Best CIBC credit cards in Canada
Choosing the best CIBC credit card can be daunting because there are typically multiple options for each card type. We’ve made your life a little easier by narrowing the entire CIBC card suite down to the very best CIBC credit cards available in Canada and going into detail about their strengths and weaknesses.
Best CIBC cash back credit card
CIBC Dividend® Visa Infinite* Card
4.2
10% back†
Welcome offerGood
Suggested credit scoreGet a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $3,000†.
Pros
-
First-year annual fee rebate
-
10% cash back welcome bonus up to $3,000 spend
-
4% cash back on gas, electric vehicle charging and grocery stores
-
2% cash back on transportation, dining and recurring payments
-
High annual spending cap on benefits ($20,000 in bonus categories or $80,000 total)
Cons
-
High income requirement
-
Sparse travel insurance offering
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
4%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
10 cents
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
cash back on eligible gas, EV charging, and grocery purchases.†
4%
cash back on eligible transportation, dining purchases and recurring payments†
2%
cash back on all other purchases†
1%
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
10 cents
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$120
Annual Fee First year rebated. Each additional card is $30 per year, max 3.
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$120
Pros
-
First-year annual fee rebate
-
10% cash back welcome bonus up to $3,000 spend
-
4% cash back on gas, electric vehicle charging and grocery stores
-
2% cash back on transportation, dining and recurring payments
-
High annual spending cap on benefits ($20,000 in bonus categories or $80,000 total)
Cons
-
High income requirement
-
Sparse travel insurance offering
Eligibility
Good
Recommended Credit Score
$60,000†
Required Annual Personal Income
$100,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$60,000†
Required Annual Household Income
$100,000†
4%
cash back on eligible gas, EV charging, and grocery purchases.†
2%
cash back on eligible transportation, dining purchases and recurring payments†
1%
cash back on all other purchases†
10 cents
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
cash back on eligible gas, EV charging, and grocery purchases.†
4%
cash back on eligible transportation, dining purchases and recurring payments†
2%
cash back on all other purchases†
1%
save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
10 cents
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$120
Annual Fee First year rebated. Each additional card is $30 per year, max 3.
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$120
- †Terms and Conditions Apply. This offer is not available for the residents of Quebec.
- The information for the CIBC Dividend® Visa Infinite* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Best CIBC travel credit card
CIBC Aeroplan® Visa Infinite* Card
4.5
up to 40K pts
Welcome offerVery Good
Suggested credit scoreJoin and get up to $1,100 in value in your first year!†
Pros
-
Earn up to 40,000 bonus Aeroplan points in the first year
-
Earn up to 1.5 Aeroplan points on purchases
-
Free checked bags on Air Canada flights
-
Special pricing on Aeroplan flight rewards
-
Includes travel insurance
Cons
-
High income requirement of either $60,000 personal or $100,000 household
-
Rewards go furthest when redeeming for Air Canada flights, so that can limit your travel options
Eligibility
Very Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Very Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
1.5 pts
for every $1 you spend on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®
1 pt
for every $1 you spend on all other purchases.
2x
Earn points twice at over 150 Aeroplan partners and more than 170 online retailers through the Aeroplan eStore.
for every $1 you spend on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®
1.5 pts
for every $1 you spend on all other purchases.
1 pt
Earn points twice at over 150 Aeroplan partners and more than 170 online retailers through the Aeroplan eStore.
2x
20.99%
Purchase APR non-Quebec residents†
22.99%
Balance Transfer Rate 21.99% for Quebec residents
22.99%
Cash Advance APR 21.99% for Quebec residents
$139
Annual Fee Free with CIBC Smart Plus™ Account. $50 for each additional card (up to 3).
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%
Balance Transfer Rate
22.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Transaction Fee
2.5%
Pros
-
Earn up to 40,000 bonus Aeroplan points in the first year
-
Earn up to 1.5 Aeroplan points on purchases
-
Free checked bags on Air Canada flights
-
Special pricing on Aeroplan flight rewards
-
Includes travel insurance
Cons
-
High income requirement of either $60,000 personal or $100,000 household
-
Rewards go furthest when redeeming for Air Canada flights, so that can limit your travel options
Eligibility
Very Good
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Recommended Credit Score
Very Good
Required Annual Personal Income
$60,000
Required Annual Household Income
$100,000
1.5 pts
for every $1 you spend on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®
1 pt
for every $1 you spend on all other purchases.
