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Top 10 Best Apps for Newcomers to Canada – Get $80 Free Bonus*

Best Apps for Newcomers to Canada: With the development in technology and AI, we know it has been easy for everyone to operate anything through the Phone or any device. And it is quite helpful for all of us if we know the list of apps that is going to make our life easier than before.

Top 10 Best Apps for newcomers in Canada

Every year thousands of immigrants are moving to Canada for better life or better opportunities. Once they land in Canada there are many hurdles they have to face. I am also an Immigrant who landed in Canada in 2017 as a student. On very first day I was not aware about these apps but today I am going to make you aware of best apps for newcomers to Canada for your ease, smooth landing & settlement experience and to earn free bonus of $80 in Canada.

As you know, it is not easy to start a life in a new country, it needs proper plan and a mind map about how you are going to spend your life. Therefore, we have mentioned The Best Apps for newcomers in Canada.

These apps save you from your daily life hurdles and decrease your overload somehow. Moreover, they save your time and money as well.

Top 10 Best Apps for Newcomers to Canada

#1 Rakuten

Rakuten is one of the life saver apps for newcomers to Canada. As the weather changes frequently and you might not be sure how many sweaters you are going to need or which kind of clothing you need.
As a newcomer to Canada, you will get to know that money is the sole factor when it comes about buying anything.
And you can’t spend high amount of money without any knowledge. Therefore, Rakuten is an app that provides you lot of features in a single app and it’s very easy for you to blow a significant amount of money in a limited time.
Rakuten offers coupons, savings and cash back rewards as well.
You can shop from any of your favourite store and get 30% Cashback. It provides weekly gift cards as well with cyber week hot deals and coupons.
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#2 Wealth Simple Apps

Wealth simple is well known for its friendly and navigable website and it allows you to trade and invest as well. If you are newcomer to Canada then Wealth simple apps are the best apps for newcomers in Canada very helpful for you because it doesn’t charge any commission fees for buying or selling tocks and ETFs.

i) Wealthsimple Cash

Wealthsimple Cash App is Canada’s first P2P payment app, which recently released a physical card with no annual fees. Thus, the Wealthsimple Cash card is one of the best prepaid credit cards in Canada.
You can send money to your peer directly through the app also You can claim Wealthsimple Prepaid VISA card for free which is accepted everywhere.
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ii) Wealthsimple Trade

There are no minimum amount criteria fixed to create a Wealth simple Trade account. They are offering $50 cash bonus to new account holders if you deposit $150 and trade it.
Through this Trade: can trade stocks and ETFs with $0 commission.
You should install this app and it’s a win win moment for you because it offers you free Canadian trades and comes with no fee structure which makes it easy for the newcomers to trade with less capital as a first experience.
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iii) Wealthsimple Invest

You will get your personalized portfolio in just 5 minutes which is designed to meet your financial goals.
You can have a diversified portfolio through investing in social initiatives across the world.
You will love these apps as it has made the investing easier and the roundup feature is quite satisfying. You will discover various ways to increase your investments through wealth Simple apps.

#3 Google Maps:

Google map is one of the most essential apps for newcomers to Canada as you are in an unknown place or any place you aren’t familiar with. As Google Maps acts as search engine to find what the users are searching for and also as a map to direct users to that location.
It provides you the detailed map and shows you the traffic as well and the route for your destination through any medium.
For example, if you are trying to find a particular restaurant or any restaurant, you just need to push on restaurant button on the app and it will provide you the list of all the restaurants nearby including how far they are from your current location.
You can also view the profiles of the listed restaurants and decide on what you like. The profile shows you the customer reviews as per their experiences which makes it easy for you to decide.
Google map comes with lot of useful features and you can get to know about it only when you install it. So, download it as it is available on apple Store and play store as well.

