CIBC Dividend® Card

Credit Limit:
$500 minimum10

Household income:
$15,000 minimum

No Annual Fee

Current Regular Interest Rate:
19.5%1

Additional cards: Free, up to 3 cards maximum

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CIBC CreditSmartTM
A revolutionary array of credit card features and benefits. It’s a completely new approach to credit card management. One that gives you information and tools to make confident credit decisions that are right for your life. It's a credit card on your termsTM.
CIBC Dividend® Card Earn Aeroplan Miles on all your everyday card spending

Look how much money you could earn with the CIBC Dividend Card.
Your rebate accumulates throughout the year, and each December it will be credited to your statement. You'll have complete freedom to use your money however you like.

The CIBC Dividend Card also provides you with valuable cardholder benefits, including:
  • $100,000 Common Carrier Accident Insurance3
  • Purchase Security and Extended Protection* Insurance3
  • AVIS car rental discounts up to 20% at participating locations4
  • Personalized CIBC Convenience Cheques - provided at no additional charge5
  • Guaranteed hotel reservations
  • FREE Additional Cards - personalized with the name of your spouse or another family member (maximum three cards per account)
  • Cash advances of up to $1,000 a day6
  • Worldwide VISA acceptance at over 24 million locations
  • 24/7 roadside assistance in Canada or the mainland U.S. with no upfront fees and a market rate guarantee with Driver Assist7
    Take a look at the CIBC CreditSmartTM features 
    Smart credit management tools and services exclusive to CIBC VISA cardholders:

    For Easy Organization of your spending to eliminate the guesswork:
    • Enhanced Monthly Statement – track and manage your monthly and year-to-date spending, organized in 10 common spend categories on your printed statement
    • CIBC CreditSmart Spend Report – get a more detailed view of your credit card spending and create customized monthly budgets online
    For Smart Management to help you stay on track:
    • CIBC CreditSmart Spend Alerts – set up your alerts through CIBC Online Banking and choose to be notified by phone, e-mail or online message when you are close to your credit limit or when you’ve exceeded your customized budget8
    • CIBC CreditSmart Personal Spend Manager – create your own personal spend categories online to track and manage what’s important to you
    For Increased Security to protect you at all times:
    • CIBC CreditSmart Credit Report Alerts – sign-up online to stay up-to-date on key changes to your personal credit report so you’re aware of any unusual activity on your credit file9
    • CIBC CreditSmart Fraud Alerts – set-up your alerts online and choose to be notified as soon as possible about potential unauthorized use of your credit card through alerts by e-mail or online message
    • CIBC CreditSmart Identity Theft Assistance – get quick access to guidance and clear instructions on what to do if you suspect you’re the victim of identity theft by calling 1-800-465-4653


1 The interest rate will change from time to time on at least 30 days prior notice to cardholders. If your credit rating and financial situation do not meet certain criteria set by CIBC, CIBC may still issue the card but at 24%.

2 Applicable rebate rate depends on annual volume of net card purchases. Rebate is earned on a tiered basis on card purchases less returns, and not on cash advances (including by Convenience Cheques), balance transfers, fees, interest, payments. Rebate is credited to the CIBC Dividend Card account when the December account statement is issued, as long as account is then in good standing (if it is not, the rebate is cancelled). Dividend Dollars are calculated as follows: on the first $1,500 in net annual purchases your rebate is 0.25%; on your next $1,500 in net annual purchases your rebate would be 0.50%; on amounts greater than $3,000 in net annual purchases your rebate would be 1.0%. See Card Package (distributed when card is issued) for full details.

3 Common Carrier Accident Insurance is underwritten by American Home Assurance Company; Purchase Security and Extended Protection Insurance is underwritten and administered by Elite Insurance Company; common carrier fares or merchandise must be charged to the card to activate coverage. All insurance is subject to limitations and exclusions outlined in the insurance certificates distributed with the Card Package (for coverage included with the Card) or on enrolment (for optional coverages).

4 AVIS discounts are available at participating AVIS locations and are applied automatically when you use the Card to pay for the rental (Quebec residents may obtain the discount without using their Card, provided they show the Card when paying by an alternative payment option acceptable to AVIS).

5 Personalized CIBC Convenience Cheques can be ordered by calling a CIBC Card Services Representative. Convenience Cheques are treated as cash advances. Convenience Cheques bear interest from the date they are posted to your credit card account. Cheques cannot be used for payments on or balance transfers from other CIBC credit cards, Personal Lines of Credit , Loans and Mortgages. Convenience Cheques cannot be certified. Cheques do not earn Dividend Dollars.

6 Cash advances bear interest from the date they are taken. Advances are subject to available credit and daily limits. Cash Advances do not earn Dividend Dollars.

7 The market rate guarantee applies to tows of less than 50 kms and non-towing services, only; if you get a lower, written quote for the same service from another towing operator in the same market area, you’ll be reimbursed the difference between that quote and what you paid the towing company to which you were referred. The Driver Assist service is provided by Dominion Automobile Association (DAA).

8 Transactions must first be posted to your account before they can trigger a spend alert. It may then take up to 24 hours after a triggering transaction is posted for an alert to be sent.

9 This service is provided by Equifax Canada, a leading credit bureau in Canada.

10 Upon approval for a CIBC Dividend Card, your credit limit will be assigned based on a credit assessment.

TM "CIBC for what matters" and "CIBC CreditSmart" are trademarks of CIBC.

® Registered Trademark of CIBC.

* VISA Int./lic. user.