Best CIBC Credit Cards in Canada 2026

CIBC’s credit card portfolio covers every major category, from no-annual-fee cashback to ultra-premium Aeroplan cards with unlimited lounge access. This guide ranks the best CIBC credit cards to help you decide whether to maximize Aeroplan points, earn top-tier grocery cashback, or keep things simple with a no-fee card. For other banks’ cards, see the issuer roundups on our credit card reviews hub, including the best TD credit cards and best RBC credit cards.

For how CIBC’s lineup compares to other Big 5 banks, see best credit cards in Canada and best Aeroplan credit cards.

Best CIBC Credit Cards by Category

Best Overall: CIBC Aeroplan Visa Infinite

Annual fee: $139 | Network: Visa Infinite | Earn rate: 1.5× Aeroplan on groceries, gas, Air Canada; 1× elsewhere

The CIBC Aeroplan Visa Infinite is CIBC’s best mid-tier travel card and the flagship of the lineup. It earns Aeroplan points, Canada’s most popular airline loyalty currency, at accelerated rates on the spending categories that matter most: groceries and gas.

Key features:

• 1.5 Aeroplan points per $1 on eligible grocery, gas, and Air Canada purchases
• Comprehensive travel insurance (emergency medical up to $5,000,000 per insured person per trip, trip cancellation/interruption, car rental collision/loss damage up to $85,000 MSRP)
• Free first checked bag for cardholder and up to 8 companions on Air Canada flights
• Supplementary card fee: $50 (lower than TD’s $75)
• Note: an annual Maple Leaf Lounge day pass and priority check-in/boarding are not included on this base card – those are reserved for the pricier Aeroplan Visa Infinite Privilege tier below

The $139 annual fee is offset by the insurance value for travellers and, in the first year, by any welcome bonus (check the current offer at cibc.com).

Best for: CIBC customers who fly Air Canada and want Aeroplan earn from their everyday spending.

Best for Cashback: CIBC Dividend Visa Infinite

Annual fee: $120 | Network: Visa Infinite | Earn rate: 4% on gas/EV charging/groceries (COMBINED category, not separate tiers); 2% transportation/dining/recurring payments; 1% elsewhere

The CIBC Dividend Visa Infinite is one of the strongest grocery-and-gas-cashback cards in Canada, with gas and groceries earning the same 4% rate as a single combined category (roughly $20,000/year combined cap).

Cashback example (annual):

• Groceries + gas $1,500/month combined ($18,000/year, under the ~$20,000/year combined cap) × 4% = $720
• Transit/dining $300/month × 2% = $72
• Other $1,000/month × 1% = $120
• Total: $912/year vs. $120 annual fee

Cashback is credited annually each January and applied directly to your account. No redemption portals, no minimum thresholds.

Key features:

• Emergency medical ($5,000,000/insured person), car rental CDW ($85,000 MSRP), and common carrier accident ($500,000) insurance – note this card does not include trip cancellation/interruption, flight delay, baggage, or hotel burglary insurance
• Mobile device insurance up to $1,000 per occurrence
• Visa Infinite benefits (concierge service)

Best for: Households with combined heavy grocery and gas spending who prefer cashback certainty over points strategy.

Best for Costco: CIBC Costco Mastercard

Annual fee: $0 | Network: Mastercard | Earn rate: 3% dining; 3% Costco Gas / 2% non-Costco gas; 2% Costco.ca; 1% elsewhere including in-warehouse Costco purchases (no bonus category for in-person Costco shopping)

The CIBC Costco Mastercard is the only CIBC credit card accepted at Costco Canada: Costco exclusively accepts Mastercard, and CIBC is the exclusive card issuer for Costco Canada. There is no annual credit card fee (your Costco membership is required separately).

Earn rates:

• 2% on Costco.ca (online) purchases – in-warehouse Costco purchases earn only the 1% base rate, with no bonus category
• 3% on Costco Gas / 2% on non-Costco gas stations
• 3% on restaurant purchases
• 1% everywhere else, including in-warehouse Costco shopping

Cash rewards are issued as a Costco gift certificate (not a statement credit) that arrives with your January statement, covering cash back earned the prior calendar year.

