Cash Back
CIBC Dividend Platinum Visa Card
CIBC
Current Welcome Offer
Join and earn up to $300 in value including an annual fee rebate.
Annual Fee
$99
$0
1st Year Free
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$300
RateBuddy Verdict
The Good
- Highly accessible entry point for a premium cash back card, requiring only a $15,000 household income.
- Features flexible on-demand redemption once your balance reaches $10, rather than waiting for an annual payout.
- The first-year annual fee rebate applies to both the primary cardholder and up to 3 authorized users.
The Trade-offs
- Lacks Travel Medical and Mobile Device insurance, which are included in the higher-tier Infinite version.
- The 3% grocery and gas rate is 1% lower than the Dividend Visa Infinite.
Rewards & Earnings
Groceries 3.00%
Dining & Takeout 2.00%
Gas & Transit 3.00%
Travel 2.00%
Base Rate 1.00%
Rewards Summary: Gas, EV & Groceries: 3% cash back; Dining, Transit & Recurring Bills: 2% cash back; CIBC by Expedia: 2% cash back; Base Earn: 1% unlimited cash back; Redemption: On-demand (min. $10).
- Gas, EV Charging & Groceries: 3.0%
- Dining, Transportation & Recurring Payments: 2.0%
- CIBC by Expedia Travel: 2.0%
- All Other Purchases: 1.0%
Welcome Bonus Details
Join and earn up to $300 in value including an annual fee rebate.
Estimated Value: $300.00
Features & Benefits
First-Year Fee Waived
First-year fee rebated for primary and up to 3 authorized users
Car Rental Collision/Loss Damage Waiver
Auto Rental Collision and Loss Damage Insurance included
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Common Carrier Accident Insurance
Up to $500,000 coverage
Additional Perks
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Insurance Coverage
Auto Rental Collision: Included; Common Carrier: $500,000; Purchase Security: 90 days; Extended Warranty: +1 Year; Note: Does not include Travel Medical or Mobile Device insurance.
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $99 |
| Income Required | Household: $15,000 |