Skip to content
Mr. Loonie
CIBC Dividend® Visa Infinite Card

CIBC Dividend® Visa Infinite Card

8.1
Very good
Expert Score · 5 reviews How we score

Best for: Big grocery and gas spenders who want high cash back and travel insurance

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
Yours:
Your own amounts, saved on this device only
Year one
$926
Every year after
$806

Ranked #34 of 176 for year one. See the list

See how we worked it out
Annual fee
$0 first year
Then $120 a year
Apply now on CIBC’s site (opens in a new tab)
Needs $60,000 personal or $100,000 household income
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from CIBC’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

Is it for me? What you’d earn Can I get it? Fees Similar cards
3 quick questions

Is it for me?

Do you spend $250 or more a month on groceries and gas?

Is your personal income $60,000 or more, or your household’s $100,000 or more?

Do you pay your card off in full most months?

Answer the 3 questions to see if it fits.

From the numbers

The good and the bad

Stands out

  • Good: 4% back on groceries and gas
  • Good: No fee in the first year Then $120 a year.

Watch for

  • Watch for: $120 a year from year two You need about $250 a month on groceries and gas to earn it back.
  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With typical spending of $2,500 a month.

  • Groceries $384
    4% back $800 a month · $384 a year
  • Restaurants $60
    2% back $250 a month · $60 a year
  • Gas $120
    4% back $250 a month · $120 a year
  • Recurring bills $60
    2% back $250 a month · $60 a year
  • Travel $36
    2% back $150 a month · $36 a year
  • Everything else $78
    1% back $650 a month · $78 a year
  • Foreign currency $18
    1% back $150 a month · $18 a year
For you Year one Later years
Cash back you earn $756 $756
Annual fee $0 −$120
Foreign currency fee2.5% on $1,800 a year −$45 −$45
Travel medical insurance1 trip at $50 $50 $50
Rental car damage cover1 rental of 3 days at $35 a day $105 $105
Phone insurance$60 a year $60 $60
Total $926 $806

Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.

What counts in each category
Groceries
4% back
Gas
4% back Including EV charging
Restaurants
2% back
Transit
2% back On payments made for recurring payments
Recurring bills
2% back
Travel
2% back Booked through CIBC by Expedia
Everything else (base rate)
1% back
  • 2% cash back on transportation
  • The 4% and 2% cash-back offers are only available on the first $80,000 in net annual card purchases, meaning all card purchases by all cardholders, at any type of merchant, or $20,000 on grocery stores, supermarkets, gas service stations and automated fuel-dispensers, commuter transportation, eating and drinking places and restaurants or on recurring payments on your account, whichever comes first
  • Get 0.25% cash back for every $1 spent on a CIBC Global Money Transfer. There are no transaction fees and you won’t be charged interest, as long as you pay your balance by the payment due date.
  • Save up to 10 cents per litre at Chevron, Ultramar and Pioneer gas stations when you link your card with Journie Rewards.

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Personal income $60,000 or more Issuer says
  • Household income $100,000 or more Issuer says
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Checked on Nov 8, 2026. Source

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What critics say

Other reviewers on this card

8.1
Very good
Expert Score How we score
  • Money.ca (opens in a new tab) Aug 2023
    8

    “The CIBC Dividend® Visa Infinite* Card is particularly well suited for families and long-distance commuters, given its high cash back rates on eligible gas and groceries and electric vehicle charging. The $120 annual fee is comparable to competing cash back cards with a similar level of benefits. We recommend the card to anyone who spends at least $250 a month on eligible gas and groceries, which will earn enough cash back over the course of a year to make up for the card’s annual fee.”

  • Yore Oyster (opens in a new tab) Jan 2023

    “The CIBC Dividend Visa Infinite Card is an award-winning credit card that offers 4% cash back on eligible everyday purchases. This credit card is best for frequent travelers who also want to earn cash back and access discounts on car rentals and gas stations. With an annual fee of $120, the CIBC Dividend Visa Infinite Card is definitely worth your money, especially if you send your money abroad with CIBC Global Money Transfer or travel frequently using Avis or Budget car rentals. This card also includes insurance benefits for your phone and extended warranty for your purchases.”

  • Forbes (opens in a new tab) Nov 2022
    9

    “With some of the highest earn rates available in Canada, the CIBC Dividend Visa Infinite will put cash back in your pockets when you spend on essentials like groceries, gas, recurring bills and much more. Journie Rewards add even more value with fuel discounts that can save hundreds of dollars every year. This card should be a staple in the wallet of anyone who spends heavily at the pump and at the supermarket.”

  • Rewards Canada (opens in a new tab) Aug 2022

    “The CIBC Dividend Visa Infinite Card is a formidable cash back credit card that should be given consideration. The valuable welcome bonus offer coupled with strong accelerated earn rates make it an excellent choice for a cash back card in your wallet.. It doesn't hurt that it even has some travel insurance coverage and Visa Infinite as additional benefits. If you can take advantage of the Journie Rewards and More Rewards benefits the card gets even better. If you want simplicity and ease of use in a cash back card that provides big returns on gas and groceries you should consider the CIBC Dividend Visa Infinite Card.”

  • Offerhub.ca (opens in a new tab) Mar 2022
    9

    “With the insurance connected to the card, the CIBC Dividend Visa Infinite Card is a great choice for those who travel frequently. The auto rental, Out-of-Province emergency medical insurance, and travel protection insurance plans will help you if you experience problems while traveling.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Car rental damage Included
  • Extended warranty Included
  • Purchase protection Included
  • Travel accident Included
  • Mobile device Included
  • Travel medical Included
  • Trip Interruption Insurance
  • Flight Delay and Baggage Insurance
  • Out-of-Province Emergency Travel Medical Insurance
  • Visa Infinite Dining Series
  • Visa Infinite Music Series
  • Visa Infnite Luxury Hotel Collection
  • Visa Sports Benefits
  • Emergency Card Replacement
  • Mobile Device Insurance
  • Mobile wallets Apple Pay, Google Pay, Samsung Pay
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read CIBC’s insurance certificate before you count on any coverage.

Not included

Not listed for this card: trip cancellation, trip interruption, flight delay and lost baggage.

Fees and interest

What it costs

Annual fee
$0 first year Then $120 a year
Purchase interest
21.99%
Cash advance interest
22.99%
Foreign currency fee
2.5%
All fees and rates

Fees

Extra cards
$50
Fee waivers
First year: $120 off (First year rebated)
Cash advance fee
$5.00
Balance transfer fee
3%, Maximum
Over-limit fee
$29
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
22.99%
Source
Issuer page

Province differences

Quebec
Balance transfer rate: 21.99%. Cash advance rate: 21.99%. Over-limit fee: none.

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With typical spending. This card: $926 year one, $806 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the CIBC Dividend® Visa Infinite Card?

$0 the first year, then $120 a year. Each extra card costs $50.

What income do I need?

CIBC asks for $60,000 in personal income.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

21.99% on purchases. Cash advances are 22.99%.

Does it include insurance?

It lists extended warranty, purchase protection, trip interruption insurance and flight delay and baggage insurance. Read the insurance certificate for the limits.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$926
year one for you
Apply now on CIBC’s site (opens in a new tab)
Compare
Compare is full