The former Lille midfielder completed his move to Newcastle yesterday.
Bernard told the Evening Chronicle: "I've seen Cabaye play a few times, and I think he's almost the complete midfield player.
"He'll do a fantastic job. He's a tidy player, and a very neat passer of the ball.
"He rarely loses the ball, and he's great going forward. He's a box-to-box player, similar to Kieron Dyer when he came to Newcastle.
"He'll organise the side, and would be a very important player for Newcastle."