CIBC Cash Back Credit Cards
Earn up to 4% cash back, welcome bonuses up to $450, rates starting at 20.75% and $0–$120 annual fees. Flexible redemption, insurance and everyday benefits included.
CIBC Cash Back Credit Cards offer competitive rates and flexible rewards, ideal for Canadians who want to maximize their everyday spending. Rates range from 20.75%–21.99% for purchases and annual fees from $0 to $120, depending on the card you select. Applicants can expect welcome offers up to $450 on select cards with bonus cash back and even annual fee rebates if they qualify.
How to Apply
To apply for a CIBC Cash Back Credit Card, prepare your personal and financial info and be at least the age of majority in your province. Visit CIBC’s credit card page, pick your preferred card, and follow the guided online application. Approval depends on credit history and income.
Pros of CIBC Cash Back Cards
One significant advantage is accelerated cash back in popular categories like groceries, gas, and transportation—up to 4%. There’s also the benefit of no expiry date on cash back. Many cards feature mobile device insurance, extended warranties, and flexible cash back redemption starting from as low as $10, making rewards easily accessible.
Cons of CIBC Cash Back Cards
Certain cards have annual fees, so you’ll want to ensure your rewards exceed the costs to get real value. Redemption rules can vary, as Costco credit cards only allow annual redemption through gift certificates. High purchase interest rates (up to 21.99%) mean you should always pay off your balance monthly to avoid extra charges.
Our Verdict
For shoppers seeking value and straightforward rewards, CIBC’s suite of cash back credit cards is worth considering. Strong bonuses, no expiry on rewards, and generous rates in daily spending categories give these cards strong appeal—just weigh the annual fee against your usual spending habits.
