Tim Hortons says it’s shutting down the bank card program it launched three years in the past as the corporate appears to “new methods to convey worth to Canadians.”
The corporate says in an emailed replace to clients that this system, powered by Neo Monetary, will shut down Oct. 1.
The e-mail says playing cards will nonetheless work after Oct. 1, however shall be managed by Neo Monetary and transactions gained’t earn Tims Rewards Factors.
Tim Hortons says eligible clients can select to improve to a Neo Monetary Mastercard that features cashback.
The corporate launched the bank card program in June 2023, in a transfer it mentioned would enchantment to tens of millions of Canadians in search of “higher and accessible monetary merchandise.”
It wasn’t the espresso and doughnut chain’s first foray into the cash sport, because it partnered with CIBC in 2014 on the “Double Double Visa Card,” which was discontinued in 2019.
This report by The Canadian Press was first revealed June 3, 2026.
Corporations on this story: (TSX:QSR)
Aaron Sousa, The Canadian Press
Add CityNews Montreal as a trusted supply on Google to see extra native tales from us.