#4 Weather App

You must be thinking why weather app is included in the list. But let me tell you a story.
The week I arrived in Canada and It was sunny in the morning and I had a meeting to attend and I wasn’t familiar with the route so I booked a cab and reached 1km before the destination. But when I was in the way it started raining and my outfit for the meeting got ruined.
So, the point here is if I would have used Google Maps and Weather apps before. I would have known about all this beforehand. But I didn’t so you know the outcome. Therefore, you must download apps for newcomers to Canada for any unseen situation.

#5 ArriveCan:

ArriveCan app is recommended when you are going to visit Canada. You need to provide your travel information before and after your arrival to Canada.
ArriveCan is totally free and is the platform of official government of Canada where you need to provide your information while entering Canada.
All the travelers whether entering Canada by land, air or ship, they must use ArriveCan.
Your boarding may be denied if you don’t submit your information. Otherwise, People who are Canadian citizens, permanent residents or any person registered under Indian act and is eligible to arrive Canada due to work, study will not be denied.
It makes it easier for you to navigate all these if you have the ArriveCan app and you don’t need to face any hassle further.
You need to provide your travel information and contact details and your vaccination details, Quarantine plans and then you will receive a receipt on your email. You can check the official website to know more.

#6 Skip The Dishes:

When you are somewhere new, you need an online food platform as well thus Skip is the best apps for newcomers to Canada. You need to download the app through play store or apple Store. You can get access to various kind of restaurants and you can easily order any food anytime anywhere.
Skip the dishes provides you with local favorite dishes as well that doesn’t normally deliver their food but you can order those foods through this app.
You can watch your order as well and track it through the app and it also shows you the remaining time left to deliver your order.
It’s the best app when it comes about ordering food online as it offers you Skip rewards too, where you can earn points on every order and the points can be used to get the food you love easily.
The sign up is very easy, you just need to Click Here to create a Skip account and you are good to go.
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#7 Borrowell

After all the hurdles, you must be thinking there must be an app that tracks your credit history and provide you the credit scores weekly. Then Don’t worry, we have got you covered.
Borrowell provides you your Equifax credit Score and Credit report for free and you can download your credit report and scores anytime.
It provides you the credit scores weekly and helps you to track your credit scores as well.
If you are newcomers to Canada you must install Borrowell as it tracks your credit report and provides you personalized tips for improving your scores as well.
As the main purpose when you reach Canada is to get a valuable credit card and moreover you need to monitor your credit scores often so its highly recommended to install Borrowell.

Special Read: Read Our Detailed Review on Borrowell – Click Here

#8 Tangerine:

When you reach to Canada you will need Canadian Bank account and With tangerine you can do digital banking.
As we said, the main agenda while you reach Canada is to get a valuable credit card first and tangerine provides you the best credit card in Canada with loads of cashback rewards and offers.
You will get $300 and 2.25% savings rate when you sign up using the promo code EARNMORE and create a savings account.
Tangerine offers you the credit cards with no annual fee as well and different card carries different cashback offers.
You should install the Tangerine mobile banking app which makes your banking experience more convenient. You can manage your account through the app and review transactions and get the important updates easily.
The insurance coverage provided by Tangerine is also quite satisfying and it’s a good option if you are a newcomer.

Readers Special: Tangerine Money Back Credit Card Review – #1 Ranked Credit Card in Canada

#9 Remitly:

Remitly is one the Best Apps for Newcomers to Canada if you tend to transfer money overseas as it allows you to transfer money faster and comes with the security. You can get best deals and low charges when you are transferring money out of country.
Remitly is a trustworthy app and very safe. Thousands of people in Canada use Remitly for transferring money more than $6 billion a year.
It is also quite easy for you if you are an Indian and living in Canada due to work or study. Because you can transfer money to India as well. You just need to create an account and you will get a special exchange rate on the first $ 1000 and extra $15 discount when you transfer money more than $6000.
You can track the progress and you get the call from a member to verify the transaction is an additional security. Due to which, I would recommend Remitly.
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#10 Koho

