Have you signed up for a CIBC Dividend Credit Card and received a welcome bonus of several hundred dollars?
Here’s how to redeem cash back on a CIBC Dividend Visa Card.
First, log in to your profile in CIBC Online Banking.
The exchange can be done at any time during the year and it is not necessary to wait until the statement is issued to do so. The only requirement is that you have a balance of at least $25.
On the Operations tab, click on Redeem Now.
A window will open to enter the amount to be redeemed. Select the desired amount and click on Next.
CIBC then wants confirmation of the amount redeemed, showing the remaining balance. All that remains is to click on Confirm.
Congratulations!
The CIBC Cash Back redemption transaction is confirmed. With this, I will have $150 less to pay on my CIBC credit card balance.
Also, a confirmation email will be sent within minutes.
Then, your cash back redemption is posted to the account within five days. But in my experience, it is quite fast with one to two days delay.
It may be slower if there are upcoming holidays.
There are four CIBC credit cards that offer cash back:
The CIBC Dividend® Visa Infinite* Card is one of the best Visa credit cards with cash back in Canada.
Right now, with this welcome offer, get a 10% welcome bonus in the form of up to $300 cash back (period covered by your first 4 statements) and a first-year annual fee rebate†!
With this CIBC Cash Back Credit Card, you get:
For example, if you spend $1,000 per month on groceries and/or gas and/or electric vehicle charging, you’ll earn $40 cash back per month or $480 cash back per year with this card for this category of purchases!
And that’s not counting the other purchases you’ll make with this card and the advantages it offers (particularly in terms of insurance).
And this CIBC Cash Back Credit Card offers many insurance coverages:
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 $300 cash back (period covered by your first 4 statements) and a first-year annual fee rebate!†
With the CIBC Dividend® Platinum Visa* Card, you get:
And this CIBC Cash Back Credit Card offers some insurance coverage:
The CIBC Dividend® Visa* Card is one of the best no-fee Visa cashback credit cards in Canada.
For a limited time, earn 5% cash back (up to 100 $) during the period covered by your first 4 monthly statements.
Plus, get :
This no-annual-fee CIBC credit card offers certain insurance coverages:
The CIBC Dividend® Visa* Card for Students is one of the best cash back Visa credit cards for students in Canada. For a limited time, earn $50 cash back if you make a purchase within the first 4 months.
With this CIBC Student Credit Card, you get:
What’s more, with this CIBC Student Credit Card, you benefit from a free free membership to SPC, for instant savings on over 450 in-store and online transactions.
And this CIBC Student Credit Card offers some insurance coverages:
Read our tip for using this CIBC Dividend Card at Costco here!
Savings are here:
