CIBC Dividend Visa Infinite

CIBC Dividend Visa Infinite
Visa card that earns up to 2% cash back with an annual fee and premium insurance benefits

Earn up to 2% cash back annually on purchases made using your CIBC Dividend Visa Infinite Card for an annual fee. Along with Cash Back you will also receive premium benefits including Travel Medical Insurance, Car Rental Insurance, Extended Warranty and Purchase Security Insurance and optional Balance Protection for a fee.

Cash back is earned on a tier system as follows:

Tier one - 0.5% rebate on your first $3,000 in annual net purchases
Tier two - 1% rebate on your next $12,000 in annual net purchases (Between $3,000 and $15,000)
Tier three - 1.5% rebate on your next $20,000 in annual net purchases (Between $15,000 and $35,000)
Tier four - 2% rebate on your next $15,000 in annual net purchases (Between $35,000 and $50,000)

Note: Your year-to-date net purchase amounts must be greater than the dollar range for a tier before you can start earning Dividend Dollars at the next tier rate.

Overview
Issuer 
Type 
Version 
Features 
Credit 
Minimum Income 
$60,000 / year
$60,000 personal income or $100000 household incom
Maximum Credit Limit 
$50,000
Rates & Fees
Annual Fee 
$79
Supplemental Cards 
$30 / year
Interest 
19.99%
Cash Advance 
21.50%
Balance Transfer 
21.50%
Grace 
21 days
Minimum Payment 
$10 or 2.1% (whichever is greater)
Rewards
Earn up to 2% cash back (maximum of $735 annually)
Travel / Vacation 
No
Cash Back 
Yes
Merchandise 
No
Groceries 
No
Vehicle Rebates 
No
Charitable Donations 
No
Health Care 
No
Financial Products 
No
Benefits
Car Rental 
No
Purchase Protection 
Yes
Travel Medical Insurance 
No
Travel Accident Insurance 
No
Trip Cancellation Insurance 
Yes for additional fee
Flight Delay Insurance 
No
Baggage Insurance 
No
Road Insurance 
No
Balance Protection 
Yes for additional fee