Koho is one of the Best Apps for Newcomers to Canada. Koho is a free spending and Savings account for Canadians that comes with the prepaid card and mobile app as well.
You will get 0.5% cash back on every purchase and the mobile app makes it easier for you to navigate the balance and cash out.
The additional feature provided by Koho is that you can lock your card and securely shop anytime that’s why it is trusted by 375,000 Canadians.
It’s not like any other credit card. Koho allows you a smart budgeting app through which you can monitor your account and get daily insights on improving after every purchase.
It’s quite simple to use, and there are various kind of built-in ways to make the most of your money.
You can choose to round up your purchases to the nearest buck or two and then that money will be stashed away from you, which is called Roundups. It adds up the amount quickly and you can cash out anytime you like.
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5 Best Student Credit Cards in Canada

Best Student Credit Cards in Canada – Attention! Want to save every penny possible!!!!!! When you are suddenly plunged into independence at the age of 18 (majority age for some provinces), the world of finance could be quite bewildering. Starting to save for the future and being financially responsible from a young age should be a befitting goal.

Why do you need a Student Credit Card?

On having a student credit card in canada, various personal expenses during your college years like buying a car and others can be readily met even if you don’t draw an honorarium. Best Student credit cards can provide you with rewards and/ or cash-backs. The cardholder needs to be consistent in paying their monthly credit balance for their credit history to be healthy. Having a good credit history is essential to show financial responsibility in repaying the incurred debts, and would serve in the future for receiving larger credit. We recommend you use the Mogo Free Credit Monitoring tool to monitor your credit score monthly.

Monitor Your Credit Score For Free

Is it necessary to have a job?

College students aged 18 years or above (legal age varies per province) can apply for student credit cards. The majority of the banks do not imply for the student to have a specific job or income source. In the event they demand, the applicant can consider getting a part-time job or put forward an alternative income source, probably your parents’ income or guarantee, loans, or personal savings.

5 Best Student Credit Cards in Canada 2021

1. Tangerine Money-Back Credit Card

Tangerine Money-back card is one of the Best Student Credit Cards in Canada.

Click Here To Apply For Tangerine Money-Back Credit Card

Attractive features are:

No annual fee
Interest rate: 19.95
Rewards up to 2% on everyday purchases and 2% money-back on your category of choice.
Purchase assurance and extended warranty.
Eligibility Criteria: Person of majority age as per province with a gross annual income of $12,000 and a resident of Canada without any case of bankruptcy for the past 7 years.

Cash redemption can be done anytime to your savings account or to the credit card balance. For the first 6 months, you only need to pay 1.95% interest on the transferred amount. In the first 2 months, purchasing items worth up to $1,000 from the Tangerine Money-Back Credit Card, 15% (up to $120) is earned as a reward (limited offer).

Click Here To Read Detailed Review of Tangerine Money-Back Credit Card

Click Here To Apply For Tangerine Money-Back Credit Card

Are you a Shopping Lover? Looking for Best Store Credit Cards in Canada to Earn Rewards while you shop?

Click Here to Unlock Top 5 Best Store Credit Cards in Canada.

2. Scotiabank SCENE Visa Card

Scotiabank SCENE Visa Card - Best Student Credit Card Canada

This Credit Card in Canada is apt for a person who consistently loves going to the movie theatres. The Scotiabank SCENE Visa Card provides:

No annual fee
Interest rate: 19.99% for purchases and 22.99% for cash advances
$500 minimum credit limit
For every $1 spent on everyday purchases, 1 SCENE point is earned.
5 SCENE points for every $1 spent in Cineplex theatres or at cineplex.com.
Eligibility Criteria: Person of majority age as per province with a gross income of $12,000 and a resident of Canada without a case of bankruptcy for the past 7 years.

In the first 3 months, 2,500 points can be earned for the first $500 spent. 1,250 SCENE points can be redeemed for a free movie. $10 discount can be earned from restaurants by redeeming 1.000 SCENE points.

Are you aware that you can pay your monthly payments through credit cards? Read our detailed review on the website which allows you monthly payments through credit card.

