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  • $120 Annual fee
  • $30 Welcome Bonus
  • 4% Rewards Rate

CIBC Dividend Visa Infinite Card Overview

The CIBC Dividend Visa Infinite card rewards everyday purchases. You can earn 4% cashback on major expense categories, such as fuel and foodstuffs. And up to 2% on other purchases.

New cardholders will receive a rebate for the first year’s annual fee of $120. Besides this welcome offer, you will benefit from several insurance and travel perks.

Since it’s a Visa Infinite card, you’ll gain the full suite of Visa Infinite benefits. This includes:

  • Complimentary breakfast, in-room Wi-Fi, and late checkouts at over 900 Visa Infinite Luxury Hotel properties worldwide
  • Access to luxury restaurants and winery experiences
  • Complimentary tickets for select advance screenings and special movie events across Canada
  • Exclusive pre-sale access to tickets and packages for the Toronto International Film Festival
  • Complimentary Visa Concierge services to aid in travel and purchase planning

The CIBC Dividend Visa Infinite card also gives you access to a respectable insurance suite. It includes mobile device insurance and travel coverage.

There’s no limit on the cashback you can earn with this card. Your earnings can be redeemed whenever you want. You can do so through CIBC Online Banking® or CIBC Mobile Banking®.

Applying for the CIBC Dividend Visa Infinite card takes around five minutes. And you’ll get feedback in as little as 60 seconds.

Essential Information





Card Type



The CIBC Dividend Visa Infinite card comes with a valuable welcome offer and cashback rewards.

Welcome Offer

New cardholders get a first-year annual fee rebate. This offer applies to you and up to 3 authorized users.

As the primary cardholder, you will get a rebate of the first year’s $120 annual fee. Additional cardholders will get a rebate of up to $30 each for the first year.


With the CIBC Dividend® Visa Infinite card, you will earn:

  • 4% cashback on gas and groceries
  • 2% cashback on dining, bills, and transit
  • 1% cashback on all other purchases

Travel Insurance

The CIBC Dividend Visa Infinite card provides the following coverage:

  • Mobile device insurance
  • Out-of-province emergency travel medical insurance
  • $500,000 standard carrier accident insurance
  • Car rental collision/loss damage insurance

Other Perks

Besides travel insurance, the CIBC Dividend Visa Infinite card comes with various additional benefits.

  • The Visa Infinite® program gives you access to a 24-hour complimentary concierge service, hotel benefits, and unique dining experiences.
  • Tickets to exclusive sports events.
  • You’ll have access to several perks at the Princess of Wales Theatre when attending the Toronto International Film Festival.
  • 0.25% cashback for every $1 sent abroad with CIBC Global Money Transfer™.
  • Journie Rewards can get you up to 10 cents off per litre at eligible gas stations.
  • One year of extended warranty for purchases made with your card.
  • Purchase protection for 90 days on purchases made with your card.

Costs and Fees

  • Annual fee: $120 (the first year rebated)
  • Additional card fee: $30 (the first year rebated)
  • Overlimit fee: $29
  • The interest rate on purchases: 20.99%
  • Interest rate for cash advances: 22.99% (or 21.99% for Quebec residents)
  • Interest rate for balance transfers: 22.99%
  • Foreign currency conversion fee: 2.5%


Should I Get the CIBC Dividend Visa Infinite Card?

Families and long-distance commuters will find this card valuable because of the cashback rates on gas and groceries. If you spend about $250 per month on gas and groceries, the cashback you earn can offset the annual fee.

What Are the Qualification Criteria for This Card?

To be eligible for the CIBC Dividend Visa Infinite card, you must:

  • Be a Canadian resident
  • Be the age of majority in your province
  • Have no bankruptcy declaration made within the past 7 years
  • Have a credit score between 760 and 900
  • Meet the minimum annual income requirement

What’s the Income Requirement for This Card?

To qualify for the CIBC Dividend Visa Infinite card, you must have an annual income of $60,000 as an individual. Or a minimum annual income of $100,000 as a household.

What’s the Maximum Earning Potential for the Accelerated Cashback Categories?

The 4% and 2% cashback reward is only available on the first $80,000 in card purchases by all cardholders. Or until you spend $20,000 on groceries, gas, transportation, and dining. Whichever occurs first. Afterwards, the cashback rate will drop to 1%.

How Much Will I Pay Every Year in Fees?

The annual fee on the CIBC Dividend Visa Infinite card is $120. If you go beyond the credit limit, you will be charged $29. Any foreign transactions will be charged a conversion fee of 2.5%.

How Do I Redeem My Accumulated Cashback?

As the primary cardholder, you can redeem your cashback at any time during the year. You must have a minimum cashback balance of $25. To redeem your cashback, you can use CIBC Online Banking® or CIBC Mobile Banking®.

When Will I Receive My Redeemed Cashback?

You will receive a credit to your account within five days of submitting the redemption request.

Where Should I Use My Card to Earn the Most Cashback?

Each credit card issuer has specific merchant category codes for allocating rewards. Therefore, there isn’t a definitive way to know which stores will earn you the most points. You can always inquire with your card issuer and ask about a specific store.

Bear in mind that Costco and Walmart do not fall under the grocery store category for this card. They are considered ‘supercentres’. Therefore, purchases made at these stores are not eligible for cashback rewards.

CIBC Dividend Visa Infinite Card Details

Network Provider
Card Type
Balance Transfer, Rewards
Rewards Type
Annual Fee
Purchase Interest Rate
Cash Advance Rate
Balance Transfer Rate
Credit Needed
Good (660 - 724)

CIBC Dividend Visa Infinite Card Offices

Phone Number
1 (800) 465-2422
Monday to Friday, 8 am to 10 pm ET and Saturday, 9 am to 5 pm ET
199 Bay Street, Commerce Court Toronto ON M5L 1A2 Canada
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CIBC Dividend Visa Infinite Card Card Details
  • Min. Credit :
    Good (660 - 724)
  • Card Type : Balance Transfer, Rewards
  • Reward Type : Cashback
  • Providers : CIBC
  • Network Provider : Visa
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