25,000 Aventura points 
$313 First-year value The CIBC Aventura Visa Card for Business is a mid-tier card targeted at business owners that want to earn CIBC Aventura points from their day to day spending.
Bonuses and Fees
When you apply for the CIBC Aventura Visa Card for Business, you get 25,000 Aventura points as a signup bonus after making your first purchase.
You can also earn an additional 35,000 Aventura points if you spend $35,000 in the first year, for a total of 60,000 Aventura points. However, this likely isn’t a realistic goal for most cardholders.
The $120 annual fee is currently waived for the first year. You can add $60 to the annual fee if you need low-interest financing for your business cashflow.
The bonus on this card isn’t extraordinary. However, for business owners looking to diversify their points portfolio, this card can make sense in certain situations.
Earning Rewards
This credit card earns CIBC Aventura points on daily spending at the following rates:
- Earn 2 Aventura points per dollar spent on travel booked through the CIBC Travel Rewards Centre
- Earn 1.5 Aventura points per dollar spent on gas, EV charging, and other travel purchases
- Earn 1 Aventura point per dollar spent on everything else
Redeeming Rewards
CIBC Aventura points can be redeemed in a variety of ways. However, the most valuable way to redeem Aventura points is on travel purchases.
For example, you can redeem Aventura points for flights booked through the CIBC Travel Rewards Centre at a rate of 1 cent per point.
However, until March 31, 2024, you can redeem CIBC Aventura points for travel booked in any way at an elevated rate of 1.25 cents per point.
You can also use CIBC Aventura points towards a $1,000 (CAD) airline ticket in the “Canada and U.S. (long-haul)” category on the Aventura Airline Rewards Chart, increasing the value of your points from 1 cent per point (cpp) to 2.5cpp.
Generally speaking, it’s recommended to redeem Aventura points via the above chart whenever possible, since it offers the maximum value for your points. It’s worth noting that this must be done through CIBC’s in-house travel portal.
However, Aventura points can also be useful for offsetting the cost of travel that’s otherwise difficult to book with points. For example, Aventura points can be used to cover the cost of independent hotels, short-term rentals, car rentals, trains, or flights that can’t be booked with other programs, such as Aeroplan or Marriott Bonvoy.
Perks & Benefits
The CIBC Aventura Visa Card for Business doesn’t feature any traditional perks and benefits; however, it’s worthwhile to note that when you apply for the card, you’re able to choose which annual fee and accompanying interest rates work best for your business.
Insurance Coverage
The insurance on the CIBC Aventura Visa Card for Business is middle of the road, as it doesn’t come with emergency out-of-province medical insurance, which is a pillar of many other cards.
With the CIBC Aventura Visa Card for Business, you’ll get flight and baggage delay insurance, car rental loss and damage insurance (which can help you save on the daily insurance charged by car rental companies), $500,000 common carrier accident insurance, and protection against trip cancellation or interruption.