New cardmembers can earn up to $350 in value including first-year annual fee rebate by completing the steps below.
How to earn it
10% cash back up to $200Earn 10% cash back on net purchases during the first 4 monthly statement periods, up to $2,000 in purchases
$50 cash backSet up and post at least 1 recurring bill payment within the first 4 monthly statements
$120 annual fee rebateApproved for a new card account and maintain the account in good standing when the rebate is applied
Offer available to new approved CIBC Dividend Visa Infinite cardholders. Transfers, product switches, and applicants who have opened, transferred, or cancelled a Dividend card within the previous 12 months are not eligible.
How you earn
4% cash back on eligible gas, electric vehicle charging, and grocery purchases
2% cash back on transportation, dining, recurring payments, and eligible travel booked through CIBC by Expedia
1% cash back on all other purchases
Built-in perks & coverage
Mobile Device Insurance
Provides coverage for eligible mobile devices charged to the card, including protection against theft, loss, accidental damage, and mechanical breakdown.
Purchase Security Insurance
Protects eligible purchases against theft, loss, or damage for a specified period after purchase.
Extended Protection Insurance
Extends the original manufacturer's warranty by up to one additional year on eligible purchases.
Out-of-Province Emergency Travel Medical Insurance
Provides emergency medical coverage for eligible cardholders while travelling outside their province or territory of residence.
Car Rental Collision and Loss Damage Insurance
Provides coverage for eligible rental vehicles when the full rental cost is charged to the card and coverage conditions are met.
Common Carrier Accident Insurance
Provides up to $500,000 in coverage for accidental death or dismemberment while travelling on eligible common carriers.
Visa Infinite Benefits
Access to Visa Infinite privileges including concierge service, dining experiences, hotel benefits, and exclusive offers.
Journie Rewards Fuel Savings
Save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron locations when linked with Journie Rewards.
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Avis and Budget Rental Discounts
Receive up to 30% off Avis Pay Now rates and up to 35% off Budget Pay Now rates at participating locations worldwide.
Global Money Transfer
Send money to over 120 countries with no transfer fee, no cash advance fee, and no interest when the balance is paid by the due date.
Skip+ Membership
Eligible cardholders can receive a complimentary Skip+ membership with delivery fee savings and monthly voucher benefits.
Disney Plus Statement Credit Offer
Eligible cardholders can receive statement credits on qualifying Disney+ Standard with Ads subscriptions during promotional periods.
CIBC Pace It Installment Plans
Convert eligible purchases into fixed monthly installment payments with predictable repayment terms.
The verdict
What we like
High cashback rates on gas and groceries
Comprehensive insurance coverage
No cashback earning caps
Worth noting
Annual fee after first year
High income requirement
Foreign transaction fee applies
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.
