The Globe and Mail reports in its Thursday edition that Tim Hortons says it is shutting down the credit-card program it launched three years ago as the company looks to "new ways to bring value to Canadians." A Canadian Press dispatch to The Globe quotes the company saying in an e-mail to customers that the program, powered by Neo Financial, will shut down Oct. 1. The statement says cards will still work after Oct. 1, but will be managed by Neo Financial and transactions won't earn Tims Rewards Points. Tim Hortons says eligible customers can choose to upgrade to a Neo Financial MasterCard that includes cashback. The company launched the credit-card program in June, 2023, in a move it said would appeal to millions of Canadians seeking "better and accessible financial products." Tim Hortons is owned by Restaurant Brands International.