- 4%Cash back on groceries and gas/electric vehicle charging
- 2%Cash back on transportation, dining, and recurring bills
- 1%Cash back on all other purchases
The CIBC Dividend Visa Infinite Card offers a welcome bonus valued at up to CA$350 in value, including a first-year annual fee rebate.
The CIBC Dividend Visa Infinite Card offers tiered cash back rewards on everyday spending, featuring 4% back on groceries and gas/electric vehicle charging, 2% back on transportation, dining, and recurring bills, and 1% back on all other purchases.
The CIBC Dividend Visa Infinite Card stands out as the top choice because it offers a robust cash back structure that rewards users significantly on groceries and gas, making it ideal for everyday spenders.
Pros:
- High cash back rates on everyday spending
- Flexible cash back options
Cons:
- Annual fee applies
- Requires high income for eligibility
The CIBC Dividend Visa Infinite Card is well-suited for individuals who frequently spend on groceries and gas, as its high cashback rates in these categories can lead to significant rewards. However, potential users should consider the annual fee and their spending habits to determine if the card aligns with their financial goals.