Best CIBC credit cards in Canada

Fact Checked: Scott Birke

🗓️

Updated: April 01, 2024

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Choosing the best 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 entire CIBC card suite down to the very best CIBC credit cards available in Canada and going into detail about their strengths and weaknesses.

Best CIBC credit card

CIBC Dividend® Visa Infinite* Card

4% Earn 4% cash back on gas, EV charging, and groceries.

2% Earn 2% cash back on dining, transportation, recurring payments or bills.

1% Earn 1% cash back on all other purchases with no limit.

10 cents Save 10 cents per litre with CIBC and Journie Rewards (Ultramar, Chevron, Pioneer, Fas Gas)

$120 Annual Fee First year rebated. Each additional card is $30 per year, max 3.

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR non-Quebec residents†

22.99% Balance Transfer Rate non-Quebec residents†

Good Recommended Credit Score

$60,000 Required Annual Personal Income

$100,000 Required Annual Household Income

Welcome Offer

Get a first-year annual fee rebate and earn 10% cash back welcome bonus of up to $250!†

Learn more
  • Why the Dividend Visa Infinite is the best CIBC credit card

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    You can get a first year $120 annual fee rebated for you and up to 3 authorized users.

    Then, it's one of the best cash back credit cards on the market where you can earn 4% cash back on gas, EV charging and groceries. You'll also earn 2% cash back on dining, commuting (transit, Ubers, etc.), recurring payments and other bills, and 1% cash back on everything else.

    Insurance: CIBC gives you mobile device insurance, purchase security, and extended warranty insurance. Great for all your tech. If you travel, they also give you the highly coveted emergency medical, $500,000 in travel accident insurance, and credit card rental car insurance.

    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.

    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

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Best CIBC travel credit card

CIBC Aventura® Visa Infinite* Card

2 Earn 2 points per $1 spent on travel purchases through the CIBC Rewards Centre†

1.5 Earn 1.5 points for every $1 spent on eligible purchases at eligible gas stations, EV charging, grocery stores, and drug stores. Available on the first $80,000 in net annual card purchases on your account.

1 After exceeding $80k in purchases, cardholders will earn 1 point per $1 spent in these categories until the annual limit resets each December.

$139 Annual Fee

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR for non-Quebec residents†

22.99% Balance Transfer Rate for non-Quebec residents†

Good Recommended Credit Score

Welcome Offer

Join and get up to $1,500 in value including a first year annual fee rebate!†

Learn more
  • Why we picked the CIBC Aventura Visa Infinite

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    For $139 travel card, it comes loaded with 12 types of insurance, 4 airport lounge passes, a NEXUS aplication fee rebate, and a sizeable welcome bonus.

    It's one of the best CIBC travel credit cards for its value. You can get more perks with the CIBC Aventura Visa Infinite Privilege, but you'll pay $499. (Though with an annual $200 travel voucher, two NEXUS rebates, and six lounge passes—it's a great CIBC travel card for a couple).

    With the Aventura Visa Infinite, you earn 2 points per $1 on travel booked through the CIBC Rewards Centre, 1.5 points per $1 on gas, EV charging, groceries, and drugstore purchases.

    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.

    CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Aventura card within the last 12 months.†

    †Terms and Conditions Apply

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Best CIBC credit card for travel insurance

CIBC Aventura® Gold Visa* Card

2 Earn 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†

1 Earn 1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†

1 Earn 1 point for every $1 spent on all other eligible purchases†

$139 Annual Fee

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR for non-Quebec residents†

22.99% Balance Transfer Rate for non-Quebec residents†

Good Recommended Credit Score

$15,000 Required Annual Household Income

Welcome Offer

Get a total of up to 40,000 Aventura Points during your first year†

Learn more
  • Why we picked the CIBC Aventura Gold Visa for travel insurance

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    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.

    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.

    While it doesn't cover all major types of insurance (for example, no flight cancellation), it does give you the highly coveted out-of-province emergency travel medical insurance, even if your trip was not charged to the card. It also offers travel accident, flight delay and baggage insurance, and credit card car rental insurance. Then it gives you purchase security, extended warranty, mobile device insurance and hotel burglary insurance.

    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.

    Lounge access: Elevate your airport experience with four 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)†

    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.

    CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another eligible card within the last 12 months.†

    †Terms and Conditions Apply

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Best CIBC Mastercards

CIBC Costco®† Mastercard®

3% cash back at restaurants and at Costco gas

2% cash back at other gas stations and at Costco.ca

1% cash back on all other purchases including at Costco

$0 Annual Fee Up to 3 additional cardholders for $0

20.75% Purchase APR non-Quebec residents†

22.49% Cash Advance APR non-Quebec residents†

Good Recommended Credit Score

$15,000 Required Annual Personal Income

Welcome Offer

Earn up to 3% cash back on eligible purchases everywhere Mastercard is accepted.

Learn more
  • Why the Costco credit card is the best Mastercard

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    Because it's the only Mastercard CIBC offers. Well, they also have a CIBC Costco Business Mastercard

    While the 3% cash back at restaurants and Costco gas, and 2% cash back at other gas stations and at Costco.ca is nice, it's biggest benefit comes if you're only buying gas at Costco. A friend of mine stalled his car trying to get to Costco for gas. After walking to the station, the attendant told him to buy a jerry can from Costco because he didn't supply one.

    If you're a Costco member and buy big items from them online, it's worth it for the no annual fee.

    †Terms and Conditions apply

    The information for the Costco Mastercard has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.

Best CIBC low interest credit card

CIBC Select Visa* Card

0% Pay 0% interest for up to 10 months with a 1% transfer fee.†

$29 Annual Fee First year annual fee rebate. $0 for up to 3 additional cards.†

13.99% Purchase APR

13.99% Cash Advance APR

13.99% Balance Transfer Rate Promotional offer: 0% interest for up to 10 months with a 1% transfer fee†

1.00% Balance Transfer Fee 1% transfer fee†

Good Recommended Credit Score

$15,000 Required Annual Household Income

Welcome Offer

Transfer your credit card balance - Get 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†

Learn more
  • Why we picked the CIBC Select Visa

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    The CIBC Select Visa* Card is one of Canada’s best low interest credit 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 annual fee rebate. $0 for up to 3 additional cards.†)

    Balance transfer: 0% interest for up to 10 months with a 1% transfer fee†

    Rates: 13.99%† purchase annual interest rate, 13.99%† cash advance annual interest rate, and 13.99%† balance transfer annual interest rate

    The CIBC Select Visa* Card is a solid low interest card overall, and a market leader in balance transfer credit card 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.

    † Terms and Conditions apply

Best CIBC cash back credit card

CIBC Dividend Platinum® Visa Card

3% cash back on eligible gas, electric vehicle charging, and groceries.

2% cash back on eligible transportation, dining and recurring payments.

1% cash back on all other eligible purchases.

90 days purchase security from damage and theft on eligible items purchased with your card.

1 year on top of the original manufacturer's warranty

$500,000 common carrier accident insurance

$65,000 MSRP for rental cars for up to 48 consecutive days

$99 Annual Fee First year annual fee rebate†

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR non-Quebec residents†

22.99% Balance Transfer Rate non-Quebec residents†

Very Good Recommended Credit Score

$15,000 Required Annual Personal Income

$15,000 Required Annual Household Income

Welcome Offer

Get a first-year annual fee rebate and earn 10% cash back welcome bonus of up to $200!†

Learn more
  • Why we picked the CIBC Dividend Platinum Visa

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    The CIBC Dividend Platinum® Visa* Card stands out as one of CIBC's best cash back credit cards. 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†.

    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 eligible 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®†

    Annual fee: $99 (first year rebated)†

    Supplementary cards: $30 per year (3 max), rebated in the first year.

    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).

    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.

    CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another eligible card within the last 12 months.†

    †Terms and Conditions Apply

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Best CIBC no annual fee credit card

CIBC Dividend® Visa* Card

2% Get 2% cash back on eligible grocery purchases†

1% cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†

0.5% 0.5% cash back on all other purchases†

$0.10 Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†

$0 Annual Fee $0 for each additional card (3 card maximum)

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR non-Quebec residents†

22.99% Balance Transfer Rate non-Quebec residents†

Good Recommended Credit Score

$15,000 Required Annual Household Income

Welcome Offer

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

Learn more
  • Why we picked the CIBC Dividend Visa card

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    This is the best CIBC newcomer credit card.

    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 best 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 eligible purchases.