2x
Earn points twice at over 150 Aeroplan partners and more than 170 online retailers through the Aeroplan eStore.
for every $1 you spend on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®
1.5 pts
for every $1 you spend on all other purchases.
1 pt
Earn points twice at over 150 Aeroplan partners and more than 170 online retailers through the Aeroplan eStore.
2x
20.99%
Purchase APR non-Quebec residents†
22.99%
Balance Transfer Rate 21.99% for Quebec residents
22.99%
Cash Advance APR 21.99% for Quebec residents
$139
Annual Fee Free with CIBC Smart Plus™ Account. $50 for each additional card (up to 3).
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%
Balance Transfer Rate
22.99%
Cash Advance APR
22.99%
Annual Fee
$139
Foreign Transaction Fee
2.5%
- This is a digital-exclusive offer†To be eligible for this offer:
- this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and
- you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you.†
This offer is reserved for you. Please do not forward it to anyone else.CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another eligible card within the last 12 months.††Terms and Conditions ApplyThis offer is not available for the residents of Quebec. For Quebec Residents offer - visit CIBC.com product page here.
Best CIBC credit card for travel insurance
CIBC Aventura® Gold Visa* Card
4.9
up to $1,300
Welcome offerGood
Suggested credit scoreJoin and get up to $1,300 in value†! And get a one-time annual fee rebate.
Pros
-
High value welcome offer
-
Minimal household annual income required
-
Exceptional points-redeemable travel opportunities and other perks
Cons
-
High annual fee (rebated for your first year)†
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Personal Income
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000†
Required Annual Household Income
$15,000†
2
Earn 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†
1.5
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1
point for every $1 spent on all other purchases†
Earn 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†
2
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1.5
point for every $1 spent on all other purchases†
1
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate 21.99% for Quebec residents†
22.99%†
Cash Advance APR 21.99% for Quebec residents†
$139
Annual Fee First year annual fee rebate!†
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$139
Foreign Transaction Fee
2.5%
Pros
-
High value welcome offer
-
Minimal household annual income required
-
Exceptional points-redeemable travel opportunities and other perks
Cons
-
High annual fee (rebated for your first year)†
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Personal Income
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000†
Required Annual Household Income
$15,000†
2
Earn 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†
1.5
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1
point for every $1 spent on all other purchases†
Earn 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†
2
points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1.5
point for every $1 spent on all other purchases†
1
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate 21.99% for Quebec residents†
22.99%†
Cash Advance APR 21.99% for Quebec residents†
$139
Annual Fee First year annual fee rebate!†
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$139
Foreign Transaction Fee
2.5%
- †Terms and Conditions apply
- The information for the CIBC Aventura® Gold Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer. This offer is not available for residents of Quebec. †Terms and conditions apply.
Best CIBC Mastercard
CIBC Costco Mastercard®
3.3
$30 credit
Welcome offerGood
Suggested credit scoreto receive the latest news, tips and offers by email
Pros
-
No annual fee
-
No fee for additional cards
-
Earn up to 3% cash back
-
Can double as your Costco membership card (though you’ll still have to pay the Costco membership fee)
-
Mobile device insurance
Cons
-
Exclusive to Costco members
-
Low cash back rate of 1% for purchases at Costco
-
High interest rate of 20.75%
-
Cash back can only be redeemed at Costco
