CIBC Dividend Visa Infinite
The best widely-accepted cash-back card for grocery-and-gas-heavy households. Visa acceptance is its trump card over the Amex SimplyCash Preferred.
- Annual fee
- $120 (Rebated first year (current offer). Additional cards are $50 each for up to three, also rebated in the first year. CIBC raised that fee from $30 on August 1, 2026.)
- Welcome bonus value (full offer)
- ≈ $350 Up to $350 in value: a 10% cash back bonus worth up to $200 over the first 4 statements (on net purchases up to $2,000), a $50 bonus for setting up a pre-authorized payment in the first 4 statements, and a $120 first-year annual fee rebate
- First-year net value
- ≈ $590
- Interest rates
- 21.99% purchases · 22.99% cash advances
Direct issuer link · details verified Oct 4, 2026
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Data caveat: CIBC headlines this offer as “up to $350 in value” while itemizing components that add to $370 ($200 + $50 + the $120 fee rebate). We publish CIBC's own $350 headline rather than our arithmetic. Note the offer does rotate through the year; this is the version live on cibc.com as of 2026-07-26.
Standard Score breakdown
StrongSix weighted components, each rated 0–10. “Contributes” is the rating × weight: add all six and you get a raw 7.30/10, published as 7.3/10.
Evidence behind each input
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value6.5/10
The published first-year net value maps directly to the executable anchor ladder.
- $590 first-year net value maps to a 6.5/10 baseline.
- Published first-year input: 6.5/10, matching the baseline.
Ongoing value7.5/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- $120 annual fee.
- Fee condition: Rebated first year (current offer). Additional cards are $50 each for up to three, also rebated in the first year. CIBC raised that fee from $30 on August 1, 2026.
- Published earn: 4%: Groceries and gas/EV charging; 2%: Transportation, dining, recurring payments, and CIBC by Expedia travel; 1%: Everything else.
- No cap is stated in the structured earn rows.
Flexibility8.0/10
This input judges how easily Cash back can become useful value without forcing one narrow redemption path.
- Reward currency: Cash back.
- Flexibility evidence: Redeem cash back any time from $10
Perk usability7.0/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- No airport lounge access.
- 4 published insurance benefits: Travel medical (10 days); Flight delay; Rental car coverage.
Low friction9.0/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- Visa acceptance; 2.5% foreign-transaction fee.
- Eligibility: $60,000 personal-income minimum; $100,000 household-income alternative.
Strategic fit7.0/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: cash-back.
- Fit case: Households with heavy grocery and gas bills who want top cash rates on a Visa accepted everywhere.
- Main conflict: Your spending is spread across categories; a 2% flat card beats the blended rate.
See how the Standard Score works or re-weight it to your priorities.
Earn rates
| Category | Rate |
|---|---|
| Groceries and gas/EV charging | 4% |
| Transportation, dining, recurring payments, and CIBC by Expedia travel | 2% |
| Everything else | 1% |
Included insurance
Travel medical (10 days) · Flight delay · Rental car coverage · Mobile device insurance
02 / The case
What it does well, and what it costs you
Both sides of the ledger. A card that suits one wallet can be the wrong call in another, so the drawbacks are named as plainly as the benefits.
Why it earns its score
- 4% on groceries and gas with full Visa acceptance
- Frequent first-year fee rebate offers
- Redeem cash back any time from $10
Where it loses points
- 1% base rate drags blended returns for spread-out spenders
- The 4% and 2% categories end at the earlier of $20,000 of qualifying-category spend or $50,000 of total annual card spend, then earn 1%
Who it’s for
Households with heavy grocery and gas bills who want top cash rates on a Visa accepted everywhere.
Who should skip it
Your spending is spread across categories; a 2% flat card beats the blended rate.
The bottom line
Standard Score 7.3/10 · Strong. We estimate ≈ $590 in first-year net value after the $120 fee.
Direct issuer link · no commission shapes this review
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Renewal math
Should you keep this card?
The welcome offer only lands once, and the waived first-year fee bills for real at renewal, so the keep-or-cancel question is whether the $120 fee still pays for itself on earn alone. Enter your monthly spend to see the recurring math.
Count credits, certificates, bags or lounge visits only at what they replaced for you, not brochure value.
~$432/year in rewards at this spend − $120 fee + $0 personally used recurring benefits = $312/year ongoing
Recurring rewards and benefits clear the fee; keeping it is defensibleAt this spending mix, the card breaks even around $380/month on the card after your recurring benefit value. Below that, the fee stops earning its keep.
Estimates price your spend at the card’s published earn rates and our Points Standard Index valuations; structured category caps are applied. Benefits and retention offers enter the math only through your inputs above. Eligibility, downgrade paths, credit-score effects, tax consequences, and benefit-certificate restrictions are not assessed; confirm options with the issuer before changing the account.
Welcome-offer history
We’ve tracked this card’s welcome offer since Jul 11, 2026 and log every change, so you can judge whether today’s offer is genuinely strong or just loudly advertised.
| Offer | Est. value | Recorded | Status |
|---|---|---|---|
| Up to $350 in value: a 10% cash back bonus worth up to $200 over the first 4 statements (on net purchases up to $2,000), a $50 bonus for setting up a pre-authorized payment in the first 4 statements, and a $120 first-year annual fee rebate | ≈ $350 | Jul 26, 2026 | Current |
| First-year annual fee rebate plus bonus cash back (offers vary) | ≈ $320 | Jul 11, 2026 – Jul 26, 2026 | Replaced |
Source: issuer card page · Last reviewed Oct 4, 2026. Details change often: confirm current terms with the issuer before applying.
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