If you’re on the hunt for a credit card that effortlessly combines cash-back rewards with practical benefits, the CIBC Dividend Visa Infinite Card could be your perfect match. Designed for savvy spenders who want more from their purchases, this card offers a robust cash-back program while providing perks that simplify and elevate your everyday life.
The welcome offer is a standout feature, with 10% cash back for the first four statements on up to $2,000 in net purchases. Combine that with unlimited rewards in your chosen categories, and you’ve got a card that ensures every swipe counts. From groceries and gas to dining and recurring payments, the CIBC Dividend Visa Infinite Card makes saving effortless while giving you access to additional benefits like travel insurance and exclusive Visa Infinite perks.
Advantages of the CIBC Dividend Visa Infinite Card
- Generous Cash-Back Rates: Earn 4% cash back on eligible gas, groceries, and electric vehicle charging—perfect for covering everyday essentials.
- Diverse 2% Categories: Get 2% back on dining, recurring bill payments, and transportation, making it ideal for lifestyle expenses.
- Unlimited Rewards: Unlike some cards, there’s no limit to the cash back you can earn, allowing you to maximize savings.
- Flexible Redemption: Redeem your rewards anytime through CIBC Online Banking or the CIBC Mobile Banking app, ensuring you have control over your cash-back balance.
- Fuel Discounts: Save up to 10 cents per litre at participating gas stations by linking your card to Journie Rewards.
- Comprehensive Insurance: Enjoy coverage that includes mobile device protection, emergency travel medical insurance, auto rental collision protection, and purchase security.
- Visa Infinite Perks: Unlock exclusive benefits like 24/7 concierge services, luxury hotel upgrades, and unique dining experiences through the Visa Infinite program.
- Skip+ Free Trial: Link your card to your Skip account and enjoy a 12-month Skip+ membership with exclusive discounts and perks for food delivery.
- Car Rental Savings: Get up to 35% off base rates with Budget and Avis when you pay with your card at participating locations worldwide.
Disadvantages of the CIBC Dividend Visa Infinite Card
- Annual Fee: The $120 annual fee might not appeal to those looking for a no-cost credit card.
- Income Requirement: Applicants must have a minimum individual income of $60,000 or a household income of $100,000, limiting accessibility.
- Limited 4% Categories: The highest cash-back rate is only available for gas, groceries, and EV charging, leaving other spending categories at lower rates.
- Foreign Transaction Fees: A 2.5% fee applies to purchases made in foreign currencies, which could be a drawback for frequent travelers.
- Interest Rates: The purchase interest rate of 20.99% and cash advance rate of 22.99% mean carrying a balance can be costly.
- Additional Fees for Authorized Users: While the first year is free, adding up to three authorized users costs $30 per card annually starting in the second year.
Extra Features Offered by CIBC Dividend Visa Infinite Card
The CIBC Dividend Visa Infinite Card is issued by the Canadian Imperial Bank of Commerce (CIBC), a trusted name in the financial industry. Known for its customer-focused approach, CIBC has designed this card for individuals and families who prioritize cash-back rewards while appreciating a touch of luxury in their daily lives.
With its robust insurance coverage, unlimited cash-back earning potential, and exclusive Visa Infinite benefits, the card caters to middle and high-income earners who want their spending to work harder for them. Whether you’re managing household expenses, dining out, or booking travel, the CIBC Dividend Visa Infinite Card ensures you’re rewarded at every turn.
Learn How to Apply for Your Credit Card
Applying for the CIBC Dividend Visa Infinite Card is a straightforward process designed with your convenience in mind. Whether you’re interested in maximizing your cash back or exploring the card’s premium perks, getting started is simple and efficient.
By ensuring you meet the eligibility requirements and gathering the necessary information, you’ll be well-prepared to complete your application. CIBC’s secure system guides you through each step, making the process seamless and stress-free. Begin your journey today and unlock a world of savings and benefits.
Discover the Main Ways to Apply for the Card
Getting your hands on the CIBC Dividend Visa Infinite Card is easier than you think. With multiple application options, you can choose the one that best suits your lifestyle. From online convenience to personalized in-branch support, CIBC ensures the process fits seamlessly into your schedule. Ready to take the first step? Explore your options and discover how simple it is to elevate your financial game.
Prerequisites for Request
To apply for the CIBC Dividend Visa Infinite Card, applicants must meet specific eligibility criteria. The card requires a minimum individual income of $60,000 or a household income of $100,000, reflecting its premium status. Additionally, you must have a strong credit history, demonstrating responsible financial behavior and an ability to manage credit effectively.
Applicants should also be Canadian residents and meet the age of majority in their province or territory. When applying, you’ll need to provide personal details, such as your address, employment information, and financial history, to complete the process. By meeting these prerequisites, you position yourself for a smooth application experience and access to the card’s impressive benefits.
From the Site
Applying online for the CIBC Dividend Visa Infinite Card is a simple and secure process. Visit the CIBC website, navigate to the card’s dedicated page, and click “Apply Now.” From there, you’ll be guided through a step-by-step form that collects your personal and financial information.
The online application offers real-time processing, meaning you could receive a decision in as little as 60 seconds. With detailed instructions and a user-friendly interface, applying from the site is an excellent option for those who value speed and convenience.
From the Site App
The CIBC Mobile Banking app offers another convenient way to apply for the CIBC Dividend Visa Infinite Card. Available for iOS and Android devices, the app allows you to complete your application anytime, anywhere. Once logged in, navigate to the credit card section and select the CIBC Dividend Visa Infinite Card. The app walks you through the application process, ensuring all your details are captured accurately.
By Agency
For those who prefer a personal touch, visiting a CIBC branch to apply for the CIBC Dividend Visa Infinite Card is an excellent option. Speak directly with a representative who can guide you through the application process and answer any questions about the card’s features or eligibility requirements. This method is ideal for applicants who value face-to-face interactions and personalized advice.
