Which has the lower annual fee, ATB Preferred Fixed-Rate or CIBC Adapta Mastercard?

The CIBC Adapta Mastercard has no annual fee, while the ATB Preferred Fixed-Rate charges $25/year.

Which card is better for groceries, ATB Preferred Fixed-Rate or CIBC Adapta Mastercard?

The ATB Preferred Fixed-Rate earns 0% on groceries, while the CIBC Adapta Mastercard earns 0.5x. The better choice depends on your grocery spending and the specific merchants you shop at.

ATB Preferred Fixed-Rate vs CIBC Adapta Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

CIBC Adapta Mastercard wins by $234/yr — strongest in groceries

CIBC Adapta Mastercard earns $64 more on groceries
CIBC Adapta Mastercard earns $48 more on travel

Groceries: +$64Travel: +$48Bills & Utilities: +$24

ATB Preferred Fixed-Rate: $30/yr in foreign transaction fees

CIBC Adapta Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

−$55

/first year

-0.1% effective$5/mo

vs 1% no-fee card: −$474

Annual rewards earned+$0

FX costs−$30

Annual fee−$25

Winner

$179

/first year

0.4% effective$15/mo

vs 1% no-fee card: −$239

Annual rewards earned+$209

FX costs−$30

Annual fee−$0

Best for your spendingCIBC Adapta Mastercard—$179Year 1 value

+$234 more than ATB Preferred Fixed-Rate

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Neither card currently offers a welcome bonus.

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The Bottom Line

CIBC Adapta Mastercard wins by $234/yr — strongest in groceries

CIBC Adapta Mastercard earns $64 more on groceries
CIBC Adapta Mastercard earns $48 more on travel

Groceries: +$64Travel: +$48Bills & Utilities: +$24

Showing Year 1 analysis

CIBC Adapta Mastercard wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Feb 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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