CIBC Dividend Visa Infinite

Introduction (Overview)

The CIBC Dividend Visa Infinite Credit Card is a premium cash-back credit card designed for Canadians who want high cash-back rates on everyday spending combined with strong insurance coverage and Visa Infinite benefits. It is especially popular among households with significant grocery, gas, and recurring bill expenses.

With a generous cash-back structure and comprehensive purchase and travel protections, this card offers long-term value for users who consistently spend in its top earning categories. In this review, we break down its features, benefits, pros and cons, and who this card is best suited for.

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Key Features and Card Details

The CIBC Dividend Visa Infinite Credit Card charges an annual fee, positioning it as a premium cash-back option. This fee is often waived in the first year through promotional offers, helping new cardholders maximize value early on.
As a Visa Infinite card, it is accepted worldwide wherever Visa is accepted. This makes it a reliable payment option for both domestic and international purchases, including travel-related spending.
Cardholders can manage their accounts easily through CIBC Online Banking and the CIBC mobile app. Features include transaction tracking, cash-back balance monitoring, bill payments, alerts, and digital statements.
The card offers elevated cash-back rates on everyday categories such as groceries, gas, and transportation, with a base cash-back rate on all other purchases. Cash back is accumulated automatically and paid out annually as a statement credit.
The CIBC Dividend Visa Infinite includes strong purchase protection and extended warranty coverage, along with travel insurance benefits such as emergency medical coverage, trip cancellation, and trip interruption insurance.

Pros and Cons

Pros

High cash-back rates on everyday spending
First-year annual fee waiver often available
Comprehensive insurance and purchase protections
Visa Infinite benefits and global acceptance
Strong value for families and high spenders

Cons

Annual fee after the first year
Foreign transaction fees apply
Cash back is typically redeemed once per year
Lower value for low spenders

Who Is This Card Best For?

The CIBC Dividend Visa Infinite Credit Card is best for Canadians who spend heavily on groceries, gas, and recurring bills and want premium insurance coverage with a straightforward cash-back structure. It is especially well suited for families and professionals with consistent monthly expenses.

This card may not be ideal for individuals who prefer no-annual-fee cards or those who want flexible, on-demand cash-back redemption.

Final Verdict: Is the CIBC Dividend Visa Infinite Credit Card Worth It?

Yes — if you want a premium cash-back card with high earning potential and strong protections. The CIBC Dividend Visa Infinite Credit Card delivers excellent value for users who can maximize its top earning categories.

However, if your spending is low or irregular, a no-fee cash-back card may be a better choice.

Frequently Asked Questions (FAQ)

Does the CIBC Dividend Visa Infinite Credit Card have an annual fee?

Yes. The card has an annual fee, although many offers include a first-year fee waiver.

How is cash back redeemed?

Cash back is typically paid out once per year as a statement credit.

Is this card good for groceries and gas?

Yes. These categories usually earn the highest cash-back rates.

Does the card include travel insurance?

Yes. It includes emergency medical, trip cancellation, and trip interruption insurance.

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