Credit cards · Card review
CIBC Dividend Visa Infinite review
The uncapped 4% card: gas, EV charging and groceries with no stated limit on total cash back — fine print its competitors can’t match and most comparison sites haven’t noticed. Drivers’ best friend; bill-heavy households look next door.
Best for: Driving households — and big grocery spenders who’d blow through rivals’ caps
Pros
- 4% on gas, EV charging AND groceries — “no limit on the total cash back” per the page
- EV charging named explicitly — future-proofed as pumps give way to plugs
- 2% on dining, transportation and recurring payments
- First-year fee rebate + up-to-$350 ongoing welcome
Cons
- Travel medical: 10 days at 64 or under, nothing at 65+
- Recurring bills at 2% trail Momentum’s 4%
- Additional-card fee rises from $30 to $50 on August 1, 2026
The cap story nobody else is telling
CIBC’s page now states “no limit on the total cash back you can earn” — the old $20,000/$80,000 cap language is gone from the page entirely, while most aggregators still print those caps. For ordinary budgets this is cosmetic; for big households ($1,600+/month of groceries, two commuting cars) it’s decisive, because every rival’s 4% eventually hits a ceiling and Dividend’s doesn’t.
Our grocery table shows the effect at the $1,600/month tier: Dividend holds $768/yr while capped rivals flatten. If you spend at levels where this is the deciding fact, confirm it in the cardholder agreement at application — and enjoy being that household.
The driver’s card, explicitly
Dividend’s 4% names EV charging alongside gas — issuer-stated, not inferred — which matters more every year as fuel spend migrates to plugs whose merchant coding varies by network. It tops our gas & EV rankings, with the honest caveat that fuel rewards are worth $60–120/yr for most drivers: the gas rate should ride along with great grocery math, and here it does.
The trade against Momentum is bills: Dividend pays 2% where Momentum pays 4%. The head-to-head reduces it to one question — does your household spend more on bills or on the road?
The fine print worth knowing
Travel medical is 10 days at 64-or-under and nothing at 65+ — thinner than Momentum’s 15 days, and another entry in the age-cliff table on the retiree page. Mobile device insurance is included but the page doesn’t state the amount. And a dated change: additional cards rise from $30 to $50 on August 1, 2026 — add authorized users before then if it matters.
Frequently asked questions
What does the CIBC Dividend Visa Infinite cost?
Annual fee: $120 — First year rebated; additional cards $30 → $50 effective Aug 1, 2026. Purchase rate 21.99%; cash advances 22.99% (21.99% Quebec). Foreign transactions: Not published on the card page — confirm in the cardholder agreement (typically 2.5%). All figures verified at CIBC’s own pages on June 12, 2026 — compare the field on our main card table.
What are the CIBC Dividend Visa Infinite’s earn rates — with the caps?
4% gas, EV charging and groceries. 2% transportation, dining, recurring payments. 1% else — the page now states “no limit on the total cash back” (the old caps no longer appear; aggregators still print them). Caps are where card marketing goes to die — our worked household math prices every major card through its caps.
Does the CIBC Dividend Visa Infinite include travel medical insurance?
First 10 days if 64 or under · 65+: not covered. Card medical attaches to holding the card in good standing (the trip doesn’t need to be charged to it), but trip cancellation/interruption benefits do require paying with the card. The full certificate-verified age-cliff table is on our retiree cards page.
Who can get the CIBC Dividend Visa Infinite?
$60,000 personal / $100,000 household. Current welcome offer: Up to $350: 10% back on first $2,000 (4 statements) + $50 for a pre-authorized payment + $120 fee rebate — no end date stated. Offers change without notice — confirm on the issuer’s page before applying.
The bottom line
If the car is a big line in your budget — or your grocery bill embarrasses the caps — Dividend is the sharpest 4% in Canada, made sharper by fine print its rivals can’t print. Bill-heavy households flip to Momentum; everyone can check the full worked math first.
Educational review, not credit advice or an offer of credit. Facts verified at CIBC’s own pages (insurance from certificates where stated) on June 12, 2026; offers, rates and terms change without notice — confirm on the issuer’s page before applying. Quebec residents may see different offers and rates.