CIBC (Canadian Imperial Bank of Commerce)
CIBC Dividend® Visa Infinite Card
One of Canada's best fuel cashback credit cards, offering 4% cashback on gas, EV charging, and groceries, plus strong everyday rewards, mobile device insurance, and gas savings through Journie Rewards.
Highlights
Main benefits
- Mobile Device Insurance
- Emergency Travel Medical Insurance
- Rental Car Collision & Loss Damage Insurance
- Purchase Security
- Extended Warranty
- Common Carrier Accident Insurance
- 4% cashback on gas and EV charging
- 4% cashback on groceries
- 2% cashback on dining and transportation
- First-year annual fee rebate
- Redeem cashback anytime with minimum C$10 balance
- Journie Rewards fuel discounts
- Mobile device insurance
- Visa Infinite benefits
- No cap on total cashback earned
Fees
Fees and charges
Joining fee
None
Renewal fee
C$120
Annual fee waiver
Yes (First Year)
- Ongoing Annual Fee Waiver**
Available for eligible CIBC Smart Plus Account holders
Who can apply
Eligibility
- Canadian resident
- Age of majority in province/territory
- Meet minimum income requirement
- Good to excellent credit history
- C$60,000 Personal Income
OR
C$100,000 Household Income
Checklist
Documents required
- Government-issued photo ID
- Canadian residential address
- Employment details
- Income information
- SIN (optional but recommended)
Process
How to apply
1. Apply online through CIBC
2. Complete personal and income details
3. Submit application
4. Receive approval decision
5. Activate card after receiving it
Value
Reward and cashback structure
Reward rate
1% - 4% Cashback
Cashback
4% on Gas
4% on EV Charging
4% on Groceries
2% on Transportation
2% on Dining
2% on Recurring Payments
2% on Travel booked through CIBC by Expedia
1% on Other Purchases
Good fit
Pros
- Excellent fuel cashback rate
- Strong grocery rewards
- Easy cashback redemption
- Good welcome bonus
- Useful insurance coverage
- First-year fee waiver
Watchouts
Cons
- No lounge access
- Foreign transaction fee applies
- Income requirement may be restrictive
- Not ideal for international travel
- Annual fee after first year
Related
Related cards
Compare
Compare Cards
| Field | CIBC Dividend® Visa Infinite Card | SimplyCash® Preferred Card |
|---|---|---|
| Bank/provider | CIBC (Canadian Imperial Bank of Commerce) | American Express |
| Joining fee | None | Zero |
| Renewal fee | C$120 | C$119.88/year |
| Best for | Fuel, EV Charging, Groceries, Everyday Cashback | Grocery, Gas & Everyday Cashback |
| Reward rate | 1% - 4% Cashback | 4% on Groceries, 4% on gas, 2% on all other eligible purchases |
| Cashback |
| Up to 4% |
| Lounge access | No | No |
| Fuel surcharge waiver |
| No |
| Welcome benefit |
| Up to C$250 bonus value (offer may change) |
| Annual fee waiver condition |
| No |
| Eligibility |
|
|
| Apply link | Apply | Apply |