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))
- 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 2026-07-26
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)
- 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 $25
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.
- Practical constraint: 4% categories capped at $80,000 combined annual spend
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
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 $25
Where it loses points
- 1% base rate drags blended returns for spread-out spenders
- 4% categories capped at $80,000 combined annual spend
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.
~$432/year in rewards at this spend − $120 fee = $312/year
The fee pays for itself at this spend — keeping it is defensibleAt this spending mix, the card breaks even around $380/month on the card. 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; they ignore category earn caps and any retention offer the issuer might make if you call. Perks you actually use — insurance, lounge visits — are value on top of this math, so weigh them before cancelling.
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 2026-07-26. Details change often — confirm current terms with the issuer before applying.
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