CIBC Dividend Visa Infinite
Category cardWhat the roles mean
- Groceries and gas: 4% cash back, on up to $20,000 a year of bonus-category spending
Welcome offer now
Up to $350 in value — a 10% cash-back intro bonus + a pre-authorized-payment bonus + first-year annual fee rebate.
Checked on CIBC's own page October 21, 2026. See CIBC's page
What it earns in a year
$651 back a year
After the $120 annual fee.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Groceries (Bonus rates stop after $20,000 of spending in these categories, or $50,000 in total, a year): 4% back.
- Gas / EV (Bonus rates stop after $20,000 of spending in these categories, or $50,000 in total, a year): 4% back.
- Dining & restaurants (Bonus rates stop after $20,000 of spending in these categories, or $50,000 in total, a year): 2% back.
- Bills & subscriptions (Bonus rates stop after $20,000 of spending in these categories, or $50,000 in total, a year): 2% back.
- Travel (Travel booked through CIBC by Expedia; not subject to the cap): 2% back.
- Transit (Bonus rates stop after $20,000 of spending in these categories, or $50,000 in total, a year): 2% back.
- Everything else: 1% back.
Highlighted = use this card here.
How to apply for the CIBC Dividend Visa Infinite
Check first
- Not if you opened, transferred or cancelled another Dividend card in the last 12 months: no welcome offer
- No bonus on a switch: transfers and product changes from other CIBC cards don't qualify
- Check you qualify Income: $60,000 personal or $100,000 household. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on CIBC's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on CIBC's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Groceries, gas, EV charging: every purchase, at 4%
- Dining, transit, rideshare, recurring bills: 2%, fine here
- Travel booked through CIBC by Expedia: 2%, no cap
- Everything else: use another card. This one pays 1%
- Watch the cap: 4% and 2% stop at $20,000 of bonus-category spending or $50,000 of total spending a year, whichever comes first
- Example: $800/month groceries + $250/month gas at 4% + $250/month dining + $300/month bills at 2% = $636 a year, just under the $20,000 cap
Posts about this card
Key facts
- Annual fee
- $120
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- $60,000
- Min. household income
- $100,000
- Rewards
- Cash back
Annual fee waiver
- CIBC Smart Account, Tier 3: full $120 back a year, plus up to $50 for each of 3 extra cards
- The catch: Tier 3 needs $100,000 on average across CIBC deposits and investments
- Tier 2 ($40,000–$99,999): only $50 back, primary card only
- From January 1, 2027: the rebate is no longer automatic; Tier 3 gets it only by picking it instead of 3 CIBC Smart Benefits (Tier 2: instead of 2)
- The card must be used: at least $1 of spending in the last 12 months
From cibc.com product page, checked October 17, 2026. Not an affiliate link.
More CIBC cards
CIBC Aeroplan VisaNo annual fee
CIBC Aeroplan Visa Infinite$139 fee
CIBC Aeroplan Visa Infinite Privilege$599 fee
CIBC Aventura VisaNo annual fee
CIBC Aventura Visa Infinite$139 fee
CIBC Aventura Gold Visa$139 fee
CIBC Aventura Visa Infinite Privilege$499 fee
CIBC Dividend VisaNo annual fee
CIBC Costco MastercardNo annual fee
CIBC Dividend Platinum Visa$99 fee
CIBC Adapta MastercardNo annual fee
Best paired with
Rogers Red World Elite
- This card: groceries, gas / ev, travel
- Rogers Red World Elite: dining & restaurants, bills & subscriptions, transit, drugstore / pharmacy, entertainment, everything else
- Together: $725 a year after both fees, vs $651 with this card alone
- With this card's $120 fee rebated (see Fee waiver): $845 a year
- Rogers pays 2% with an active Rogers, Fido or Shaw service, 1.5% without
If your stores take Amex: Scotiabank Gold Amex for groceries, dining & restaurants, transit, entertainment makes it $856 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- 4% on groceries, gas and EV charging
