Pros & Cons
Pros
- +Up to 3x on Gas
- +Purchase protection included
- +No annual fee
Cons
- –Foreign Transaction Fee (2.5%)
Our Review
*
Rewards
All Spending
1x
Cash Back pts per dollar
Gas
3x
Restaurants
3x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$420
$/yr
Estimated Value
$420
After Fees
+$420
1st Year Value
$420
incl. welcome bonus
Annual rewards breakdown
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Mobile Device
Up to $1,000
Interest Rates
- Purchase Rate21.75%
- Cash Advance22.49%
- Foreign Transaction Fee2.5%
Terms & Conditions
Card Features
- 3% cash back on restaurant purchases
- 3% cash back on gas purchases at Costco and 2% cash back at other gas stations (for the first $5,000 in net annual purchases. Beyond this limit, you will earn 1% cash back)
- 2% cash back at Costco.ca (on the first $8,000 net annual card purchases. Beyond that, you’ll earn 1% cash back)
- 1% cash back on all other purchases, including those made at Costco
The $5,000 and $8,000 limit will reset to zero annually on January 1.
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Protégez-vous may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 CIBC. All trademarks are property of their respective owners.