Canada · CIBC · Visa

CIBC Dividend Visa Infinite Card

C$120 annual fee · 1% on everything else · 2.5% foreign transaction fee

Earn rates · how we got this

CategoryRateCap
Groceries 4% uncapped
Gas 4% uncapped
EV charging 4% uncapped
Transit 2% uncapped
Dining 2% uncapped
Recurring 2% uncapped
Everything else 1% uncapped
Issuer travel portal
portal only — pays only if you book through the issuer's own site, so it is excluded from every ranking on this site
2% uncapped

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Signup bonus: C$200 back after C$2,000 in 4 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. 10% cash back on net purchases up to $2,000 for the first 4 statements (up to $200), plus a $50 cash back bonus for setting up one pre-authorized payment (not counted).

Non-cash perks

  • First year fee rebated on current offer
  • No annual cash-back cap
  • Fuel savings at Journie/Pioneer partners

Does the fee earn out? · how we got this

The C$120 fee minus C$0 in printed credits leaves C$120/yr to earn back through rewards — roughly C$3,000 of groceries spending at 4%. Whether that clears depends on your actual spending.

Who this card is not for

Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. One thing on this card rules out a kind of spender:

  • Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 1.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.

More from CIBC

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Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →

Verified 2026-09-15 against issuer terms · sources: www.cibc.com. Spot an error? Tell us.

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