Looking for a credit card that offers cash back, gas savings, and insurance coverage? Look no further than the CIBC Dividend Platinum Visa card.
With up to 3% cash back on categories like gas, groceries, transportation, and dining, this card puts money back in your pocket.
Plus, enjoy discounts on car rentals and accident insurance coverage up to $500,000.
Keep reading to learn more about the features and benefits of this card and how it compares to others in the market.
Card Overview: Cash Back and Gas Savings
You can earn up to 3% cash back on gas purchases with the CIBC Dividend Platinum Visa Card and save up to 10 cents per litre at participating gas stations.
This card offers numerous benefits for those looking to maximize their cash back rewards and save on gas expenses. When comparing gas savings programs, the CIBC Dividend Platinum Visa Card stands out for its competitive rewards rate and the option to save on gas purchases.
With up to 3% cash back, you can earn significant savings on your gas expenses. Additionally, the opportunity to save up to 10 cents per litre at select gas stations further enhances the card’s appeal.
Features and Benefits of the CIBC Dividend Platinum Visa
Take advantage of annual fee rebates for both the primary cardholder and authorized users with the CIBC Dividend Platinum Visa Card. This credit card offers a rewards program that allows you to earn cash back on eligible purchases.
Here are some of the key features and benefits of the CIBC Dividend Platinum Visa:
- Earn up to 3% cash back on eligible purchases, including gas, groceries, recurring payments, transportation, and dining.
- Save up to 10 cents per litre on gas at participating stations, helping you save money at the pump.
- Get 1% cash back on CIBC Global Money Transfers, making it convenient to send money internationally.
- Enjoy a 25% discount on car rentals at Avis and Budget locations, making your travel experiences more affordable.
- Benefit from accident insurance coverage up to $500,000, providing peace of mind in case of unforeseen events.
With these cash back benefits and additional perks, the CIBC Dividend Platinum Visa Card offers a great way to earn rewards while enjoying financial flexibility.
Gas Savings and Rewards Program
Save up to 10 cents per litre at participating gas stations when you register for Journie Rewards with the CIBC Dividend Platinum Visa Card. The Journie Rewards program offers cash back on gas purchases and rewards points for in-store purchases. To take advantage of this offer, simply sign up for Journie Rewards and link your CIBC Dividend Platinum Visa Card. Here is a comparison of the Journie Rewards program with other fuel savings programs:
| Program | Fuel Savings | Rewards |
|---|---|---|
| Journie Rewards | Up to 10 cents per litre | Cash back on gas and rewards points |
| Canadian Tire Triangle Mastercard | Up to 5 cents per litre | Canadian Tire Money |
| Esso Extra | Up to 3 cents per litre | Esso Extra points |
As you can see, the CIBC Dividend Platinum Visa Card with Journie Rewards offers one of the highest fuel savings rates compared to other programs. Plus, you’ll also earn cash back on your gas purchases and rewards points for other in-store purchases. So start saving today and maximize your rewards with the CIBC Dividend Platinum Visa Card and Journie Rewards program.
Cash Back and Foreign Transaction Fees
Earn rewards on eligible purchases with the CIBC Dividend Platinum Visa Card, and be aware of the foreign transaction fees associated with using cards from other networks.
Here are some key points to consider about cash back rewards and foreign transaction fees:
The CIBC Dividend Platinum Visa Card allows you to earn up to 3% cash back on eligible purchases, including gas, groceries, recurring payments, transportation, and dining.
When using the card for international purchases, keep in mind that there is a foreign transaction fee of 2.5%.
It’s important to note that this fee is not applicable to cards from other networks, such as Mastercard and Amex.
To maximize your cash back rewards, consider using the CIBC Global Money Transfers feature, which offers 1% cash back on your transfers.
If you frequently travel abroad or make international purchases, it may be worth exploring other credit card options that offer lower or no foreign transaction fees.
Credit Card Security Features
Ensure your credit card transactions are secure by taking advantage of the multiple security features offered by the CIBC Dividend Platinum Visa Card.
This credit card provides strong credit card fraud prevention measures to safeguard your financial information. With over 6 security features, including fraud alerts and credit report alerts, you can have peace of mind knowing that your transactions are protected.
In addition, the card offers credit monitoring services to help you keep track of any suspicious activity on your account. These services can help detect and prevent unauthorized transactions, ensuring that your credit card information remains secure.
Auto Rental and Common Carrier Accident Insurance
When renting a vehicle or traveling on a common carrier, you can feel confident knowing that the CIBC Dividend Platinum Visa Card provides auto rental collision and loss damage insurance as well as accident insurance coverage.
With this card, you can enjoy the following benefits:
Auto rental coverage: The card offers coverage for collision and loss damage when renting a vehicle, giving you peace of mind during your travels.
Common carrier accident coverage: In case of an accident while traveling on a common carrier, such as a plane or train, the card provides insurance coverage up to $500,000.
Convenient protection: You don’t need to worry about purchasing separate insurance when renting a vehicle or traveling on a common carrier, as the card has you covered.
Cost savings: By having insurance coverage included with your credit card, you can save money on additional insurance fees.
Ease of use: Simply use your CIBC Dividend Platinum Visa Card for your travel expenses and enjoy the added protection it provides.
With the CIBC Dividend Platinum Visa Card, you can have peace of mind knowing that you are protected when renting a vehicle or traveling on a common carrier.
Purchase Security and Extended Warranty Coverage
Enjoy added protection with the CIBC Dividend Platinum Visa Card’s purchase security and extended warranty coverage. With the purchase security feature, you can feel confident knowing that your eligible credit card purchases are protected against theft, loss, or damage for up to 90 days from the date of purchase. If something happens to your purchase, you may be eligible to receive a refund or replacement.
In addition, the extended warranty coverage extends the manufacturer’s warranty on eligible purchases for up to one additional year. This means that if your item breaks or malfunctions after the original warranty expires, you may be covered for repair or replacement costs.
To make a claim for purchase security or extended warranty coverage, simply call the number on the back of your card and provide the necessary documentation, such as the original receipt and any supporting evidence. The claims process is designed to be quick and hassle-free, ensuring that you receive the benefits you are entitled to.
The benefits of extended warranty coverage include peace of mind, knowing that your purchases are protected beyond the manufacturer’s warranty period. This can save you money on repair or replacement costs, especially for expensive items such as electronics or appliances.
Comparing Insurance Coverage With Amex Cobalt
If you’re considering the Amex Cobalt card, it’s important to compare the insurance coverage it offers to the CIBC Dividend Platinum Visa Card. Here’s a comparison of the Amex Cobalt insurance options and coverage:
- Amex Cobalt offers Emergency Medical Insurance, providing coverage up to $5 million for eligible medical expenses while traveling.
- The card also includes Baggage and Flight Delay Insurance, offering coverage for lost, stolen, or damaged baggage, as well as reimbursement for expenses due to flight delays.
- In addition, Amex Cobalt provides Car Rental Theft and Damage Insurance, protecting you against theft or damage to rental cars.
On the other hand, the CIBC Dividend Platinum Visa Card offers Accident Insurance coverage up to $500,000 for common carrier accidents. It also includes Purchase Security and Extended Warranty Insurance, providing coverage for credit card purchases.
When comparing the insurance coverage, it’s clear that the Amex Cobalt card offers more comprehensive options, especially in terms of travel-related coverage.