What you earn
- 2points per $1 Travel booked through the card's travel site
- 1.5points per $1 In the 3 categories with your highest spending each statement (set automatically): Groceries Dining Gas Transit Entertainment Home improvement Hotels
- 1point per $1 Everything else
This card's earn rates have limits; see "Good to know" below.
What this card gives back for your spending
For a typical household's card spending ($3,245 a month), this card gives about $309 a year back after fees: 46,380 points at 0.67¢ each (the program's lowest stated rate), less $0 in fees.
Rewards at this card's earn rates for that spending, minus the annual fee. Insurance, lounge access and welcome offers are not counted in dollars. Spending is Statistics Canada's average household (Survey of Household Spending, 2023), split into card categories by CardNorth.
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Fees and interest
| Annual fee | $0 |
|---|---|
| Additional card | $0 |
| Purchases | 21.99% |
| Cash advances | 22.99% |
| Balance transfers | 22.99% |
| Foreign transactions | 2.5% |
| Penalty rates | 25.99% purchases, 27.99% cash advances |
Penalty rates apply after this: required payment not received by the payment due date or the next statement date 2 or more times in any 12 months; the higher rates apply for at least 12 months.
In Quebec: cash advances 21.99%.
Who can apply
| Income | $15,000 household |
|---|---|
| Quebec | Offered |
| Card type | Personal, Mastercard |
Perks and coverage
- Purchase protection90 days from purchase
- Extended warrantyadds 1 year to the warranty
- Roadside assistance
- Fuel discount at Journie partner stations
Coverage has conditions and limits. Read CIBC's certificate of insurance or benefit terms before relying on it.
Good to know
How the bonus categories work
You don’t pick the categories. At the end of each statement period, purchases in the 3 spend categories where your net purchases were highest earn 1 Adapta Point plus 0.5 bonus points per $1. Purchases through CIBC by Expedia are left out of the spend categories.
Bonus points stop after $40,000 of net purchases on the account in a year, and every cardholder’s purchases count toward it. The $40,000 count starts again once your December statement is issued.
Redeeming points
Every 1,500 Adapta Points pays $10 toward your card balance, and every 1,200 points pays $10 toward select CIBC financial products.