CIBC Dividend Platinum Visa Card
CIBC · Cashback · Statement Credit
This comprehensive guide covers the CIBC Dividend Platinum Visa Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The CIBC Dividend Platinum Visa Card from CIBC offers cashback rewards credited directly to your statement at 2%. Top earning categories include 2% cash back on gas, groceries and dining and more. Annual fee is C$79 (waived for first year).
Best for: Fuel, Grocery, Dining, Utility
Reward Examples
Spend C$1,000 on Fuel → earn C$20 (2%) · 2% cash back on gas, groceries and dinin
Spend C$1,000 on Utility → earn C$10 (1%) · 1% cash back on recurring bill payments
Spend C$1,000 on General online → earn C$5 (1%) · 0.5% cash back on everything else
Official product page → Official rules →
Waiver: Waived for first year
Reward Rules
- 2% 2% cash back on gas, groceries and dining
- 1% 1% cash back on recurring bill payments
- 1% 0.5% cash back on everything else
Important Notes
- Mid-tier cashback card between CIBC Dividend (entry) and Dividend Infinite (premium).
- Annual fee waived for first year.
- Cashback automatically credited as statement credit.
- Purchase security and extended warranty included.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
CIBC Dividend Platinum Visa Card vs Similar Cards
- Alterna Savings Cash Back Visa — 2% top rate · C$0
- BMO Cash Back Mastercard — 3% top rate · C$0
- BMO CashBack World Elite Mastercard — 5% top rate · C$120
Maximize Your Rewards
To earn the highest rewards, use the CIBC Dividend Platinum Visa Card for its bonus categories: Fuel, Grocery, Dining, Utility, Streaming.