On February 1, 2021, we're enhancing our CIBC Dividend cards

 



Choose your card to find out what's changing


Have a card we don't offer anymore? Choose your card to find out what's new

Get to know the enhanced CIBC Dividend cards

Cash back reward changes

Current

2%

cash back on groceries2

0.5%

cash back on the first $6,000 in other purchases2

1%

cash back on other purchases over $6,0002

Starting February 1, 2021

2%

cash back on groceries3

1%

cash back on gas, transportation, dining and recurring payments3

New multiplier

0.5%

cash back on everything else3


New feature  Cash back on demand1

Cash back reward changes

Current

4%

cash back on gas and groceries4

2%

cash back on Tim Hortons® and TELUS® purchases4

1%

cash back on everything else4

Starting February 1, 2021

3%

cash back on gas and groceries5

2%

cash back on transportation, dining and recurring payments5

New multiplier

1%

cash back on everything else5


New feature  Cash back on demand1

Cash back reward changes

Current

4%

cash back on gas and groceries4

2%

cash back on Tim Hortons and TELUS purchases4

1%

cash back on everything else4

Starting February 1, 2021

4%

cash back on gas and groceries6

2%

cash back on transportation, dining and recurring payments6

New multiplier

1%

cash back on everything else6


New feature  Cash back on demand1

Insurance changes

Current

  • Purchase Security and Extended Protection Insurance7
  • Out-of-Province Emergency Travel Medical Insurance (15 days)7
  • $500,000 Common Carrier Accident Insurance7
  • Auto Rental Collision and Loss Damage Insurance7
  • Trip Interruption Insurance7
  • Flight Delay and Baggage Insurance7

Starting February 1, 2021

  • Mobile Device Insurance8 — New
  • Purchase Security and Extended Protection Insurance8
  • Out-of-Province Emergency Travel Medical Insurance (10 days)— Reduced
  • $500,000 Common Carrier Accident Insurance8
  • Auto Rental Collision and Loss Damage Insurance8

Annual fee changes

Current

$99

for the primary cardholder

$30

for each authorized user

Starting February 1, 2021

$120

for the primary cardholder

$30

for each authorized user

Cash back on demand1

With our new redemption feature, you can redeem your cash back at any time through CIBC Online and Mobile Banking® or by calling us at 1-800-465-4653 Opens your phone app..

Or wait to get your cash back annually as a credit on your January statement.

Your questions on Dividend program changes answered