CIBC Dividend Platinum Visa

CIBC is no longer accepting applications for the CIBC Dividend Platinum Card.

With the Dividend Platinum Visa by CIBC, earn up to 2% cash back rewards for an annual fee with some insurance benefits.

Credit card benefits include Travel Accident Insurance, Travel Medical Insurance, Rental Car Insurance, Extended Warranty Protection and Purchase Security. Optional coverage for Trip Cancellation/Trip Interruption Insurance and Balance Protection can be added for a fee.

Dividend dollars are calculated as follows:

Tier one - 0.5% rebate on your first $3,000 in annual net purchases
Tier two - 1% rebate on your next $12,000 in annual net purchases (Between $3,000 and $15,000)
Tier three - 1.5% rebate on your next $20,000 in annual net purchases (Between $15,000 and $35,000)
Tier four - 2% rebate on your next $15,000 in annual net purchases (Between $35,000 and $50,000)

Your year-to-date net purchase amounts must be greater than the dollar range for a tier before you can start earning Dividend Dollars at the next tier rate.