The CIBC Aeroplan^® Visa^* Business Card is a decent Aeroplan credit card for businesses, as it incentivizes cardholders to continue spending throughout the first year to earn a second welcome bonus in the second year.

The information for the CIBC Aeroplan® Visa* Business Card has been collected independently by Prince of Travel. The card details on this page have not been reviewed or provided by the card issuer.

Bonuses & Fees

You can earn a total of up to 60,000 Aeroplan points^† by applying for the CIBC Aeroplan^® Visa^* Business Card,^† awarded in three parts:

• Earn 10,000 Aeroplan points upon first purchase^†
• Earn an additional 20,000 Aeroplan points after spending $10,000 in the first four months^†
• Earn an additional 30,000 Aeroplan points upon spending $40,000 in the first year^†

The signup bonus of 30,000 points in the first year is a good offer compared to others we've seen on this card. If you're primarily looking to earn Aeroplan points for high-value redemptions, now would be a good time to apply with the $180 annual fee rebated for the first year.^†

Supplementary cards may be added for an annual fee of $50 apiece, although the first three supplementary cards enjoy a first-year annual fee rebate under the current promotion.^†

Earning Rewards

In terms of the return on everyday spending, the CIBC Aeroplan^® Visa^* Business Card offers:

• 2 Aeroplan points per dollar spent on eligible Air Canada and Air Canada Vacations purchases^†
• 1.5 Aeroplan points per dollar spent on eligible shipping, internet, cable, phone, dining, and travel purchases^†
• 1 Aeroplan point per dollar spent on all other eligible purchases^†

The earning rates are identical to the TD^® Aeroplan Visa^* Business Card, and are on par with the CIBC Aeroplan^® Visa Infinite^* Card geared towards consumers. While the return on bonus categories is decent, there are also arguably better choices on the market, too.

Having said that, if you're a small business owner who spends a lot on shipping, internet, cable, and phone purchases, then this card might be the right fit, since there aren't many other products offering bonus earning rates on these categories.

Redeeming Rewards

Aeroplan remains the program of choice for the vast majority of Canadians aiming to redeem their points for high-value international business and First Class redemptions. Redeeming Aeroplan points follows the Aeroplan Flight Reward Chart, and can cost as little as 55,000 points one-way from Vancouver to Tokyo in business class. From the East Coast, 60,000 Aeroplan points (or often fewer, thanks to Air Canada’s preferred pricing if you hold Elite Status or a credit card) would unlock a transatlantic flight to most parts of Western Europe. Closer to home, short-haul flights within North America that are under 500 miles only cost 6,000 Aeroplan points one-way. With the points earned from this card, you can travel one-way in business class across the continent on routes such as Toronto–Vancouver or Montreal–Los Angeles and still have points left over.

Perks & Benefits

As with the personal variant, the CIBC Aeroplan^® Visa^* Business Card delivers a strong set of Air Canada travel benefits.^† As a cardholder, you'll receive:

• Free first checked bag on Air Canada flights, for the primary and supplementary cardholders†
• Preferred pricing when redeeming Aeroplan points for Air Canada flights†
• The ability to earn 1,000 Status Qualifying Miles (SQM) and 1 Status Qualifying Segment (SQS) for every $5,000 you spend on the card†
• Your Aeroplan points won't expire for as long as you're a cardholder
• Four complimentary Maple Leaf Lounge visits†

Insurance Coverage

The insurance benefits on the CIBC Aeroplan^® Visa^* Business Card are decent, with quite a comprehensive suite of important coverage, such as:

• Flight and baggage delay insurance of up to $500 per person for delays of at least four hours and for baggage delays, with a combined total of $1,000†

• Car rental theft and damage insurance, which can replace the insurance fees that car rental companies are infamous for charging†

• $500,000 Common Carrier Accident insurance, which protects you in case of a travel-related accident†

• Trip cancellation insurance of $1,000 per person or $5,000 combined^†

• Trip interruption insurance of $2,000 per person^†

However, the card notably lacks emergency travel medical insurance, which falls a bit short of the standard set by TD's version of this card.

Many credit cards in the marketplace consider award travel to be ineligible for travel insurance – you have to put the full revenue ticket cost on the card in order for it to count. The CIBC Aeroplan cards only require you to charge the taxes and fees of your Aeroplan booking to the credit card in order for the travel insurance to kick in.^†

If you prefer to cover your bases using travel insurance, yet also frequently travel on points, that makes this card worthwhile to keep around.^†