Illustration, not the actual card design.
CIBC · Cash back
CIBC Dividend Visa Infinite
Annual fee
$120 · waived year one
Welcome offer
2-part offer
Market
Canada · CAD
Biggest part of the offer: Earn 10% cash back on net purchases in the first 4 monthly statements, up to $2,000 in purchases (includes your regular cash back).
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$250
+$250 welcome bonus
+$0 yearly credits
−$0 fee (waived)
Year 2
−$120
Costs $120 a year until your spending covers it.
Every year after
−$120
Costs $120 a year until your spending covers it.
Plus 9 benefits with no fixed dollar value, like Avis and Budget rental discount, Visa Infinite Concierge and Visa Infinite Luxury Hotel Collection. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 10, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Offer may end without notice. Not available if you have opened, transferred or cancelled another Dividend card within the last 12 months. Only newly approved accounts qualify; transfers and product changes from other CIBC credit cards are excluded. Authorized users are not eligible. The account must be open and in good standing when the cash back is awarded, and the offer cannot be combined with any other offer. The first-year fee rebate covers you and up to three authorized users added at application.
- 1Earn 10% cash back on net purchases in the first 4 monthly statements, up to $2,000 in purchases (includes your regular cash back)$200 backYear 1
- 2Set up one recurring bill payment in the first 4 monthly statements$50 backYear 1
- First-year annual fee waived$120savedYear 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Gas & Fuel | 4% back | 4¢ |
| Groceries | 4% back | 4¢ |
| Dining & Restaurants | 2% back | 2¢ |
| Transit | 2% back | 2¢ |
| Recurring Bills | 2% back | 2¢ |
| Everything else | 1% back | 1¢ |
What else you get
Perks
- Avis and Budget rental discount
Up to 30% off base rates with Avis Pay Now or up to 35% off base rates with Budget Pay Now at participating locations worldwide
- Visa Infinite Concierge
24/7 Visa Infinite Concierge for reservations, tickets and travel help, 1 888 853-4458
- Visa Infinite Luxury Hotel Collection
Perks at 900+ Visa Infinite Luxury Hotel Collection properties booked through the Visa Infinite Concierge
Insurance · 6
- Emergency Medical Insurance
Out-of-province emergency medical, up to $5,000,000 per person per trip, first 10 days, 64 or under
- Rental Car Collision Damage Insurance
Rental car theft, loss or damage, rental cars with an MSRP up to $85,000, rentals up to 48 days
- Common Carrier Travel Accident Insurance
Accidental death or dismemberment as a passenger on a plane, train, bus or ship, up to $500,000
- Mobile Device Insurance
Phone or tablet lost, stolen or accidentally damaged, up to $1,000 per occurrence per person, for up to two years after purchase
Show all 6Show fewer
- Purchase Protection
Loss, theft or damage to new items within 90 days of purchase; $60,000 maximum per cardholder across all CIBC cards
- Extended Warranty
Doubles the manufacturer's warranty, up to 1 extra year, on eligible new items bought with the card
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by CIBC. Card and program names belong to their owners.
Details last checked Oct 10, 2026.