Annual fee
CA$120
Rewards rate
4%-1%
Welcome Bonus
CA$300
Apply Now →on CIBC's website
- 4%Cash back on groceries, gas, and EV charging
- 2%Cash back on dining, transportation, and recurring payments
- 1%Cash back on all other purchases
Welcome Bonus:
Earn 10% cash back for the first 4 months, up to $3,000 in spend.
Reward Rate:
Earn 4% cash back on groceries, gas, and EV charging, 2% on dining, transportation, and recurring payments, and 1% on all other purchases.
What sets the CIBC Dividend Visa Infinite apart is its impressive cash back rates, particularly the 4% on groceries and gas, making it a top choice for those who prioritize everyday spending.
Pros:
- High cash back on essential spending categories
- First-year annual fee rebate
Cons:
- Requires a high income for eligibility
- Annual fee after the first year
The CIBC Dividend Visa Infinite Card is well-suited for consumers who frequently spend on groceries and gas, benefiting from its high cash back rates. With a moderate annual fee and a substantial welcome bonus, it provides a compelling option for those looking to maximize rewards on everyday purchases.