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Q: Good morning folks. I just received my Canadian Tire Mastercard Bill. As I am a preferred customer I have been enjoying a 16.99% rate which I never have had to use. They just increased it to 19.99%. I called them and they told me it is because Canadian Tire say it is because "we are going into a recession". I just thought this is odd that they are so sure that they raised the rates now instead of say a year or so from now. Do they have the illusive crystal ball? I just thought other members may be interested (or not).... post if you see fit.

Read Answer Asked by El-ann on December 04, 2019
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