×1 Award winner
Pros & cons
Pros
- 10% cash back for the first 4 months, up to $2,500 in spend
- 4% cash back on gas and groceries.
- 2% cash back on restaurants, transportation, and recurring bill payments.
- Save up to 10 cents per litre on fuel at Journie Rewards gas stations.
Cons
- Lower insurance coverage compared to similar credit cards.
- High income requirements of either $60,000 personal or $100,000 household.
Your rewards
Getting your welcome bonus
Based on $2,000 in monthly spending, you can get up to 10% in your first 4 months on up to $2,500 in spending which translates to an estimated $369.◊
For all welcome bonus details click here.
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With CIBC Dividend Visa Infinite Card, here's how you earn rewards:
- 4%† cash back on eligible gas , EV charging , and groceries
- 2%† cash back on eligible restaurants , transportation , and recurring bills /payments
- 1%† cash back on all other purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For CIBC Dividend Visa Infinite Card in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Statement credits | $492 |
Calculating your annual rewards
$24,000 annual spending x 2.05% return on spending = $492 annual rewards
$492 annual rewards − $120.00 annual fee = $372 net annual rewards
Details and eligibility
- Estimated Credit Score
- 660 - 724
- Personal Income
- $60,000
- Household Income
- $100,000
- Annual Fee
- $120.00
- Extra Card Fee
- $30
- Card type
- Credit
- Purchase
- 21.99%
- Cash Advance
- 22.99%
- Balance Transfer
- 22.99%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
- Mobile Device
- $1,000
- Travel Accident
- $500,000
- Emergency Medical Term
- 10 days
- Rental Car Theft & Damage
- Yes
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
CIBC Dividend Visa Infinite Card's 3.9 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Learn more about our rating methodology.
Awards
Each year for our annual credit card rankings our Genius Rating algorithm computes the best credit cards across 28 different categories. Here’s what this card has won this year:
Top cards from CIBC
CIBC Dividend Visa Infinite review
Big gas and grocery spender? The CIBC Dividend Visa Infinite will earn you plenty of cash back on those purchases and more, all for an annual fee of $120 (which is rebated for the first year).
Here's what you need to know about this card.
CIBC Dividend Visa Infinite cash back earn rates
So just what will you earn for cash back? There are some excellent earn rates with this card:
- 4%† cash back on eligible gas, EV charging, and groceries
- 2%† cash back on eligible restaurants, transportation, and recurring bills/payments
- 1%† cash back on all other purchases
Not many credit cards can say they offer 4% cash back on 2 different categories. And there are also some bonus rewards on another 3 categories, while never earning less than 1% back on everything else.
Just note that you'll only earn 4% and 2% on purchases in your first $80,000 in annual spend. But those are pretty big spending caps not likely to be touched by most people.
The best part? CIBC makes it easy to get your cash back. You can request a statement credit once you've accumulated $10.
Other benefits included with the CIBC Dividend Visa Infinite
What else does this card include with its $120 annual fee?
There are 4 main perks this card offers.
1. Travel and purchase insurance
You'll get 6 types of travel and purchase insurance included. Some of the highlights include emergency medical coverage, trip interruption, and mobile device coverage.
Full details can be found by heading to the Insurance Coverage tab above.
2. Visa Infinite benefits
This card falls under the Visa Infinite category, so you'll also receive the full suite of Visa Infinite benefits.
These benefits include:
- Visa Infinite hotel collection,
- Visa Infinite concierge, and
- Visa Infinite dining series.
The Visa Infinite program has a ton to offer – it's good to know you'll always have these in your back pocket with this CIBC card.
3. Savings at Journie Rewards affiliated gas stations
On top of earning extra rewards on your gas, you'll all get some extra savings at Journie Rewards gas stations.
You'll save up to 10 cents per litre on all your gas when you pay with your CIBC.
Here are the partner gas stations that you'll see a savings at:
- Ultramar,
- Fas Gas,
- Pioneer, and
- Chevron.
4. Excellent welcome bonus
CIBC will reward you for getting this cash back card. In the first 4 months, you'll earn 10% cash back, up to $2,500 in spend.
That's worth up to $250. Just note this number does include what you would normally be earning anyway.
The downsides to the CIBC Dividend Visa Infinite
On the other hand, here are 2 things to be aware of.
1. High income requirements
It's a Visa Infinite credit card, and that means it paired with high income requirements. You'll need either a personal income of $60,000 or a household income of $100,000 to qualify.