Eligibility
Good
Recommended Credit Score
$15,000
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000
3%
cash back at restaurants and at Costco gas
2%
cash back at other eligible gas stations, electric vehicle charging stations and at Costco.ca
1%
cash back on all other purchases including at Costco
cash back at restaurants and at Costco gas
3%
cash back at other eligible gas stations, electric vehicle charging stations and at Costco.ca
2%
cash back on all other purchases including at Costco
1%
20.75%
Purchase APR non-Quebec residents†
22.49%
Balance Transfer Rate non-Quebec residents†
22.49%
Cash Advance APR non-Quebec residents†
$0
Annual Fee Up to 3 additional cardholders for $0
2.5%
Foreign Transaction Fee
Purchase APR
20.75%
Balance Transfer Rate
22.49%
Cash Advance APR
22.49%
Annual Fee
$0
Foreign Transaction Fee
2.5%
Pros
-
No annual fee
-
No fee for additional cards
-
Earn up to 3% cash back
-
Can double as your Costco membership card (though you’ll still have to pay the Costco membership fee)
-
Mobile device insurance
Cons
-
Exclusive to Costco members
-
Low cash back rate of 1% for purchases at Costco
-
High interest rate of 20.75%
-
Cash back can only be redeemed at Costco
Eligibility
Good
Recommended Credit Score
$15,000
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$15,000
3%
cash back at restaurants and at Costco gas
2%
cash back at other eligible gas stations, electric vehicle charging stations and at Costco.ca
1%
cash back on all other purchases including at Costco
cash back at restaurants and at Costco gas
3%
cash back at other eligible gas stations, electric vehicle charging stations and at Costco.ca
2%
cash back on all other purchases including at Costco
1%
20.75%
Purchase APR non-Quebec residents†
22.49%
Balance Transfer Rate non-Quebec residents†
22.49%
Cash Advance APR non-Quebec residents†
$0
Annual Fee Up to 3 additional cardholders for $0
2.5%
Foreign Transaction Fee
Purchase APR
20.75%
Balance Transfer Rate
22.49%
Cash Advance APR
22.49%
Annual Fee
$0
Foreign Transaction Fee
2.5%
- †Terms and Conditions Apply. This offer is not available for residents of Quebec.
- The information for the CIBC Costco Mastercard® has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Best CIBC low APR credit card
CIBC Select Visa* Card
2.7
0% interest
Welcome offerGood
Suggested credit scoreTransfer your credit card balance - Get 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†
Pros
-
0% Balance Transfer rate for a generous 10 months with a low (1%) Balance Transfer fee†
-
13.99%† Purchase Annual Interest Rate
-
A first year annual fee rebate†
-
No annual fee for additional cards (up to 3)
Cons
-
There are other low interest cards available with no annual fee whatsoever
-
Few distinguishing benefits beyond its interest rates
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
0%
Pay 0% interest for up to 10 months with a 1% transfer fee.†
Pay 0% interest for up to 10 months with a 1% transfer fee.†
0%
13.99%†
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
$29
Annual Fee First year annual fee rebate† $0 for up to 3 additional cards.†.
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
13.99%†
Annual Fee
$29
Foreign Transaction Fee
2.5%
Pros
-
0% Balance Transfer rate for a generous 10 months with a low (1%) Balance Transfer fee†
-
13.99%† Purchase Annual Interest Rate
-
A first year annual fee rebate†
-
No annual fee for additional cards (up to 3)
Cons
-
There are other low interest cards available with no annual fee whatsoever
-
Few distinguishing benefits beyond its interest rates
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
0%
Pay 0% interest for up to 10 months with a 1% transfer fee.†
Pay 0% interest for up to 10 months with a 1% transfer fee.†
0%
13.99%†
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
$29
Annual Fee First year annual fee rebate† $0 for up to 3 additional cards.†.
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
13.99%†
Annual Fee
$29
Foreign Transaction Fee
2.5%
- †Terms and Conditions Apply. This offer is not available for residents of Quebec.
- “The information for the CIBC Select Visa has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.”
