- 4%Cash back on gas and groceries
- 2%Cash back on all other purchases
Earn a 10% cash back welcome bonus on net purchases up to CA$2,500 for the first 4 months.
Earn 4% cash back on gas and groceries; 2% on everything else.
The CIBC Dividend Visa Infinite shines for its impressive cash back rates, particularly the 4% on gas and groceries, making it a top contender for those who spend heavily in these categories. Coupled with a substantial welcome bonus, it offers significant value for new cardholders looking to maximize their rewards.
Pros:
- High cash back on essential categories
- Strong welcome bonus
Cons:
- Annual fee applies
- Interest rates can be high
The CIBC Dividend Visa Infinite is well-suited for individuals who frequently spend on gas and groceries, thanks to its high cash back rates in these categories. With a reasonable annual fee and a generous welcome bonus, this card may appeal to those seeking to optimize their rewards through everyday purchases.