fbpx

CIBC Aeroplan Visa Infinite Card

Last updated: August 5, 2021
  • 20,000 Aeroplan points + Buddy pass
  • $1,071 First-year value
Best offer is available publicly
Signup bonus:
10,000 Aeroplan points upon first purchase
10,000 Aeroplan points upon spending $1,000 in the first four months
Total of 20,000 Aeroplan points
+ Air Canada Buddy Pass upon spending $1,000 in the first four months, convertible into 30,000 Aeroplan points
Annual fee:
$0 for the first year, then $139
Earning rate:
1.5 Aeroplan points per dollar spent on gas and grocery
1 Aeroplan point per dollar spent on all other purchases
Perks & benefits:
Free first checked bag on Air Canada flights
Preferred pricing on Air Canada flights
Insurance:
Strong

Bonuses & Fees

The CIBC Aeroplan Visa Infinite currently offers 20,000 Aeroplan points as a signup bonus, awarded in two parts:

  • 10,000 Aeroplan points upon first purchase
  • Additional 10,000 Aeroplan points + Air Canada Buddy Pass after spending $1,000 in the first four months

The $139 annual fee is currently waived for the first year. Otherwise, if the first-year fee waiver were not available, then it can be waived if you have a CIBC Smart Plus Chequing Account.

The signup bonus of 20,000 points with a Buddy Pass is one of the higher offers we’ve seen on this card. Whether you primarily use Aeroplan points for high-value redemptions, of if you’d prefer a buy-one-get-one voucher on Air Canada economy tickets within North America, now would be a great time to apply.

You now also have the option to convert your Buddy Pass into an additional 30,000 Aeroplan points. If you fly solo or prefer business class or overseas travel, that would be a better choice, bringing your total haul to 50,000 Aeroplan points. That’s an incredible offer, surpassing the card’s all-time high and easily among the best around.

Whether you use the Buddy Pass for a free flight or for points, you’ll only earn one Buddy Pass every 12 months between this card, the TD Aeroplan Visa Infinite, and the American Express Aeroplan Card. If you’ve got your eye on two or more of these cards in the “core” Aeroplan tier, you’ll only receive the Buddy Pass once, so keep that in mind as you plan your welcome bonuses.

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

Earning Rewards

The card’s earning structure is fairly standard, in that you’ll earn 1.5 Aeroplan points per dollar spent on gas and groceries and 1 Aeroplan point per dollar spent on all other purchases.

There are certainly better options for your everyday spending – for example, the American Express Business Platinum Card for general purchases or the Cobalt Card for food and drink.

If you’re shopping at places that don’t accept Amex, though, the CIBC Aeroplan Visa Infinite could be a solid choice to have in your wallet, since at the very least, Aeroplan points are pretty easy to redeem for a good value.

Perks & 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 $10,000 you spend on the card
  • Your Aeroplan points won’t expire for as long as you’re a cardholder

CIBC’s focus as a bank these days seems to be on their Aventura program rather than on Aeroplan (it’s been this way ever since they lost the big Aeroplan contract to TD back in 2014).

That means that the extra perks you find on the CIBC Aventura Visa Infinite, such as the Priority Pass benefits and the NEXUS fee waiver, sadly aren’t available on this card.

Insurance Coverage

The CIBC Aeroplan Visa Infinite includes all the insurance benefits that you’d expect from a premium travel credit card, such as:

  • Emergency medical insurance of up to $5,000,000 on the first 15 days of an out-of-province trip (3 days for 65+)

  • Flight/trip delay insurance of $500 for delays of at least 4 hours, which comes in handy if you need to replace your incidentals due to a delay

  • Baggage delay insurance of $500 per person or a combined $1000
  • Car rental theft and damage insurance, which can replace the insurance fees that car rental agencies will try to upsell when renting a car

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

  • Trip cancellation/trip interruption insurance: trip cancellation of up to $1,500 per insured person for a combined $5,000 and Trip Interruption insurance of $2,000 per person

One thing that’s worth noting is that the CIBC Aeroplan credit cards (i.e., this card, plus the Infinite Privilege and the Visa for Business) are among the few cards that will extend their travel insurance benefits to tickets redeemed with Aeroplan points.

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. Meanwhile, 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 Aeroplan points, that makes this card worthwhile to keep around.

Apply Now

As a Visa Infinite product, this credit card has a minimum annual income requirement of $60,000 (individual) or $100,000 (household).

Follow the below link to the CIBC website to learn more about this card and submit an application.

