10,000 CIBC Aventura points 
$125 First-year value The CIBC Aventura Visa Card is a fine entry point for anyone interested in slowly earning Aventura points. However, more seasoned miles and points collectors likely won’t find much appeal.
Bonuses & Fees
The CIBC Aventura Visa Card is offering 10,000 Aventura points for new cardholders, distributed as follows:
- 7,500 points upon first purchase
- 500 points per activity
- Share your email address with CIBC
- Sign up for eStatements
- Add an authorized user
- Hold any eligible CIBC Chequing Account
- Add your credit card to a mobile wallet
The card has no annual fee for the primary or supplementary cardholders.
Earning Rewards
The CIBC Aventura Visa offers 1 point per dollar at gas stations, grocery stores, drug stores, and on travel purchases made through the CIBC Rewards Centre. It offers 1 point per $2 spent on all other purchases.
Using this card for your regular spend is only recommended for individuals to use as a starting point to build a strong customer relationship with CIBC.
Redeeming Rewards
10,000 points can be redeemed at a rate of 1 cent per point (1cpp) towards your travel expenses, meaning that you can use it as a $100 credit towards travel booked through the CIBC Travel Rewards Centre.
10,000 points can be redeemed at greater value by following the below redemption chart. You can use them towards a $800 airline ticket in the “Canada and U.S. (long-haul)” category, increasing the value of your points from 1cpp to 2.3cpp.
In fact, we generally recommend redeeming Aventura points for airline tickets according to the above chart whenever you can, since it offers the maximal value for your points. The 1cpp option gives you the convenience of booking other types of travel – such as hotels and car rentals – but its relatively poor value makes it more of a baseline option than a redemption you could actively pursue.
Note that all of these redemptions must be done through the CIBC Travel Rewards Centre, which is CIBC’s in-house travel agency.
Generally, they offer competitive prices on airfare (i.e., on par with what you’d find yourself on Expedia for major airlines), although their hotel rates can sometimes go a little higher than other booking websites.
Perks & Benefits
Cardholders of the CIBC Aventura Visa Card can save up to 10¢ off per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.
Insurance Coverage
The CIBC Aventura Visa Card offers a standard insurance package for no-fee credit cards including Common Carrier Accident insurance as well as rental car insurance up to an MSRP of $65,000.
It also offers an extended warranty of up to one year on top of whatever the manufacturer provides, as well as purchase protection for 90 days.