CIBC · Visa · Cash back

Reviewed 2026-07-06 · By The Points Standard editorial team

CIBC Dividend Visa Card

5.1/10 · PassNo annual fee

A solid, unglamorous free cash-back card. The 2% grocery rate is its best feature; everything else is average.

How we make money & how we rank: rankings are set by the Standard Score, never by compensation. Some card links may become referral links; that never changes a card's score or position. Full disclosure. Last reviewed: 2026-07-06.

Standard Score breakdown — Pass

Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 5.07/10 Standard Score above.

Component (weight)RatingContributes
First-year value (30%)
4.01.20
Ongoing value (20%)
5.51.10
Flexibility (15%)
6.00.90
Perk usability (15%)
3.50.53
Low friction (10%)
8.50.85
Strategic fit (10%)
5.00.50

See how the Standard Score works or re-weight it to your priorities.

The numbers

Annual feeNone
Welcome bonusNo standing welcome bonus confirmed — check for current promotional cash-back offers before applying
Est. bonus value$0
First-year net value$120

Earn rates

Groceries2%
Gas, EV charging, transit, dining, recurring payments1%
Everything else0.5%

Why it earns its score

  • Genuinely free 2% grocery rate beats most no-fee competitors
  • Cash back never expires and has no earning cap
  • Journie Rewards gas discount stacks with the 1% earn rate

Where it loses points

  • No welcome bonus
  • 0.5% base rate on uncategorized spend is unremarkable
  • Dividend Visa Infinite earns more broadly for a modest fee

Who it's for

Grocery-heavy households who want a simple, genuinely free cash-back card.

Who should skip it

You spend heavily outside groceries/gas/dining — a flat-rate card likely earns more overall.

Included insurance

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Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.