You 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 Offer may be withdrawn or changed without notice at any time.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 We may withdraw approval if we become aware of any unfavourable information regarding your financial position or account status, or if you are unable to provide any additional information reasonably requested by CIBC. The application response time may take longer than 60 seconds in the event of technology issues. If you supply your email address, an application status email will be sent as soon as the technology issues are resolved. Otherwise, you will receive a response to your credit card application within 7 to 10 business days.
6 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.
7 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.
8 Discounts are determined by the participating rental agency and apply to time and kilometre/mileage charges only.
9 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.
10 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.
11 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.
12 Subject to merchant transaction limits.
All information is valid at the time of publication and is subject to change without notice.