Best for: Costco members who spend $200+/month at Costco and want to maximize rewards on warehouse purchases.

Best Flexible Travel: CIBC Aventura Visa Infinite

Annual fee: $139 ($0 first year) | Network: Visa Infinite | Earn rate: 2× Aventura on travel booked through the CIBC Rewards Centre; 1.5× on gas/EV charging/groceries/drug stores; 1× elsewhere

The CIBC Aventura Visa Infinite earns Aventura points, which can be redeemed for any flight on any airline through the CIBC Rewards Centre (not limited to Air Canada), as well as hotel stays, car rentals, and merchandise. This any-airline flexibility appeals to travellers who do not fly Air Canada exclusively.

Aventura points are valued at approximately 1–1.2 cents each for flight redemptions: similar to Aeroplan for short-haul economy but without the premium cabin sweetspot that Aeroplan offers for transatlantic business class.

Best for: CIBC customers who fly multiple airlines and want flexibility over Aeroplan commitment.

Best No-Annual-Fee Card: CIBC Dividend Visa

Annual fee: $0 | Network: Visa | Earn rate: 0.5–2% cashback depending on category (entry-level version)

The CIBC Dividend Visa earns cashback with no annual fee. Earn rates are lower than the Visa Infinite version (typically 1–2% on groceries), but there are no income requirements and no annual cost. It serves as a good first cashback card or secondary card for Visa-accepting merchants.

Best for: Those who don’t meet the $60,000 income threshold for Visa Infinite cards, or those who want a no-fee backup Visa card.

Best Premium: CIBC Aeroplan Visa Infinite Privilege

Annual fee: $599 | Network: Visa Infinite Privilege | Earn rate: 2× Aeroplan on Air Canada; 1.5× on groceries, gas, dining; 1.25× elsewhere

CIBC’s top-tier Aeroplan card adds significant Air Canada benefits:

• Unlimited Air Canada Maple Leaf Lounge access
• 6 complimentary international lounge visits/year via the Visa Airport Companion Program (Dragon Pass, not Priority Pass)
• Priority check-in, boarding, baggage handling
• First checked bag free for cardholder and companions
• Emergency travel medical up to $5 million
• Aeroplan Elite Status Qualifying Miles boost

Best for: High-volume travellers who fly Air Canada regularly and spend $60,000+ per year on the card: the lounge access alone (valued at $600+/year for frequent flyers) justifies the premium fee.

All CIBC Credit Cards: Quick Comparison

CIBC vs Other Big 5 Banks

CIBC vs TD on Aeroplan: The CIBC and TD Aeroplan Visa Infinite cards earn identically (1.5× groceries, gas, Air Canada; 1× elsewhere) at the same $139 annual fee. CIBC wins on supplementary card fees ($50 vs TD’s $75). The decision usually comes down to your banking relationship and which card has the stronger welcome bonus at the time of application.

CIBC vs RBC on travel: The RBC Avion Visa Infinite at $120 is $19 cheaper than CIBC’s Aeroplan card and earns flexible Avion points transferable to four programs. CIBC earns more on groceries (1.5× vs 1×) and includes Air Canada-specific perks.

CIBC vs Scotiabank on cashback: The Scotiabank Momentum Visa Infinite earns 4% on groceries and recurring bills, plus 2% on gas and transit (vs CIBC’s 4% groceries). The cards are very comparable: choose based on banking relationship.

How to Choose the Right CIBC Card

1. Fly Air Canada regularly? → CIBC Aeroplan Visa Infinite
2. Prefer cashback over points? → CIBC Dividend Visa Infinite
3. Costco member? → CIBC Costco Mastercard (mandatory if Costco is a major spend)
4. Want any-airline flexibility? → CIBC Aventura Visa Infinite
5. No annual fee? → CIBC Dividend Visa
6. Maximum Air Canada benefits? → CIBC Aeroplan Visa Infinite Privilege

See also: CIBC Aeroplan Visa Infinite review · best cashback credit cards in Canada · best Aeroplan credit cards in Canada