Plastiq Review: Simple Way to Pay Your Taxes and Mortgage with Credit Card

3. BMO CashBack Mastercard

BMO Cashback MasterCard is one of the best cash back credit card Canada for college students.

The attractive features of BMO CashBack Mastercard are:

No annual fee
Interest rate: 19.99% for purchases and 22.99% for cash advances
3% cash-back on groceries, 1% on recurring payments, and 0.5% on others
Purchase protection and extended warranty
Add another cardholder for free and earn more cash-backs.
Eligibility Criteria: Person of majority age as per province with a minimum income requirement and a resident of Canada without a case of bankruptcy for the past 7 years.

Cash redemption can be done anytime. An automatic deposit of cash balance on reaching a specified amount (minimum balance $25) can be established as per choice. In the first 3 months, up to 5% cashback and introductory interest rate to 1.99% on balance transfers for 9 months.

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4. BMO AIR MILES Mastercard

For hodophile (travel-loving) students, this card is apt for you as it gives numerous travel rewards.It is considered the Best Travel Credit Card in Canada for students which is having the following features.

No annual fee
Interest rate: 19.99% for purchases and 22.99% for cash advances
1 MILE point earned for every $25 spend and extra 2 points for purchasing in stores having a contract with BMO Air MILES Mastercard.
1,300 MILES for a Vancouver to Seattle trip
Eligibility Criteria: Person of majority age as per province and a resident of Canada without a case of bankruptcy for the past 7 years.

Rental car discounts and various travel discounts are also available. On purchasing the card 800 MILES bonus points are earned and a 1.99% introductory interest rate is applicable for the first 9 months.

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5. PC Financial Mastercard

PC Financial Mastercard

This Student Credit Card in Canada offers great cashback for groceries and everyday items. Its attractive features are:

No annual fee
Interest rate: 20.97% for purchases and 22.99% for cash advances
10 PC Optimum points for every $1 in selected grocery stores and elsewhere
20-30 PC Optimum points can be earned in selected stores
Free purchase assurance and extended warranty
Eligibility Criteria: Person of majority age as per province and a resident of Canada without a case of bankruptcy for the past 7 years.

When you earn 10,000 PC Optimum points, you can redeem $10 worth of items in selected stores.

Looking for a Credit Check before Applying for Student Credit Cards?

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CONCLUSION: Best Students Credit Cards Canada

The above-curated information is from meticulous research as I have not earned the opportunity to purchase the Best Student Credit Cards in Canada. The above 5 student credit cards in Canada are the best student credit cards currently available in Canada, as they have no annual fees and you can easily earn rewards or cash backs. Savings is a dominant issue among college students and the above student credit cards can assist to resolve those issues.

Tangerine Money-Back Credit Card Review – Best Credit Card in Canada 2022

Tangerine Money-Back Credit Card: Review, Eligibility, Cashback, Pros and Cons

Tangerine credit cards are the best no-annual-fee credit card in Canada and Best Student Credit Cards in Canada. As you know how troublesome it is to find the best credit card in Canada that includes all the exciting features and is still able to fulfill our desires. Tangerine Money-Back Credit card makes it easy for you to save money on every purchase and return you with exciting cashback and Money-back rewards.

Although, no-fee credit cards are in high demand nowadays as customers are preferring affordability. And, Tangerine Credit card is one of them that provides maximum satisfaction to their cardholders.

Card Name & Issuer: Tangerine Money-Back Credit Card

Tangerine was established as ING DIRECT CANADA on April 27, 1997. Particularly, they don’t have branches everywhere but it’s more like a website. Its headquarters is situated in Toronto.

Tangerine Money-Back Credit Card Annual Fee

As you are aware of the fact that Tangerine money-back credit card doesn’t require an annual fee. Therefore, you are good to go.

Eligibility Requirements for Tangerine Money-Back Credit Card

The Gross annual income required for this card is $12,000 or more.
And you must have attained the majority age in Canada.
Must be a permanent resident of Canada.
No history of Bankruptcies.

