CIBC Dividend Platinum Visa Card
Earn up to $400 in value
Affiliate Disclosure: We may receive compensation when you click on links to products from our partners. This helps us provide free comparison tools and content. Our editorial opinions are independent of any compensation we receive. This link takes you to CIBC's website where you can complete your application.
📋Card Overview
🎁Welcome Bonus & Eligibility
Welcome Offer
Earn a 10% cash back welcome bonus of up to $300 for the first 4 statements on net purchases up to $3,000. A $50 cash back bonus for setting up one pre-authorized payment within the first 4 monthly statements. Plus, get a first-year annual fee rebate valued at $99.
Eligibility Requirements
Offer applies to newly approved card accounts only. Transfers and product changes from other CIBC credit cards are excluded from this offer. 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.
✨Key Card Features
- streetcar
- taxi
- car rentals and cruises)
- (ii) eating places and restaurants
- drinking places and fast food restaurants
- (iii) recurring payments that are pre-authorized with a merchant to occur on a regular schedule (e.g. daily
🏆Rewards Program
Cash back
Earn rewards on every purchase with the Cash back program. Redeem for travel, merchandise, gift cards, or statement credits.
👤Who Can Apply?
Residency
Canadian residents
Eligibility
$15,000 minimum annual household income
🤔Is This Card Right For You?
✅ This card is great for:
- •People who want Cash back rewards
- •Anyone looking for a generous welcome bonus
❌ Look elsewhere if:
- •You want a no-annual-fee card
- •You don't spend enough to justify the rewards structure
- •You prefer a different rewards program
⚖️Pros & Cons
Pros
- +Generous welcome bonus: Earn up to $400 in value
- +Cash back rewards program
Cons
- −High interest rate (20.99%)
🏆Our Verdict
The CIBC Dividend Platinum Visa Card offers straightforward cash back rewards that are easy to understand and redeem. The welcome bonus provides a nice head start. Great for those who prefer cash over points.
Apply on Issuer Site❓Frequently Asked Questions
What is the annual fee for the CIBC Dividend Platinum Visa Card?
The CIBC Dividend Platinum Visa Card has an annual fee of $99. $99 - first year rebated.
What are the interest rates for the CIBC Dividend Platinum Visa Card?
The purchase interest rate is 20.99% and the cash advance rate is 22.99%.
Who can apply for the CIBC Dividend Platinum Visa Card?
$15,000 minimum annual household income
What welcome bonus does the CIBC Dividend Platinum Visa Card offer?
Earn a 10% cash back welcome bonus of up to $300 for the first 4 statements on net purchases up to $3,000. A $50 cash back bonus for setting up one pre-authorized payment within the first 4 monthly statements. Plus, get a first-year annual fee rebate valued at $99.
Is the CIBC Dividend Platinum Visa Card worth it?
The CIBC Dividend Platinum Visa Card is worth considering if you can maximize its rewards. The welcome bonus of Earn up to $400 in value adds significant value. The Cash back program offers flexibility for redemptions.
