CIBC Dividend Visa Infinite

The CIBC Dividend® Visa Infinite Card is a leading cash back credit card in Canada, offering top-tier rewards on groceries, gas, and transportation, plus strong travel and purchase insurance — all bundled with Visa Infinite perks. It’s an excellent choice for Canadians who want predictable rewards on everyday expenses and reliable protection for their lifestyle.

Top Features of the CIBC Dividend Visa Infinite Card

• 4% cash back on eligible groceries and gas
• 2% cash back on transportation, including public transit, rideshares, taxis, and parking
• 2% cash back on recurring bill payments
• 1% cash back on all other eligible purchases
• Welcome offer: earn 10% cash back for the first 4 statements (up to $2,500 in purchases) plus first-year annual fee rebate (limited-time)
• Mobile device insurance up to $1,000 on new phones purchased with the card
• Comprehensive travel insurance, including out-of-province medical, trip cancellation, rental car coverage, and more
• Visa Infinite benefits, such as concierge service, luxury hotel perks, and dining experiences

Rewards and cashback

The headline rates for the CIBC Dividend Visa Infinite are:

• 4% cash back on gas, electric vehicle charging, and groceries
• 2% cash back on eligible dining, transportation, and recurring bills
• 1% cash back on all other purchases

That 4% on groceries and gas looks very attractive. However, there are important practical considerations.

Why grocery multipliers can cover gas too

If a card offers 4% at grocery stores, it is often possible to convert that into effective gas rewards by purchasing gas gift cards at the grocery store. That means a card with a strong grocery category can be used to replicate a high gas multiplier with an extra trip and a bit of hassle. The Scotia Momentum Visa Infinite is a prime example: it offers 4% at groceries and thus can be used to indirectly achieve 4% on gas via gift cards. The CIBC Dividend Visa Infinite removes that extra step by applying the 4% directly to gas purchases.

Spending cap on 4% categories

The 4% cash back on gas, groceries, and EV charging is capped at the first $20,000 in eligible annual spending. That works out to about $1,666 per month combined across those categories. For many households this is adequate to cover groceries and fuel, but heavy spenders, rideshare drivers, or those who want to funnel more spending through the 4% categories may find this limit constraining.

Insurance

The card includes basic protections such as purchase protection, extended warranty, auto rental collision/loss damage insurance, and out-of-province emergency medical coverage. In total it offers six insurance coverages. While the essentials are present, the coverage suite is slimmer than some competitors. For instance, the Scotia Momentum Visa Infinite includes a broader set of protections—around 11 coverages—adding trip cancellation, baggage, and flight delay insurance that give more peace of mind for travelers. In the $120 annual fee bracket, many cards include richer travel insurance bundles, so CIBC’s offering is serviceable but underwhelming.

Perks

The standout perk that makes this card arguably the best gas credit card in Canada is a station-level discount: 3 cents per liter at participating stations such as Chevron, on top of the 4% cash back. Station-specific cents-per-liter discounts are uncommon and cannot be replicated with gift-card hacking. For frequent drivers, salespeople who visit clients, or rideshare drivers, that extra 3 cents per liter adds up over time and differentiates this card from grocery-based strategies.

Other banks offer cents-per-liter benefits at select chains—for example, BMO with Shell and RBC with Petro-Canada—but those banks typically do not combine station discounts with a 4% gas cash-back category. The combination of a direct 4% on gas plus a cents-per-liter discount at specific stations is unique and valuable for certain users.

Score breakdown

• Rewards: 7/10 — Strong 4% categories but limited by a $20,000 annual cap and middling 2% categories elsewhere.
• Insurance: 5/10 — Basic coverages present, but fewer travel protections than competitors in the same fee range.
• Perks: 9/10 — The 3 cents per liter at participating gas stations combined with 4% cash back makes this card very competitive for drivers.

Average score: 7/10 — B tier. A solid choice for drivers who value direct gas rewards and station discounts.

Pros and cons

• Pros
  • 4% cash back on gas, groceries, and EV charging
  • Station-level savings: 3 cents per liter at participating locations like Chevron
  • Up to $300 sign-up bonus for first-year applicants
  • First-year annual fee waived
• Cons
  • $20,000 annual cap on 4% categories may be restrictive for high spenders or business drivers
  • Insurance suite is less comprehensive than comparable cards in the same fee band
  • 2% dining is not competitive with some free options that offer higher dining rates

Why Choose the CIBC Dividend Visa Infinite Card?

With strong earn rates on household essentials, this card offers excellent value for everyday Canadian spending. The ability to redeem cash back anytime, plus broad insurance and Visa Infinite benefits, makes it a dependable, well-rounded card for families and professionals who want real savings and peace of mind.

Apply for the CIBC Dividend Visa Infinite Card Today

Start earning up to 4% cash back, enjoy first-year savings, and benefit from mobile, travel, and lifestyle protection. Apply online now for the CIBC Dividend Visa Infinite Card and make every dollar work harder for you.