- 4%Cash back on groceries, gas, and electric vehicle charging
- 2%Cash back on dining, transportation, and recurring payments
- 1%Cash back on all other purchases
Earn 10% cash back on up to CA$2,500 in purchases ($250 value) within the first four statements.
Earn 4% cash back on groceries, gas, and electric vehicle charging, 2% on dining, transportation, and recurring payments, and 1% on all other purchases.
What sets the CIBC Dividend Visa Infinite apart is its exceptional cash back rates on essential spending categories, making it a strong contender for those who prioritize rewards on groceries and gas.
Pros:
- High cash back on essential categories
- Comprehensive travel insurance
Cons:
- Requires high income for eligibility
- Annual fee applies
The CIBC Dividend Visa Infinite is particularly suitable for consumers who frequently spend on groceries and gas, as it offers competitive cash back rates in these categories. With its annual fee of CA$120 and a welcome bonus of 10% cash back, this card may appeal to individuals seeking to maximize rewards on everyday purchases while managing their expenses effectively.