Overview of the CIBC Dividend Platinum® Visa* Card

CIBC Dividend Platinum® Visa* Card

On eligible gas, EV charging and grocery purchases.†

On eligible transportation, dining purchases and recurring payments†

On other purchases

Welcome bonus: Earn a 10% cash back welcome bonus of up to $250 (first 4 statements). Offer not available to QC residents. Terms and conditions apply.
Annual fee: $99
Reward: Earn 3% on eligible gas, EV charging and grocery purchases.†, 2% on eligible transportation, dining purchases and recurring payments†, 1% on other purchases
Average point value: $1
Purchase interest rate: 20.99%
Cash advance interest rate: 22.99%
Balance transfer interest rate: 22.99%
Minimum income: $15K/yr
Household income: $15K/yr
Recommended credit score: 725+
Network: VISA
Provider: CIBC
Card type: Cash back

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Welcome Offer: Get a first-year annual fee rebate and earn a 10% cash back welcome bonus of up to $250 (first 4 statements)!†

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 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.†
This is a digital-exclusive offer.† To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you.† This offer is reserved for you. Please do not forward it to anyone else.
CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Dividend card within the last 12 months.†
This offer is not available for the residents of Quebec.
†Terms and Conditions Apply

Spencer Steele June 2, 2017
Great card for gas expenses and groceries. Wish it was %2 back on all other purchases though. Happy with it so far.
Hugo Nolet October 14, 2016
It’s a good card! The dividend is a plus for me as I will do a lot of travelling with my car in the year to come. But I will have to go with my wife for the grocery to make sure to get more dividend, lot’s of fun coming !
Vincent Roy June 19, 2017
The 4% dividends is a really nice thing! I’ll use this card as much as possible! Would be nice to have a card like this without annual fees

Natasha Macmillan

April 15, 2024

3 | Our rating

The CIBC Dividend Platinum Visa lets you earn up to 3% cash back on purchases, with no limit on the 1% base rate.

Flexible cash back redemption: Users can redeem rewards at any time as a statement credit starting in increments of $25
Exclusive discounts: Save up to 10¢ per litre on gas by linking your Journie Rewards account at participating Pioneer, Chevron and Ultramar stations, and save up to 25% at participating Avis and Budget locations
Newcomer to Canada offer: Available to new Canadian residents with a credit score greater or equal to 720 with a first year annual fee rebate

Limited insurance coverage: Insurance coverage isn’t as comprehensive as other rewards cards (if insurance is a priority for you, consider the cards featured on our list of best credit cards for travel insurance)
Bonus cash back rewards are limited: The 2% and 3% cash back rates only apply to the first $80,000 in annual purchases, then you’ll earn at the standard 1% rate