CIBC Dividend Platinum Visa Card
Cash-back seekers who don't meet Visa Infinite income requirements.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
A capable mid-tier cash back card, though most who qualify should stretch to the Dividend Visa Infinite for better rates and insurance.
Reward rates
Groceries | 3% |
Gas & EV charging | 3% |
Transportation | 2% |
Dining | 2% |
Recurring payments | 2% |
Travel via CIBC by Expedia | 2% |
Everything else | 1% |
Welcome bonus
Up to $300 in value: 10% cash back welcome bonus (up to $200), $50 pre-authorized payment bonus and first-year annual fee rebate
Requirement: 10% bonus on up to $2,000 in net purchases over first 4 statements; set up one pre-authorized payment within first 4 statements
Pros
- Strong cash back rates with an accessible income requirement
- First-year fee rebate
Cons
- For $21 more, the Visa Infinite earns 4% in top categories
- No travel medical or mobile device insurance
Perks
- 3% cash back on gas, EV charging and groceries
- 2% on transportation, dining and recurring payments
- Low $15,000 household income requirement
- Up to 10 cents off per litre with Journie Rewards
- Free Skip+ membership when linked
Insurance
- Purchase security and extended protection
- Common carrier accident ($500,000)
- Car rental collision and loss damage
Frequently asked questions
Is the CIBC Dividend Platinum Visa Card worth it?
It charges a $99 annual fee, and we rate it 4.0 out of 5. It's best suited to cash-back seekers who don't meet Visa Infinite income requirements. The welcome bonus is worth roughly $300, which covers the first year for many people. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the CIBC Dividend Platinum Visa Card earn?
It earns 3% on groceries, 3% on gas & ev charging and 2% on transportation.
What credit score do you need for the CIBC Dividend Platinum Visa Card?
We'd suggest a score of around 680 or higher, which puts approval in our "moderate" band. It also lists an income requirement of $15,000 household. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“CIBC Dividend Platinum Visa Card Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/cibc-dividend-platinum-visa, updated June 2026.
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