Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Rewards CanadaThe CIBC Dividend Platinum Visa Card is a decent mid-level cash back rewards card that is perfect for those who do not have the income level to apply for an Infinite Card. The valuable welcome bonus offer coupled with strong accelerated earn rates make it an excellent choice for a cash back card in...
- Hannah Logan, Money.caThe CIBC Dividend Platinum® Visa* Card offers cash back rewards ranging from 1%–3% (depending on where you shop), as well as a moderate spread of extra insurance and travel benefits. It’s a particularly appealing cash back card for those that spend a lot on gas, EV charging, and groceries, and offer...
- Victor, Yore OysterThe CIBC Dividend Platinum Visa is not worth it. It may be worth it for its higher cash back earn rate of up to 3%, but the CIBC Dividend Visa Card is more worth it since it has similar features to the Platinum Visa and does not have any annual fees. It also has the same security features and offers...
- Christopher Liew, CFA, WealthAwesomeIt has a high-earning flat-rate cashback reward of up to a remarkable 4% on your purchases with the card. Of course, it comes with a few conditions, and the cashback is not always 4%. But there seem to be more positives about this card than the negatives that I could find. There is no cap on how muc...
- Claire Horwood, FinderThe CIBC Dividend Platinum Visa Card offers a competitive return on cash back for gas and groceries as well as a higher return on transportation, dining and recurring payments. It also comes with a generous welcome bonus, basic insurance and limited travel coverage for a reasonable annual fee, which...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 20.99% |
| Balance Transfer Interest Rate | 22.99% |
| Cash Advance Interest Rate | 22.99% |
| Rates & Fees | |
| Annual Fee |
$99.00 First year rebated |
| Balance Transfer Fee |
3% Maximum |
| Cash Advance Fee | $5.00 |
| Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
| Over Limit Fee |
$29.00 Fee not applicable to Quebec residents. |
| Late Payment Fee |
$0.00 |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | 1% cash back |
| Restaurants | 2% cash back |
| Gas |
3% cash back Including electric vehicle charging stations |
| Groceries | 3% cash back |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills |
$2 per $ spent On payments made for recurring payments |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders |
$30 per year for each card |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | Yes |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | No |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | Apple Pay, Samsung Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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