Tim Hortons: Launch of the Tims Mastercard Credit Card
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Tim Hortons – The New Tims Credit Card
The Tims Mastercard, announced by Tim Hortons in partnership with Neo Financial, is a Mastercard credit card with no annual fee.
The Tim Mastercard was designed to allow Tim Hortons customers to earn Tim Rewards points on all their purchases, which can then be redeemed for more free coffee, drinks and food at Tim Hortons.
Card details
Here are the eraning details for each card by spending category:
| Standard | With warranty | |
|---|---|---|
| At Tim Hortons | 15 points / $ (by scanning your card Tims Rewards) | 15 points / $ (by scanning your card Tims Rewards) |
| Groceries, gas or public transit | 5 points / $ | 2 points / $ |
| Other purchases | 1 point / $2 | 1 point / $4 |
Note that for the first two categories in the table, there is a ceiling of $20,000 per calendar year, after which the earning decreases (to 1 point/$2 for the standard card and 1 point/$4 for the secured card).
The secured version of the Tim credit card is offered to Canadian residents with limited or no credit history, such as students and newcomers.
It accumulates points and helps them build their credit history. This version does not require a credit check that could affect (hit) the credit score.
However, it does require you to pay security funds in order to determine your credit limit. These funds can range from $50 to $10,000.
The standard version of the Tims Mastercard is more generous in the accumulation of points, but requires a credit check that will have an impact (hit) on the credit rating (as is the case with most credit cards).
Both versions of the Tim credit card were discontinued on October 1, 2026, and no longer carry a welcome offer.
“Let’s say I spend about $80 at the gas station and use my Tims Mastercard to pay. I’ll get 400 Tims RewardsMC points for this purchase, and that’s enough points for a free coffee at Tim’s right after I fill up! The Tims Mastercard really lets you maximize your daily spending and earn rewards faster at Tim Hortons. We even have a calculator on our website that lets you estimate how quickly you can earn points each month.” – Markus Sturm, Senior Vice President of Financial Services and Digital at Tim Hortons
How the card worked
The new Tims Mastercard from Tim Hortons comes in two versions and is integrated with the Tim Hortons app, making it possible to apply for the Tims Mastercard, be approved and check your balance, all from your phone.
Like most credit cards, even those with no annual fee, the Tims Mastercard offers the following advantages:
- Extended warranty up to one year
- Purchase protection against loss, theft and damage
- Mastercard Zero Liability
The Tims Mastercard is offered by Neo Financial, and issued by ATB Financial under license from Mastercard International Incorporated.
Tim Hortons – Our opinion
Even without the Tim Mastercard, please familiarize yourself with the Tim Hortons Tims Rewards loyalty program, including recent changes.
As part of the Tims Rewards program, you can select a reward level to redeem your points. This level can then be changed at any time if you change your mind.
Here are the different levels:
| Reward levels | Reward options |
|---|---|
| 300 points | Classic doughnut, gourmet doughnut, potato pancake, cookie |
| 400 points | Brewed coffee, tea, dream donut, bagel, pastry |
| 600 points | Hot chocolate, French vanilla, TimGlacé, potato wedges |
| 800 points | RefreshedTim with real fruit, cold-brewed coffee, classic iced cappuccino, box of 10 Timbits, yogurt, frosted drink, espresso drink |
| 1,100 points | Timatin, wrap-matin, soup |
| 1,300 points | Worker’s morning wrap, Timatin BLT, dinner sandwich, chili |
| 1800 points | Bowl or wrap |
Knowing that a donut at Tim Hortons costs about $1.5, that means 1 Tim point equals about 0.5 cents:
Looked at another way, when the new Tim credit card offers 5 points per dollar for groceries, gas or public transit, that’s a return of about 2.5% (which you can only use at Tim Hortons).
For all other purchases, this new Tim credit card offers 1 point for every 2 dollars, i.e. a return of 0.25%.
This Tims Mastercard is aimed at Tim Hortons addicts, since cardholders can only redeem their points for merchandise sold by Tim Hortons.
If you prefer a no-annual-fee credit card offering cash back, we recommend these credit cards instead:
| Credit card | Annual fee | Welcome offer | |
|---|---|---|---|
| $0 | |||
| $0 | |||
| $0 |
And suppose you want even more cashback or rewards. In that case, these credit cards are unbeatable for groceries and restaurants (even with an annual fee – some of which are offered in the first year – you’ll be a winner at the end of the year by making your purchases on these credit cards):
| Credit card | Annual fee | Welcome offer | |
|---|---|---|---|
| $0 | |||
| $0 | |||
| $191.88 | |||
| $120 |
For more choices in specific credit card categories, see our various rankings:
Bottom Line
The Tims Mastercard has not been available since October 1, 2026. There are better credit cards on the market, even at the no-annual-fee level (and with welcome bonuses in the first year).
Frequently Asked Questions
What is Tims Financial?
Tim Financial is a financial services division of Tim Hortons, set up to make it easy and convenient for customers to manage their day-to-day finances while enjoying the rewards of doing so.
With the Tim Credit Card, you’ll earn points Tims Rewards every time you make a purchase, including extra points for spending on groceries, gas, public transit and electric vehicle recharging. Plus, you’ll receive additional points at Tim Hortons restaurants when you scan your Tims Rewards card for rewards.
Tim Financial services have been integrated into the Tim Hortons application to offer easy registration, account management, points tracking and rewards claiming, all from a convenient, centralized location.
Who can apply for a Tims Credit Card?
When it was available, applying for the Tims Mastercard required living in Canada and having reached the age of majority in your province or territory of residence.
The credit limit granted is determined by taking into account several factors, such as your credit rating, your income, your debts and the length of your credit history.
For individuals with a low credit rating or no credit history, Tims Financial also offered a secured version of the Tims Credit Card. This option let cardholders earn points on all their purchases while building their credit history.
Residents of Quebec had to first sign up for the standard Tim credit card; they could then sign up for the other version after a credit check with an impact on their credit rating.
What if I have no credit history or a low credit rating?
When it was available, applying for the Tims Mastercard required living in Canada and having reached the age of majority in your province or territory of residence.
The credit limit granted is determined by taking into account several factors, such as your credit rating, your income, your debts and the length of your credit history.
For individuals with a low credit rating or no credit history, Tims Financial also offered a secured version of the Tims Credit Card. This option let cardholders earn points on all their purchases while building their credit history.
Do I have to be a member of the Tims Rewards program to apply for the Tim Credit Card?
Yes. When it was available, to apply for the Tim Mastercard, you first had to create an account in the Tim Hortons application. When you register in the Tim Hortons application, you will automatically be enrolled in the Tims Rewards program.
