CIBC Dividend Credit Card Offers: Earn Up to $250 Cash Back

Two of the cash back credit cards in CIBC’s Dividend family of credit cards are the CIBC Dividend® Visa Infinite* Card and the CIBC Dividend Platinum® Visa* Card.

After a recent enhanced offer, both cards have now returned to their standard welcome bonuses of up to $250 in cash back (all figures in CAD). While this remains a solid offer, we hope to see an enhanced offer again in the future.

Let’s take a look at the breakdown of the offers, which are available as of January 7, 2025, without a published expiry date.

CIBC Dividend® Visa Infinite* Card: Earn Up to $250 in Cash Back

The CIBC Dividend® Visa Infinite* Card is currently being offered with a welcome bonus of up to $250 in cash back.

To earn the full bonus, you’ll have to meet the following conditions:

• Earn 10% cash back for the first four statements on net purchases of up to $2,500^†

In other words, you’ll have up to four statement periods to spend $2,500 and earn $250 in cash back.

Sweetening the deal is a first-year annual fee waiver worth $120,^† letting you earn the welcome bonus without an upfront fee payment in the first year. You’ll also get a waiver on the fee for the first three authorized users in the first year, saving you a further $90.^†

As a reminder, the earning rates on the card are as follows:

• 4% cash back on eligible groceries, EV charging, and gas^†
• 2% cash back on eligible transportation, dining, and recurring payments^†
• 1% cash back on all other eligible purchases^†

On top of the cash back you’ll earn, you’ll get a handful of benefits. These include those that come with being a Visa Infinite cardholder, such as concierge service, the Luxury Hotel Collection, and the Dining and Wine Country program.^†

You’ll also save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations when you link and use your CIBC Dividend® Visa Infinite* Card with Journie Rewards.^†

The CIBC Dividend® Visa Infinite* Card requires either $60,000 in annual personal income, or $100,000 in annual household income, to qualify.^†

There’s no expiry date to the welcome bonus offer above.

CIBC Dividend Platinum® Visa* Card: Earn Up to $250 Cash Back

The CIBC Dividend Platinum® Visa* Card is also currently being offered with a welcome bonus of up to $250 in cash back, which is structured as follows:

• Earn 10% cash back for the first four statements on net purchases of up to $2,500^†

As a reminder, the card features the following cash back earning scheme:

• 3% cash back on eligible groceries, gas, and electric vehicle charging^†
• 2% cash back on eligible transportation, dining, and recurring payments^†
• 1% cash back on all other eligible purchases^†

The card’s annual fee is waived in the first year, saving you $99.^† The first-year fee of up to three supplementary cards is likewise waived, saving you a further $90.^†

As is typical for credit cards that earn cash back instead of travel rewards, the CIBC Dividend Platinum® Visa* Card comes with a limited set of perks.

However, you will receive up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations when you link and use your CIBC Dividend Platinum® Visa* Card with Journie Rewards.^†

The card’s minimum annual income requirement is only $15,000,^† making it a perfect starter card for newcomers and those starting out on a new job.

There’s also no expiry date to the welcome bonus offer above.

Conclusion

CIBC has ongoing welcome bonuses for two of its Dividend cash back credit cards.

You can earn up to $250 in cash back with both the CIBC Dividend® Visa Infinite* Card and the CIBC Dividend Platinum® Visa* Card.^†

Neither offer has an expiry date. We’ll be sure to update this page when the offer changes.

^†Terms and conditions apply. The information for the CIBC Dividend Platinum® Visa* Card has been collected independently by Prince of Travel. The card details on this page have not been reviewed or provided by the card issuer.