Independent ClearFin review · CIBC
Start with up to $125 cash back welcome bonus.
Current new-cardmember offer
Confirm with the issuer
🎓 Student CashbackIts strongest published earn rate in our data is 2.0% on groceries. With no annual fee, it can be easier to keep long term without needing rewards to offset a yearly cost.
Checked 2026-08-09 · Official issuer catalogueHow to earn it
Available to new approved CIBC Dividend Visa Card for Students cardholders. Not available to existing or previous Dividend Visa cardholders within the last 12 months.
Confirm final approval criteria and current rates directly with the issuer.
The CIBC Dividend Visa Card for Students is a entry-level cashback credit card designed for students with little or no credit history. It focuses on building credit while earning cash back on everyday spending.
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 profile only. No formal credit score requirement is published. Approval is based on student status, income (if any), credit history, and overall creditworthiness. Many applicants are approved with limited or no prior credit history.
Reward limits: The CIBC Dividend Visa Card for Students has no overall cap on total cash back earned. Cashback is accumulated based on category rates and can be redeemed once the balance reaches $10 or more. There are no annual or lifetime earning limits.
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.
Consider these extras by the value they add to purchases and experiences you already use.
Purchase Security Insurance
Covers eligible new purchases against loss, theft, or damage for a limited period after purchase.
Extended Warranty Insurance
Extends the manufacturer’s warranty by up to one additional year on most eligible items purchased with the card.
Fuel Savings with Journie Rewards
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.
Cash Back Redemption Flexibility
Cash back can be redeemed once the balance reaches $10 or more through CIBC Online or Mobile Banking.
Visa Student Card Benefits
Access to Visa student-focused offers, partner discounts, and promotional experiences.
Skip+ Membership Offer
Eligible cardholders may receive complimentary Skip+ membership with delivery fee savings and monthly voucher benefits.
Disney+ Promotional Credits
Eligible cardholders may receive limited-time statement credits toward Disney+ Standard with Ads subscriptions.
Card Management and Security Tools
Includes fraud alerts, spend notifications, card locking, and dispute resolution via CIBC Online and Mobile Banking.
No included coverage is verified in ClearFin's current catalogue.
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 ↗What we like
Worth noting
A practical reading of where the card earns, what the fee buys, and which limits matter.
2% cashback on groceries. 1% on gas, EV, transport, dining, bills & travel. 0.5% else. For students.
Groceries receive the strongest estimated return at 2.0%. Purchases outside the accelerated categories earn an estimated 0.50%.
There is no annual fee to recover, which can make the card easier to keep for credit-history length or occasional use. Interest and other transaction fees can still apply.
This card is most relevant for someone who spends consistently on groceries and dining and prefers to avoid a yearly fee.
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.
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.
