in our free newsletter.

Thousands benefit from our email every week.

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

low shot of CIBC bank and its signage with a blue sky in the background

Best CIBC credit cards in Canada

PiggyBank / Shutterstock

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware this post may contain links to products from our partners. We may receive a commission for products or services you sign up for through partner links.

CIBC—the Canadian Imperial Bank of Commerce—is one of the “Big Five” banks in Canada, providing the full spectrum of financial services and products to people around the country. That product offering includes a wide variety of credit cards in most card categories, like travel rewards, cash back, low interest, student, business, and more.

Choosing the right CIBC credit card can be daunting because there are typically multiple options for each card type. We’ve made your life a little easier by narrowing the CIBC card suite down to the very best cards on offer and going into detail about their strengths and weaknesses.

Card name Card type Annual fee Best feature Rates
CIBC Select Visa* Card Low Interest $29 (first year rebate)† 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate† 13.99%† Purchase annual interest rate, 13.99%† cash advance annual interest rate, and 13.99%† balance transfer annual interest rate
CIBC Dividend Platinum® Visa* Card Cash Back $99 (first year rebate)† After the Welcome Offer ends 3% cash back on gas, EV charging, and grocery purchases† 20.99%† Purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate
CIBC Aventura® Gold Visa* Card Travel Rewards $139 (first year rebate)† Flexible rewards program with great travel perks 20.99%† Purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate
CIBC Dividend® Visa* Card No Annual Fee Cash Back $0 After the Welcome Offer ends, get 2% cash back on eligible grocery purchases and up to 1% on gas, EV charging, transportation, dining purchases and recurring payments†, 0.5% cash back on all other purchases† 20.99%† Purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate
CIBC Dividend® Visa* Card for Students Student Cash Back $0 Get 2% cash back on eligible grocery purchases and up to 1% on gas, EV charging, transportation, dining purchases and recurring payments†, 0.5% cash back on all other purchases† 20.99%† Purchase annual interest rate,22.99%† (for non-Quebec residents only) Cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate

† Conditions apply

Best CIBC low interest card

CIBC Select Visa* Card

Quick Facts

Annual fee: $29

Purchase APR: 13.99%

Offer overview

The CIBC Select Visa* Card is one of Canada’s strongest low interest cards overall, and is particularly notable for its best-of-both-worlds balance transfer deal: New cardholders can get 0% interest on balance transfers for 10 months, with a low 1% balance transfer fee.† Aside from its balance transfer promotion the card also offers a competitive 13.99%† purchase annual interest rate, 13.99%† cash advance annual interest rate, as well as 13.99%† a balance transfer annual interest rate on balance transfers made outside the special promotion. The $29 annual fee makes it relatively low risk to try out, particularly given that the fee is rebated for the first year.†

Key features

  • Annual fee: $29 (first year rebate)†
  • Balance transfer promotion: 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†
  • Rates: 13.99%† purchase annual interest rate, 13.99%† cash advance annual interest rate, and 13.99%† balance transfer annual interest rate

Our take

The CIBC Select Visa* Card is a solid low interest card overall, and a market leader in balance transfer promotions. It’s a great option for those who are carrying high-interest credit card debt and need a window of opportunity to pay it off, without worrying about it accumulating more interest in the process.

Click here to apply or learn more by reading our complete CIBC Select Visa* Card review.

† Conditions apply

Best CIBC cash back card

CIBC Dividend Platinum® Visa Card

Quick Facts

Annual fee: $99 (first year rebated)†

Purchase APR: 20.99%†

Max earnings rate: 3%

Base rewards earning rate: 1%

Offer overview

The CIBC Dividend Platinum® Visa* Card stands out as an excellent credit card for earning cash back on eligible gas, EV charging, and groceries, with a 3% cash back rate in those categories after the Welcome Offer ends†. The card’s overall value is made even more impressive given its relatively easy access: Anyone who earns more than $15K annually and has a good credit score is eligible†.

Key features

  • Annual Fee: $99 (first year rebated)†
  • Welcome Offer: Get a first-year annual fee rebate and earn 10% cash back welcome bonus of up to $200 (first 4 statements)!†
  • Regular Earn Rates: After the Welcome Offer ends 3% cash back on eligible gas, EV charging, and grocery purchases†; 2% cash back on eligible transportation, dining purchases and recurring payments†, 1% cash back on all other purchases†; Get cash back on demand – redeem your cash back at any time when you have a minimum of $25 through CIBC Online and Mobile Banking®†
  • Supplementary Cards: $30 per year (3 max), rebated in the first year.
  • Interest Rates: 20.99%† purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate and 22.99%† (for non-Quebec residents only) cash advance annual interest rate.