- 2% on dining, transit, rideshare and recurring bills
- Year one: 10% back on the first $2,000 ($200) + $50 for one pre-authorized payment, fee rebated
- Cash back, redeem any time from $10, never expires while the account is open
- $5 million travel medical and $1,000 phone cover
Cons
- 1% on everything else
- $120 a year from year two, $50 per extra card (see fee waiver)
- Bonus rates stop at $20,000 of bonus-category spending a year
- Travel medical covers only the first 10 days, age 64 or under
- No trip cancellation, flight delay or baggage insurance
- Not accepted at Costco (Visa)
- No welcome offer if you opened, transferred or cancelled another Dividend card in the last 12 months
Insurance included
- Travel medical: $5 million, first 10 days, age 64 or under
- Rental car damage: up to 48 days, cars up to $85,000; pays first, before your own auto policy
- Phone: $1,000 for loss, theft or damage
- Travel accident: $500,000, at least 75% of the fare on the card
- Purchases: 90 days of theft/damage cover, +1 year warranty
Maximums as CIBC lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Journie Rewards: up to 10¢/litre at Chevron, Ultramar, Pioneer and Fas Gas
- Avis and Budget: up to 30% off Avis, up to 35% off Budget (Pay Now)
- Disney+: 50% off Standard with Ads for 6 months
- Visa Infinite: concierge, Luxury Hotel Collection, dining events
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| CIBC Dividend Visa Infinite | 4% back≈ 3.9% in value | $378 | $120 | October 21, 2026 |
Other cards for gas / ev
Back a year on $3,000 of gas / ev, caps included. Points at best-case value. Before annual fees.
| Card | Earns on gas / ev | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| SimplyCash Preferred | 4% back | $120 | $120 | October 21, 2026 |
| Amex Cobalt | 2× points≈ 4.0% in value | $120 | $192 | October 21, 2026 |
| Amex Gold Rewards | 2× points≈ 4.0% in value | $120 | $250 | October 21, 2026 |
| CIBC Aventura Visa Infinite Privilege | 2× points≈ 4.0% in value | $120 | $499 | October 21, 2026 |
| CIBC Dividend Visa Infinite | 4% back≈ 3.9% in value | $118 | $120 | October 21, 2026 |
| BMO eclipse Visa Infinite | 5× points≈ 3.4% in value | $101 | $120 | October 21, 2026 |
How the offer has changed
One row per check of CIBC's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | Unchanged: 10% cash back on first $2,000 in first 4 statements (up to $200) + $50 for one recurring bill payment in first 4 statements + first-year fee rebate. "Up to $350 in value." For approvals beginning July 16, 2026Offer, footnotes and rates unchanged. Product page no longer shows the Smart Account fee-rebate line. Smart Account fee-rebate change announced: from January 1, 2027 the automatic credit-card annual fee rebate is discontinued and replaced by CIBC Smart Benefits (Tier 2 may choose the up-to-$50 rebate instead of 2 benefits; Tier 3 the up-to-$139 + $50 per AU rebate instead of 3 benefits); Smart Account Tier 1 fee $16.95 → $17.95/mo. | $120, rebated yr 1 (AUs $50, also rebated yr 1) | none stated |
| October 17, 2026 | Unchanged: 10% cash back on first $2,000 in first 4 statements (up to $200) + $50 for one recurring bill payment in first 4 statements + first-year fee rebate. "Up to $350 in value." For approvals beginning July 16, 2026AU fee $50 now in effect (since August 1, 2026). Not eligible if another Dividend card opened, transferred or cancelled in last 12 months. Smart Account Tier 3 rebates up to $139/yr | $120, rebated yr 1 (AUs $50, also rebated yr 1) | none stated |
| September 6, 2026 | Unchanged | $120, rebated yr 1 | none stated |
| July 31, 2026 | Unchanged (full audit) | $120, rebated yr 1 | — |
| June 14, 2026 | 10% cash back on first $2,000 / 4 statements ($200) + $50 for one pre-authorized payment + $120 fee rebate. "Up to $350 in value."Cash component $250 | $120, rebated yr 1 | none stated |
General information, not financial advice. Offers change; confirm on CIBC's page before you apply.