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Card Details
Interest Rates
Purchase: 20.99%
Cash Advance: 22.99%
Balance Transfer: 22.99%
Annual Fees
Main Card: $99
$0
First Year Waived
Additional Cards: $30 (first year waived)
Annual Income
Personal: N/A
Household: $15,000
Credit Score Estimate
300Poor
560Fair
660Good
725Very Good
760Excellent
Welcome Bonus
Get a first-year annual fee rebate for you and up to three Authorized Users and earn 10% cash back for the first 4 statements on net purchases of up to $2,000.
Our Rating
2.8/5
Institution
CIBC
How You Earn Rewards
- 3% cashback on gas and groceries if they are in the first $80K transactions of the year and $20K of categorical spends
- 2% cashback on transportation, dining and recurring bills if they are in the first $80K transactions of the year and $20K of categorical spends
- 1% cashback on all other eligible card purchases
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
Insurance
Coverage
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Car Rental Damage & Theft
yes
Travel Accident
$500,000
Purchase Protection
90 days
Extended Warranty
Up to a year
Benefits
Details
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Gas Discount
save up to 10¢/L on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations
Car Rental Discount
Get up to 25% off auto rentals at participating Avis and Budget locations worldwide.
Pros & Cons
Pros
- 10% Cash Back Welcome Offer: Earn 10% cash back for the first 4 months, up to $2,500 in spending.
- Solid Cash Back Rates: Get 3% cash back on gas, groceries, and EV charging, plus 2% on restaurants, transportation, and recurring bills.
- Fuel Savings: Save up to 10 cents per litre at Journie Rewards gas stations (Ultramar, Fas Gas, Pioneer, Chevron).
- Low Income Requirement: Only a $15,000 household income requirement, making it accessible to a wider audience.
Cons
- Limited Insurance Coverage: Only includes basic insurance options, which may not be ideal for travelers or those seeking comprehensive coverage.
- Annual Fee: The $99 annual fee reduces the net rewards slightly.