The CIBC Aventura® Visa Infinite* Card is one of the best options for earning Aventura Points, as it often comes with a high welcome bonus that’s paired with a lower minimum spending requirement, as well as an annual fee rebate for the first year.
Bonuses and Fees
The CIBC Aventura® Visa Infinite* Card is currently offering an elevated bonus of 40,000 Aventura Points,† structured as follows:
- 20,000 Aventura Points upon making your first purchase.†
- 20,000 Aventura Points upon spending at least $3,000 (CAD) in the first four months†
The $139 annual fee is currently rebated in the first year†; otherwise, if that offer weren’t available, it can be rebated if you have a CIBC Smart Plus Chequing Account.2
To be eligible for this offer, it must have been directly communicated from CIBC or from a partner/affiliate, and you must apply for the eligible card through the link provided by CIBC or the partner/affiliate.
This offer is reserved for you. Please don’t send it to anyone else. If you’ve opened, transferred, or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer.
This credit card earns CIBC Aventura Points on daily spending at the following rates:
- Earn 2 Aventura Points per dollar spent on eligible travel booked through the CIBC Rewards Centre†
- Earn 1.5 Aventura Points per dollar spent on eligible gas, groceries, electric vehicle charging, and drugstores†
- Earn 1 Aventura Point per dollar spent on all other eligible purchases†
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 eligible flights booked through the CIBC Rewards Centre at a rate of 1 cent per point.
However, until March 31, 2024, you can redeem CIBC Aventura points for eligible travel booked in any way at an elevated rate of 1.25 cents per point.
You can also use CIBC Aventura Points towards an $800 (CAD) airline ticket in the “Canada and U.S. (Long-Haul)” category on the Aventura Airline Rewards Chart, which could increase the value of your points from 1 cent per point (cpp) to 2.28cpp.
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 the CIBC Rewards Centre.
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 eligible independent hotels, short-term rentals, car rentals, trains, or flights that can’t be booked with other airline- or hotel-specific loyalty programs.
Perks & Benefits
As the primary cardholder, you’ll enjoy four complimentary lounge visits per membership year for you and any guests, which can be used at 1,200+ lounges globally through the Visa Airport Companion Program.†
Four lounge visits per year can be useful if you don’t tend to travel very often and don’t otherwise have lounge access with another credit card.
Another unique feature is the NEXUS application fee rebate, which provides one rebate every four years towards the up to $100 (CAD) of the cost of your NEXUS application.† NEXUS is a frequent traveller program designed to speed up your travels between Canada and the United States, and you’ll receive a full rebate simply by charging the application fee to your CIBC Aventura Visa Infinite Card.
It’s worth noting that the NEXUS application fee is $50 (USD). Since the NEXUS application fee rebate covers up to $100 (CAD), you won’t be on the hook for any extra fees, and you’ll be able to cover two NEXUS applications to boot.
The CIBC Aventura® Visa Infinite* Card is a flagship travel credit card from CIBC, and therefore comes with all the key insurance policies that a frequent traveller would expect. This includes out-of-province emergency medical insurance of up to $5,000,000, plus coverage for flight and baggage delays, trip cancellation and interruption, hotel burglary, and car rental loss or damage.†
There’s also Mobile Device Insurance† available to cardholders. By paying for your smartphone, tablet, or smartwatch using your CIBC Aventura® Visa Infinite* Card, you’ll get coverage of up to $1,000 in the event your mobile device is lost, stolen, or accidentally damaged, for up to 24 months!
That can be beneficial for many people, and so the next time you’re in the market for a new mobile device, it’s worth considering using the CIBC Aventura® Visa Infinite* Card to fund your purchase.