The CIBC Aventura Visa Infinite Card is currently offering a digital exclusive promotion where new cardholders can earn up to 45,000 Aventura Points and enjoy a first-year annual fee rebate, totaling up to $1,450 in value.
Offer Details:
- Welcome Bonus: Receive 15,000 Aventura Points upon your first purchase.
- Additional Points: Earn an extra 30,000 Aventura Points by spending $3,000 or more within the first four statement periods.
- Annual Fee Rebate: The $139 annual fee for the primary cardholder and $50 for each authorized user will be rebated for the first year.
- Visa Airport Companion Program: Gain access to airport lounges and exclusive travel experiences.
TLDR:
$1,450 in First year value as follows:
45,000 Aventura valued at $900 in travel, $139 in first year annual fee rebate for primary user, $50 in first year annual fee rebate for additional/secondary user, $277 value for Visa Airport Companion Program which includes 4 complimentary lounge access and a reduced lounge access fee thereafter and $100 in NEXUS application fee rebate.
Insurance:
- Mobile Device Insurance
- Hotel Burglary Insurance
- Trip Cancellation and Trip Interruption Insurance
- Out-of-Province Emergency Travel Medical Insurance
- Flight Delay and Baggage Insurance
- Auto Rental Collision and Loss Damage Insurance
- $500,000 Common Carrier Accident Insurance
- Purchase Security & Extended Protection Insurance
To qualify for the CIBC Aventura® Visa Infinite Card*, applicants must meet the following requirements:
Eligibility Criteria:
- Minimum Income Requirement:
- Personal income: $60,000 or
- Household income: $100,000
- Credit Score:
- A good to excellent credit score (typically 700+ recommended). Although approval is based on various factors.
- Residency Status:
- Must be a living in Canada and a Canadian permanent resident
- Age Requirement:
- Must be the age of majority in your province or territory.
- Other Financial Factors:
- A stable income source and manageable debt-to-income ratio.
- No recent bankruptcies or major credit delinquencies.
Additional Benefits:
CIBC cardholders have access to following:
Exclusive Skip+ benefits:
- 12 months of free Skip+ subscription
- $15 off 3 orders of $30 or more
- Lower monthly fee of $6.99 instead of $9.99
Chevron Gas/Journie Rewards:
- 3 cents per litre every time upon fill up
- 7 cents per litre after accumulating 300 Journie points
After the welcome bonus ends you will earn:
2 Aventura points for every $1 spent in travel booked through CIBC Rewards Centre
1.5 Aventura points for every $1 spent at gas stations, electric vehicle stations, grocery stores and drug stores
1 Aventura points for every $1 spent on the card