    The CIBC Dividend® Visa* Card is an 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.

    Other features: 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®†

    Check out: Low-interest installment payments available via CIBC’s Pace It™️ program†

    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.

    CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another eligible card within the last 12 months.†

    †Terms and Conditions Apply

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Best CIBC balance transfer credit card

CIBC Select Visa* Card

0% Pay 0% interest for up to 10 months with a 1% transfer fee.†

$29 Annual Fee First year annual fee rebate. $0 for up to 3 additional cards.†

13.99% Purchase APR

13.99% Cash Advance APR

13.99% Balance Transfer Rate Promotional offer: 0% interest for up to 10 months with a 1% transfer fee†

1.00% Balance Transfer Fee 1% transfer fee†

Good Recommended Credit Score

$15,000 Required Annual Household Income

Welcome Offer

Transfer your credit card balance - Get 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†

Learn more
  • Why the CIBC select

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    If you're looking for a CIBC credit card for balance transfers, look no further than the CIBC select Visa.

    Reduce interest payments with this low interest rate credit card.

    Transfer your credit card balance and get 0% interest for up to 10 months with a 1% transfer fee and a first year annual fee rebate.

    Not good enough? Check out our best balance credit card offers.

    †Terms and Conditions Apply

Best CIBC student credit card

CIBC Aventura® Visa* Card for Students

1 point for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†

1 point for every $1 spent on travel purchased through the CIBC Rewards Centre†

1 point for every $2 spent on all other purchases†

$0 Annual Fee

20.99% Purchase APR non-Quebec residents†

22.99% Cash Advance APR for non-Quebec residents†

22.99% Balance Transfer Rate for non-Quebec residents†

Good Recommended Credit Score

$15,000 Required Annual Household Income

Welcome Offer

Get up to 10,000 Aventura Points (up to $100 in travel value†); Earn up to 2,500 Aventura Points† for completing bonus activities within 60 days from your account approval† 7,500 Aventura Points after you make your first purchase within first 4 months.†

Learn more
  • Why we picked the CIBC Aventura Visa Card for Students

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    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 Aventura 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.

    While it doesn't earn you cash back, it does reward your spending with one of the most flexible travel rewards programs. Check out the CIBC Rewards Centre to book your flights and watch your points add up on everyday purchases like gas, groceries and drug store purchases.

    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.

    CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another eligible card within the last 12 months.†

    †Terms and Conditions Apply

    This offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here

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

Compare CIBC credit cards (travel): Aventura

Best CIBC Aventura credit cards CIBC Aventura® Visa* Card CIBC Aventura® Gold Visa* Card CIBC Aventura® Visa Infinite* Card CIBC Aventura® Visa Infinite Privilege* Card
- cibc aventura visa card cibc aventura gold visa card  cibc aventura visa infinite card cibc aventura visa infinite privilege card
Annual fee: $0 $139 $139 $499
APR: Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Minimum income: $15,000 household $15,000 household $60,000 individual, or$100,000 household $150,000 individual, or $200,000 household
Welcome bonus: N/A 15,000 Aventura® Point Welcome Bonus 15,000 Aventura® Point Welcome Bonus 25,000 Aventura® Points Welcome Bonus
Earn rate per $1 1 point on gas, EV charging, groceries, drugstores, and through CIBC Rewards Centre. 1 point for every $2 spent everywhere else. 2 points through CIBC Rewards Centre, 1.5 points for gas, EV charging, grocery and drug stores, 1 point on all other purchases 2 points through CIBC Rewards Centre, 1.5 points for gas, EV charging, grocery and drug stores, 1 point on all other purchases 3 points through CIBC Rewards Centre, 2 points for dining, entertainment, transportation, gas, EV charging, and groceries, 1.25 points on all other purchases
Insurance: Rental car, $100,000 travel accident, purchase security and extended warranty Emergency medical, flight delay and baggage, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary, Emergency medical, flight delay and baggage, Trip cancellation, trip interruption, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary Emergency medical, flight delay and baggage, Trip cancellation, trip interruption, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary
Extra perks: N/A One time annual fee rebate, 4 Airport lounge passes, 1 NEXUS application fee rebate One time annual fee rebate, 4 Airport lounge passes, 1 NEXUS application fee rebate $200 annual travel credit, 6 Airport lounge passes, 2 NEXUS application fee rebates
Apply now Apply now Apply now Apply now Apply now