20 Comments
  1. Lily

    Hi,
    Thanks for the great info! Just wonder if it’s too late to apply for the CIBC Aeroplan Visa Infinite card and get the buddy pass converted into 30,000 points? Since the deadline to convert is now Nov 30? Thank you!

  2. Mark

    Is the $139 fee currently waived for the first year if I apply through the link on this page? When you’re re-routed to CIBC’s website, it says you can receive a $139 rebate if you have a CIBC Smart Plus Account. Just wanted to double check before I apply. Thank you!

    1. Josh YVR

      Yes, the first year waiver is currently for all applicants. You only need a premium chequing account if you want to waive the fee in subsequent years.

  3. Derek

    Hi Ricky,
    I opened a CIBC Aventura Visa Infinite back in April 2020, got the welcome bonus and used those points already. I then switched the card to a no-fee card to avoid having to pay the annual fee because I didn’t plan on using the card anymore. Can I cancel the no fee card and then open a CIBC Aeroplan Visa Infinite to still get the 20,000 welcome bonus + buddy pass? I did open a TD Aeroplan Visa Infinite in May of 2020 as well and plan on keeping that card for now.

    1. Ricky YVR

      I’d say you have a fairly decent chance of getting the 20K + Buddy Pass, but there’s no real need to close your no-fee card if you don’t want to.

  4. Yas

    Hi Ricky,

    I have an TD Aeroplan Visa infinite that was converted from my old TD Aeroplan following the aeroplan rebranding last november. I didn’t get any signing bonus So I was wondering if I will get the 20k aeroplan and buddy pass if I sign up for the CIBC Areoplan Visa infinite? Thanks

    1. Ricky YVR

      Yes you will!

  5. Ron

    Is this card considered a new product based on a Aeroplan’s rebranding?
    I’ve closed this card only a couple of months ago, had it opened since late 2019.
    Wondering if I’d be eligible for the 20k bonus.

    1. Ricky YVR

      It’s the same product as the old CIBC Aerogold Visa Infinite. However, I’d be pretty confident of getting the bonus in your situation.

  6. Victor

    Does anyone know if the CIBC Aeroplan Visa Infinite is a metal or plastic card?

    1. Ricky YVR

      Plastic.

  7. Jimmy

    On the CIBC website it says $139 annual fee unless you have a Smart Plus account. So 1st year fee is not waived anymore as of today without the CIBC account?

    1. Josh YVR

      All applicants will get the first year free. It’s a bit confusing as it’s displayed inconsistently on their website.

  8. Jing

    So I saw that the T&C of the CIBC Inifinite card says the following:
    – This one-time Welcome Bonus offer of a bonus Buddy Pass is only valid for eligible cardholders. You will not be eligible for the Welcome Bonus offer of a Buddy Pass if you have previously opened an Aeroplan program credit card of the same type, regardless of the credit card issuer and have received the Welcome Bonus offer in the last 12 months.
    – Offer applies to newly approved card accounts only.

    Anyone know what’s defined as “newly approved”? I had this card 6 months ago. Would I be able to apply and get the bonus again?

    Also, whats said in that first bullet point seems to suggest we can’t double up on these welcome bonuses by applying for TD/ CIBC/Amex?

    Thanks guys!

    1. Ricky YVR

      Newly approved, as in not a product-switch from a different CIBC card I believe. The Buddy Pass is limited to one per “credit card of the same type” regardless of the issuer, where “type” refers to core/premium/business cards. So you can double-up on Buddy Passes if you get a core card and a premium card, but not if you get two core cards, etc.

  9. Jim

    Is there an end date for this promotion?

    1. Ricky YVR

      No published end date, but I would hazard a guess that the signup bonus is likely to change around Quarter 4 of 2020 when the new Aeroplan program is launched.

  10. Jason

    Does anyone know if they can apply for CIBC Aerogold Business and this card and double dip on welcome bonus? I figure that since this is a personal and the other is a business, you can get both reward bonus.

    1. Ricky YVR

      Yes, you can.

      1. Susan

        Hi,
        Love your site. How long do I have to hold the CIBC Aeroplan Infinite card to keep the 50,000 Aeroplan miles welcome bonus? Is it a good strategy to change to a no-fee CIBC card so CIBC does not take back my Aeroplan points? I also have held a TD Visa Infinite card for several years.

Ricky Zhang

Your email address will not be published. Required fields are marked *

Have an Account? Click here to Login