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CIBC Dividend Visa Card Review

Maximize your spending potential and embrace the ease of cashback rewards.

CIBC Dividend Visa
Source: CIBC Dividend Visa

Experience the cashback revolution with the CIBC Dividend Visa – your ticket to bonus rewards on groceries, all without annual fees. Whether you’re replenishing your pantry or indulging in a shopping spree, this card showers you with cashback on every transaction, offering a savvy solution for stretching your budget on daily purchases.

With its intuitive perks and fee-free setup, the CIBC Dividend Visa streamlines the reward process, catering to users of all backgrounds. Bid farewell to convoluted reward schemes and welcome the simplicity of direct cashback benefits, enriching your wallet with each swipe.

CIBC Dividend Visa
CIBC Dividend Visa
no annual fee cash back on groceries
Get the reliable, everyday use card that earns you cash back on daily essentials

Earning Rewards

Imagine this: With the CIBC Dividend Visa, your spending habits are rewarded like never before. Earn a generous 2% cashback on groceries, 1% cashback on gas, EV charging, transportation, recurring bill payments, and dining, and 0.5% cashback on all other purchases.

Just picture it – spending $6,000 on groceries could score you a whopping $120 in cashback, all without any annual fee. With the CIBC Dividend Visa, earning rewards is effortless, making it the perfect choice for savvy spenders eager to maximize their everyday purchases.

Redeeming Rewards

Experience the flexibility of redemption with the CIBC Dividend Visa Card. Once your cashback balance hits a minimum of $25, you have the freedom to redeem it anytime through our user-friendly platform. Whether you’re treating yourself or simply enjoying the perks of your rewards, access them whenever you please.

Alternatively, if you prefer to accumulate your cashback rewards for a bigger payout, opt to receive them annually as a credit on your January statement. Start the new year off right with a financial boost. With the CIBC Dividend Visa Card, your rewards are in your hands, allowing you to maximize their value based on your preferences.

CIBC Dividend Visa Card benefits


Say goodbye to bothersome annual fees and bask in the delight of perpetual cash back rewards that keep on giving. It’s like receiving rewards effortlessly for your everyday transactions – a rare gem in today’s landscape. With the CIBC Dividend Visa Card, relish the benefits sans the annoyance of annual fees, making each purchase even more gratifying!

Welcome Bonus

For your initial four statements, the CIBC Dividend Visa presents a tantalizing 10% cashback on net purchases of up to $2,500, allowing you to pocket up to $250 in cashback rewards. It’s an exceptional chance to maximize your spending and ramp up your rewards right from the get-go.

Extended Warranty

Rest assured with the CIBC Dividend Visa Card, as peace of mind is guaranteed. Benefit from Extended Warranty Protection, adding an extra layer of security to your purchases. Purchase eligible items with your card, and if they come with a manufacturer’s warranty of five years or less, enjoy an additional year of coverage.

Purchase Protection

Shopping becomes even sweeter with the CIBC Dividend Visa Card, thanks to its remarkable Purchase Protection feature. Picture this scenario: you make a purchase using your card, and then, oops – an unexpected mishap occurs. Fear not! With Purchase Protection, eligible items bought with your card are shielded against theft or damage for a specified period post-purchase.

No Expiring Rewards

With the CIBC Dividend Visa Card, bid adieu to expiring rewards, granting you the freedom to save up for something special without any time constraints. Whether you’re planning a dream vacation or stashing away for a rainy day, rest assured that your hard-earned rewards will be there when you need them. Say hello to limitless possibilities with the CIBC Dividend Visa Card!

Gas Discounts

Prepare to amplify your savings with the CIBC Select Visa Card and Journie Rewards! Link your card with Journie Rewards and relish discounts of up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.

Send Money Abroad

Maximize your benefits with your initial transfer using promo code GMTEVENT and earn cashback with the CIBC Dividend Visa Card. With no transfer fees, cash advance fees, and no interest if you pay your balance by the payment due date, seize this exclusive offer to earn cashback rewards while enjoying the convenience and flexibility of the CIBC Dividend Visa Card.

Car Rentals Discounts

Unlock exclusive savings on global auto rentals when you pay with your Dividend card at participating Avis and Budget locations. Enjoy up to 25% off your rental, allowing you to explore destinations near and far without breaking the bank. With your Dividend card, not only do you earn cashback rewards on your purchases, but you also access fantastic discounts on travel essentials like rental cars.

Who can apply?

CIBC Dividend Visa
Source: CIBC Dividend Visa

To become a CIBC Dividend Visa Cardholder, you must reside in Canada and meet the age of majority in your province. If you’re new to CIBC, you’ll need to furnish standard details like your address and income. Best of all, there’s no annual fee for the CIBC Dividend Visa Card, making the application process entirely cost-free! Don’t let this chance slip away – apply for your card today and begin earning cashback rewards!

How to apply?

Applying for a CIBC Dividend Visa Card is easier than you think:

  1. Go to the CIBC website and look for CIBC Dividend Visa Card
  2. Click on Apply Now
  3. Read Terms and Conditions
  4. Fill your personal and financial details
  5. Submit your application

Frequently asked questions

How can I redeem my cash back with the CIBC Dividend Visa Card?

You can redeem it at any time with a minimum balance of $25 via CIBC Online Banking or CIBC Mobile Banking.

What additional benefits does the CIBC Dividend Visa Card offer?

The CIBC Dividend Visa Card offers additional benefits such as Extended Warranty Protection and Purchase Protection, providing you with added peace of mind for your purchases.

How can I increase my credit limit?

If you are eligible, you can request a credit limit increase online, on the other hand, you can do it by calling the number located on the back of your credit card.

What is the credit limit?

Your credit limit will likely be based on your creditworthiness.

CIBC Dividend Visa
CIBC Dividend Visa
no annual fee cash back on groceries
Get the reliable, everyday use card that earns you cash back on daily essentials

A credit card expert, she utilizes her expertise to create informative content on credit cards, empowering others with financial knowledge.