Compare CIBC credit cards (travel rewards): Aeroplan

Best CIBC Aeroplan credit cards CIBC Aeroplan® Visa* Card CIBC Aeroplan® Visa Infinite* Card CIBC Aeroplan® Visa Infinite Privilege* Card
- CIBC Aeroplan Visa card CIBC Aeroplan Visa Infinite CIBC Aeroplan Visa Infinite privilege
Annual fee: $0 $139 $599
APR: Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Minimum income: $15,000 $60,000 individual, or$100,000 household $150,000 individual, or$200,000 household
Welcome bonus: Earn 10,000 Aeroplan points on your first purchase
Earn up to 50,000 Aeroplan points Earn up to 70,000 Aeroplan® points
Earn rate per $1 1 point on eligible gas, electric vehicle charging stations, groceries and with Air Canada® directly, including through Air Canada Vacations.
1 point for every $1.50 you spend on all other purchases.
1.5 points eligible gas, electric vehicle charging stations, groceries and with Air Canada® directly, including through Air Canada Vacations. 1 point on all other purchases. 2 points with Air Canada including Air Canada Vacations.
1.5 points on eligible gas, electric vehicle charging stations, groceries and with Air Canada® directly, including through Air Canada Vacations, 1.25 point you spend on all other purchases
Insurance rental car insurance, $100,000 travel accident, purchase security and extended warranty $500,00 travel accident, mobile device Out-of-province emergency travel medical, flight delay and baggage, trip cancellation and trip interruption, rental car insurance, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel and motel burglary insurance
Extra perks n/a Free first checked bag for 2 travellers, one-time annual fee rebate Free fist checked bag for 2 travellers, Maple Leaf lounge access, 6 complimentary lounge passes, NEXUS application fee rebate
Apply now Apply now Apply now Apply now

The information for the CIBC Aeroplan cards have been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.

  • How to link your CIBC credit card to Aeroplan

    +

    To link your CIBC credit card to your Aeroplan account, start by confirming that your CIBC card is eligible for Aeroplan point accumulation. With any of these credit cards above, you're good to go.

    Next, If you don't have an Aeroplan account, you'll need to create one on the Aeroplan website and obtain your Aeroplan number. Once you have your account, you can link your credit card in several ways.

    1.You can do this through CIBC’s online banking or mobile app by navigating to the credit card section and entering your Aeroplan number.

    2. Alternatively, you can link your card via the Aeroplan website by logging into your account and adding your CIBC credit card under the appropriate section.

    3. If you prefer, you can also accomplish this by contacting CIBC or Aeroplan customer service over the phone.

    After linking, it’s wise to verify that the process was successful by checking your Aeroplan account or getting in touch with customer service. It’s also important to understand how the Aeroplan points accrual works with your specific CIBC card, including the rate at which you earn points and any related benefits or limitations. Keep updated with any changes or promotions that might affect your points earning potential to make the most out of your card.

Compare CIBC credit cards (cash back): Dividend

Best CIBC cash back credit cards CIBC Dividend® Visa* Card CIBC Dividend Platinum® Visa* Card CIBC Dividend® Visa Infinite* Card
- dividend visa dividend platinum visa dividend visa infinite
Annual fee $0 $99 $120
APR Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Purchases: 20.99%
Cash advance / Balance transfers: 22.99% (21.99% for Quebec residents)
Minimum income $15,000 household $15,000 household $60,000 individual, or$100,000 household
Welcome bonus n/a Get a first-year annual fee rebate for you and up to 3 Authorized Users! Get a first-year annual fee rebate for you and up to 3 Authorized Users!
Earn rate per $1 Earn 2% cash back on groceries, and up to 1% on gas, EV charging, transportation, dining, and recurring payments, 0.5% on everything else Earn 3% cash back on gas, EV charging, and groceries, 2% on transportation, dining, and recurring payments, 1% cash back on everything else Earn 4% cash back on gas, EV charging and groceries, 2% on transportation, dining, and recurring payments, 1% cash back on everything else
Insurance $100,000 travel accident insurance, rental car, $500,000 travel accident insurance, purchase security and extended warranty, Out-of-province emergency travel medical, rental car, $500,000 travel accident insurance, purchase security and extended warranty, mobile device
Apply now Apply now Apply now Apply now