Tangerine Money-Back Credit Card Rewards/Offers

You will earn 2% money-back rewards on any two purchase categories and 0.50% Money-back rewards on any other purchase category.
There is no prior limit on earning money-back rewards.
You can deposit all your tangerine money-back rewards on Tangerine savings account and get an extra 2% money-back category.
2% Money-Back Categories includes:
- Grocery
- Furniture
- Hotels
- Gas
- Recurring bill payments
- Restaurant

Click Here To Apply For Tangerine Money-Back Credit Card

How to Apply for Tangerine Money-Back Credit Card?

Visit the official site of Tangerine Money-back credit card. You need to register an account to apply for it.
If you already have an account then you can choose to log in.
Then you will be presented with a form on that particular site.
Tangerine will be asking you about the employment information, annual salary, mailing addresses, and contact information.
Read the full statements and fill the respective form and submit it.

Click Here To Apply For Tangerine Money-Back Credit Card

Insurance Coverage on Tangerine Money-back Credit Card

Purchase insurance:
Purchase assurance is provided to cardholders to cover loss, theft, or any damage on new purchases made anywhere in the world.
The validity of this insurance is up to 90 days from the date of purchase.
Extend warranty

Tangerine Money-Back Credit Card Pros

The crucial pros of this card are that there is no annual fee required.
You can choose your money-back categories by yourself.
Your money back category can be increased added with extra benefits.
You will get various cashback offers along with a welcome offer
Compatible with mobile payment apps.
Cashbacks can be easily redeemed and transferred to a savings account.

Tangerine Money-Back Credit Card Cons

Tangerine Bank doesn’t have any branch anywhere. they are like a web portal bank.
Regular cashback rewards are not enough alluring for customers.
Insurance coverage isn’t up to the mark.
The purchase protection period is very much limited.
You cannot give cashbacks as cash or cheques.

Editor’s Review on Tangerine Money-back Credit card

Tangerine Money-back credit card is no doubt a top-notch card. And it doesn’t require an annual fee. But at the same time, its money-back returns rate is quite low as compared to any other no annual fee credit card. Tangerine money-back credit card gives you the advantage of choosing your 2% money-back categories for money-back returns and apart from that, you can increase your money-back category too.

However, the Insurance coverage is also not up to the mark and the 2% money-back rate is very modest. At last, I would say the Tangerine Money-back credit card is quite beneficial for those who prefer affordability and don’t want to pay an annual fee but expect satisfying offers. Then this card would be the best option as it’s compatible with mobile Payment apps like Gay. And Redeeming is easier for cardholders because the money-back rate gets transferred to the Tangerine savings account automatically and can be redeemed as per the user’s preference.

Click Here To Apply For Tangerine Money-Back Credit Card

FAQs (Frequently Asked Questions)

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Top 5 Best Crypto Credit Cards

Best Crypto Credit Cards: Cryptocurrency is on the rise these days. Wherever we look, everyone is talking about it. But do we understand or realize its importance? The world has evolved from the barter system during the early age to modern currency and now, at this modern age, we have cryptocurrency.

What is Cryptocurrency?

Cryptocurrency, in simple words, is a currency without any physical embodiment which resides in the digital realm. The advantages are that it can be used by anyone and has very few restrictions as to its independent from banks. Moreover, due to its intricacy in the algorithm of the money transaction, it is safe from hacking.

5 Best Crypto Credit Cards

1. Crypto.com Visa Card

Crypto.com was one of the first to bring out Crypto Credit Cards. Crypto.com uses a native currency name called: CRO. The crypto credit cards provided is a prepaid card that requires an amount of cryptocurrency in the account beforehand. The Crypto.com Visa cards are known as the Metal Visa cards consisting of 5 cards. It has:

No annual fee
Free Currency Exchange & Free ATM Withdrawal
Credit score not required.
The card uses about 90 different cryptocurrencies
Midnight Blue Visa card: minimum $0 CRO & 1% rewards.
Ruby Steel Visa card: minimum $400 CRO & 2% rewards.
Royal Indigo and Jade green Visa cards: minimum $4,000 CRO & 3% rewards.
Frosted Rose Gold & Icy White Visa card: minimum $40,000 CRO & 5% rewards.
Obsidian Visa card: minimum $400,000 CRO & 8% rewards.

