CIBC Dividend® Visa Infinite* Card
This card is built for everyday household spending, especially if you spend heavily on groceries, gas and recurring bills. It stands out for its high cash back rates in practical categories and the ability to redeem cash back once your balance reaches $10.
Welcome bonus
10% cash back welcome bonus up to $200, plus $50 pre-auth bonus, and first-year fee rebate.
worth approximately $250
~$370 first-year value after $0 first-year fee
Earn rates
What this card earns you
Enter what you spend in a month. Caps are applied exactly as the card states them.
Annual spend
$21,600
$1,800 a month
Estimated rewards
$510
per year, after caps
After the annual fee
$390
less $120 fee
4%
$240
per year
4%
$72
per year
2%
$72
per year
2%
$48
per year
1%
$48
per year
1%
$30
per year
Estimates use each card's published earn rates and spending caps, annualized from your monthly figures. Where a cap is shared across categories it is split in proportion to what you spend in each. Welcome bonuses are not included.
Key facts
Annual fee
$120.00
$30 for Additional Card.
Purchase APR
21.99%
Cash advance APR
22.99%
Foreign transaction fee
2.5%
Income required
$60,000 personal / $100,000 household
Credit score
660+
Quebec residents — terms may differ
Cash advance rate is 21.99% in Quebec (vs 22.99% elsewhere), overlimit fees are waived, and a 5% minimum monthly payment applies.
Rates and fees sourced from CIBC's official card page →
Perks & benefits
Welcome bonus of 10% cash back on up to $2,000 spend, bundled with a first-year annual fee rebate.
Yields a potent 4% cash back on eligible gas, electric vehicle charging, and groceries.
Yields 2% cash back on transportation, dining, and recurring payments.
Features mobile device insurance and saves cardholders up to 10 cents off per litre at participating Journie Rewards gas stations.
Insurance coverage
- Mobile device insurance included.
Pros & cons
Pros
- Excellent 4% earn rate on gas, EV charging and groceries
- Strong welcome offer adds meaningful first-year value
- Useful 2% earn categories cover frequent everyday spending
- Cash back is easy to redeem through CIBC digital banking
Cons
- Income requirement may exclude some applicants
- Annual fee applies after the first-year rebate period ends
- Foreign transaction fee makes it less attractive for travel
- Best value depends on spending often in bonus categories
Eligibility requirements
- Canadian resident, age of majority.
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CIBC Dividend® Visa Infinite* Card
$120.00/year