CIBC Dividend® Visa Infinite* Card

Everything you need to know about the CIBC Dividend Visa Infinite Card, CIBC's flagship cash back credit card that earns 4% on gas, EV charging and groceries.

Updated on: 2024-07-04

Signup bonus:

$120 Annual fee

Annual fee:

$120 (rebated in the first year)†

Annual interest rates:

20.99% purchase
22.99% cash advance (21.99% for Quebec residents)
22.99% balance transfer (21.99% for Quebec residents)

Earning rate:

4% cash back on eligible groceries, EV charging, and gas†
2% cash back on eligible transportation, dining, and recurring payments†
1% cash back on all other eligible purchases†



The CIBC Dividend® Visa Infinite* Card is one of Canada's leading cash back credit cards thanks to its 4% return on eligible gas, EV charging, and groceries.†

Bonuses & Fees

Currently the welcome bonus on the CIBC Dividend® Visa Infinite* Card is 10% cash back, for a total of up to a total of $300 cash back on $3,000 spent for the first four statements. The annual fee of $120 is rebated the first yearwith the current offer. Supplementary cardholders come at a cost of $30 apiece. As part of the welcome bonus, the annual fees on the first three additional cards are also rebated in the first year. This is a digital-exclusive offer. To be eligible for this offer, it must have been directly communicated from CIBC or from a partner/affiliate, and you must apply for the eligible card through the link provided by CIBC or the partner/affiliate. CIBC may approve your application, but you are not eligible to receive this offer if you have opened, transferred, or cancelled another eligible Dividend card within the last 12 months.†

Earning Rewards

The CIBC Dividend® Visa Infinite* Card offers the following earning rates:

  • 4% cash back on eligible gas, EV charging and groceries
  • 2% cash back on eligible transportation, dining, and recurring payments
  • 1% cash back on all other eligible purchases
These are some of the most useful categories for bonus rewards, since they apply to a good portion of many Canadians’ everyday purchases. If you’re looking for high rates on groceries, gas, EV charging, and restaurants, and want to earn cash back on your purchases, the CIBC Dividend® Visa Infinite* Card is the total package for you.

Redeeming Rewards

With CIBC's cash back cards, the primary cardholder may redeem cash back at any time during the year, provided they have a minimum cash back balance of $25 at the time the redemption request is made.2 That's a relatively flexible policy compared to other cash back credit cards on the market, some of which only allow you to claim your cash back earnings once a year.

Perks & Benefits

As is typical for credit cards that earn cash back instead of travel rewards, the CIBC Dividend® Visa Infinite* Card comes with a limited set of perks. As a cardholder, you have the ability to save up to 10 cents per litre at participating Chevron, Ultramar, Pioneer, and Fas Gas gas stations when you link your card with the Journie Rewards gas loyalty program.

Insurance Coverage

Despite not being a travel rewards credit card, the CIBC Dividend® Visa Infinite* Card comes with a fairly high level of emergency travel medical insurance: $5,000,000 of coverage on the first 10 days of an out-of-province trip if you're aged 64 or lower.

The card also boasts $500,000 of Common Carrier Accident insurance, as well as car rental theft/damage insurance on vehicles up to $65,000 MSRP.

In addition, it offers extended warranty (doubling the manufacturer's standard warranty, up to one additional year) and purchase security (against accidental damage or theft within 90 days).

Lastly, it also comes with Mobile Device Insurance. By paying for your smartphone, tablet, or smartwatch using your CIBC Dividend Visa Infinite Card, you’ll get coverage of up to $1,000 in the event your mobile device is lost, stolen, or accidentally damaged, for up to 24 months!

†Terms and conditions apply. CIBC is not responsible for maintaining the content on this site. Please click on the Apply Now link for the most up to date information.

Share this post