No	Crypto.com Card Name	Staking Requirement in USD	Rewards
1	Midnight Blue Visa card	$0	1%
2	Ruby Steel Visa card	$400	2%
3	Royal Indigo and Jade green	$4000	3%
4	Frosted Rose Gold and Icy White Visa card	$40000	5%
5	Obsidian Visa card	$400000	8%

Crypto.com Visa cards could be topped up with bank account transfers, other credit/debit cards, or cryptocurrency. Crypto.com app is available to make matters easier.

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2. BlockFi Rewards Visa Card

BlockFi Rewards Visa Signature Credit card uses Bitcoin cryptocurrency. This card is only available for US residents in qualified states. It has:

No annual fee
No foreign transaction fees
3.5% cashback in Bitcoin for the first 3 months
1.5% cashback in Bitcoin on all purchases
2% cashback on Bitcoin on purchases over $50,000 of annual spend

There are special rewards available with this Crypto Credit Card for food, wine, rooms, etc.

3. Coinbase Visa Card

Coinbase Visa Debit card is only available in the US states except for Hawaii and is a prepaid card. It has:

No annual fee
The card uses about nine different cryptocurrencies
4% cashback in all purchase
Use the card worldwide where Visa cards are accepted.
Up to 2.5% cryptocurrency liquidation fee
2% international transaction fee

The Coinbase app helps make transactions easier and also keeps transaction receipts.

4. Wirex Visa Card

The Wirex Visa card is perfect for traveling all over the world. Wirex uses a native currency name called: WXT. It has:

No annual fee
Access to more than 150 currencies & accepted in more than 54 million offline/online outlets worldwide.
Free international ATM Withdrawals
2% cashback for selected stores
2.5% transaction fee

The Wirex app helps matters easier.

5. Gemini Credit Mastercard

The Gemini Credit Mastercard is available in all fifty US states. It has:

No annual fee
3% rewards on dining, 2% on groceries, and 1% on others.
Deposits the rewards immediately on purchase
About 40+ cryptocurrencies are available
Use the card worldwide where Mastercard is accepted.
No foreign transaction fee

The Gemini app makes matters easier.

Conclusion: Best Crypto Credit Cards

The above-curated information is from meticulous research as I have not earned the opportunity to purchase these credit cards. The above Crypto credit cards are the best, as they have no annual fees and earn rewards or cash backs. Cryptocurrency is the new future, so don’t wait any longer and get Best Crypto Credit Cards.

CIBC Dividend Visa Infinite Card Review – Best Cashback Credit Card in Canada

CIBC Dividend Visa Infinite Card: Review, Eligibility, Cashback, Pros, Cons

Cashback credit cards in Canada are one of the best credit cards in Canada today. It helps in reducing daily expenses such as while shopping for groceries, etc. by receiving a rebate of 1-10%, which varies according to the card issuer. Moreover, it can contain insurance coverage and an extended warranty from the bank.

Among all Visa-branded cards, the Visa Infinite card belongs to the highest-level tier that gives maximum benefits to the customer in this brand’s network. For which reason, the cashback infinite cards are only limitedly issued by certain banks.

In the current review, we look at one of the Best Cashback credit cards in Canada, the CIBC Dividend Visa Infinite Card.

Card Name & Issuer: CIBC Dividend Visa Infinite

The Canadian Imperial Bank of Commerce also known as CIBC is a multinational banking and financial services company. Its headquarters is situated in Toronto, Ontario, and is the fifth largest chartered bank in Canada.

