Cash back on every purchase and no annual fee

Earn up to 1% cash back1

CIBC Dividend Card®

  • Get the convenience of a credit card with no annual fee
  • Shop confidently with Purchase Security & Extended Protection Insurance2
  • Save with car rental discounts of up to 25%3

Rewards

The more you charge, the more you earn

Get cash back1 on all your card purchases

0.25%0.25% cash back on your first $1,500 in net annual card purchases

0.5%0.5% cash back on your next $1,500 in net annual card purchases (between $1,500 and $3,000)

1.0%1% cash back on any net annual card purchases exceeding $3,000

Find out how much cash back you could be earning

Use the slider to indicate your approximate monthly credit card purchases.

This tool is currently unavailable. Please see Overview and Advice.

Benefits

CIBC's everyday cash back card

This card is perfect if you:

  • Want up to 1% cash back on card purchases1
  • Use your credit card frequently and want no limit to how much cash back rewards you can earn
  • Want replacements for lost, stolen or damaged items with Purchase Security and Extended Protection® Insurance2
  • Enjoy perks such as Avis® and Budget® car rental discounts3
  • Have a minimum household income of $15,000

Annual Fee: $0 Each Additional Card: $0 per year (3 card maximum)

Interest Rate — Purchases4: % Interest Rate - Cash4: %

Insurance Coverage

Travel and shop confidently with CIBC insurance

Included

  • $100,000 Common Carrier Accident Insurance2
  • Purchase Security & Extended Warranty Insurance2

Optional

  • CIBC Payment Protector™ Insurance for credit cards
  • CIBC Emergency Travel Medical Insurance

Agreements and Insurance

Cardholder Agreement, Benefits Guide and Insurance Certificates

Why CIBC

Even more reasons to choose the CIBC Dividend Card

Authorized User Spending Limits

Assign specific spending limits for purchases and cash to your authorized user(s)5– at no cost.

CIBC CreditSmart®

Innovative credit management tools to help you better manage your credit card spending, and protection features for enhanced security.

CIBC Mobile Banking®

On-the-go banking 24/7 with CIBC Mobile Banking® Apps for iPhone, iPad, Android™ and BlackBerry®.

CIBC Online Banking®

View electronic statements, make payments and transfers, increase credit limits, request additional cards, and more.

Visa payWave*

Available on your Visa payWave-enabled credit card and eligible registered smartphone through the CIBC Mobile Payment App. This no-fee payment feature is a great alternative to using cash for small purchases up to $100. Simply look for merchant terminals with the Contactless symbol, hold your CIBC Visa card or smartphone in front of the merchant terminal and you’re on your way.6

Ratings and Reviews

1 Cash back (or Dividend Dollars®) is earned on a tiered basis on card purchases less returns and not on cash advances, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Cash back is calculated as follows: on the first $1,500 in net annual card purchases on your Dividend Visa Card account, the cash back earned is 0.25%; on your next $1,500 in net annual card purchases, the cash back earned is 0.5%; on amounts greater than $3,000 in net annual purchases, the cash back earned is 1.0%. Program terms may change without notice. Cash back earned on purchases is credited to you when the December monthly statement is issued. If your card is not in good standing when the December monthly statement is issued, cash back earned on purchases may not be credited to you.

2 Insurance coverage(s) included with CIBC credit cards are underwritten by Royal & Sun Alliance Insurance Company of Canada (RSA). Different cards will have different coverage(s). To learn about included insurance(s), and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see www.cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance(s) require purchases, common carrier fares and other trip costs to be charged to the card to activate coverage (other conditions may also apply). Certain RSA coverages are “excess insurance” (all other sources of insurance and recovery must be exhausted before benefits are available). For more information, call RSA toll-free at 1-866-363-3338 in Canada, continental U.S and Hawaii or collect from elsewhere at 905-403-3338.

3 Discounts are determined by the participating rental agency and apply to time and kilometre/mileage charges only. Visit www.cibc.com for further details.

4 Interest rates will change from time to time on at least 30 days prior notice to primary cardholders. “Cash” refers to cash advances, balance transfers and Convenience Cheques.

5 The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized users by contacting CIBC. CIBC may make adjustments to the spending limits any time following a decrease in the credit limit or cash limit of the card. The spending limits for authorized users will be subject to the overall credit limit and cash limit on the credit card account, so the funds available to an authorized user may be less than the spending limit set. An Authorized User Spending Limit will reset monthly, or earlier if requested by the primary cardholder or if a payment on the credit card account is made by the applicable authorized user. For full details visit cibc.com/spendinglimits.

6 Subject to merchant transaction limits. The Authorized User Spending Limit and the CIBC Mobile Payment App features cannot be used on the same credit card account.

7 The rewards calculator tool is only for general illustration purposes; your actual results may differ. Aeroplan Miles/ Aventura Points/cash back/Tim Cash/PETRO-POINTS are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aeroplan Mile/Aventura Point redemptions (as applicable). For the Aerogold Visa Infinite Card, the Aventura Visa Infinite Card and the Aerogold Visa Card, 50% more Aeroplan Miles or Aventura Points on gas, grocery and drug store card purchases is only available on the first $80,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For the Aerogold Visa Infinite Privilege Card, 50% more Aeroplan Miles on gas, grocery and drug store card purchases is only available on the first $100,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at grocery, drug store and gas merchants will earn Aeroplan Miles or Aventura Points at the regular rate. For CIBC cash back credit cards, cash back is earned on a tiered basis and is dependent upon the net annual dollar amount spent on the card over the year to date. For details about earning and redeeming rewards, the Welcome Bonus and other card benefits, including terms and conditions, review the benefit guides found here.

All information is valid at the time of publication and is subject to change without notice.

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