sale can help you earn more points per dollar spent.
2. Use Your Points Strategically: Redeem your points for the highest value option that suits your needs. If you’re planning a large purchase, it may be more beneficial to use your points for a percentage discount rather than dollars off.
3. Sign Up for the Canadian Tire Advantage Program: By signing up for the Canadian Tire Advantage Program, you can earn bonus points on certain purchases, as well as receive exclusive offers and discounts.
In conclusion, the amount of Canadian Tire Money you can get depends on your spending habits and how you choose to redeem your points. By understanding the program and using it wisely, you can make the most of your rewards and save money on your future purchases.
