Illustration, not the actual card design.
CIBC · Cash back
CIBC Dividend Platinum Visa
Annual fee
$99 · waived year one
Welcome offer
2-part offer
Market
Canada · CAD
Biggest part of the offer: Earn 10% cash back on net purchases in the first 4 monthly statements, up to $2,000 in purchases (includes your regular cash back).
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$250
+$250 welcome bonus
+$0 yearly credits
−$0 fee (waived)
Year 2
−$99
Costs $99 a year until your spending covers it.
Every year after
−$99
Costs $99 a year until your spending covers it.
Plus 5 benefits with no fixed dollar value, like Avis and Budget rental discount, Rental Car Collision/Loss Damage Insurance and Common Carrier Accident Insurance. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 10, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Offer may end without notice. Not available if you have opened, transferred or cancelled another Dividend card within the last 12 months. Only newly approved accounts qualify; transfers and product changes from other CIBC credit cards are excluded. Authorized users are not eligible. The account must be open and in good standing when the cash back is awarded, and the offer cannot be combined with any other offer. The first-year fee rebate covers you and up to three authorized users added at application.
- 1Earn 10% cash back on net purchases in the first 4 monthly statements, up to $2,000 in purchases (includes your regular cash back)$200 backYear 1
- 2Set up one recurring bill payment in the first 4 monthly statements$50 backYear 1
- First-year annual fee waived$99savedYear 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Groceries | 3% back | 3¢ |
| Gas & Fuel | 3% back | 3¢ |
| Recurring Bills | 2% back | 2¢ |
| Dining & Restaurants | 2% back | 2¢ |
| Transit | 2% back | 2¢ |
| Everything else | 1% back | 1¢ |
What else you get
Perks
- Avis and Budget rental discount
Up to 30% off base rates with Avis Pay Now or up to 35% off base rates with Budget Pay Now at participating locations worldwide
Insurance
- Rental Car Collision/Loss Damage Insurance
Rental car theft, loss or damage up to actual cash value, rental cars with an MSRP up to $85,000, rentals up to 48 consecutive days
- Common Carrier Accident Insurance
Accidental death or dismemberment as a passenger on a plane, train, bus or ship, up to $500,000 per insured person
- Purchase Security
Loss, theft or damage to most new items within 90 days of purchase; $60,000 maximum per cardholder across all CIBC cards
- Extended Protection
Doubles the manufacturer's warranty, up to 1 extra year
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by CIBC. Card and program names belong to their owners.
Details last checked Oct 10, 2026.