Canadian Tire Gas Advantage - So Far The Worst Credit Card I Have...

I probably am guilty of not looking before I leapt. When I visited a Canadian Tire store late last year, I was offered by an agent at near the store entrance to apply for a rewards card that could save me 5 cents at all Canadian Tire gas stations. I thought Being a person who likes discounts and savings, I filled out the form and handed it out to the agent. When I was asked questions that were usually asked when you apply for a credit card, I realized that it was not the same as a loyalty or rewards card, but a credit card. I pretended that I did not make a mistake and just went on with the application. After I got the card, I used and true enough, I got less 5 cents per liter of gasoline. However, I found out later that I have to spend at least $500 a month to get the 5 cents and it drops to 2 cents once your gasoline purchase exceeds $700. I will call to cancel this card the moment I have paid the cards remaining balance. I will stick to the Canadian Tire Options Mastercard. I like earning Canadian Tire money that I can use when I purchase something in the store.