Card Details

Bank Name: CIBC
Network Type: VISA
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (2.3)


Annual Fee: $0
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%


Personal Income Required: $15000
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

CIBC Dividend Platinum Review

Welcome Bonus: Get 5% cash back on all purchases for 4 statements up to a total spend of $3,000 for new cardholders
CIBC Dividend Platinum snapshot

CIBC Dividend Platinum® Visa* Card review

4% cash back on gas and grocery purchases

Get 1% cash back on everything else

Get maximum rewards

No limit on the total cash back you can earn


CIBC Dividend Platinum Rewards
CIBC Dividend Platinum Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
CIBC Dividend Platinum User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 2 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

CIBC Dividend Platinum FAQs

Other Recommended Credit Cards


Extra protection on new purchases

Double the manufacturer's original warranty up to one year on most of your purchases

Auto Rental Collision and Loss Damage Insurance

$500,000 Common Carrier Accident Insurance


Editor`s Review:

This card is similar to its older brother, the Dividend® Visa Infinite* Card. It offers you the same 4% back on gas and groceries, first-year annual fee rebate, and no limit in the number of rewards you can collect. Additionally, it costs $99 a year and has a standard interest rate of 19.99% for purchases and 22.99% for cash.


However, the CIBC Dividend Platinum® Visa* Card can be acquired by anyone who makes over $15k a year in revenue. As an extra welcome bonus, you can get 10% cashback for your first 4 months if you add a recurring bill to your account.


This unique card comes with purchase insurance, extended warranty, $500,000 coverage when travelling abroad, low-interest financing plans and multiple security features. You can add a whole new year of insurance to the manufacturer's warranty and protect your items against theft during the first 90 days post-purchase.

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Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.