Expert tip: Some CIBC bank accounts come with CIBC credit card fee rebates

The Canadian Imperial Bank of Commerce, better known as CIBC, is considered to be one of the 5 best banks in Canada. CIBC credit cards options are wide as well—from travel rewards to low interest credit cards, there are several credit cards to choose from to fit most people's needs and goals. As an existing CIBC client, choosing a CIBC credit card can help simplify your banking experience by keeping everything all in one place. CIBC clients with multiple financial products may also benefit from the CIBC Smart Plus account which offers annual rebates on eligible CIBC credit cards. Talk to a CIBC representative to learn more.

How to pay your CIBC credit card bill from another bank

Paying a CIBC credit card bill from another bank can typically be done through one of several methods. Here's a general guide on how you can do it:

How to pay a credit card with CIBC Details
Online banking 1. Log into your online banking portal for the bank where you have your checking or savings account.
2. Look for an option to make a bill payment.
3. Add your CIBC credit card as a payee. You'll likely need your credit card number and possibly other details such as the mailing address for CIBC's credit card payment processing.
4. Once the CIBC credit card is added as a payee, you can select it from your list of payees and enter the amount you want to pay.
Telephone banking 1. Call your bank's telephone banking service.
2. Follow the prompts to make a bill payment.
3. Similar to online banking, you will need to add your CIBC credit card as a payee if it's not already added.
In-person at a bank branch 1. Visit your local branch of the bank where you have an account.
2. Speak with a teller and request to make a payment to your CIBC credit card. You'll need to provide your credit card details and the payment amount.
Mail a cheque 1. Write a cheque from your other bank account.
2. Mail it to the address provided by CIBC for credit card payments. Ensure you include your credit card number on the cheque for reference.
Mobile banking app 1. If your bank has a mobile banking app, you can use it to make a payment.
2. The process will be similar to online banking, where you add your CIBC credit card as a payee and make a payment.

Remember to ensure that your payment is made several business days before the due date to avoid any late fees, as some methods (like mailing a cheque) can take longer to process. Also, it's always a good idea to verify the specific process with your bank, as procedures can vary slightly between different financial institutions.

How to apply for a credit card with CIBC

Applying for a CIBC credit card is a simple process with Money.ca. To start, click on the specific link associated with your choice of credit card. That link will direct you to the application page on CIBC's official website. There, you'll fill out an online application form asking your name, address, income and employment details. After submitting the form, CIBC will process the application and perform a credit check. if approved, you'll receive your credit card by mail within a few business days.

Note: CIBC secured credit card

CIBC does not offer a secured credit card, however, you can walk into a branch to apply for a credit card and put down a security deposit equivalent to the amount of credit you'd like (sometimes more of a deposit is required). If you have any collections or a poor credit score, they may still deny you. 

If you want options, check out our best secured credit cards

How to activate your CIBC credit card

Activating a CIBC credit card is a straightforward process and can be done in a few different ways. Here are the common methods:

Online activation

  • Visit CIBC's website and look for the credit card activation link.
  • You will need to sign into your CIBC online banking account. If you do not have one, you may need to register for online access first.
  • Enter the required details, such as your credit card number and other personal identification information.

CIBC Mobile Banking App

  • If you have the CIBC mobile app, you can activate your credit card through it.
  • Log into the app using your online banking credentials.
  • Navigate to the section for credit card activation and follow the prompts.

Telephone activation

  • Call the activation phone number provided by CIBC. This number is typically found on a sticker on the front of the new credit card or in the information package that came with the card.
  • Follow the automated prompts, which will likely include entering your credit card number and possibly some additional personal information for verification.

In-person at a branch

  • If you prefer, you can visit a CIBC branch to activate your credit card.
  • Bring your credit card and personal identification with you. A bank representative will assist you with the activation process.

When activating your new CIBC credit card, it's important to keep a few key points in mind. Ensure that you have the credit card at hand, along with any necessary personal identification and information, regardless of the chosen activation method. After successfully activating your card, don’t forget to sign the back of the card if it's required. Additionally, it's wise to review any updates or changes to your account terms and familiarize yourself with new features or benefits that may be associated with your card. In case you encounter any issues or have specific questions during the activation process, reaching out directly to CIBC for assistance is the best course of action.

