CIBC Aventura Visa Infinite: New Offer Worth $500+!

CIBC has a couple of new promotions now available: one for redeeming points at higher value, as well as a credit card welcome bonus for a record number of points. When used together, these promotions are worth over $500 in easily-achievable cash value.

From now until June 15, 2022, you can redeem Aventura points for travel at a fixed value of 1.25 cents per point – double the usual value for this type of redemption. 

And on the earning side, there’s also a new credit card offer floating around for 45,000 Aventura points on the CIBC Aventura Visa Infinite Card. You can only apply for this bonus through a dedicated promotional link.

In This Post

CIBC Rewards: Redeem Aventura Points With a 50% Discount

For a limited time until June 15, 2022, you can use 50% fewer Aventura points when you redeem via Shopping with Points for any travel expense.

Shopping with Points is Aventura’s name for using points for statement credit against any expense. Usually, these redemptions can be had for a flat rate of 8,000 points = $50.

At a fixed value of 0.625 cents per point, that’s much lower value than other ways to use Aventura points for travel, including:

  • Any travel booking made through the CIBC Rewards Travel Centre, for a fixed value of 1 cent per point
  • Economy flights booked with the Aventura Airline Rewards Chart, for a value of up to 2.3 cents per point
  • Business class flights booked with the Aventura Airline Rewards Chart, for a value of up to 2.5 cents per point

However, currently you can use half the usual number of points required for Shopping with Points, for a fixed value of 1.25 cents per point.

You can do this for any prepaid expense, as long as it is for travel. You don’t have to book through the CIBC Rewards Travel Centre. That means you can make a refundable travel booking and credit your Aventura points at this elevated rate.

There’s no easier way to use points for cash-like value. For a rewards currency that is usually harder to use for higher value, this is a great chance to liquidate any large balance you’ve accumulated.

CIBC Aventura Visa Infinite: 45,000 Aventura Points

CIBC’s core in-house rewards product, the CIBC Aventura Visa Infinite Card, is offering 45,000 Aventura points with an annual fee waiver for the first year.

The whole welcome bonus is awarded upon making your first purchase.

Pretty sweet, eh? That’s a great proposition for anyone, especially if your ability to meet high spending requirements is limited. It’s the textbook definition of low-hanging fruit!

This is an all-time high welcome bonus on the card – not just the easiest to earn, but also the most points it has ever offered. Combined with the Shopping with Points promotion, 45,000 Aventura points are worth a minimum of $562.50.

This offer is only available if you apply online via a promotional link

Otherwise, if you apply through the main CIBC website or another affiliate channel, you’ll receive the public welcome bonus, for a total up to 35,000 Aventura points:

  • 20,000 Aventura points upon first purchase
  • 1,250 Aventura points in each of the first 12 months that you spend $1,000, for a total of 15,000 Aventura points

Normally, the card awards modest rewards on everyday purchases:

  • Earn 2 Aventura points per dollar spent on travel booked via the CIBC Travel Rewards Centre
  • Earn 1.5 Aventura points per dollar spent on gas, groceries, and drugstore purchases
  • Earn 1 Aventura point per dollar spent on all other purchases

As a cardholder, you’ll also get a Priority Pass membership with four lounge passes for you and your guests (including access to airport restaurants and experiences), as well as a NEXUS application fee rebate.

Applicants must have at least $60,000 in annual personal income, or $100,000 in annual household income. If you don’t meet these thresholds, you could instead apply for the CIBC Aventura Gold Visa Card as long as your income is over $15,000.

The card has the exact same promotional welcome bonus for 45,000 Aventura points. You can access the offer from the bottom of the Visa Infinite promotional page.

It also has most of the same perks, including Priority Pass and NEXUS. The only major difference is that it lacks trip interruption and cancellation insurance.

CIBC Aventura Visa Infinite Privilege: 60,000 Aventura Points

The rest of CIBC’s Aventura line-up remains unchanged.

The premium variant, the CIBC Aventura Visa Infinite Privilege Card, offers a premium bonus of up to 60,000 Aventura points.

However, the points aren’t quite as easy to earn:

  • 30,000 Aventura points upon spending $3,000 in the first four months
  • 2,500 Aventura points in each of the first 12 months that you spend $2,000, for a total of 30,000 Aventura points

The initial bonus is an improvement from the Visa Infinite card, although it does come with a higher minimum spend requirement.

The monthly bonuses are worth double, but you also have to spend twice as much. Therefore, the effective incremental points of going for these bonuses is the same, equivalent to 1.25 extra Aventura points per dollar spent.

Also, the monthly bonus component is the same as the CIBC Aeroplan Visa Infinite Privilege Card. In fact, the bonuses on the two cards are quite similar, although the Aeroplan card offers additional points with your first purchase.

