Overview of the CIBC Petro-Points MasterCard®

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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 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

How to get approved

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