Pros & Cons
Pros
- +Welcome Bonus: $100
- +Purchase protection included
- +No annual fee
Cons
- –Foreign Transaction Fee (2.5%)
Our Review
The CIBC Dividend® Visa* Card is one of the best no-fee cash-back Visa credit cards in Canada.
For a limited time, earn 5% cash back (up to 100 $) during the period covered by your first 4 monthly statements.
Plus, get :
- 2% cash back on eligible grocery purchases†
- 1% cash back on eligible gas, electric vehicle charging, transportation, and dining purchases and on eligible recurring payments†
- 0.5% cash back on all other purchases†
This no-annual-fee CIBC credit card offers certain insurance coverages:
- Purchase Security and Extended Protection Insurance
Rewards
All Spending
0.5x
Cash Back pts per dollar
Groceries
2x
Gas
1x
Restaurants
1x
Transit
1x
Recurring
1x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$327
$/yr
Estimated Value
$327
After Fees
+$327
1st Year Value
$427
incl. welcome bonus
Annual rewards breakdown
- Earn $100 Cash Back after $2,000 in purchases in 4 months
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Interest Rates
- Purchase Rate21.99%
- Cash Advance22.99%
- Cash advance rate (Quebec)21.99%
- Balance transfer rate22.99%
- Balance transfer rate (Quebec)21.99%
- Foreign Transaction Fee2.5%
Eligibility
Personal Income
$15,000
Household Income
$15,000
Terms & Conditions
Card Features
Welcome Offer: Get 5% cash back for the first 4 statements on net purchases of up to $2,000 (up to $100 cash back).†
Plus, get 2% cash back on eligible grocery purchases!†
- 1% cash back on eligible gas, electric vehicle charging, transportation, and dining purchases and on eligible recurring payments†
- 0.5% cash back on all other purchases†
- Obtenez des remises sur demande – échangez vos remises en argent en tout temps lorsque vous avez un solde d’au moins 10 $ par l’intermédiaire de Services bancaires CIBC en directMD et de Services bancaires mobiles CIBCMD
Obtenez une adhésion gratuite à Skip+ quand vous liez votre carte de crédit CIBC admissible
De plus, profitez de la livraison gratuite et obtenez un bon mensuel de 10 $†.
Faites le plein à moindre coût
Économisez jusqu’à 10 cents le litre aux stations-service participantes de Pioneer, Fas Gas, Ultramar et Chevron lorsque vous liez votre carte avec Récompenses Journie†.
Legal
This is a digital-exclusive offer.† To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you. † This offer is reserved for you. Please do not forward it to anyone else.
This offer is reserved for you. Please do not forward it to anyone else. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Dividend card within the last 12 months.†
† Terms and conditions apply. Click on Apply Now to learn more.
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Audrey may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 CIBC. All trademarks are property of their respective owners.