The ClearFin bottom line
💵 3% Cashback
Its strongest published earn rate in our data is 3.0% on groceries. The $99 annual fee should be weighed against the rewards and benefits you expect to use.
Checked 2026-08-09 · Official issuer catalogueIndependent ClearFin review · CIBC
CIBC Dividend Platinum Visa
Start with up to $300 in value including first-year annual fee rebate.
Independent comparisonFees includedCanadian card data
- Annual fee
- $99
- Reward type
- Cash Back
- Welcome offer
- $300
- Insurance
- Not listed
Current new-cardmember offer
Confirm with the issuer
💵 3% Cashback
Welcome bonus
Up to $300 in value including first-year annual fee rebate
How to earn it
- 10% cash back up to $200Earn 10% cash back on net purchases up to $2,000 during the first 4 monthly statements
- $50 cash back bonusSet up and complete at least one pre-authorized payment within the first 4 monthly statements
- $99 annual fee rebateFirst-year annual fee is rebated when the account is opened in good standing
Offer details
Available to new approved CIBC Dividend Platinum Visa cardholders. Not available to existing cardholders or those who have held this card within the last 12 months.
How you earn
- 3% cash back on eligible gas, electric vehicle charging, and groceries
- 2% cash back on transportation, dining, recurring payments, and eligible travel booked through CIBC by Expedia
- 1% cash back on all other purchases
Costs and requirements
Fees & eligibility
Confirm final approval criteria and current rates directly with the issuer.
Annual fee$99
Purchase interest20.99%
Cash advance interest22.99%
Foreign transaction fee2.5%
Income requirementNot statedIssuer approval criteria apply
Household income$15,000Alternative minimum
Recommended credit score660+ Fair to Good
The CIBC Dividend Platinum Visa Card is a mid-tier cashback product designed for applicants with established credit profiles. It offers category-based cashback rewards and is positioned below Visa Infinite products in the CIBC lineup.
300Poor
560Fair
660+Good
725Very Good
760Excellent
ClearFin estimate on Canada's 300–900 scale. This is not an issuer cutoff or approval guarantee; lenders may use different bureau scores and underwriting criteria. Estimated approval range only and not published by CIBC. Approval depends on income, credit history, existing debt levels, payment behaviour, and overall financial profile. Meeting the minimum income requirement does not guarantee approval.
Reward limits: The CIBC Dividend Platinum Visa Card does not impose a maximum cap on total cash back earnings. Cashback is earned at the advertised category rates on eligible purchases without an overall program limit.
Using your rewards
Redemption options
Redemption values and availability may vary by option and can change.
Redeem earned cash rewards using the issuer's available cash-back or statement-credit options.
Minimum redemption amounts, automatic payout timing, and eligible account credits vary by issuer; confirm the current program terms before applying.
Beyond the points
Benefits that come with the card
Consider these extras by the value they add to purchases and experiences you already use.
Purchase Security Insurance
Protects eligible purchases against theft, loss, or damage for a limited period after purchase when charged to the card.
Extended Warranty Insurance
Extends the manufacturer’s original warranty by up to one additional year on eligible purchases.
Common Carrier Accident Insurance
Provides coverage in the event of accidental death or injury while travelling on a licensed common carrier.
Car Rental Collision and Loss Damage Insurance
Covers eligible rental vehicles against damage or theft when the full rental cost is charged to the card.
Visa Platinum Travel and Lifestyle Benefits
Includes access to Visa Platinum perks such as special offers, discounts, and partner experiences.
Journie Rewards Fuel Savings
Save up to 10 cents per litre at participating gas stations when linking and using Journie Rewards with an eligible CIBC card.
Global Money Transfer Fee Waiver
Send money internationally with no transfer fee and no cash advance interest when the balance is paid in full by the due date.
CIBC Pace It Installment Plans
Convert eligible purchases into fixed monthly payments with interest-based installment options.
Show all 11 benefitsShow fewer
Skip+ Membership Offer
Eligible cardholders can receive a complimentary Skip+ membership with delivery fee savings and monthly voucher benefits.
Disney+ Subscription Offer
Eligible cardholders may receive statement credits on qualifying Disney+ Standard with Ads subscriptions for a limited promotional period.
Card Management and Security Tools
Includes spend alerts, fraud monitoring, card locking, activation tools, and digital dispute resolution through CIBC Online and Mobile Banking.
Protection included
Insurance at a glance
No included coverage is verified in ClearFin's current catalogue.
Insurance is not currently listed for this product.
This does not prove that coverage is unavailable. Confirm the issuer's current certificate and benefit guide before relying on protection.
Check the official card page ↗The verdict
What we like
- High cashback on gas and groceries (3%)
- No cap on total cashback earnings
- Includes insurance coverage such as purchase security and extended warranty
Worth noting
- Annual fee after first year rebate ends
- High minimum income requirement ($15,000 personal or $15,000 household not required but still credit-qualified)
- Foreign transaction fee of 2.5% applies
ClearFin analysis
Our detailed review
A practical reading of where the card earns, what the fee buys, and which limits matter.
💵 3% Cashback
3% cashback on gas, EV & groceries. 2% on transport, dining, recurring bills & travel. 1% everything else.
How the rewards work
Groceries, Gas receive the strongest estimated return at 3.0%. Purchases outside the accelerated categories earn an estimated 1.0%.
What the annual cost means
Using the strongest estimated category return alone, roughly $3,300 in annual spending at that rate would equal the $99 fee before considering the value of insurance, partner benefits, or a welcome offer.
Who it may suit
This card is most relevant for someone who spends consistently on groceries and gas and can use enough of the included value to justify the yearly cost.
What to examine before applying
Compare the purchase interest rate, foreign-transaction fee, approval requirements, reward limits, and insurance certificates. Pay particular attention to merchant-category rules because a store may not receive the reward rate its products appear to suggest.
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Issuer terms apply. ClearFin is not affiliated with this provider. How we make money. Card facts were checked against the issuer's official source. The issuer's current catalogue was checked. Any field not explicitly listed remains marked as unverified rather than estimated.