Annual fee
CA$120
Rewards rate
4%-1%
Welcome Bonus
CA$200
Apply Now →on CIBC's website
- 4%Cash back on groceries, gas, and EV charging
- 2%Cash back on dining and transportation
- 1%Cash back on all other purchases
Welcome Bonus:
Earn a 10% cash back welcome bonus on net purchases up to CA$2,000.
Reward Rate:
Earn 4% cash back on groceries, gas, and EV charging, 2% on dining and transportation, and 1% on all other purchases.
The standout feature here is the impressive cash back rate on essential spending categories, making it a top choice for those who prioritize everyday expenses.
Pros:
- High cash back on essential categories
- First year annual fee rebate
Cons:
- Requires minimum income
- Limited to specific categories for high rewards
The CIBC Dividend Visa Infinite card is well-suited for individuals who frequently spend on essential categories and seek to maximize their cash back rewards. With a competitive annual fee and a solid welcome bonus, it offers a compelling option for those looking to enhance their everyday spending with valuable rewards.