- 4%Cash back on gas and groceries
- 2%Cash back on everything else
Earn a 10% cash back welcome bonus of up to $250 for the first 4 statements on net purchases up to $2,000.
Earn 4% cash back on gas and groceries, plus up to 2% on everything else.
The CIBC Dividend Visa Infinite Card stands out as the top choice because it offers a remarkable 4% cash back on essential categories like gas and groceries, making it ideal for everyday spending. With a generous welcome bonus of up to CA$250, it provides significant value for new cardholders.
Pros:
- High cash back on gas and groceries
- Generous welcome bonus
Cons:
- Annual fee applies
- Maximum spend limits on cash back categories
The CIBC Dividend Visa Infinite Card is well-suited for individuals who frequently spend on gas and groceries, as its 4% cash back rate in these categories can lead to substantial rewards for everyday purchases. However, the annual fee and eligibility requirements may make it less appealing for those with lower spending levels or those seeking no-fee options.