MilesopediaJean-Maximilien VoisinePowered by Milesopedia

Pros & Cons

Pros

  • +First Year Annual Fee Rebate ($120 annual fee rebated)
  • +Welcome Bonus: $300
  • +Up to 4x on Gas

Cons

  • Foreign Transaction Fee (2.5%)
  • No airport lounge access despite fee

Our Review

The CIBC Dividend® Visa Infinite* Card is one of Canada’s best Visa cash back credit cards.

With this offer, get up to $400 in value:

  • A 10% cash back welcome bonus of up to $250 (first 4 statements)
  • A $50 cash back when setting up a pre-authorized payment (first 4 months)
  • A first year annual fee rebate (worth $120)

With this CIBC cash back credit card, you earn:

  • 4% cash back on eligible gas, electric vehicle charging, and grocery purchases
  • 2% cash back on eligible transportation and dining purchases and on eligible recurring bill payments
  • 1% cash back on all other purchases

For example, if you spend $1,000 per month on groceries and/or gas and/or electric vehicle charging, you’ll earn $40 cash back per month or $480 cash back per year with this card for this category of purchases!

This CIBC cash back credit card offers many insurance coverages:

  • Auto Rental Collision/Loss Damage Insurance
  • $500,000 Common Carrier Accident Insurance
  • Out-of-Province Emergency Travel Medical Insurance
  • Purchase Security and Extended Protection Insurance

Rewards

All Spending

1x

Cash Back pts per dollar

Gas

4x

Groceries

4x

Restaurants

2x

Recurring

2x

Transit

2x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Groceries4.00%
$700/month
Gas & EV4.00%
$200/month
Transit2.00%
$100/month
Restaurants2.00%
$300/month
Pharmacy1.00%
$50/month
Travel1.00%
$150/month
Bills & recurring payments2.00%
$250/month
Telecom1.00%
$150/month
Entertainment & streaming1.00%
$100/month
Office supplies1.00%
$0/month
All other spending1.00%
$500/month

Cashback earned

$702

$/yr

Estimated Value

$702

After Fees

+$702

1st Year Value

$1,002

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 4.00%$336
Gas & EV$2,400/yr × 4.00%$96
Transit$1,200/yr × 2.00%$24
Restaurants$3,600/yr × 2.00%$72
Pharmacy$600/yr × 1.00%$6
Travel$1,800/yr × 1.00%$18
Bills & recurring payments$3,000/yr × 2.00%$60
Telecom$1,800/yr × 1.00%$18
Entertainment & streaming$1,200/yr × 1.00%$12
All other spending$6,000/yr × 1.00%$60
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year2.34%
Average earn rate on spend 1st year with welcome bonus3.34%
Total cashback on spend$702
Welcome bonus+$300
  • Earn $250 Cash Back
  • Earn $50 Cash Back
Total cashback earned$1,002

Travel Insurance

Travel Medical

Up to $5,000,000 / 10 days

Travel Accident

Up to $500,000

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Mobile Device

Up to $1,000

Auto Rental

Up to $65,000 / 48 days

Interest Rates

  • Purchase Rate
    21.99%
  • Cash Advance
    22.99%
  • Cash advance rate (Quebec)
    21.99%
  • Balance transfer rate
    22.99%
  • Balance transfer rate (Quebec)
    21.99%
  • Foreign Transaction Fee
    2.5%

Perks & Benefits

Concierge Service

24/7

Eligibility

Personal Income

$60,000

Household Income

$100,000

Terms & Conditions

Card Features

Welcome Offer: Apply for a card and get up to $400 in value, including a first year annual fee rebate.

Here’s how you can earn up to $400:

  • Earn a welcome bonus of 10% cash back, up to $250 (during your first 4 statements).
  • Earn a $50 cash back bonus when you set up a pre-authorized payment during your first 4 monthly statements.
  • Get a first year annual fee rebate worth $120.

Then, get 4% cash back on eligible gas, electric vehicle charging, and grocery purchases

  • 2% cash back on eligible transportation and dining purchases and on eligible recurring bill payments
  • 1% cash back on all other purchases
  • Get cash back on demand – redeem your cash back at any time when you have a minimum of $10 through CIBC Online BankingMD and CIBC Mobile BankingMD

Obtenez une adhésion gratuite à Skip+ quand vous liez votre carte de crédit CIBC admissible

De plus, profitez de la livraison gratuite et obtenez un bon mensuel de 10 $.

Faites le plein à moindre coût

Économisez jusqu’à 10 cents le litre aux stations-service participantes de Pioneer, Fas Gas, Ultramar et Chevron lorsque vous liez votre carte avec Récompenses Journie.

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. JMV may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 CIBC. All trademarks are property of their respective owners.