CIBC Dividend Platinum® Visa* Card

CIBC Dividend Platinum® Visa* Card

CIBC's best cash back credit card.

Get 10% cash back (up to $250)†

Welcome Bonus

Up to 250 $ cash back

Best For

Value
Year 1

$776

Years 2 and +

$328

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

Your Monthly Spending

Offer

Offer

Get a first-year annual fee rebate for you and up to three Authorized Users† and 10% cash back for the first 4 statements on net purchases of up to $2,500.† After that, get 3% cash back on eligible gas and grocery purchases.†

  • Save on gas with CIBC and Journie Rewards Link your CIBC Dividend Platinum card Visa* to Journie Rewards and use it to automatically save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations†.
  • 3% cash back on eligible gas 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®†
  • Ongoing Purchase APR: 20.99%†
  • Cash Advance APR: 22.99% (21.99% QC only)

Fees & Conditions

Personal Income $15,000
Household Income $15,000
Annual Fee $99
First Year Annual Fee Rebate
First Additional Card $0
First Year Annual Fee Rebate - First Additional Card
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.99%
Cash Advance Rate (QC) 21.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First Year Annual Fee Rebate
-
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Welcome Bonus Up to $250 cash back
Minimum Spending Required $2,500
Minimum Spending Timeframe 120 day(s)

Earnings

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

Insurance

Purchase Protection
Extended Warranty
4.1 Milesopedia Rating