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8 Best CIBC Credit Cards in Canada for 2024

Sep 8, 2024CIBC offers a range of credit cards that offer reward points, cash back and travel perks. Check out the best CIBC credit cards.
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CIBC, or Canadian Imperial Bank of Commerce, is one of Canada’s five biggest banks. They offer a range of credit cards to both individuals and businesses, as well as prepaid and student cards. Here are the eight best CIBC credit cards, according to NerdWallet’s analysis.

Best CIBC credit cards in Canada

No annual fee points card
CIBC Aeroplan® Visa* Card
CIBC Aeroplan® Visa* Card
4.7
NerdWallet rating
Annual fee$0
Regular APR
20.99% / 22.99%
Rewards rate
0.67x-1x Points
Sign-up bonus
10,000 Points
Recommended credit score760-900

Aeroplan points
CIBC Aeroplan® Visa Infinite Card
CIBC Aeroplan® Visa Infinite Card
4.9
NerdWallet rating
Annual fee
$139
Waived first year
Regular APR
20.99% / 22.99%
Rewards rate
1x-1.5x Points
Sign-up bonus
Up to 45,000 Points
Recommended credit score760-900

Aventura points
CIBC Aventura® Gold Visa* Card
CIBC Aventura® Gold Visa* Card
4.3
NerdWallet rating
Annual fee
$139
Waived first year
Regular APR
20.99% / 22.99%
Rewards rate
1x-2x Points
Sign-up bonus
Up to 35,000 Points
Recommended credit score725-900

Airport lounge access
CIBC Aventura Visa Infinite Card
CIBC Aventura Visa Infinite Card
4.3
NerdWallet rating
Annual fee
$139
Regular APR
20.99% / 22.99%
Rewards rate
1x-2x Points
Sign-up bonus
Up to 35,000 Points
Recommended credit score725-900

Premium perks
CIBC Aeroplan® Visa Infinite Privilege Card
CIBC Aeroplan® Visa Infinite Privilege Card
4.8
NerdWallet rating
Annual fee
$599
Annual fee rebate available
Regular APR
20.99% / 22.99%
Rewards rate
1.25x-2x Points
Sign-up bonus
Up to 110,000 Points
Recommended credit score760-900

Cashback rewards
CIBC Dividend® Visa Infinite Card
CIBC Dividend® Visa Infinite Card
4.0
NerdWallet rating
Annual fee
$120
Waived first year
Regular APR
20.99% / 22.99%
Rewards rate
1%-4%
Sign-up bonusN/A
Recommended credit score760-900

Students
CIBC Aeroplan® Visa* Card for Students
CIBC Aeroplan® Visa* Card for Students
4.3
NerdWallet rating
Annual fee$0
Regular APR
20.99% / 22.99%
Rewards rate
0.67x-1x Points
Sign-up bonus
10,000 Points
Recommended credit score300-900

Businesses
CIBC Aeroplan® Visa* Business Plus Card
CIBC Aeroplan® Visa* Business Plus Card
3.9
NerdWallet rating
Annual fee
$120
Waived first year
Regular APR
19.99% / 22.99%
Rewards rate
1x-2x Points
Sign-up bonus
Up to 60,000 Points
Recommended credit score760-900

Methodology

BACK TO TOP

We selected the best CIBC cards in Canada based on overall consumer value and their suitability for specific kinds of consumers. Factors in our evaluation methodology include annual and other fees, rewards rates, the earning structure (for example, flat-rate rewards versus bonus categories), redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features.

Summary of best CIBC credit cards in Canada

NerdWallet ratingAnnual feeRegular APRRewards rate
CIBC Aeroplan® Visa* Card
CIBC Aeroplan® Visa* Card
4.7/5
$0
20.99%/22.99%
0.67x-1x Points
CIBC Aeroplan® Visa Infinite Card
CIBC Aeroplan® Visa Infinite Card
4.9/5
$139
Waived first year
20.99%/22.99%
1x-1.5x Points
CIBC Aventura® Gold Visa* Card
CIBC Aventura® Gold Visa* Card
4.3/5
$139
Waived first year
20.99%/22.99%
1x-2x Points
CIBC Aventura Visa Infinite Card
CIBC Aventura Visa Infinite Card
4.3/5
$139
20.99%/22.99%
1x-2x Points
CIBC Aeroplan® Visa Infinite Privilege Card
CIBC Aeroplan® Visa Infinite Privilege Card
4.8/5
$599
Annual fee rebate available
20.99%/22.99%
1.25x-2x Points
CIBC Dividend® Visa Infinite Card
CIBC Dividend® Visa Infinite Card
4.0/5
$120
Waived first year
20.99%/22.99%
1%-4%
CIBC Aeroplan® Visa* Card for Students
CIBC Aeroplan® Visa* Card for Students
4.3/5
$0
20.99%/22.99%
0.67x-1x Points
CIBC Aeroplan® Visa* Business Plus Card
CIBC Aeroplan® Visa* Business Plus Card
3.9/5
$120
Waived first year
19.99%/22.99%
1x-2x Points

How to pay your CIBC credit card bill

You can pay your CIBC credit card bill online, through the mobile banking app, over the phone or in person at a CIBC Banking Centre. You can also set up recurring payments so you never miss a payment.