Best CIBC no annual fee credit card
CIBC Dividend® Visa* Card
3.0
Low intro APR
Welcome offerGood
Suggested credit scoreGet 9.99% Purchase† and 20.99% Cash† annual interest rate for 10 months†
Pros
-
No annual fee
-
High earn rates on popular spending categories
-
Up to three additional cards at no extra cost
-
Low required household annual income of $15,000†
-
No limit on the cash back you can earn†
Cons
-
Low earn rates on everyday spending
-
Only option to redeem cash back rewards is statement credit
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
2%
Get 2% cash back on eligible grocery purchases†
1%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
0.5%
0.5% cash back on all other purchases†
$0.10
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
Get 2% cash back on eligible grocery purchases†
2%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
1%
0.5% cash back on all other purchases†
0.5%
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
$0.10
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$0
Annual Fee $0 for each additional card (3 card maximum)
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$0
Foreign Transaction Fee
2.5%
Pros
-
No annual fee
-
High earn rates on popular spending categories
-
Up to three additional cards at no extra cost
-
Low required household annual income of $15,000†
-
No limit on the cash back you can earn†
Cons
-
Low earn rates on everyday spending
-
Only option to redeem cash back rewards is statement credit
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
2%
Get 2% cash back on eligible grocery purchases†
1%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
0.5%
0.5% cash back on all other purchases†
$0.10
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
Get 2% cash back on eligible grocery purchases†
2%
cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments†
1%
0.5% cash back on all other purchases†
0.5%
Save up to 10 cents off per litre on gas with CIBC and Journie Rewards at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations.†
$0.10
20.99%†
Purchase APR non-Quebec residents†
22.99%†
Balance Transfer Rate non-Quebec residents†
22.99%†
Cash Advance APR non-Quebec residents†
$0
Annual Fee $0 for each additional card (3 card maximum)
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$0
Foreign Transaction Fee
2.5%
- †Terms and Conditions Apply. This offer is not available for residents of Quebec.
- The information for the CIBC Dividend Visa has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Best CIBC balance transfer credit card
CIBC Select Visa* Card
2.7
0% interest
Welcome offerGood
Suggested credit scoreTransfer your credit card balance - Get 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†
Pros
-
0% Balance Transfer rate for a generous 10 months with a low (1%) Balance Transfer fee†
-
13.99%† Purchase Annual Interest Rate
-
A first year annual fee rebate†
-
No annual fee for additional cards (up to 3)
Cons
-
There are other low interest cards available with no annual fee whatsoever
-
Few distinguishing benefits beyond its interest rates
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
0%
Pay 0% interest for up to 10 months with a 1% transfer fee.†
Pay 0% interest for up to 10 months with a 1% transfer fee.†
0%
13.99%†
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
$29
Annual Fee First year annual fee rebate† $0 for up to 3 additional cards.†.
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
13.99%†
Annual Fee
$29
Foreign Transaction Fee
2.5%
Pros
-
0% Balance Transfer rate for a generous 10 months with a low (1%) Balance Transfer fee†
-
13.99%† Purchase Annual Interest Rate
-
A first year annual fee rebate†
-
No annual fee for additional cards (up to 3)
Cons
-
There are other low interest cards available with no annual fee whatsoever
-
Few distinguishing benefits beyond its interest rates
Eligibility
Good
Recommended Credit Score
$15,000†
Required Annual Household Income
Recommended Credit Score
Good
Required Annual Household Income
$15,000†
0%
Pay 0% interest for up to 10 months with a 1% transfer fee.†
Pay 0% interest for up to 10 months with a 1% transfer fee.†
0%
13.99%†
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
$29
Annual Fee First year annual fee rebate† $0 for up to 3 additional cards.†.
2.5%
Foreign Transaction Fee 2.5% of the transaction in CDN
Purchase APR
13.99%†
Balance Transfer Rate
13.99%†
Cash Advance APR
13.99%†
Annual Fee
$29
Foreign Transaction Fee
2.5%
Best CIBC student credit card in Canada
CIBC Aventura® Visa* Card for Students
3.7
up to 10k pts
Welcome offerGood
Suggested credit scoreEarn up to 10,000 Aventura Points† for no annual fee
Pros
-
Easy to earn welcome bonus
-
Points can be earned on all purchases
-
Your Aventura Points don’t expire†
-
Redeem your Aventura Points for more than travel with the Shop With Points/Pay with Points features†
-
Eligible student clients can get a free SPC+ membership
Cons
-
Lower earn rate than some other travel cards on the market
Eligibility
Good
Recommended Credit Score
$0†
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$0†
1 point
for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point
for every $1 spent on travel purchased through the CIBC Rewards Centre†
1 point
for every $2 spent on all other purchases†
for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point
for every $1 spent on travel purchased through the CIBC Rewards Centre†
1 point
for every $2 spent on all other purchases†
1 point
20.99%†
Purchase APR
22.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
$0
Annual Fee $0 for up to 3 additional cards
2.5%
Foreign Transaction Fee
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$0
Foreign Transaction Fee
2.5%
Pros
-
Easy to earn welcome bonus
-
Points can be earned on all purchases
-
Your Aventura Points don’t expire†
-
Redeem your Aventura Points for more than travel with the Shop With Points/Pay with Points features†
-
Eligible student clients can get a free SPC+ membership
Cons
-
Lower earn rate than some other travel cards on the market
Eligibility
Good
Recommended Credit Score
$0†
Required Annual Personal Income
Recommended Credit Score
Good
Required Annual Personal Income
$0†
1 point
for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point
for every $1 spent on travel purchased through the CIBC Rewards Centre†
1 point
for every $2 spent on all other purchases†
for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
1 point
for every $1 spent on travel purchased through the CIBC Rewards Centre†
1 point
for every $2 spent on all other purchases†
1 point
20.99%†
Purchase APR
22.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
$0
Annual Fee $0 for up to 3 additional cards
2.5%
Foreign Transaction Fee
Purchase APR
20.99%†
Balance Transfer Rate
22.99%†
Cash Advance APR
22.99%†
Annual Fee
$0
Foreign Transaction Fee
2.5%
- †Terms and Conditions Apply. This offer is not available for residents of Quebec.
