Looking for the best CIBC credit card in Canada? You’ve got this.
Find the right credit card.Get Started
Recommended CIBC credit cards.
Most popular CIBC card.
The CIBC Dividend® Visa Infinite Card may have an annual fee of $120, but currently offers a first-year annual fee rebate for the primary cardholder and up to three authorized users. This card also offers a 10% cash back welcome bonus for the first four statements on total purchases up to $2,000 (up to $200 cash back). The CIBC Dividend® Visa Infinite Card has a respectable earn rate of 4% cash back on eligible gas and grocery purchases, 2% on eligible transportation, dining purchases and recurring payments, and 1% on everything else. You can redeem your cash back at any time when you have a minimum of $25 through CIBC online and mobile banking. The card also offers a host of luxury travel and hotel benefits, in addition to out-of-province travel medical coverage. To qualify for the card, the CIBC Dividend® Visa Infinite Card requires cardholders to have a minimum income of $60,000 if you live alone or have a household income of $100,000.
CIBC Dividend® Visa Infinite Card
Best travel rewards card.
Holders of the CIBC Aventura® Visa Infinite Card this card value the speed at which you can accumulate points, the fact that Aventura Points can be used to fly any airline, and the fact that your points never expire. Plus, Aventura Points can be redeemed for hotels, car rentals or weekend getaways. For the first year, the annual fee is waived for the primary cardholder and up to three authorized users. There's also a welcome bonus of up to 35,000 Aventura Points. First, earn 20,000 points when you make your first purchase. During your first year, you can earn additional 1,250 points each monthly statement period in which you spend at least $1,000 (that's up to 15,000 points total). You earn 2 points on every $1 you spend on travel through the CIBC Rewards Centre portal. Earn 1.5 points for every $1 spent on eligible purchases at gas stations, grocery stores and drugstores, and 1 point for every $1 spent on all other purchases.
CIBC Aventura® Visa Infinite Card
Best foreign currency credit card.
The CIBC U.S. Dollar Visa Card is essentially an American credit card for Canadians: every purchase you make is charged to the card in U.S. dollars, and you pay in U.S. dollars as well. This way, you’re avoiding paying foreign conversion fees, which can add up pretty quickly if you do a lot of cross-border shopping or you order from online retailers. The annual fee is $35 (also charged in U.S. dollars) and you get can get up to three supplementary cards at no extra fee.
CIBC U.S. Dollar Aventura® Gold Visa* Card
The CIBC advantage.
CIBC offers more than 20 cards guaranteeing you’ll find one that suits your needs. The bank has cemented its reputation as an innovator in the credit card rewards space, so keep an eye out for new products and rewards.
Get cash back
If earning cash back is important to you, CIBC has a number of cards under the Dividend® Visa brand that fall into this category. The most notable cash back card from this suite is the Dividend® Visa Infinite* Card: cardholders can earn 4% cash back on gas and grocery purchases, one of the highest earn rates of any credit card on the market. Plus, the $120 annual fee is waived for the first year for you and up to three authorized users. CIBC also offers a Platinum version, as well as the more basic CIBC Dividend® Visa* Card.
Get snacks back
Talk about unique partnerships: CIBC and Tim Hortons have partnered up to help you earn rewards that are edible. Meet the Tim Hortons® Double Double® Visa* Card: it’s essentially a VISA card and a Tim Card® rolled into one. You earn 1% Tim Cash on all purchases, which can then be redeemed at any Tim Hortons restaurant. The card has no annual fee and a minimum income requirement of only $15,000, but the student version of the card waives the income requirement entirely. And there’s a great welcome bonus in it for you: $20 in Tim Cash. Perfect for the chronically sleep-deprived (students and hockey parents, we’re looking at you).
First-class travel rewards
CIBC has a solid roster of travel rewards cards that provide extended insurance coverage and enhanced security features, which prevents thieves from accessing your account details while you’re on the road. The CIBC Aerogold® Visa Infinite Privilege* Card features the most robust insurance package of all the CIBC-branded credit cards. Card-membership entitles you to out-of-province emergency medical, trip cancellation and other safeguards. But you’re not limited to collecting Aeroplan points when you apply for a credit card with CIBC — the Aventura program, CIBC’s signature points program, is well-represented in CIBC’s roster of cards. Collecting Aventura Points through the CIBC Aventura® Visa* Infinite* Card will grant you access to luxury travel worldwide and hotel benefits for an annual fee of $139 (which is waived for the first year for you and up to three authorized users). And CIBC’s generous welcome offers for its Aventura cards means there’s ample potential to rack up points quickly.
Travel points that never expire
You’ll never have to worry about CIBC Aventura Points expiring; they won’t. So go ahead, collect points and redeem them when you’re ready. Aventura Points can be redeem for more than just flights — you can also redeem your points for hotels, car rentals and weekend getaways.
CIBC was formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada. Now the fifth largest national bank by deposits, CIBC has a reputation for being on the cutting-edge. Its track record of deploying new technologies and products into the typically risk-averse Canadian market is sizeable. Case in point: it was the first bank in Canada to introduce 24-hour ATMs. CIBC is also the only Canadian bank to form an alliance with a major grocery chain to create an entirely new bank: the partnership between CIBC and Loblaws resulted in President’s Choice Financial. CIBC has one of the most robust credit card portfolios through its partnerships with Visa and MasterCard.
Credit card news
Everything you need to know about debt when you pass away
The experts at Willful break down whether or not you can pass debt on when you pass away.
Planning to revenge travel when COVID is over? Don’t make these financial mistakes
Plotting your COVID-19 comeback trip? Don’t let your vengeance damage your wallet.