2. High standard interest rates
You won't be getting any breaks from interest here. The standard rate for new purchases is 21.99%. You'll have to pony up 22.99% on cash advances and balance transfers.
Comparison to the CIBC Dividend Platinum Visa
Don't meet those high income requirements? CIBC has another high-end cash back card for you to look into with the CIBC Dividend Platinum Visa Card.
Here's what it offers.
| CIBC Dividend Visa Infinite | CIBC Dividend Platinum Visa | |
|---|---|---|
| Welcome Bonus | 10% cash back for the first 4 months, first year annual fee rebate (terms) | 10% cash back for the first 4 months, first year annual fee rebate (terms) |
| Earn Rates | * 4%† cash back on eligible gas, EV charging, and groceries * 2%† cash back on eligible restaurants, transportation, and recurring bills/payments * 1%† cash back on all other purchases | * 3% cash back on eligible gas, EV charging, and groceries * 2% cash back on eligible restaurants, transportation, and recurring bills * 1% cash back on all other purchases |
| Average Earn Rate | 2.05 | 1.63 |
| Insurance Coverage | 6 types included | 4 types included |
| Annual Fee | $120 | $99 |
| Income Requirements | * $60,000 personal * $100,000 household | * $15,000 household |
It doesn't quite offer the same level of rewards, but for not having any income requirements and paying a lower annual fee, it's still really good.
Our rule? If you meet Visa Infinite income requirements, go with the Visa Infinite card.
But if not, the Platinum version is an excellent substitute.
Leave a user review
These are our thoughts on the CIBC Dividend Visa Infinite, but what about you?
If you have the card or have had it in the past, leave a user review and let everyone else know what you thought of it.
FAQ
What does the CIBC Dividend Visa Infinite earn for rewards?
The CIBC Dividend Visa Infinite is a cash back credit card that earns the following on purchases:
- 4%† cash back on eligible gas, EV charging, and groceries
- 2%† cash back on eligible restaurants, transportation, and recurring bills/payments
- 1%† cash back on all other purchases
What benefits does the CIBC Dividend Visa Infinite come with?
The CIBC Dividend Visa Infinite includes 6 types of insurance and offers savings of up to 10 cents per litre at Journie Rewards gas stations.
What is the annual fee and income requirements of the CIBC Dividend Visa Infinite?
The CIBC Dividend Visa Infinite has an annual fee of $120, and income requirements of either $60,000 personal or $100,000 household.
Key benefits
† Terms and Conditions Apply. Select Apply Now to learn more.
User reviews
Reviewed by 11 Canadians
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Horrible company. Horrible customer service. Forces you to use AI and when they can't help, prepare to wait on the phone for literally over an hour with no option for a call back!! They force you to wait or just give up (as they hope you'll just give up). Its insane a company this big can act this way.
Very good card if you shop at groceries. Very high spending limit on accelerate categories. $80K on groceries is second best out of all cards in Canada. First is the Amex gold (unlimited 4% Aeroplan earning from groceries).
Pros
Very easy to use app. Clean, intuitive, free credit reports
High category limit of $80K for 4% cash back on groceries and gas.
Cons
Low initial credit limit compared to other cards.
Very strict security - had to visit bank with IDs. Also in the first 2 months were nightmare trying to spend over $1000. They constantly lock you for fraud suspicion.
STAY AWAY FROM THIS CARD. PAYMENTS FROM NON CIBC ACCOUNTS ARE HELD HOSTAGE FOR A WEEK AND YOUR CREDIT AMOUNT ISNT UPDATED DESPITE YOU HAVING MADE THE PAYMENT AND THE CARD HAVING RECEIVED THE FUNDS.
While the points are good, towards the top end, the bank and service sucks. Never thought I would care about service on a CC if I'm getting good cash back, but they are D- on service. Anything wrong, long waits, need a bump in credit limit, they won't do it, but then, a couple weeks later, they are offering it to you. One hand does not know what the other hand is doing. Emails saying an offer is on the web site, but you check, no offer. I pay 100% of my card off every month, yet because 2 times the payment was late (I know, my bad), and that I called the moment I realized the cash was not going to get to them, I still get warning messages on my statements. Inflexible bank. De-powered staff that can't do anything. Had a technical problem that needed to be solved once, and I saw into the heart of this cold unthinking of a machine bank. Took months.
Love this card! 4% on groceries and gas is fantastic, and 2% on dining, transit, and bill payments isn't too bad either. CIBC is the best.