- The information for the CIBC Aventura® Visa* Card for Students has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Compare the best CIBC Aventura travel credit cards
| Best CIBC Aventura credit cards | CIBC Aventura® Visa* Card | CIBC Aventura® Gold Visa* Card | CIBC Aventura® Visa Infinite* Card | CIBC Aventura® Visa Infinite Privilege* Card |
|---|---|---|---|---|
| - |
|
|
|
|
| Annual fee: | $0 | 139 (First year annual fee rebate!†) | $139 | $499 |
| APR: |
Purchases: 20.99%†
Cash advance / Balance transfers: 20.99%†(21.99 for Quebec residents†) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(21.99% for Quebec residents†) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(for non-Quebec residents†) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(non-Quebec residents†) |
| Minimum income: | $15,000 household† | $15,000† | $60,000 individual, or $100,000 household† | $150,000 individual, or $200,000 household† |
| Welcome bonus: | Earn up to 2,500 Aventura Points† for no annual fee† |
Join and get up to $1,300 in value†! And get a one-time annual fee rebate.
|
Join and get up to $1,300 in value including a first year annual fee rebate!†
|
Get a total of up to 80,000 Aventura Points† (up to $1,600 in travel value) during your first year.
|
| Earn rate per $1 | 1 point on gas, EV charging, groceries and drug stores†, 1 point on travel through the CIBC Rewards Centre†. Earn 1 point for every $2 spent on all other purchases† | 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†, 1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†, 1 point for every $1 spent on all other eligible purchases† | 2 points on travel purchased through the CIBC Rewards Centre†, 1.5 points at eligible gas stations, EV charging, grocery stores and drug stores†, 1 point on all other purchases† | 3 points on travel purchases through CIBC Rewards Centre†, 2 points on eligible dining, entertainment, transportation, gas, electric vehicle charging, and groceries†, 1.25 points on all other purchases† |
| Insurance: | Rental car, $100,000 travel accident, purchase security and extended warranty† | Emergency medical, flight delay and baggage, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary† | Emergency medical, flight delay and baggage, Trip cancellation, trip interruption, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary† | Emergency medical, flight delay and baggage, Trip cancellation, trip interruption, rental car, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel burglary† |
| Extra perks: | N/A | First year annual fee rebate!†, 4 Airport lounge passes†, $67 value† NEXUS◊ application fee rebate† | First year annual fee rebate!† $50 up to 3 additional cards†, 4 Airport lounge passes†, NEXUS(TM) Application Fee rebate† every four years | Annual travel credit, 6 Visa Airport Companion lounge passes†, NEXUS◊ application rebate every 4 years |
†Terms and Conditions Apply. This offer is not available in Quebec.
The information for the CIBC Aventura® Visa* Card been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
The information for the CIBC Aventura® Gold Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer. This offer is not available for residents of Quebec. †Terms and conditions apply.
