Cash Back
No Annual Fee
Student
CIBC Dividend Visa Card for Students
CIBC
Current Welcome Offer
Join and earn up to $125 cash back
Annual Fee
$0
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$125
RateBuddy Verdict
The Good
- A top-tier no-fee student card that offers 2% cash back on groceries and flexible on-demand redemption.
- Includes a free SPC+ membership, providing significant daily savings for students on food, fashion, and tech.
- No minimum income requirement makes it very accessible for students starting their credit journey.
The Trade-offs
- Base earn rate of 0.5% is quite low for non-category spending.
- Does not include any travel insurance, car rental coverage, or mobile device protection.
Rewards & Earnings
Groceries 2.00%
Dining & Takeout 1.00%
Gas & Transit 1.00%
Travel 1.00%
Base Rate 0.50%
Rewards Summary: Groceries: 2% cash back; Gas, EV, Transit, Dining & Recurring Bills: 1% cash back; CIBC by Expedia: 1% cash back; Base Earn: 0.5% unlimited cash back; Perks: Free SPC+ & 12-month Skip+ trial.
- Groceries: 2.0%
- Gas, EV, Transportation, Dining & Recurring Payments: 1.0%
- CIBC by Expedia Travel: 1.0%
- All Other Purchases: 0.5%
Welcome Bonus Details
Join and earn up to $125 cash back
Estimated Value: $125.00
Features & Benefits
No Annual Fee
No annual fee
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Annual fee rebate with selected account
Free SPC+ Membership included
Additional Perks
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Insurance Coverage
Purchase Security: 90 days; Extended Warranty: +1 Year; Note: This card does not include Travel Medical, Trip Cancellation, or Car Rental insurance.
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Income Required | No specific requirement listed. |