Our take

The CIBC Dividend Platinum® Visa* Card has some of Canada’s best cash back rates for gas and groceries, which are typically the two largest line items in an average budget. Take a look at your monthly expenditures: if gas and groceries are where you’re putting most of your loonies, we recommend that you strongly consider switching to this card. The annual fee is rebated in the first year†, and you can make up the $99 annual fee in cash back thereafter if you spend at least $275 each month on gas and groceries (and/or EV charging).

Click here to apply or learn more by reading our complete CIBC Dividend Platinum® Visa* Card review.

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. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer.†

†Conditions apply

Quebec Residents – Learn More about this CIBC product here

Résidents du Québec : Pour en savoir plus sur ce produit CIBC, suivez ce lien

Best CIBC travel card

CIBC Aventura® Gold Visa* Card

Quick Facts

Annual fee: $139 (first year rebate)†

Purchase APR: 20.99%†

Lounge access: Elevate your airport experience with 4 complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program: over $190 in value.†

Special feature: NEXUS application fee rebate ($50 U.S. value)†

Offer Overview

With a lucrative welcome offer, solid earn rates, a valuable lounge access package, and comprehensive insurance, the CIBC Aventura® Gold Visa* Card offers very well rounded value for any traveller. The card’s combined travel value is particularly notable given its low minimum annual household income requirement of $15,000†; travel credit cards of this caliber usually require a $60K minimum annual income or more. The Aventura® Points that the card earns are noteworthy, because unlike with many travel rewards programs, Aventura® Points can be used to cover taxes and fees, and they can be redeemed at a max value of up to $0.02 per point. That’s double the redemption value you’ll get for most travel rewards programs.

Key features

  • Annual Fee: $139 (first year rebate)†
  • Welcome offer: Join and get over $1,250 in value including a first year annual fee rebate†!
  • Earn rates: 2 points per $1 spent on travel booked through the CIBC Rewards Centre†; 1.5 points per $1 spent at eligible gas stations, EV charging, grocery stores drug stores†; 1 point per $1 spent on all other purchases†
  • Lounge access: Elevate your airport experience with 4 complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program: over $190 in value.†
  • Insurance highlights: Up to $500 in combined flight delay coverage; emergency travel medical insurance applies even if your trip was not charged to the card†
  • Special feature: NEXUS application fee rebate ($50 U.S. value)†
  • Interest rates: 20.99%† purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate

Our take

There are a number of competitive travel credit cards in Canada, but what makes this card stand out to us is its accessibility. If you have a good credit score and are willing to pay the annual fee, you can most likely qualify for it regardless of your income, which is very rare among travel credit cards at this level. Those who are interested in the card and make more than $60K† annually should instead apply for the CIBC Aventura® Visa Infinite* Card, which has a slightly better insurance package and identical features otherwise.

Click here to apply or learn more by reading our complete CIBC Aventura® Gold Visa* Card review.

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. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer.†

†Conditions apply

Quebec Residents – Learn More about this CIBC product here

Résidents du Québec : Pour en savoir plus sur ce produit CIBC, suivez ce lien

Best CIBC no annual fee card

CIBC Dividend® Visa* Card

Quick Facts

Annual fee: $0

Purchase APR: 20.99%†

Welcome offer: Get 5% cash back for the first 4 statements on net purchases of up to $2,000 (up to $100 cash back).†

Earn rates: After the Welcome Offer ends, get 2% cash back on eligible grocery purchases and up to 1% on everyday purchases like gas, recurring payments such as streaming subscriptions, transit, food and more;†

Offer overview

Though the CIBC Dividend® Visa* Card is the most appealing no annual fee card among the CIBC card suite, it’s not super competitive with other top no annual fee cards pound for pound, and its cash back structure is a bit complicated. After the Welcome Offer ends, get 2% cash back on eligible grocery purchases and up to 1% cash back on eligible gas, EV charging, transportation, dining purchases, and recurring payments†, and 0.5% cash back on all other purchases.†

Key features

  • Annual Fee: $0
  • Welcome offer: Get 5% cash back for the first 4 statements on net purchases of up to $2,000 (up to $100 cash back).†
  • Earn rates: After the Welcome Offer ends, get 2% cash back on eligible grocery purchases and up to 1% cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†; 0.5% cash back on all other purchases†; also, get cash back on demand – redeem your cash back at any time when you have a minimum of $25 through CIBC Online and Mobile Banking®†
  • Other features: Low-interest installment payments available via CIBC’s Pace It™️ program†
  • Interest rates: 20.99%† purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate

Our take

The CIBC Dividend® Visa* Card is an ok option if you absolutely need a Visa card, as, for whatever reason, most of the top no annual fee cards in Canada are Mastercards. But if you’re willing to compromise on that front, we suggest exploring other options. There are other no annual fee cards that can potentially earn back as much or more on groceries, like the BMO CashBack Mastercard or the PC Financial World Elite Mastercard, and there are also alternative no annual fee cash back cards that earn 1% or more on all spending, all the time, like the AMEX SimplyCash.