The regular earn rates on the Visa Infinite Privilege card are more generous than its lower-tier counterparts:

  • Earn 3 Aventura points per dollar spent on travel booked via the CIBC Rewards Travel Centre
  • Earn 2 Aventura points per dollar spent on dining, entertainment, transportation, gas, and groceries
  • Earn 1.25 Aventura points per dollar spent on all other purchases

The card comes with an annual fee of $499. Luckily, it can be reduced by $139 if you have a CIBC Smart Plus Chequing Account. It can also be partially offset by the card’s $200 annual travel credit, bookable by phone with the CIBC Rewards Travel Centre.

By maximizing these two rebates, you can reduce the net annual fee to $160.

In fact, since the annual travel credit is based on a calendar year cycle, you could even redeem two sets of the $200 travel credit and come out ahead in the first year.

The Visa Infinite Privilege card comes with the same travel benefits as the Visa Infinite card, but stronger: six Priority Pass visits per year instead of four, and more insurance coverage.

You’ll also have access to the Visa Infinite Privilege Concierge service, which is useful for booking exclusive experiences, such as dining reservations or event tickets, as well as travel arrangements.

If you intend to meet the monthly spend targets, 60,000 Aventura points is well worth it if you can reduce your annual fee, especially considering the other perks of being a premium cardholder. However, if you don’t plan on maintaining monthly spend on the card, I’m not sure if I’d go out of my way for 30,000 Aventura points without a clear plan to maximize the various rebates.

You must have at least $200,000 in annual household income to apply for any Visa Infinite Privilege card.

CIBC Aventura Visa Card for Business: 60,000 Aventura Points…?

At first glance, the offer for the CIBC Aventura Visa Card for Business looks very strong, at 60,000 Aventura points.

But once again, the breakdown is its demise:

  • 25,000 Aventura points upon first purchase
  • 35,000 Aventura points upon spending $65,000 in the first year

You need to spend $65,000 to earn the full welcome bonus. That works out to over $5,000 per month for a full year. Consider that many other premium cards require $5,000 total over three months to earn the full bonus, and it’s pretty clear that pursuing this bonus could drastically slow down your ability to earn with other credit cards.

Rubbing salt in the wound, the card has an annual fee of $120, which is not currently waived for the first year.

While it’s easy enough to get business credit cards, there are better cards out there at the moment. I’d favour cards like the Business Platinum Card from American Express, with a larger bonus and a more valuable award program.

If you are interested for your business, here are the everyday rewards rates on purchases:

  • Earn 2 Aventura points per dollar spent on travel booked via the CIBC Rewards Travel Centre
  • Earn 1.5 Aventura points per dollar spent on gas and other travel purchases
  • Earn 1 Aventura point per dollar spent on all other purchases

Applicants can be approved with at least $35,000 in personal annual income. Or, if you’d prefer to apply on the basis of your business financials, you can apply for the CIBC Aventura Visa Card for Business Plus, which has all of the same features and bonuses.


CIBC is running a couple of great promotions, both on earning and redeeming points. Used together, they can be quite powerful, as you can cash out an excellent welcome bonus at an enhanced rate.

The promotional bonus for 45,000 points on the CIBC Aventura Visa Infinite and Gold cards has available only via dedicated landing page. There’s no saying how long it’ll last, so I’d recommend applying as soon as you can.

Meanwhile, the Shopping with Points discount for travel redemptions will double the cash-like value of your rewards, and is an improvement from the easiest-to-use travel alternative. This promotion is live until June 15, 2022.

Although not the highest priority, I treat Aventura as a strong filler option for collecting points. If you’ve exhausted your Aeroplan opportunities and are at a loss for your next card, now would be a good time to grab some “low-hanging fruit” offers such as this one.

This is a recurring article, regularly updated with the latest round of offers. Some comments may refer to past offers that are no longer available.

  1. Serge

    Thanks for the great promo, however I used your link and was brought to the 45K signup bonus page a couple of weeks ago, but now I made the first purchase but no bonus. I contacted CIBC and they had no clue what I was talking about. They said it’s 35K after the said in phases, spending blah blah blah. 🙁

    1. Serge

      Update! So the Aventura points of 45 000 have appeared, eventually it did work. Thanks!

    2. Ranbir

      I’m in the same boat

      1. Eric

        I signed up on Jan 31st using Ricky’s link. About 2 days after my first transaction, I got 45k points. Thanks Ricky!

  2. Guy

    How long do we have to redeem against a travel expense with Shopping with Points once it is posted? 60 days ? (Can’t find in Rewards T&C…)

  3. christina

    Can I still get 45000 for this CIBC Aventura® Visa Infinite* Card? I look different.

  4. Anon

    Doesn’t seem to be working for me. I applied on Sunday Jan 30, 2022 using the special link. After applying, it came to a page that said “We’ve got your application. Let’s meet to finish everything.” I contacted my Imperial Service advisor by email and he said the only option on his screen was to cancel the application. Telephone credit card service couldn’t help either and told me I can re-apply with the regular sign-up bonus only.

    1. Anon

      Never mind, tried it again without logging into my CIBC account and it worked. 🙂

  5. Valera

    The promotional link also takes me to the regular (35,000 points) page not the 45,000 points one. Is the promo over?

    1. Ricky YVR

      It looks like the landing page has been changed; however, this application page still seems to show the 45,000 Aventura points.