The information for the CIBC Aventura® Visa Infinite* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
The information for the CIBC Aventura® Visa Infinite Privilege* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Compare the best CIBC Aeroplan credit cards for travel
| Best CIBC Aeroplan credit cards | CIBC Aeroplan® Visa* Card | CIBC Aeroplan® Visa Infinite* Card | CIBC Aeroplan® Visa Infinite Privilege* Card |
|---|---|---|---|
| - |
|
|
-1705006783.png)
|
| Annual fee: | $0 | $139 | $599 |
| APR: |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(21.99% for Quebec residents) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99% †(21.99% for Quebec residents) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(21.99% for Quebec residents) |
| Minimum income: | $15,000† | $60,000† individual, or $100,000† | $150,000 individual, or$200,000 household† |
| Welcome bonus: |
Earn up to 10,000 Aeroplan points (up to $200 in value). This offer is not available for residents of Quebec.
|
Join and get up to $1,100 in value in your first year!†
|
Join and get up to $2,200 in value in your first year!†
|
| Earn rate per $1 |
1 Aeroplan point on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®†.
Earn 1 point for every $1.50 you spend on all other purchases.† |
1.5 Aeroplan points on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®†. 1 Aeroplan point on all other purchases†.† Earn points twice at over 150 Aeroplan partners and more than 170 online retailers through the Aeroplan eStore |
Earn 1.5 Aeroplan points on eligible gas, electric vehicle charging, groceries, travel and dining†.
Earn 1.5 Aeroplan points on eligible gas, electric vehicle charging, groceries, travel and dining†. Earn 1.25 Aeroplan points on all other purchases† |
| Insurance | Rental car insurance, $100,000 travel accident, purchase security and extended warranty† | $500,000 travel accident, mobile device† | Out-of-province emergency travel medical, flight delay and baggage, trip cancellation and trip interruption, rental car insurance, $500,000 travel accident, purchase security and extended warranty, mobile device, hotel and motel burglary insurance† |
| Extra perks | n/a |
Free first checked bag for 2 travellers, one-time annual fee rebate†,
|
Get a free first checked bag for 2 travellers, Maple Leaf Lounges, 6 complimentary lounge passes. Get a NEXUS Application Fee rebate: a $67 value† |
- †Terms and Conditions Apply. This offer it not available to the residents of Quebec.
- The information for the CIBC Aeroplan® Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
- The information for the CIBC Aeroplan Visa Infinite Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
- The information for the CIBC Aeroplan® Visa Infinite Privilege* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Compare CIBC credit cards (cash back): Dividend
| Best CIBC cash back credit cards | CIBC Dividend® Visa* Card | CIBC Dividend Platinum® Visa* Card | CIBC Dividend® Visa Infinite* Card |
|---|---|---|---|
| - |
|
|
|
| Annual fee | $0 | 99 (First year annual fee rebate†) | 120 (First year rebated. Each additional card is $30 per year, max 3.) |
| APR |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99% †(non-Quebec residents†) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99% †(non-Quebec residents†) |
Purchases: 20.99%†
Cash advance / Balance transfers: 22.99%†(non-Quebec residents†) |
| Minimum income | $15,000 household† | $15,000 household† | $60,000 individual, or $100,000 household† |
| Welcome bonus | Get up to 10 cents off per litre at participating gas stations with Journie Rewards |
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $3,000†
|
Get a first-year annual fee rebate for you and up to three Authorized Users† and earn 10% cash back for the first 4 statements on net purchases of up to $3,000†.
|
| Earn rate per $1 | Earn 2% cash back on eligible groceries†, and up to 1% cash back on eligible gas, electric vehicle charging, transportation, dining and recurring payments†, 0.5% on everything else† | Earn 3% cash back on eligible gas, electric vehicle charging, and groceries†, 2% cash back on transportation, dining and recurring payments†, 1% cash back on everything else† |
Earn 4% cash back on eligible gas, EV charging, and grocery purchases† Earn 2% cash back on eligible transportation, dining purchases and recurring payments†. Earn 1% cash back on all other purchases†
|
| Insurance | $100,000 travel accident insurance† | rental car, $500,000 travel accident insurance, purchase security and extended warranty† | Out-of-province emergency travel medical, rental car, $500,000 travel accident insurance, purchase security and extended warranty, mobile device† |
- †Terms and Conditions Apply. This offer is not available for residents of Quebec.
