- 4%Cash back on gas, groceries, and EV charging
- 2%Cash back on dining and transportation
- 1%Cash back on all other purchases
Earn 10% cash back on spending in the first four statements, plus a $50 cash back bonus for setting up pre-authorized payments.
Earn 4% cash back on gas, groceries, and EV charging, 2% on dining and transportation, and 1% on everything else.
What sets the CIBC Dividend Visa Infinite card apart is its straightforward cash back structure, offering 4% on essential spending categories without any annual cap. This makes it particularly appealing for frequent spenders in gas and groceries, maximizing rewards effortlessly.
Pros:
- High cash back rates on essential categories
- No annual cap on earnings
Cons:
- Annual fee applies
- Income requirements may limit eligibility
The CIBC Dividend Visa Infinite card is well-suited for consumers who prioritize cash back rewards, especially those who frequently spend on gas and groceries, given its high reward rates in these categories. With a reasonable annual fee and a straightforward rewards structure, it may appeal to those looking for a no-fuss approach to earning cash back on everyday purchases.