      There’s no telling how long this will last, so I’d recommend applying as soon as possible!

      1. Pascale

        It’s 40k now and there is a minimum monthly spend to get the full bonus. So now the offer is meh.

        1. Ricky YVR

          Still showing 45K for me.

          1. Paul YYC

            I’m also not having any luck seeing 45,000 points mentioned anywhere. Landing page upon clicking a link mentions $1300 in value but once I click Learn more it takes me to a standard offer page available on cibc.com. Standard page has different value advertised than $1300 so I gave it a go and applied anyways even though I suspect 20,000 is all I will get.

            1. Ricky YVR

              Don’t click Learn more. Click Let’s go, and then either log in to your CIBC account or don’t, and then look for Disclaimers to find the 45K terms.

              If you used this link, those are the terms that would apply.

              1. Jeremy

                In those Disclaimers I do see the 15K + 30K bonus, it also does say: “You can qualify for this offer if you apply and are approved for a new eligible card beginning October 28, 2021.” So I supposed they could refuse to honour it if everyone is trying to argue the letter of the law.

              2. Paul YYC

                Awesome! Yeah, I was looking at the wrong place. Took some screenshots just in case CIBC does not want to honour it.

                Thanks, Ricky.

      2. Guillaume

        It doesn’t work for me either..

      3. Ana

        This link is driving to a different offer with 20k on sign up and 5k on renewal, plus option to earn monthly. I am going to sign up as I am “stuck” with 20k points for a flight that was cancelled due to Covid – I had cancelled the card already, now I have 20k Aventura points in limbo! At least it will go up to 40k points and I will be able to redeem more easily by June.

        • Get 20,000 Aventura Points when you make your first purchase.
        • Also, in your first year, you can earn an additional 1,250 Aventura Points each monthly statement period in which you spend at least $1,000. That’s up to 15,000 points!
        • After your first year, get an additional one-time anniversary bonus of 5,000 Aventura Points.

  6. Tim

    The article said that we can take advantage of the Shopping with Points 1.25 cpp by using the refundable travel booking trick – is there any DPs that CIBC will claw back the points once the refund comes in?

  7. Felix

    Hi Josh, if I recall from an earlier article correctly, the CIBC Aventura Infinite card also provides 4 passes to Plaza Premium Lounges across the world (separate from the 4 priority pass) until June 2022. Can you confirm if this is true? Thanks

  8. trend

    Can product switch work for this promotion?

  9. SJ TOR

    Hi Josh – I already have the Aventura Infinite card – can I apply for the Gold and get the welcome bonus – i.e. will they allow both cards?

    1. Josh YVR

      I don’t see why not!

      1. SB

        Do you think you could apply for both Gold and Infinite today and get the bonus for each?

        1. fredg

          I just did that, instantly approved for both. Hopefully it works out. The terms and conditions I read didn’t seem to preclude it, only product switches. I guess we’ll see what happens.

          1. J

            Same, got IA for both within 10 minutes.

            1. James

              I was about to doe the same until I saw this line in the terms:
              This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
              Two applications on same day may flag for abusing the offer, but maybe not – best of luck!

              1. J

                Pretty standard stuff for CC offer T&C, always worth trying! In my case both bonuses posted with the statements 🙂

  10. Steve

    Thanks for the heads up, but the link doesn’t appear to be working for me – just straight to the standard CIBC landing page with the 20,000 + 15,000 point offer. Tried a couple of browsers.

    1. Mo

      Same for me, only seeing total 35k points

  11. Mike

    Hello. I work for CIBC and hence receive the premium rewards cards for half off. Currently in possession of the CIBC Aeroplan Visa Infinite Privilege, my renewal time is up and my usual renewal is 299 (half of 599). They gave me a 100 buck discount but I still have to pay 199 as annual fees if I wanted to keep this card in my pocket. Would you say it advisable to renew given the VIP benefits? I am not a massive churner, maybe apply 2-3 new cards in a year, but only collect Aeroplan points (meaning not in any other loyalty program).

    1. Josh YVR

      I’d keep the Aeroplan VIP if you need it for rollover eUpgrades from 2020, or if you put substantial spend on the card for 1.25x Aeroplan points. Otherwise, consider switching to Aventura VIP – with your employee discounts and the travel credit, you’d get the card for free.

      1. Alex YYZ

        Hi Josh,
        In a previous article here on POT, Ricky said that “CIBC Aventura: If you were to refund a hotel reservation that was partially booked using points, the program seem to send the cash portion of your payment back to your account, and the points portion of your payment back to your points balance”.
        So does the refundable travel trick work with cibc aventura at all?

      2. Mike

        Thanks Josh. I ended up renewing the card for 199 a year. I actually am hesitant to go beyond Aeroplan even though I know Aventura cards are available to me at a heavy discount as I would like to focus on one. I also have 25k status which played a key role. Thank you Josh so much for your feedback, I really like reading your articles.

  12. Nicholas_Mtl

    How much is worth 1 Aventura point?

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