- The information for the CIBC Dividend Visa has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
- The information for the CIBC Dividend Platinum Visa has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
- The information for the CIBC Dividend® Visa Infinite* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Expert tip: Some CIBC bank accounts come with CIBC credit card fee rebates
The Canadian Imperial Bank of Commerce, better known as CIBC, is considered to be one of the 5 best banks in Canada. CIBC credit cards options are wide as well—from travel rewards to low interest credit cards, there are several credit cards to choose from to fit most people's needs and goals. As an existing CIBC client, choosing a CIBC credit card can help simplify your banking experience by keeping everything all in one place. CIBC clients with multiple financial products may also benefit from the CIBC Smart Plus account which offers annual rebates on eligible CIBC credit cards. Talk to a CIBC representative to learn more.
How to pay your CIBC credit card bill from another bank
Paying a CIBC credit card bill from another bank can typically be done through one of several methods. Here's a general guide on how you can do it:
| How to pay a credit card with CIBC | Details |
|---|---|
| Online banking |
1. Log into your online banking portal for the bank where you have your checking or savings account.
2. Look for an option to make a bill payment. 3. Add your CIBC credit card as a payee. You'll likely need your credit card number and possibly other details such as the mailing address for CIBC's credit card payment processing. 4. Once the CIBC credit card is added as a payee, you can select it from your list of payees and enter the amount you want to pay. |
| Telephone banking |
1. Call CIBC's telephone banking service 1 (800) 465-2422.
2. Follow the prompts to make a bill payment. 3. Similar to online banking, you will need to add your CIBC credit card as a payee if it's not already added. |
| In-person at a bank branch |
1. Visit your local CIBC branch of the bank where you have an account.
2. Speak with a teller and request to make a payment to your CIBC credit card. You'll need to provide your credit card details and the payment amount. |
| Mail a cheque |
1. Write a cheque from your other bank account.
2. Mail it to the address provided by CIBC for credit card payments. Ensure you include your credit card number on the cheque for reference. |
| Mobile banking app |
1. If your bank has a mobile banking app, you can use it to make a payment.
2. The process will be similar to online banking, where you add your CIBC credit card as a payee and make a payment. |
Remember to ensure that your payment is made several business days before the due date to avoid any late fees, as some methods (like mailing a cheque) can take longer to process. Also, it's always a good idea to verify the specific process with your bank, as procedures can vary slightly between different financial institutions.
How to apply for a CIBC credit card in Canada
Applying for a CIBC credit card is a simple process with Money.ca. To start, click on the specific link associated with your choice of credit card. That link will direct you to the application page on CIBC's official website. There, you'll fill out an online application form asking your name, address, income and employment details. After submitting the form, CIBC will process the application and perform a credit check. if approved, you'll receive your credit card by mail within a few business days.
Note: CIBC secured credit card
CIBC does not offer a secured credit card, however, you can walk into a branch to apply for a credit card and put down a security deposit equivalent to the amount of credit you'd like (sometimes more of a deposit is required). If you have any collections or a poor credit score, they may still deny you.
If you want options, check out our best secured credit cards.
How to activate your CIBC credit card
Activating a CIBC credit card is a straightforward process and can be done in a few different ways. Here are the common methods:
Online activation
- Visit CIBC's website and look for the credit card activation link.
- You will need to sign into your CIBC online banking account. If you do not have one, you may need to register for online access first.
- Enter the required details, such as your credit card number and other personal identification information.
CIBC Mobile Banking App
- If you have the CIBC mobile app, you can activate your credit card through it.
- Log into the app using your online banking credentials.
- Navigate to the section for credit card activation and follow the prompts.
Telephone activation
- Call the activation phone number provided by CIBC. This number is typically found on a sticker on the front of the new credit card or in the information package that came with the card.
- Follow the automated prompts, which will likely include entering your credit card number and possibly some additional personal information for verification.
In-person at a branch
- If you prefer, you can visit a CIBC branch to activate your credit card.
- Bring your credit card and personal identification with you. A bank representative will assist you with the activation process.
When activating your new CIBC credit card, it's important to keep a few key points in mind. Ensure that you have the credit card at hand, along with any necessary personal identification and information, regardless of the chosen activation method. After successfully activating your card, don’t forget to sign the back of the card if it's required. Additionally, it's wise to review any updates or changes to your account terms and familiarize yourself with new features or benefits that may be associated with your card. In case you encounter any issues or have specific questions during the activation process, reaching out directly to CIBC for assistance is the best course of action.
