How to Apply for your CIBC Dividend Visa Infinite Card
More than simply a credit card, the CIBC Dividend Visa Infinite Card is an effective financial instrument that gives you rewards for your regular purchases. This card offers several benefits to meet the requirements and interests of a broad spectrum of customers, including cash back incentives, premium privileges, and insurance coverage.
Benefits of CIBC Dividend Visa Infinite Card
Cash Back Rewards
With every purchase made with the CIBC Dividend Visa Infinite Card, you may earn 1% cash back. You’ll get cash back incentives that mount up rapidly whether you use your card for online purchases, eating out, petrol station transactions, or grocery shopping. You may exchange your cash back for gift cards, products, vacation, charity contributions, or statement credits.
You can enjoy a valuable 4% cash back on gas, electric vehicle charging and groceries and 2% on transportation, dining and recurring payments.
Insurance Coverage
With the extensive travel insurance coverage offered by the CIBC Dividend Visa Infinite Card, you can travel with confidence. This card covers emergency travel support services, rental vehicle collision/loss damage insurance, mobile device insurance, purchase security and extended protection, and out-of-province emergency travel medical insurance. You may travel with assurance knowing that you are guarded against unforeseen crises and delays.
Premium Perks
As a cardholder, you’ll have access to exclusive premium perks and privileges, including:
- Concierge services: Get assistance with travel bookings, restaurant reservations, event tickets, and more.
- Purchase protection: Receive coverage against theft, loss, or damage for eligible purchases made with your card.
- Extended warranty: Extend the manufacturer’s warranty on eligible items purchased with your card.
- Special discounts and offers: Take advantage of discounts, promotions, and special offers from partner merchants.
- Welcome offer: get a annual fee rebate for you and 3 additional cardholders and enjoy a 10% cash back for the first 4 statements on net purchases, this a limited offer up to $2000 spent ($200 cash back)
Prerequisites
To be eligible for the CIBC Dividend Visa Infinite Card, applicants typically need to meet certain criteria, including:
- Good to excellent credit score
- Minimum annual income requirement of $60,000 individual or $100,000 household.
- Canadian residency or citizenship
- Age of majority in their province or territory
Applicants can check the specific eligibility criteria on CIBC’s official website before applying for the card.
About the Bank (CIBC)
With origins dating back to 1867, the Canadian Imperial Bank of Commerce (CIBC) is now one of the country’s top financial institutions. Acclaimed for its dedication to innovation, excellent customer service, and proactive community participation, CIBC has established a reliable reputation in the banking sector. With a wide variety of financial services to provide, CIBC meets the requirements of both people and companies.
CIBC offers a comprehensive range of financial products, from business-centric offerings like business accounts, loans, and merchant services to personal banking solutions including checking accounts, credit cards, mortgages, and investments. In addition, CIBC provides customers with comprehensive financial assistance via its wealth management services, which include investment products, portfolio management, financial planning, estate planning, and private banking services. In addition to embracing digital transformation, CIBC prioritizes client convenience and security by offering strong digital banking platforms including online banking, a mobile banking app, digital wallets, and electronic payment options.
CIBC serves millions of clients in Canada and beyond with a wide range of financial products and an uncompromising commitment to quality. CIBC’s dedication to providing exceptional services and cutting-edge solutions is unwavering, regardless of the needs of its clients—who want full wealth management assistance, companies in need of customized financial solutions, or individuals seeking regular banking services. This dedication, along with a robust online presence and an emphasis on adapting to changing client demands, establishes CIBC as a reliable partner in helping customers reach their financial objectives and build long-term financial success.
Who is this card for?
The CIBC Dividend Visa Infinite Card is ideal for individuals who:
- Want to earn significant cash back rewards on their everyday purchases
- Value comprehensive travel insurance coverage for peace of mind while traveling
- Seek premium perks and privileges such as concierge services and Visa Hotel Luxury Collection
This card caters to a diverse range of consumer needs, making it a versatile and valuable addition to your wallet.
Step-by-Step to Apply for the Card
Applying for the CIBC Dividend Visa Infinite Card is simple and can be done online through CIBC’s official website. Here’s a step-by-step guide:
- Visit the CIBC Dividend Visa Infinite Card’s website.
- Review the card’s features, benefits, and terms and conditions.
- Press the “Apply Now” button to start your application.
- Fill out the online application form with your personal, financial, and contact information.
- Submit the application for review.
- Await approval and receive your card in the mail upon successful application.
Apply for the CIBC Dividend Visa Infinite Card today and start enjoying its exclusive benefits and rewards!
Pros and cons of the card
Pros
- Generous cash back rewards on everyday purchases
- Comprehensive travel insurance coverage
- Premium perks and privileges for cardholders
- Annual fee rebate in the first year
Cons
- Annual fee (though it may be offset by the card’s benefits for frequent users)
- Minimum income requirement for eligibility
- Good to excellent credit score required
Consider the pros and cons based on your spending habits and financial goals before deciding if the CIBC Dividend Visa Infinite Card is right for you.
How to unlock the card?
Once you receive your CIBC Dividend Visa Infinite Card, follow these steps to activate and unlock its features:
- Sign the back of your card for security.
- Activate your card online or by calling the activation number provided.
- Set up your online banking account to manage your card, view transactions, make payments, and access rewards.
Unlock the full potential of your CIBC Dividend Visa Infinite Card and start maximizing its benefits today.
Fees and Tariffs
The CIBC Dividend Visa Infinite Card may have the following fees and tariffs:
- Annual Fee: $120 — first year rebated
- Additional Cards: $30 each for up to 3 additional cards — first year rebated
- Purchase Interest Rate: 20.99%
- Cash Interest Rate (non-Quebec): 22.99%
- Cash Interest Rate (Quebec): 21.99%
For specific fee details, refer to the card’s terms and conditions or contact CIBC directly.
Customer Service
For assistance with your CIBC Dividend Visa Infinite Card or any banking inquiries, you can contact CIBC through the following channels:
- Customer service phone number: 1-866-525-8622
- Official Website
- Branch Locator
- Contact for Questions
- Book a Meeting
CIBC’s dedicated customer service team is available to help you with card-related queries, account maintenance, and financial advice.
With so many advantages and incentives available to users, the CIBC Dividend Visa Infinite Card is a great option for anybody looking for cash back returns, travel insurance, premium privileges, and no foreign transaction fees. By applying for the CIBC Dividend Visa Infinite Card right now, you can improve your financial experience and get rewards for your purchases with a card that meets your exigencies.