Save on fuel and earn valuable PETRO-POINTS, with no annual fee
15,000 PETRO-POINTS Welcome Bonus1
upon first purchase
CIBC PETRO-POINTS™ MasterCard® Card
- Instantly save 2 ¢ per litre of gas at Petro-Canada
- Earn 15 PETRO-POINTS for every $1 charged to your card at grocery and drug stores2
Drive Every Dollar Further™.
15,000 PETRO-POINTS Welcome Bonus upon first purchase
That’s enough for a Fuel Savings Reward Card3 to save an additional 5 cents per litre on 200 litres of fuel at any Petro-Canada location.
5-105-10 PETRO-POINTS for every litre of fuel charged to your card at Petro-Canada4
1515 PETRO-POINTS for every $1 charged to your card at grocery and drug stores2 and on eligible purchases at Petro-Canada5
1010 PETRO-POINTS for every $1 in other purchases charged to your card outside of Petro-Canada6
5,0005,000 PETRO-POINTS as a bonus every month your card purchases exceed $1,0006
Find out many PETRO-POINTS™ you could be earning
Use the sliders to indicate your approximate monthly credit card purchases.
The best way to save on fuel.
This card is perfect if you:
- Want to earn valuable PETRO-POINTS everywhere you shop
- Need a card with acceptance worldwide
- Like to save money instantly on fuel
- Value the speed and convenience of the CIBC MasterCard PayPass™
- Enjoy perks such as Avis® and Budget® car rental discounts7
No Annual FeeNo Fee for Additional Cards (up to 3)
Interest Rate - Purchases8: % Interest Rate - Cash8: %
Shop confidently with CIBC Insurance.
- Purchase Security & Extended Warranty Insurance9
Agreements & Insurance
- CIBC Payment Protector™ Insurance for credit cards
- CIBC Emergency Travel Medical Insurance9
Even more reasons to choose the CIBC PETRO-POINTS MasterCard Card.
Authorized User Spending Limits
Assign specific spending limits for purchases and cash to any of your authorized user(s)10 - at no cost.
Innovative credit management tools to help you better manage your credit card spending, plus protection features for enhanced security.
- Enhanced Monthly Statements
- Spend Report
- Spend Alerts
- Personal Spend Manager
- Credit Report Alerts
- Fraud Alerts
- Identity Theft Assistance
CIBC Mobile Banking®
On-the-go banking 24/7 with CIBC Mobile Banking Apps for iPhone, iPad, Android™ and other smartphones.
CIBC Mobile Payment™ App
Make secure credit card purchases of up to $50 at participating vendors using an eligible smartphone.
CIBC Online Banking®
View electronic statements, make payments and transfers, increase credit limits, request additional cards, and more.
Simply tap to pay for small purchases: a faster, more convenient, secure alternative to cash.11
Ratings and Reviews
Terms and Conditions
1You will receive a welcome bonus of 15,000 PETRO-POINTS when you make your first purchase at any time with your card. The following do not qualify as purchases: cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or PETRO-POINT redemptions. It may take up to several business days for purchases to be posted to your account. Bonus points will be awarded to the primary cardholder on the first monthly statement after the qualifying purchase(s) are posted to the account. Card account must be open and in good standing at the time the PETRO-POINTS are awarded. Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC PETRO-POINTS MasterCard Card are excluded. Offer and bonus points are non-transferable. Offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion. Offer may be withdrawn or changed without notice at any time.
2 Earn 15 PETRO-POINTS per $1 spent on purchases (excluding returns) at merchants classified in the MasterCard network as grocery stores or drug stores. Terms, conditions and eligible merchant categories may change at any time without notice.
3 With your 5¢ per litre Fuel Savings Reward card, you receive a 5¢ per litre savings on 200 litres of fuel. Valid only at participating Petro-Canada retail locations. Fuel Savings Reward card cannot be used in combination with a Preferred Price card. Offer not available where prohibited by law. Visit PETRO-POINTS.com for further details.
4 PETRO-POINTS earning levels are 5 points per litre of RegularClean fuel, 7 points per litre of PlusClean fuel, and 10 points per litre of SuperClean, Ultra 94 or diesel fuel.
5 PETRO-POINTS will be awarded on all card purchases made at Petro-Canada retail locations, with the exception of tobacco, Petro-Canada Gift Cards, taxes on non-petroleum purchases or any other items specified as exclusions from time to time. For full details, visit PETRO-POINTS.com. When you use your CIBC PETRO-POINTS MasterCard for an eligible purchase, you automatically earn 50% more PETRO-POINTS based on the total base PETRO-POINTS that members earn on a purchase.
6 PETRO-POINTS, including the monthly 5,000 PETRO-POINTS bonus, are earned on card purchases less returns and not on ineligible purchases at Petro-Canada (see note 7 below), cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or PETRO-POINTS redemptions. To earn the 5,000 PETRO-POINTS bonus for a month, total card purchases (less returns) posted to that month’s account statement must be more than $1,000. PETRO-POINTS partners, rules and regulations may change without notice. For more information, please refer to PETRO-POINTS.com. PETRO-POINTS earned on purchases during a monthly statement period may not be credited to you if your card is not in good standing or is overlimit at any time during the monthly statement period.
7 Discounts are determined by the participating rental agency and apply to time and kilometre/mileage charges only.
8 Interest rates will change from time to time on at least 30 days prior notice to primary cardholders. “Cash” means cash advances, balance transfers and CIBC Convenience Cheques.
9 Insurance coverage(s) included with CIBC credit cards is underwritten by Royal & Sun Alliance Insurance Company of Canada (RSA). Different cards will have different coverage(s). To learn about included insurances, and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see www.cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance(s) require purchases, common carrier fares and other trip costs to be charged to the card to activate coverage (other conditions may also apply). Certain RSA coverage(s) are “excess insurance” (all other sources of insurance and recovery must be exhausted before benefits are available). For more information, call RSA toll-free at 1-866-363-3338 in Canada, continental U.S. and Hawaii or collect from elsewhere at 905-403-3338.
10 Primary cardholder may assign and change the Authorized User Spending Limits on your credit card account for any authorized user(s) by contacting CIBC. CIBC may make adjustments to the spending limits any time following a decrease in the credit limit or cash limit of the card. “Cash” refers to cash advances, convenience cheques and balance transfers. Visit www.cibc.com/ca/credit-cards/budgeting-spend/spending-limits.html for full details.
11 Subject to merchant transaction limits.
12 The rewards calculator tool is only for general illustration purposes; your actual results may differ. Aeroplan Miles/ Aventura Points/cash back/Tim Cash/PETRO-POINTS are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aeroplan Mile/Aventura Point redemptions (as applicable). For the Aerogold Visa Infinite Card, the Aventura Visa Infinite Card and the Aerogold Visa Card, 50% more Aeroplan Miles or Aventura Points on gas, grocery and drug store card purchases is only available on the first $80,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For the Aerogold Visa Infinite Privilege Card, 50% more Aeroplan Miles on gas, grocery and drug store card purchases is only available on the first $100,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For CIBC cash back credit cards, cash back is earned on a tiered basis and is dependent upon the net annual dollar amount spent on the card over the year to date. For details about earning and redeeming rewards, the Welcome Bonus and other card benefits, including terms and conditions, review the benefit guides found here.
All information is valid at the time of publication and is subject to change without notice.