Reviewed by Jen, founder of MoneyMint · Updated September 25, 2026

CIBCCash Back Card

CIBC Dividend Visa Infinite Card

Our take: strongest for groceries and gas — about 4% back in value (est.) for $120 a year, plus a welcome bonus we value at roughly $200.

#6 Everyday spending #4 Sign-up bonus #5 Cash back #6 Groceries

Welcome bonusUp to $350 in welcome value (cash back + fee rebate)

Apply on CIBC’s site →

Goes straight to CIBC
Our review

The CIBC Dividend Visa Infinite Card earns 4% cash back on gas, EV charging, and groceries, 2% on dining, transportation, and recurring bills, and 1% on everything else, with the top rates capped at $50,000 in combined annual spend. It carries a $120 annual fee (rebated in year one) and a $60,000 personal or $100,000 household income requirement. It’s a strong tiered cash back option for CIBC customers with moderate spending, though one advertised travel-insurance benefit has an unresolved conflict in CIBC’s own documentation.

4.1out of 5

MoneyMint rating

#5 of 9 cash-back cards · How we rate

Rewards value

6/10

Insurance

8/10

Flexibility

10/10

Welcome bonus

4/10

Fee value

10/10

Perks

4/10

≈ $650

estimated first-year value after the annual fee, on a typical $2,050/month budget. See it for your spending →

At a Glance

Annual fee

$120/yrfirst year rebated; $50/yr per supplementary card (up to 3)

Foreign transaction fee

2.5%from CIBC’s official rate disclosure

Income requirement

$60K / $100Kpersonal / household

Rewards

~4%on groceries (est. value)

Purchase APR 21.99% · Cash advance APR 22.99%

Pros & Cons

Pros

4% cash back on gas, EV charging, and groceries — among the higher automatic rates in the market
2% on dining, transportation, and recurring bills
Up to $350 in welcome value, including a first-year fee rebate
Cash back never expires and has no overall earning cap
Extensive travel insurance suite and Visa Infinite Concierge

Cons

Enhanced 4%/2% rates capped at $50,000 combined annual spend (or a $20,000 grocery+gas sub-cap)
$120 annual fee after the first year
CIBC’s own documents conflict on whether Common Carrier Accident Insurance is still included
Welcome offer’s expiry date isn’t published — confirm current terms before applying
$60,000 personal / $100,000 household income requirement

Rewards & Earn Rates

Gas, EV charging, groceries4% cash backcapped at $50,000 combined annual spend or $20,000 grocery+gas sub-cap

Dining, transportation, bills2% cash backsame combined cap applies

All other purchases1% cash backno cap

Cash back accumulates with no expiry and no automatic redemption; cardholders manually redeem, $10 minimum.

CIBC’s current insurance certificate for this card, amended effective July 1, 2025, includes $500,000 Common Carrier Accident Insurance in full. An older disclosure suggesting the benefit had been dropped from CIBC Visa cards does not apply to this card. The welcome offer’s exact expiry date also isn’t published — confirm current terms before applying.

Perks & Benefits

Travel & Insurance

Emergency travel medical insurance, up to $5M CAD, first 10 days (age 64 or under)
Car rental collision/loss damage insurance, up to $85,000 MSRP
Purchase Security & Extended Warranty insurance
Mobile Device Insurance, up to $1,000 per occurrence
Visa Infinite Concierge and Luxury Hotel Collection access

Coverage & Fees

2.5% foreign transaction fee (standard)
$10 minimum cash back redemption, no expiry
$120 annual fee, first year rebated

Worth Knowing

Common Carrier Accident Insurance status is unresolved — see highlight above
Minimum credit score not published
No standalone balance transfer promotional rate found

Who It’s For

Best For

CIBC customers with moderate spending in gas, groceries, dining, and transportation
Applicants who meet the $60K/$100K income bar and can use the extensive insurance suite
Anyone who wants tiered cash back without having to select categories

Not For

High spenders who’ll exceed the $50,000 combined annual cap
Anyone relying on Common Carrier Accident Insurance until CIBC confirms its status
No-fee-card shoppers — this card carries a real annual cost after year one

Not Sure? Three Cards People Compare It With

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BMO eclipse Visa Infinite Privilege Card

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Fee $599Rating 4.4 ★Bonus $1,340

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BMO eclipse Visa Infinite Card

Pick this instead if you want a bigger welcome bonus (~$469 est.).

Fee $120Rating 3.8 ★Bonus $469

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Scotia Momentum Visa Infinite + Card

Pick this instead if you want a bigger welcome bonus (~$300 est.).

Fee $120Rating 4.1 ★Bonus $300

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Frequently Asked Questions

What is the annual fee for the CIBC Dividend Visa Infinite Card?

The CIBC Dividend Visa Infinite Card has an annual fee of $120/year, rebated to $0 for the first year.

What is the rewards rate on the CIBC Dividend Visa Infinite Card?

The CIBC Dividend Visa Infinite Card offers: 4% cash back on gas, EV charging, and groceries; 2% on transportation, dining, recurring bills, and travel booked through CIBC by Expedia; 1% on all other purchases. Cash back does not expire, and no annual earning limit is stated.

Does the CIBC Dividend Visa Infinite Card have a welcome bonus?

10% cash back bonus (up to $200) on the first 4 statement periods, on up to $2,000 in purchases, plus $50 for setting up a pre-authorized payment, plus a rebate of the $120 first-year annual fee — CIBC advertises this as "up to $350 in value" (up to $850 when bundled with a CIBC Smart Account) No expiry date was found for this offer at the time of writing. Welcome offers change frequently, so confirm current terms directly on CIBC’s official page before applying. CIBC does not publicly disclose a minimum credit score for this card; the credit score rating shown for this card is an editorial estimate based on the income requirements, not an official CIBC figure.

What credit score do I need to qualify for the CIBC Dividend Visa Infinite Card?

Generally, you’ll want a very good credit score to be considered for the CIBC Dividend Visa Infinite Card. Approval also depends on income and overall credit history, not credit score alone.

Does the CIBC Dividend Visa Infinite Card charge foreign transaction fees?

2.5%