CIBC credit card types

CIBC offers a variety of credit card types to suit different financial needs and preferences. The main categories of CIBC credit cards include:

  1. 1.

    Rewards cards: These cards offer rewards points on purchases, which can be redeemed for travel, merchandise, gift cards, or even applied to credit card statements. Examples include the CIBC Aventura and CIBC Aeroplan card lines.

  2. 2.

    Cash back cards: Ideal for those who prefer cash rewards, these cards provide cash back on purchases, often with higher rates in specific categories like groceries or gas. The CIBC Dividend Visa line is a popular choice in this category.

  3. 3.

    Travel cards: Designed for frequent travelers, these cards offer travel-related benefits and rewards, such as travel insurance, airport lounge access, and points redeemable for travel. The CIBC Aventura cards are notable options here.

  4. 4.

    Low-interest cards: These cards offer lower interest rates, making them a good choice for those who carry a balance. The CIBC Select Visa is an example, offering a lower interest rate on purchases and cash advances.

  5. 5.

    Student cards: Tailored for students, these cards often have no annual fee and offer rewards suitable for young adults managing credit for the first time. The CIBC Aventura Visa Card for Students is an example.

  6. 6.

    Business cards: Aimed at business owners and entrepreneurs, these cards offer features like expense management, rewards on business purchases, and additional cards for employees. The CIBC Bizline Visa is one such card, designed for small business needs.

  7. 7.

    Balance transfer cards: These are cards that offer special promotions on balance transfers, which can be beneficial for those looking to consolidate and pay off existing credit card debt.

  8. 8.

    Secured cards: For those with limited credit history or looking to rebuild credit, secured cards require a security deposit and offer a way to build or improve credit scores.

  9. 9.

    No annual fee cards: CIBC offers a selection of credit cards with no annual fee, catering to those who prefer a cost-effective credit option without sacrificing rewards and benefits. A notable card in this category is the CIBC Dividend® Visa Card.

  10. 10.

    Costco cards: CIBC has partnered with Costco to offer credit cards that are specifically designed for Costco members, maximizing rewards and benefits for shopping at Costco warehouses and gas stations. The CIBC Costco Mastercard® is a popular choice in this segment.

About CIBC

CIBC Canada, or the Canadian Imperial Bank of Commerce, boasts a distinguished history that intertwines with the nation's own economic and financial evolution. Established through the amalgamation of two older banks, the Canadian Bank of Commerce (founded in 1867) and the Imperial Bank of Canada (founded in 1875), CIBC marked a significant milestone in the Canadian banking sector with its formation in 1961. This union created a robust institution that rapidly expanded its presence both nationally and internationally. It embraced early technological innovations, significantly impacting how Canadians interacted with their finances, notably through the introduction of Automated Teller Machines (ATMs) in the 1970s.

Throughout the 20th century and into the modern era, CIBC has continued to evolve and adapt. The bank has been at the forefront of embracing digital banking trends, ensuring that its services remain relevant and accessible in an increasingly online world. This period also saw CIBC engage in strategic mergers and acquisitions, further enhancing its market position and service offerings. These developments have solidified CIBC’s reputation as a dynamic and forward-thinking financial institution, committed to addressing the diverse needs of its customers.

Beyond its financial services, CIBC is renowned for its commitment to community involvement and championing diversity. As a major supporter of various social causes, including health, education, and community development, the bank has shown a consistent dedication to social responsibility. This commitment, coupled with its efforts in promoting workplace diversity and inclusion, highlights CIBC's role not just as a financial entity, but as an integral part of the broader Canadian community. Today, as one of the "Big Five" banks in Canada, CIBC continues to play a pivotal role in shaping the country’s financial landscape, balancing its rich history with a focus on innovation and social impact.

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?

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    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?

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    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.

  • Which CIBC credit card is best?

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    To figure out what is the best CIBC credit card, 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?

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    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

Tyler Wade
Tyler Wade, Content strategist & writer

Tyler Wade has worked in personal finance for over 5 years writing for brands like Ratehub, Forbes, KOHO, and now Money.ca. He was the host and producer of the Real Money Talk podcast. He's the father of two, husband to one, and loves all things tiny.

Disclaimer

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