What is the cashback percentage on grocery purchases with the CIBC Dividend® Visa* Card for Students?

With the CIBC Dividend® Visa* Card for Students, you earn 2% cash back on eligible grocery purchases.

How are cash back on other CIBC Dividend® Visa* Card for Students purchases calculated?

The CIBC Dividend® Visa* Card for Students offers 1% cash back on eligible gas, electric vehicle charging, transportation and restaurant purchases, as well as on eligible recurring payments, and 0.5% cash back on all other purchases.

How can I redeem my cash back with the CIBC Dividend® Visa* Card for Students?

You can redeem your cash back at any time when you have a balance of at least $25 via CIBC Online Banking® or CIBC Mobile Banking®.

What additional benefits can students get with the CIBC Dividend® Visa* Card for Students?

Eligible students can benefit from complimentary membership in the SPC+ program, which offers over 450 deals on everyday purchases, increased discounts, special experiences and exclusive gifts, making student life more rewarding with CIBC.

How does the CIBC Dividend® Visa* Card for Students help you manage your student budget?

The CIBC Dividend® Visa* Card for Students offers cash back on various categories of purchases, including groceries and gas, helping students save and manage their budgets while enjoying the essentials of student life.

What is the minimum amount of cash back required to redeem with the CIBC Dividend® Visa* Card for Students?

To redeem your cash back with the CIBC Dividend® Visa* Card for Students, you must have a minimum balance of $25.

How do I get free SPC+ membership with the CIBC Dividend® Visa* Card for Students?

Eligible students can get a free membership to the SPC+ program by opting for the CIBC Dividend® Visa* Card for Students, enjoying numerous benefits and discounts.

CIBC Dividend® Visa* Card for Students

Offer

Welcome Offer: Earn a 10% cash back welcome bonus of up to $100 (first 4 statements)†.

Plus, get 2% cash back on eligible grocery purchases!^†

1% cash back on eligible gas, EV charging, transportation, dining purchases and recurring payments^†
0.5% cash back on all other purchases^†
Get cash back on demand – redeem your cash back at any time when you have a minimum of $25 through CIBC Online and Mobile Banking®^†

Get all the student-life essentials on a budget

Eligible student clients can get a free SPC+ card membership, and receive over 450 deals on everyday purchases, bigger discounts, special experiences and exclusive giveaways. Start banking with CIBC and make student life more rewarding.^†

Fees & Conditions

Personal Income $0

Household Income $0

Annual Fee $0

First Additional Card $0

Foreign Transaction Fee 2.5%

Purchase Rates 20.99%

Cash Advance Rates 22.99%

Balance Transfer Rates 22.99%

Cash Advance Rate (QC) 21.99%

Balance Transfer Rates (QC) 21.99%

Value

Calculate the rewards

Your Monthly Spending

Groceries

GAS / TRANSPORT

DINING

TRAVEL

BILLS

OTHER

Welcome Bonus

0 $

Annual Credit

Travel benefits

VIP Lounges

First year offer value

Rewards Earned

Annual fee

Net value

How we value points and benefits.

Advantages

Welcome Bonus amount Up to $100 cash back^†

Minimum Spending Required $1,000

Minimum Spending Timeframe (Months) 4 month(s)

Earnings

Per dollar of purchases

All Spending 0.5 %

Groceries 2 %

Gas 1 %

Dining and Food delivery 1 %

Convenience Stores 0.5 %

Drugstores 0.5 %

Local Transport 1 %

Travel 0.5 %

Entertainment 0.5 %

Recurring Payments 1 %

Telecom/Internet 0.5 %

Streaming services 0.5 %

Online transactions 0.5 %

Office Supplies 0.5 %

Insurance

Travel Insurance

Travel Medical Insurance

Travel medical insurance up to 54 years old

Travel medical insurance up to 64 years old

Travel medical insurance 65+

Trip Cancellation Insurance

Trip Interruption Insurance

Common Carrier Travel Accident Insurance

$100,000

Flight Delay Insurance

Delayed Baggage Insurance

Lost/Stolen Baggage Insurance

Auto Rental Loss/Insurance

Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Extended Warranty

1 year

Purchase Protection

90 day(s)

Mobile Device Insurance

Price Protection

Alternative Cards

CIBC Aventura^® Visa* Card for Students

Up to 10,000 Aventura Points ^†

First year value : $314

Apply Now

BMO CashBack^® Mastercard^®* for students

Up to $100 cash back

Ends Nov 30, 2024

First year value : $358

Apply Now

CIBC Dividend^® Visa* Card

Get 9.99% Purchase^† and 20.99% Cash^† annual interest rate for 10 months^†

First year value : $238

Apply Now

Legal

This is a digital-exclusive offer.^† To be eligible for this offer:
1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and
2) 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 Dividend card within the last 12 months.^†

^† Terms and Conditions apply

4.3 Milesopedia Rating