CIBC Dividend Visa Infinite
Visa cash back card with a $120 annual fee, waived in the first year. Earns 4% on gas, EV charging and groceries, on the first $80,000 a year in all, 2% on transportation, dining and recurring payments, on the first $80,000 a year in all, 2% on travel through CIBC by Expedia, on the first $80,000 a year in all.
Terms read from CIBC's page on October 16, 2026. Rates and terms are set by the issuer and may change. We don't estimate approval odds.
Fees and rates
- Annual fee
- $120, waived in year 1
- Additional card
- $50
- Foreign transaction fee
- 2.5%
- Purchase APR
- 21.99%
Rewards
- 4% on gas, EV charging and groceries, on the first $80,000 a year in all
- 2% on transportation, dining and recurring payments, on the first $80,000 a year in all
- 2% on travel through CIBC by Expedia, on the first $80,000 a year in all
- 1% on everything else
Earns cash back.
Worked examples
Value on each spending preset, points redeemed as cash, typical use of credits.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student | $475 | $155 | $784 | Month 1 |
| Family | $1,087 | $767 | $2,620 | Month 1 |
| Frequent traveller | $1,030 | $710 | $2,451 | Month 1 |
Frequently asked questions
Is the CIBC Dividend Visa Infinite worth it?
On a family's spending ($3,350 a month, points as cash), it's worth $1,087 in year 1 and $767 a year after that, after a $120 annual fee, waived in the first year. It pays for its fee by month 1.
What is the CIBC Dividend Visa Infinite welcome bonus?
10% back on up to $2,000 in purchases in the first 4 statements.
Does the CIBC Dividend Visa Infinite charge foreign transaction fees?
Yes, 2.5% of each purchase in a foreign currency.
What isn't counted in its value?
The first-year fee is rebated. The welcome offer is 10% back on up to $2,000 in the first 4 statements; it's counted once you reach $2,000. A further $50 bonus has conditions and isn't counted. CIBC's site doesn't state every term; the ones it doesn't are from third-party sites, cited in the sources. The 4% and 2% rates stop after $80,000 of purchases a year; here the cap counts only spending in those categories, so it's slightly generous for very high spenders.
Sources
Estimates for information only; not tax, legal or financial advice. See our methodology.