- 4%Cash back on groceries and gas
- 2%Cash back on dining, transportation, and recurring payments
- 1%Cash back on all other eligible purchases
Earn a 10% cash back welcome bonus of up to $200 for the first 4 statements on net purchases up to $2,000.
Earn 4% cash back on groceries and gas, 2% on dining, transportation, and recurring payments, and 1% on all other eligible purchases.
What sets the CIBC Dividend Visa Infinite Card apart is its tiered cash back structure, which rewards users with 4% on groceries and gas, making it ideal for households with higher spending in these categories.
Pros:
- High cash back on essential categories
- First-year annual fee rebate
Cons:
- Strict income requirements
- Annual fee after the first year
The CIBC Dividend Visa Infinite Card is a suitable option for individuals or families who frequently spend on groceries and gas, given its generous 4% cash back in these categories. However, potential applicants should consider the annual fee and their spending habits to determine if the card aligns with their financial goals.