No Annual Fee
Student
Rewards
CIBC Adapta Mastercard for Students
CIBC
Current Welcome Offer
Join and earn up to $150 in value with no annual fee
Annual Fee
$0
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$150
RateBuddy Verdict
The Good
- Includes complimentary Roadside Assistance, an incredibly high-value perk for a student card with no annual fee.
- Automatically maximizes rewards by giving 1.5x points in the top 3 categories where you spend the most each month.
- Free SPC+ membership provides substantial discounts at hundreds of popular retail and food brands.
The Trade-offs
- Adapta points have a relatively low redemption value (approx. 0.67 cents per point) for statement credits.
- Credit limits are strictly capped ($5,000 for domestic students, $2,000 for international), which may be limiting for some.
- Lacks all travel-related insurance and mobile device protection.
Rewards & Earnings
Groceries 1.50%
Dining & Takeout 1.50%
Gas & Transit 1.50%
Travel 2.00%
Base Rate 1.00%
Rewards Summary: Dynamic Earn: 1.5 pts per $1 in your Top 3 Spend Categories; CIBC by Expedia: 2 pts per $1; Base Earn: 1 pt per $1; Perk: Free Roadside Assistance & Free SPC+ Membership.
- Top 3 Spend Categories (Automatic): 1.5 pts/$1
- CIBC by Expedia Travel: 2.0 pts/$1
- All Other Purchases: 1.0 pt/$1
Welcome Bonus Details
Join and earn up to $150 in value with no annual fee
Estimated Value: $150.00
Features & Benefits
No Annual Fee
No annual fee
Free Checked bag
Complimentary Roadside Assistance (DAA)
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Annual fee rebate with selected account
Free SPC+ Membership included
Additional Perks
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Insurance Coverage
Purchase Security: 90 days; Extended Warranty: +1 Year; Note: This card does not include Travel, Medical, or Car Rental insurance.
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Income Required | No specific requirement listed. |