Annual fee
CA$0
Rewards rate
3%-1%
Welcome Bonus
CA$125
Apply Now →on CIBC's website
- 3%Cash back on groceries
- 1%Cash back on all other purchases
Welcome Bonus:
Welcome bonus of up to CA$125 in total first-year value.
Reward Rate:
Earn 3% cash back on groceries and 1% on all other purchases.
The CIBC Dividend Visa Card for Students is an excellent choice for those who want to maximize their cash back on grocery purchases. With no annual fee and a solid welcome bonus, it provides a great starting point for students looking to build their credit.
Pros:
- No annual fee
- Strong cash back on groceries
Cons:
- Limited categories for cash back
- Higher interest rates
The CIBC Dividend Visa Card for Students is well-suited for students seeking to earn cash back on everyday purchases, particularly groceries, without incurring an annual fee. Its competitive rewards structure and welcome bonus make it a practical option for those looking to establish credit while benefiting from a straightforward rewards program.