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.: (2.1)


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 Visa Card Review

Welcome Bonus:
Special Offer:
Transfer your credit card balance and get 0% interest for up to 10 months with a 1% transfer fee.
CIBC Dividend Visa Card snapshot

CIBC Dividend® Visa* Card review

2% cashback on grocery store purchases

Get up to 1% cash back on everything else

Earn maximum rewards

No limit on the total cash back you can earn

Extra protection on new purchases

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

Annual fee: $0

Each additional card (up to 3): $0

CIBC Dividend Visa Card Rewards
CIBC Dividend Visa Card 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 Visa Card 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 Visa Card FAQs

Other Recommended Credit Cards


100,000 Common Carrier Accident Insurance

Purchase Security and Extended Protection Insurance

Earn maximum rewards

No limit on the total cash back you can earn1

Extra protection on new purchases

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


Editor`s Review:

The CIBC Dividend® Visa* Card is a very good credit card for people who want to capitalize on benefits and get a solid cash back bonus without having to pay a yearly fee. This card can also be acquired by anyone since it requires a minimum of $15k per household.


Low-income families could definitely use this card to get 2% cashback on all their purchases and 1% on everything else. Best of all, there is no limit at how much they can earn. With a decent return on cash spends, basic travel insurance and optional medical insurance for free, the CIBC Dividend® Visa* Card is definitely a very appealing option for most Canadians.


If you're looking for an affordable credit card that gives you extra cashback for groceries, comes for free, and also gives you certain travel perks, then this CIBC card might be exactly what you need. You can even qualify for a 5% cashback if you add a recurring bill to your account.

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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.