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Pros & Cons

Pros

  • +Welcome Bonus: 6,000 points
  • +Purchase protection included
  • +No annual fee

Cons

  • Foreign Transaction Fee (2.5%)

Our Review

With this offer for the CIBC Adapta Mastercard, you can earn up to 6,000 Adapta points as a welcome bonus, with no annual fee:

  • 3,000 Adapta points (up to $25) on your first purchase
  • 3,000 additional Adapta points (up to $25) after $1,000 in total purchases on your first four statements.

With the CIBC Adapta Mastercard, you benefit from membership in the roadside assistance service (value of $50) offered by the Dominion Automobile Association, which includes towing, battery boosting, fuel delivery, and more.

With the CIBC Adapta Mastercard, you can earn:

  • 1.5 Adapta points per dollar in your top three monthly spending categories; or
  • 2 Adapta points per dollar on eligible travel purchases made through CIBC by Expedia; or
  • 1 Adapta point per dollar for all other purchases

Plus, link your CIBC Adapta Mastercard to Journie Rewards to save up to 10¢ per litre on gas at participating stations. And since it’s a Mastercard credit card, you can also use your CIBC Adapta Mastercard at Costco.

Rewards

All Spending

1x

Adapta pts per dollar

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

¢/ point
0.50¢
Groceries1x
$700/month
Gas & EV1x
$200/month
Transit1x
$100/month
Restaurants1x
$300/month
Pharmacy1x
$50/month
Travel1x
$150/month
Bills & recurring payments1x
$250/month
Telecom1x
$150/month
Entertainment & streaming1x
$100/month
Office supplies1x
$0/month
All other spending1x
$500/month

Points Earned

30,000

Adapta/yr

Estimated Value

$300

After Fees

+$300

1st Year Value

$360

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 1x8,400 pts
Gas & EV$2,400/yr × 1x2,400 pts
Transit$1,200/yr × 1x1,200 pts
Restaurants$3,600/yr × 1x3,600 pts
Pharmacy$600/yr × 1x600 pts
Travel$1,800/yr × 1x1,800 pts
Bills & recurring payments$3,000/yr × 1x3,000 pts
Telecom$1,800/yr × 1x1,800 pts
Entertainment & streaming$1,200/yr × 1x1,200 pts
All other spending$6,000/yr × 1x6,000 pts
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1x
Average earn rate on spend 1st year with welcome bonus1.2x
Total points earned on spend30,000 pts
Welcome bonus points+6,000 pts
  • Earn 6,000 Adapta after $1,000 in purchases in 4 months
Total points earned36,000 pts
Value of accumulated points$360

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Interest Rates

  • Purchase Rate
    21.99%
  • Cash Advance
    22.99%
  • Foreign Transaction Fee
    2.5%

Terms & Conditions

Card Features

Join and get up to $100 in value for no annual fee.

Here’s how it adds up:

  • Receive a Welcome Bonus of 3,000 Adapta points after your first purchase (up to $25 value)
  • Get 3,000 Adapta points when you spend $1,000 in the first 4 monthly statement periods (up to $25 value)
  • Includes membership to Roadside Assistance after you make your first purchase. Services include battery boosting, gas delivery, towing and more, offered by Dominion Automobile Association ($50 value)

How do Adapta points work?

Each month, you’ll automatically earn:

  • 1.5 Adapta points for every dollar you spend in your top 3 spend categories.; or
  • 2 Adapta points for every dollar you spend on eligible travel purchases made through CIBC by Expedia; or
  • 1 Adapta point for every dollar you spend on all other purchases.

What are Adapta points worth?

  • 1,500 Adapta points are worth $10 when redeemed towards your credit card balance or a recent purchase.
  • 1,200 Adapta points are worth $10 when redeemed towards select CIBC financial products.†

Save over $600 with CIBC and Skip

Get a 12-month Skip+ free trial and other exclusive benefits when you link your CIBC Adapta Mastercard with Skip.

Save on gas with CIBC and Journie Rewards

Link and use your CIBC Adapta Mastercard with Journie Rewards to save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.

 

 

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