CIBC Dividend Visa
Skip for nowWhat the roles mean
- A no-fee CIBC card for groceries: 2% cash back, if you want to keep everything at CIBC
Welcome offer now
No standing welcome bonus at June 14, 2026 capture.
Ends n/a.
Checked on CIBC's own page October 21, 2026. See CIBC's page
What it earns in a year
$344 back a year
No annual fee to take off.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Groceries (Bonus rates stop after $20,000 of spending in these categories, or $30,000 in total, a year): 2% back.
- Gas / EV (Bonus rates stop after $20,000 of spending in these categories, or $30,000 in total, a year): 1% back.
- Dining & restaurants (Bonus rates stop after $20,000 of spending in these categories, or $30,000 in total, a year): 1% back.
- Bills & subscriptions (Bonus rates stop after $20,000 of spending in these categories, or $30,000 in total, a year): 1% back.
- Transit (Bonus rates stop after $20,000 of spending in these categories, or $30,000 in total, a year): 1% back.
- Everything else: 0.5% back.
Highlighted = use this card here.
How to apply for the CIBC Dividend Visa
- Check you qualify No minimum income listed. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on CIBC's own site Apply online from the bank's product page. This isn't an affiliate link: we earn nothing if you apply.Apply on CIBC's site →
How to use it
- Groceries: 2%
- Gas, EV charging, dining, transit, recurring bills: 1%
- Travel booked through CIBC by Expedia: 1%, no cap
- Everything else: use another card. This one pays 0.5%
- Example: $800/month groceries at 2% + $800/month gas, dining and bills at 1% = $288 a year
Posts about this card
Key facts
- Annual fee
- $0
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- None published
- Min. household income
- $15,000
- Rewards
- Cash back
Annual fee waiver
- No annual fee
From cibc.com product page, checked October 17, 2026. Not an affiliate link.
More CIBC cards
CIBC Aeroplan VisaNo annual fee
CIBC Aeroplan Visa Infinite$139 fee
CIBC Aeroplan Visa Infinite Privilege$599 fee
CIBC Aventura VisaNo annual fee
CIBC Aventura Visa Infinite$139 fee
CIBC Aventura Gold Visa$139 fee
CIBC Aventura Visa Infinite Privilege$499 fee
CIBC Costco MastercardNo annual fee
CIBC Dividend Visa Infinite$120 fee
CIBC Dividend Platinum Visa$99 fee
CIBC Adapta MastercardNo annual fee
Pros
- $0 annual fee, including up to 3 extra cards
- 2% on groceries
- Cash back, redeem any time from $10, never expires while the account is open
- Income bar is only $15,000 household
Cons
- 0.5% on everything else
- No welcome offer
- Bonus rates stop at $20,000 of bonus-category spending or $30,000 of total spending a year, whichever comes first
- No travel, rental car or phone insurance
- Only the primary cardholder can redeem
- 2.5% on foreign-currency purchases
Insurance included
- Purchases: 90 days of theft/damage cover, +1 year warranty
- Rental cars: none. The Avis/Budget discount still shows up at booking, but you are not covered
Maximums as CIBC lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Journie Rewards: up to 10¢/litre at Chevron, Ultramar, Pioneer and Fas Gas
- CIBC Pace It: pay big purchases in instalments (outside Quebec)
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| CIBC Dividend Visa | 2% back≈ 2.0% in value | $189 | $0 | October 21, 2026 |
How the offer has changed
One row per check of CIBC's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | No welcome offer shown on the product pagePage text, all footnotes and rate sheet (rev. 11995-2026/10) identical to October 17, 2026 | $0 (primary and up to 3 AUs) | n/a |
| October 17, 2026 | No welcome offer shown on the product pageFirst §12 row. Earn (2% / 1% / 0.5%) and the $30,000 / $20,000 caps unchanged | $0 (primary and up to 3 AUs) | n/a |
General information, not financial advice. Offers change; confirm on CIBC's page before you apply.