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Overview of the CIBC Petro-Points MasterCard®

CIBC Petro-Points MasterCard®

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Earning categories

7.5 points/$1

On gas

15 points/$1

On groceries, drug & pharmacy

10 points/$1

On other purchases

CIBC Petro-Points MasterCard® details

Welcome offer
15,000 bonus points ($12 value)
Annual fee
$0
Reward
Earn 7.5x points on gas, 15x points on groceries, drug & pharmacy, 10x points on other purchases7.5x points on gas, 15x points on groceries, drug & pharmacy, 10x points on other purchases
Average point value
$0.001
Purchase interest rate
19.99%
Cash advance interest rate
22.99%
Balance transfer interest rate
22.99%
Minimum income
$15K/yr
Household income
$15K/yr
Recommended credit score
660+
Network
Mastercard
Provider
CIBC
Card type
Store credit

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Detailed card summary

Benefits & features

  • 15,000 PETRO-POINTS Welcome Bonus1 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
  • 7.5-15 PETRO-POINTS for every litre of fuel charged to your card at Petro-Canada4
  • 15 PETRO-POINTS for every $1 charged to your card at grocery and drug stores2 and on eligible purchases at Petro-Canada5
  • 10 PETRO-POINTS for every $1 in other purchases charged to your card outside of Petro-Canada6
  • 5,000 PETRO-POINTS as a bonus every month your card purchases exceed $1,0006
  • This offer is not available for the residents of Quebec.

How to get approved

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