Click here to apply or learn more by reading our complete CIBC Dividend® Visa* Card review.

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. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer.†

†Conditions apply

Quebec Residents – Learn More about this CIBC product here

Résidents du Québec : Pour en savoir plus sur ce produit CIBC, suivez ce lien

Best CIBC student card

CIBC Dividend® Visa* Card for Students

Quick Facts

Annual fee: $0

Purchase APR: 20.99%†

Welcome offer: Get $60 cash back after you make your first purchase within the first 4 months!†

Special feature: Eligible student clients can get a free SPC+ membership

Offer overview

This student version of the Dividend® Visa* Card is quite similar to the regular Dividend card, but is available exclusively to students in post-secondary education. Though it has the same cash back structure as the regular Dividend® Visa* Card, its welcome offer is slightly different: New cardholders get an easy $60 in cash back after making their first purchase within the first 4 months.†

Key features

  • Annual Fee: $0
  • Welcome offer: Get $60 cash back after you make your first purchase within the first 4 months!†
  • Earn rates: Get 2% cash back on eligible grocery purchases and up to 1% back on eligible gas, EV charging, transportation, dining, and recurring payments†; 0.5% cash back on all other purchases†
  • Special feature: Eligible student clients can get a free SPC+ membership, and receive over 450 deals on everyday purchases, bigger discounts, special experiences and exclusive giveaways.†
  • Interest rates: 20.99%† purchase annual interest rate, 22.99%† (for non-Quebec residents only) cash advance annual interest rate, and 22.99%† (for non-Quebec residents only) balance transfer annual interest rate

Our take

CIBC appears to be one of the few banks where students are actually given preferential treatment; the welcome bonus that comes with this student version of the Dividend card makes the card perhaps even more appealing than the regular version. Plus it has the added advantages of SPC membership (normally $10 per year).†  Overall it’s one of the strongest student cards in Canada.

Click here to apply for the CIBC Dividend® Visa* Card for Students.

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. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer.†

† Conditions apply

Quebec residents – Learn more about this CIBC product here

Résidents du Québec : Pour en savoir plus sur ce produit CIBC, suivez ce lien

Want to look beyond CIBC?

If you didn’t find a CIBC card on this list that meets your needs, consider switching focus to another card issuer. We recommend that you start by checking out our list of the best credit cards in Canada, which might open your eyes to some great cards that you weren’t previously aware of.

FAQs

  • How do I get a CIBC credit card?

    +

    The easiest way to get a CIBC credit card is to click the green ‘Apply Now’ buttons on our site under whatever card you’re interested in. This will then direct you to CIBC’s application for that card. Be ready to submit some personal information like your date of birth, address, and annual income.

  • How can I increase my CIBC credit card limit?

    +

    You can request a credit limit increase with CIBC by signing on to CIBC’s Online Banking platform, then navigating to ‘Banking Services’ and ‘Request a credit limit increase.’ You can also request an increase by calling CIBC’s customer service at 1-800-465-4653.

  • What is the best CIBC credit card?

    +

    To figure out which CIBC card is best for you, we recommend that you first reflect a bit on your lifestyle and financial circumstance. What are your biggest expenses each month? Do you travel frequently? Do you currently have a credit card balance subject to high interest rates? After giving that some thought we recommend reading this list of the best CIBC credit cards in each category and choosing based on which card offers the features you need.

  • Can I withdraw cash from my CIBC credit card?

    +

    You can withdraw cash from your CIBC credit card by doing a cash advance. It’s important to note that most credit cards have a higher interest rate on cash advances; the CIBC card with the most favourable interest rate for cash advances is the CIBC Select® Visa*.

About our author

Money.ca
Money.ca, Money.ca Editorial Team

The Money.ca Editorial Team is a group of passionate financial experts, seasoned journalists, and content creators who are deeply committed to providing unbiased, relevant, and accurate financial information. With years of combined industry experience, our team is dedicated to maintaining the highest journalistic standards and delivering informative and engaging content. From personal finance and investing to retirement planning and business finance, we cover a broad range of topics to suit the financial needs of our diverse readership. You can trust the Money.ca Editorial Team to empower you with the knowledge and tools necessary to make wise financial decisions.

These articles do not include bylines, as they are intended to provide information about the company or have been written by an internal team at Money.ca, rather than stories by individual writers or contributors. Bylines are used for all other articles.

Disclaimer

The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.