CIBC Dividend Platinum Visa

CIBC Dividend Platinum Visa
Visa card that earns up to 2% cash back with an annual fee and insurance benefits

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.

Overview
Issuer 
Type 
Version 
Features 
Credit 
Minimum Income 
$35,000 / year
Rates & Fees
Annual Fee 
$79
Supplemental Cards 
$30 / year
Interest 
19.99%
Cash Advance 
21.50%
Balance Transfer 
21.50%
Grace 
21 days
Minimum Payment 
$10 or 2.1% (whichever is greater)
Rewards
Earn up to 2% cash back (maximum of $735 annually)
Travel / Vacation 
No
Cash Back 
Yes
Merchandise 
No
Groceries 
No
Vehicle Rebates 
No
Charitable Donations 
No
Health Care 
No
Financial Products 
No
Benefits
Car Rental 
Yes
Purchase Protection 
Yes
Travel Medical Insurance 
No
Travel Accident Insurance 
No
Trip Cancellation Insurance 
Yes for additional fee
Flight Delay Insurance 
No
Baggage Insurance 
No
Road Insurance 
No
Balance Protection 
Yes for additional fee