How to activate your CIBC credit card

When you receive your new CIBC credit card, you can activate it online or through the mobile banking app. Sign in to your account or sign up for a new account to begin the activation process.

How to cancel your CIBC credit card

If you no longer need your CIBC credit card, you can cancel it over the phone, by mail or by fax. Once canceled, you should cut up the card and destroy any Convenience Cheques associated with the account. You’ll also want to cancel any recurring payments made with the card, or switch to a new payment method.

What happens to my points?

If your card collects Aventura Points or Gold Bonus Points, you have 60 days from the date the card is cancelled to redeem the points.

Aeroplan points are automatically transferred to your Aeroplan account, which is not affected by the card’s cancellation.

What happens to my cash back?

If you have a CIBC cash-back card, any remaining cash is either applied to the outstanding balance or mailed to you upon cancellation. If you carry the CIBC Costco®† Mastercard®, you lose any cash back you earned when the account is cancelled.

How to change your CIBC credit card PIN

You can change the personal identification number (PIN) on an existing CIBC credit card online, through the mobile banking app or at a CIBC ATM. If changed online or via the app, you must use the card and PIN feature within 14 days, either at an ATM or via an in-person transaction.

CIBC credit card contact details

You can contact CIBC customer service online, by mail or by phone.

  • General questions: 1-800-465-4653

  • Lost or stolen credit cards: 1-800-663-4575

  • CIBC rewards: 1-888-232-5656

Types of CIBC credit cards

CIBC offers the following types of credit cards.

    • CIBC Aeroplan® Visa Infinite Card, $139 annual fee.

    • CIBC Aeroplan® Visa Infinite Privilege Card, $599 annual fee.

    • CIBC Aeroplan® Visa Card, $0 annual fee.

    • CIBC Aeroplan® Visa* Card for Students, $0 annual fee.

    • CIBC Aeroplan® Visa* Business Card, $180 annual fee.

    • CIBC Aeroplan® Visa* Business Plus Card, $120 annual fee.

    • CIBC Aeroplan® Visa Infinite Card, $139 annual fee.

    • CIBC Aeroplan® Visa Infinite Privilege Card, $599 annual fee.

    • CIBC Aeroplan® Visa Card, $0 annual fee.

    • Aeroplan® Visa* Card for Students, $0 annual fee.

    • CIBC Aeroplan® Visa* Business Card, $180 annual fee.

    • CIBC Aeroplan® Visa* Business Plus Card, $120 annual fee.

    • CIBC U.S. Dollar Aventura® Gold Visa* Card, $35 USD annual fee.

    • CIBC Aventura® Gold Visa* Card, $139 annual fee.

    • CIBC Aventura® Visa* Card, $0 annual fee.

    • CIBC Aventura Visa Infinite Card, $139 annual fee.

    • CIBC Aventura® Visa Infinite Privilege* Card, $499 annual fee.

    • CIBC Aventura® Visa Card for Students, $0 annual fee.

    • CIBC Aventura Visa Card for Business, $180 annual fee.

    • CIBC Aventura® Visa* Card for Business Plus, $120 annual fee.

    • CIBC Dividend® Visa Infinite Card, $120 annual fee.

    • CIBC Dividend Platinum Visa Card, $99 annual fee.

    • CIBC Dividend Visa Card, $0 annual fee.

    • CIBC Dividend® Visa* Card for Students, $0 annual fee.

    • CIBC Costco®† Mastercard®, $0 annual fee.

    • CIBC Costco Business Mastercard, $0 annual fee.

    • CIBC Aventura Visa Card for Business, $180 annual fee.

    • CIBC Aeroplan® Visa* Business Card, $180 annual fee.

    • CIBC Aventura® Visa* Card for Business Plus, $120 annual fee.

    • CIBC Aeroplan® Visa* Business Plus Card, $120 annual fee.

    • CIBC bizline® Visa* Card, $0 annual fee.

    • CIBC Corporate Classic Plus Visa Card, $20 annual fee.

    • CIBC Costco Business Mastercard, $0 annual fee.

    • CIBC Select Visa Card, $29 annual fee.