Pros
- ✓First Year Annual Fee Rebate ($120 annual fee rebated)
- ✓Welcome Bonus: $300
- ✓Up to 4x on Gas
- ✓Purchase protection included
- ✓Travel medical insurance included
Cons
- ✗Foreign Transaction Fee (2.5%)
- ✗No airport lounge access despite fee
Our Review
The CIBC Dividend® Visa Infinite* Card is one of the best Visa credit cards with cash back in Canada.
Right now, with this welcome offer, get a 10% welcome bonus in the form of up to $250 cash back (period covered by your first 4 statements) and a rebate on your first year’s annual fees†!
Plus, receive $50 cash back when you set up a pre-authorized payment within the first 4 months.
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!
And that’s not counting the other purchases you’ll make with this card and the advantages it offers (particularly in terms of insurance).
And 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.
Cashback earned
$564
$/yr
Estimated Value
$564
After Fees
+$564
1st Year Value
$864
incl. welcome bonus
Annual rewards breakdown
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 Rate21.99%
- Cash Advance22.99%
- Foreign Transaction Fee2.5%
Perks & Benefits
Concierge Service
24/7
Eligibility
Personal Income
$60,000
Household Income
$100,000
Terms & Conditions
Card Features
Welcome Offer: Apply and earn up to $400 in value, including a first-year annual fee rebate.†
Here’s how you can earn up to $400:
- Earn a 10% cash back welcome bonus of up to $250 (first 4 statements†)
- A $50 cash back bonus for setting up one pre-authorized payment within the first 4 monthly statements.†
- First year annual fee rebate valued at $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 and Mobile Banking®†
Save over $600 with CIBC and Skip
Get a 12-month Skip+ free trial and other exclusive benefits when you link your CIBC Dividend Visa Infinite Card with Skip.†
Save on gas with CIBC and Journie Rewards
Link your CIBC Dividend® Visa Infinite* Card to Journie Rewards and use it to save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.†
FAQ
What is the cash back rate on grocery and gas purchases with the CIBC Dividend® Visa Infinite* Card?
The CIBC Dividend® Visa Infinite* Card offers 4% cash back on eligible gas, electric vehicle charging, and grocery purchases.
How are cash back for other CIBC Dividend® Visa Infinite* Card purchase categories distributed?
The CIBC Dividend® Visa Infinite* Card offers 2% cash back on eligible transportation and dining purchases, as well as on eligible recurring bill payments, and 1% cash back on all other purchases.
How can I redeem my cash back with the CIBC Dividend® Visa Infinite* Card?
You can redeem your cash back at any time, provided you have a balance of at least $10, via CIBC Online Banking or CIBC Mobile Banking.
How to save on gas with the CIBC Dividend® Visa Infinite* Card and Journie Rewards?
By linking your CIBC Dividend® Visa Infinite* Card to Journie Rewards, you can save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.
How to link the CIBC Dividend® Visa Infinite* Card? to Journie Rewards to save on gas?
To save on gas, link your CIBC Dividend® Visa Infinite* Card? to Journie Rewards and use it at participating gas stations to get the discount.
What is the cashback percentage on recurring payments with the CIBC Dividend® Visa Infinite* Card?
The CIBC Dividend® Visa Infinite* Card offers 2% cash back on eligible recurring bill payments.
Legal
This is a digital-exclusive offer.† To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you. † This offer is reserved for you. Please do not forward it to anyone else.
This offer is reserved for you. Please do not forward it to anyone else. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Dividend card within the last 12 months.†
† Terms and conditions apply. Click on Apply Now to learn more.
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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. Ratesopedia 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.