CIBC Dividend Visa Infinite Card Review

CIBC Dividend Visa Infinite card has been recognized as the #1 cashback credit card for the year 2020 by Rewards Canada. It yields 4% cashback on daily purchases of groceries and gas. It issues 2% cashback on all CIBC online, mobile banking services, transportation, dining, and other recurring payments. 1% cashback is available on other services. In addition, it provides protection coverage on mobile devices and travels medical insurance.

The interest rate for purchases made is 20.99%. In the case of cash advances, the interest rate is 22.99%, but for Quebec residents, it’s 21.99%.

CIBC Dividend Visa Infinite Card Annual Fee

The card requires an annual fee of $120 which is fully rebated for the first year. In the case of additional cards (up to 3), $30 has to be paid for each card as an annual fee, which is rebated for the first year. A CIBC Smart Plus account holder can enjoy a rebate of the annual fee every year.

Eligibility Requirements for CIBC Dividend Visa Infinite Card:

The minimum annual income is a common eligibility requirement by most credit card issuers. $60,000 is the minimum annual income of an individual who can apply, while $100,000 should be the minimum annual income of the household.

How to apply for CIBC Dividend Visa Infinite Card?

Application for the CIBC Dividend Visa Infinite Card can be done online, by phone, or at a local bank branch. The card applicant must be a resident of Canada and have an eligible age as per the province. If the applicant has a CIBC account the application process would be much easier, or else personal information has to be provided as asked. This process doesn’t usually exceed more than 10 minutes.

Are you aware that you can pay your monthly payments through credit cards? Read our detailed review on the website which allows you monthly payments through credit card.

Plastiq Review: Simple Way to Pay Your Taxes and Mortgage with Credit Card

CIBC Dividend Visa Infinite Card Cashback

Consolidating the money transactions on every shopping or purchase, into the cashback card will usher a lot of savings.
Automatic monthly installment schemes can be linked to this card to earn cashback rewards.
Additional 3 cards can be requested by the cardholder. Distributing these cards among the family members or to anyone will bring in a lot of additional cash backs.
Earn 4% cashback on groceries and gas.
Earn 2% cashback on CIBC online, mobile banking services, transportation, dining, and other recurring payments.
Earn 1% cashback on other services or purchases.

Insurance Coverage on CIBC Dividend Visa Infinite Card:

Car Rental Collision/Loss Damage Insurance.
Emergency travel medical expenses: The card provides insurance for up to $5 million per insured person.
Mobile Device Insurance: The card will provide you with repair or replacement coverage up to $1,000 for personal mobile devices.
Purchase Security & Extended Protection Insurance: For the first 90 days on purchase of the personal property you can replace, repair or reimburse the item through the insurance issued by this card.
Common Carrier Accident Insurance: The cardholder’s family will receive up to $500,000 insurance.

CIBC Dividend Visa Infinite Card Benefits/Pros

Owners of CIBC Smart Plus account holders can obtain the CIBC Dividend Visa Infinite Card for free without any annual fee.
Maximum cashback earnings without any limit.
Recent changes in February 2021 have increased the bonus.
Cashback earnings can be redeemed anytime according to the cardholder’s choice.
Insurance coverage and mobile device protection insurance is another advantage.

CIBC Dividend Visa Infinite Card Drawbacks/Cons

The new changes in February 2021 increased the below-average annual fee of $99 to $120.
3 travel insurance coverages such as trip interruption insurance, flight delay insurance, and baggage insurance have been canceled after the new changes were made.

Editor’s Review on CIBC Dividend Visa Infinite Card

All the information given above is written with thorough research on the card. Personally, as an Indian citizen, I have not been able to use the CIBC Dividend Infinite Visa card. If this card is available in India, I would purchase the card as it gives amazing cashback earnings along with automatic insurance coverage. Even though there have been a few changes in this card in February 2021, there has been no downgrading in benefits.

The pros of the cashback card overtake the cons which makes it an apt choice while choosing a cashback card. While researching on the topic, the CIBC Dividend Infinite Visa Card showed up among the Best cashback credit cards in Canada.