CIBC Dividend Visa Infinite Card Review
Get a first-year annual fee rebate for you and up to 3 authorized users†
Recommended Credit Score:
670 900
Average to Excellent
$0
Welcome Bonus Value
$120
Annual Fee
20.99%
Purchase Interest Rate
$60,000
Min Personal Required
CIBC Dividend Visa Infinite Card
My Rate Compass Rating: star star star_half star_outline star_outline (2.5)
Bank Name:CIBC
Network Type:VISA
CIBC Dividend Visa Infinite Card
Welcome Bonus
Get a first-year annual fee rebate for you and up to 3 authorized users†
Annual Fee
$120
CIBC Dividend Visa Infinite Card
Card Details

CIBC Dividend® Visa Infinite* Card review

Get a first-year annual fee rebate for you and up to 3 authorized users†


It's simple. Get cash back just for using your card.

4% cash back

on gas and grocery store purchases

2% cash back

on Tim Hortons and TELUS purchases

1% cash back

on all other purchases

Earn maximum rewards

No limit on the total cash back you can earn

Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance Yes
  • Vehicule rental insurance Yes
  • Travel accident insurance Yes
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $120
  • Additional Card Fee: $0
  • Purchases Interest Rate: 20.99%
  • Cash Advance Interest Rate: 22.99%
Eligibility
Personal Income Required: $60000
Household Income Required: $100000
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star_half star_outline star_outline (2.5)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

Out-of-Province Emergency Travel Medical Insurance

Trip Interruption Insurance

Flight Delay and Baggage Insurance

Purchase Security and Extended Protection Insurance

$500,000 Common Carrier Accident Insurance

Auto Rental Collision and Loss Damage Insurance

Editor's Review

The CIBC Dividend® Visa Infinite* Card is the perfect card for people who want to get the best possible dividends from their purchases and gas. With this card, you'll get a whopping 4% back on grocery and gas purchases. You'll also get 1% back on everything else.

 

In order to qualify for this card, you need to have a $60k individual income or $100k as a household. You also need to be willing to invest $120 in the annual fee. However, you can quickly recoup your investment by getting the first year for free, plus an astounding 4% cashback on purchases.

 

The 4% cashback is the highest in the Canadian market. You'll never find a card that gives you more than that. What's even better is that there is no limit at how much you can make. Get free medical travel coverage, common accident insurance and loss damage insurance.

 

The CIBC Dividend® Visa Infinite* Card also offers you 24/7 concierge services, exclusive hotel deals and luxury travel benefits. With this card, you can also get personalized discounts and cheques at car rentals and enjoy superior dining experiences anywhere VISA is accepted as a payment method.