CIBC Dividend Visa Infinite
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.