CIBC credit card types
CIBC offers a variety of credit card types to suit different financial needs and preferences. The main categories of CIBC credit cards include:
- 1.
Rewards cards: These cards offer rewards points on purchases, which can be redeemed for travel, merchandise, gift cards, or even applied to credit card statements. Examples include the CIBC Aventura® and CIBC Aeroplan® card lines.
- 2.
Cash back cards: Ideal for those who prefer cash rewards, these cards provide cash back on purchases, often with higher rates in specific categories like groceries or gas. The CIBC Dividend® Visa line has a range of choices depending on your income and credit score.
- 3.
Travel cards: Designed for frequent travelers, these cards offer travel-related benefits and rewards, such as travel insurance, airport lounge access, and points redeemable for travel. Examples include the CIBC Aventura® and CIBC Aeroplan® card lines.
- 4.
Low-interest cards: These cards offer lower interest rates, making them a good choice for those who carry a balance. The CIBC Select Visa* is an example, offering a lower interest rate on purchases and cash advances.
- 5.
Student cards: Tailored for students, these cards often have no annual fee and offer rewards suitable for young adults managing credit for the first time. The CIBC Aventura® Visa Card for Students is an example.
- 6.
Business cards: Aimed at business owners and entrepreneurs, these cards offer features like expense management, rewards on business purchases, and additional cards for employees. The CIBC Bizline Visa is one such card, designed for small business needs.
- 7.
Balance transfer cards: These are cards that offer special promotions on balance transfers, which can be beneficial for those looking to consolidate and pay off existing credit card debt, like the CIBC Select Visa*.
- 8.
Secured cards: For those with limited credit history or looking to rebuild credit, secured cards require a security deposit and offer a way to build or improve credit scores. CIBC does not currently offer a secured credit card.
- 9.
No annual fee cards: CIBC offers a selection of credit cards with no annual fee, catering to those who prefer a cost-effective credit option without sacrificing rewards and benefits. A notable card in this category is the CIBC Dividend® Visa Card.
- 10.
Costco cards: CIBC has partnered with Costco to offer credit cards that are specifically designed for Costco members, maximizing rewards and benefits for shopping at Costco warehouses and gas stations. The CIBC Costco® Mastercard® is a popular choice in this segment.
About CIBC
CIBC Canada, or the Canadian Imperial Bank of Commerce, boasts a distinguished history that intertwines with the nation's own economic and financial evolution. Established through the amalgamation of two older banks, the Canadian Bank of Commerce (founded in 1867) and the Imperial Bank of Canada (founded in 1875), CIBC marked a significant milestone in the Canadian banking sector with its formation in 1961. This union created a robust institution that rapidly expanded its presence both nationally and internationally. It embraced early technological innovations, significantly impacting how Canadians interacted with their finances, notably through the introduction of Automated Teller Machines (ATMs) in the 1970s.
Throughout the 20th century and into the modern era, CIBC has continued to evolve and adapt. The bank has been at the forefront of embracing digital banking trends, ensuring that its services remain relevant and accessible in an increasingly online world. This period also saw CIBC engage in strategic mergers and acquisitions, further enhancing its market position and service offerings. These developments have solidified CIBC’s reputation as a dynamic and forward-thinking financial institution, committed to addressing the diverse needs of its customers.
Beyond its financial services, CIBC is renowned for its commitment to community involvement and championing diversity. As a major supporter of various social causes, including health, education, and community development, the bank has shown a consistent dedication to social responsibility. This commitment, coupled with its efforts in promoting workplace diversity and inclusion, highlights CIBC's role not just as a financial entity, but as an integral part of the broader Canadian community. Today, as one of the "Big Five" banks in Canada, CIBC continues to play a pivotal role in shaping the country’s financial landscape, balancing its rich history with a focus on innovation and social impact.
Want to look beyond CIBC?
If you didn’t find a CIBC card on this list that meets your needs, consider switching focus to another card issuer. We recommend that you start by checking out our list of the best credit cards in Canada, which might open your eyes to some great cards that you weren’t previously aware of.
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Tyler Wade has worked in personal finance for over 5 years writing for brands like Ratehub, Forbes, KOHO, and now Money.ca.
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