No Interest, No Fee Financing
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|There's a payment option* that's right for your purchases and your budget:|
On select Canadian
On select Canadian
*Special Payment Plan: Special payment plans, such as deferred payment plans and equal payments plans, are only available on request, on approved credit and on select Canadian Tire store purchases of $200 or more (excluding gift cards) made on Canadian Tire branded credit cards issued by Canadian Tire Bank. Interest does not accrue during the period of the plan. However, if we do not receive the full minimum due on a statement within 59 days of the date of that statement, or any event of default (other than a payment default) occurs under your Cardmember Agreement, all special payment plans on your account will terminate and (i) you will then be charged interest on the balances outstanding on such plans at the regular annual rate from the day after the date of your next statement, and (ii) the balances outstanding will form part of the balance due on that statement.
“Equal Payments, No Interest” for 12 months: Each month during an equal payments plan you are required to pay in full by the due date that month's equal payments plan instalment. Any unpaid portion not received by the due date will no longer form part of the equal payments plan and interest will accrue on that amount from the day after the date of your next statement at the regular annual rate. “No Payments, No Interest” for 6/12 months: Payment will be required following the deferral period as per your Cardmember Agreement. At the end of the deferral period, the balance outstanding will bear interest at your regular rate in effect at that time.
† There is no administration fee charged for entering into a special payment plan.
†† Not all items will qualify for a 12 month special payment plan
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