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CIBC Debuts Mastercard That Adapts Rewards to Spender Behavior

Summary by PYMNTS.com
Canadian bank CIBC has teamed with Mastercard on a new credit card offering. The CIBC Adapta Mastercard, announced Thursday (May 1), is the first credit card in Canada to automatically determine a user’s top monthly spending categories based on where they spend the most, while also rewarding 50% more points on those categories. According to a Mastercard news release, the card is also the first in Canada to include the company’s Touch Card design…
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Newswire broke the news in on Thursday, May 1, 2025.
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