CIBC Dividend Visa Card for Students
Students who want simple cash back and credit-building with no fee.
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
An excellent first card: the $125 welcome offer and 2% grocery rate are generous for a student product, and SPC+ adds everyday savings.
Reward rates
Groceries | 2% |
Gas & EV charging | 1% |
Transportation | 1% |
Dining | 1% |
Recurring payments | 1% |
Everything else | 0.5% |
Welcome bonus
Up to $125 cash back
Requirement: $25 cash back after first purchase within first 4 statements; 10% welcome bonus (up to $100) on up to $1,000 in net purchases over first 4 statements
Pros
- Real cash back welcome bonus on a student card
- SPC+ membership included free
Cons
- 0.5% base earn rate
- Minimal insurance
Perks
- No annual fee and no minimum income requirement
- Free SPC+ membership with discounts at 450+ brands
- 2% cash back on groceries
- Builds credit history for post-secondary students
- Up to 10 cents off per litre with Journie Rewards
Insurance
- Purchase security and extended protection
Frequently asked questions
Is the CIBC Dividend Visa Card for Students worth it?
It has no annual fee, and we rate it 3.7 out of 5. It's best suited to students who want simple cash back and credit-building with no fee. The welcome bonus is worth roughly $125, 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 Visa Card for Students earn?
It earns 2% on groceries, 1% on gas & ev charging and 1% on transportation.
What credit score do you need for the CIBC Dividend Visa Card for Students?
We'd suggest a score of around 600 or higher, which puts approval in our "easy" band. 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 Visa Card for Students Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/cibc-dividend-visa-students, updated June 2026.
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