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CIBC Dividend Platinum® Visa* Card

CIBC Dividend Visa platinum front en
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Welcome Bonus
Up to $300 cash back†
  • Digital Exclusive Offer†
  • 3% cash back on gas, EV charging, and grocery purchases†
  • Purchase Security and Extended Protection Insurance†
Annual Fee
$99
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
20.99 %
Cash Advance Rates
22.99 %
21.99 % (QC)
Balance Transfer Rates
22.99 %
21.99 % (QC)
See all cards from CIBC
CIBC Dividend Visa platinum front en
CIBC Dividend Platinum® Visa* Card
Up to $300 cash back†
Apply Now

Offer

Welcome Offer: Join and earn over $350 in value including a first year annual fee rebate.†

Here’s how you can earn over $350 in value:

  • Earn a 10% cash back welcome bonus of up to $250 (first 4 statements†)
  • A $50 cash back bonus for setting up one pre-authorized payment within the first 4 monthly statements.†
  • First year annual fee rebate valued at $99.†

After that, get 3% cash back on eligible gas, EV charging, and grocery purchases.†

  • 2% cash back on eligible transportation, dining purchases and recurring payments†
  • 1% cash back on all other purchases†
  • Get cash back on demand – redeem your cash back at any time when you have a minimum of $25 through CIBC Online and Mobile Banking®†

Save over $600 with CIBC and Skip

Get a 12-month Skip+ free trial and other exclusive benefits when you link your CIBC Dividend Platinum Visa Card with Skip.†

Save on gas with CIBC and Journie Rewards

Link and use your CIBC Dividend Platinum Visa Card with Journie Rewards to save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†

Fees & Conditions

Personal Income $15,000
Household Income $15,000
Annual Fee $99
First Year Annual Fee Rebate
First Additional Card $30
First Year Annual Fee Rebate - First Additional Card
Other Additional Card $30
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%
Balance Transfer Rates (QC) 21.99%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
$300
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
$399
-
Rewards Earned
$463
$463
Annual fee
-
$99
Net value
$862
$364

Advantages

Welcome Bonus amount Up to $300 cash back†
Minimum Spending Required $2,500
Minimum Spending Timeframe (Months) 4 month(s)

Earnings

Per dollar of purchases

All Spending 1 %
Groceries 3 %
Gas 3 %
Dining and Food delivery 2 %
Convenience Stores 1 %
Drugstores 1 %
Local Transport 2 %
Travel 1 %
Entertainment 1 %
Recurring Payments 2 %
Telecom/Internet 1 %
Streaming services 1 %
Online transactions 1 %
Office Supplies 1 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection

Our review

If you don’t meet the income requirements for the CIBC Dividend® Visa Infinite* Card, you could apply for the CIBC Dividend® Platinum Visa* Card. The minimum annual income required for this card is $15,000 (household).

With this offer, get a 10% welcome bonus in the form of up to $250 cash back (period covered by your first 4 statements) and a rebate for your first year’s annual fees!†

Plus, receive $50 cash back when you set up a pre-authorized payment within the first 4 months.

With the CIBC Dividend® Platinum Visa* Card, you get:

  • 3% cash back on eligible gas, EV charging, and grocery purchases.†
  • 2% cash back on eligible transportation, dining purchases and recurring payments†
  • 1% cash back on all other purchases†

And this CIBC Cash Back Credit Card offers some insurance coverage:

  • Auto Rental Collision/Loss Damage Insurance
  • $500,000 Common Carrier Accident Insurance
  • Purchase Security and Extended Protection Insurance
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