- 4%Cash back on gas and groceries
- 2%Cash back on all other purchases
10% cash back on net purchases (up to CA$2,000) within your first 4 statements (up to CA$200), a CA$50 cash back bonus for setting up one pre-authorized payment, and a first-year annual fee rebate.
Earn 4% cash back on gas and groceries, plus up to 2% on everything else.
What sets the CIBC Dividend Visa Infinite apart is its industry-leading 4% cash back on groceries and gas, making it a top contender for those who spend heavily in these categories.
Pros:
- High cash back rates on essential categories
- First-year annual fee rebate
Cons:
- High annual fee after the first year
- Requires minimum income for eligibility
The CIBC Dividend Visa Infinite Card is best suited for consumers who frequently spend on groceries and gas, given its competitive 4% cash back in these categories. With an annual fee of CA$120 and a substantial welcome bonus, it can be a valuable option for individuals looking to maximize their rewards in everyday spending.