CIBC Dividend Platinum Visa Card
CIBC
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
Researching and writing about Canadian credit cards and rewards since 2026.
“CIBC Dividend Platinum Visa Card Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/cibc-dividend-platinum-visa, updated June 2026.
- CIBC cardholder agreement and rates & fees disclosure
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