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CIBC launches CIBC Adapta(TM) Mastercard®, the first credit card in Canada that automatically adapts to spending behaviour, rewarding cardholders more for everyday purchases
CIBC launches CIBC Adapta™ Mastercard®, the first credit card in Canada that automati...
About this update from Canadian Imperial Bank Of Commerce
[{"type":"text","content":"\n\n\n\n CIBC launches CIBC Adapta™ Mastercard®, the first credit card in Canada that automatically adapts to spending behaviour, rewarding cardholders more for everyday purchases\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Also the first card in\n \n Canada\n \n to include Touch Card by Mastercard\n \n TM\n \n – an accessible design that helps cardholders easily identify their credit card\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n May 1, 2025\n \n\n /CNW/ - CIBC announced today its innovative new, no annual fee CIBC Adapta Mastercard, the first credit card in\n \n Canada\n \n that automatically determines the cardholder's top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those categories.\n \n\n\n\n\n\n\n\n\n Offering a flexible rewards system, CIBC Adapta Mastercard cardholders will earn 1.5 points for every\n \n $1\n \n spent in their top three of 12 dynamic spend categories, and 1 point for every\n \n $1\n \n spent on all other purchases each month.\n \n\n \"Our new CIBC Adapta Mastercard is a differentiator in the market as it delivers true flexibility to cardholders, putting control in their hands to help them realize their ambitions,\" said\n \n Diane Ferri\n \n , Senior Vice-President, Day-to-Day Banking, CIBC. \"Adapta is a unique no annual fee card, offering flexibility to earn points on all purchases. The first of its kind, it's the only credit card where cardholders earn bonus points on their personal top three spend categories each month, whether it be pet stores, clothing or important everyday essentials like groceries and gas.\"\n \n\n The key benefits of the CIBC Adapta Mastercard include:\n \n\n\n The first credit card in\n \n Canada\n \n that\n \n adapts to cardholders' spending behaviour\n \n putting them in control of the categories where they will be rewarded the most.\n \n\n A\n \n flexible rewards approach\n \n where the top three spend categories are automatically determined each month and can c...