BMO CashBack World Elite Mastercard vs CIBC Dividend Visa Infinite
Two cards, one Standard Score rubric. The CIBC Dividend Visa Infinite scores higher overall at 7.5/10 — but the right pick depends on which components match your spending.
The verdict
StrongThe top grocery cash-back matchup, at an identical $120 fee. BMO's CashBack World Elite leads on groceries at 5% and recurring bills at 4%, but the 5% rate is capped at $12,000 of grocery spend a year; the CIBC Dividend counters with 4% on both groceries and gas — the wider net for anyone whose fuel bill rivals their grocery bill. Grocery-dominant households take the BMO for the higher rate; drivers who want gas covered too take the Dividend.
See offer · current CIBC Dividend Visa Infinite offer, direct from the issuer
| BMO CashBack World Elite Mastercard | CIBC Dividend Visa Infinite | |
|---|---|---|
| Standard Score | 7.4/10 · Strong | 7.5/10 · Strong |
| Annual fee | $120 (Waived first year (current offer)) | $120 |
| Welcome bonus | 10% cash back on groceries and gas for the first 3 months (up to $3,000 spend), plus first year free | First-year annual fee rebate plus bonus cash back (offers vary) |
| Est. bonus value | ≈ $300 | ≈ $320 |
| First-year net value | ≈ $560 | ≈ $560 |
| Earn rates |
|
|
| Points currency | Cash back | Cash back |
| No FX fees | No | No |
| Lounge access | No | No |
Where the BMO CashBack World Elite Mastercard wins
- Ongoing value — scores 8.0/10 on this component
- Strategic fit — scores 7.5/10 on this component
Where the CIBC Dividend Visa Infinite wins
- Flexibility — scores 8.0/10 on this component
- Low friction — scores 9.0/10 on this component
Read the full reviews: BMO CashBack World Elite Mastercard and CIBC Dividend Visa Infinite, or see how both rank in Best Credit Cards in Canada.