CIBC Aeroplan® Visa* Business Card

CIBC Aeroplan® Visa* Business Card

Earn up to 60,000 Aeroplan† points. Plus, get a first-year annual fee rebate!† Get a Buddy Pass to bring anyone along, anywhere Air Canada flies in North America, including Hawaii and Mexico in Economy class‡

Welcome Bonus

Up to 30,000 points + Air Canada Buddy Pass

Best For

Value
Year 1

$1315

Years 2 and +

$355

Annual Fee

$180

First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates

12.99 %

Cash Advance Rates

14.5 %

Balance Transfer Rates

Your Monthly Spending

Offer

Offer
  • Get a total of up to 60,000 Aeroplan points (up to $1,200 in value†):
    • 10,000 Aeroplan points when you make your first purchase†.
    • 20,000 Aeroplan points when you spend $3,000 or more during your first 4 monthly statement periods†.
    • 30,000 Aeroplan points when you spend $35,000 or more during the first year†.
  • Get a one-time annual fee rebate ($180) for you (the primary cardholder) and up to three authorized users ($50 each): over $170 value†.
  • Earn a Buddy Pass‡ to bring anyone along for a $0 base fare anywhere Air Canada flies in North America, including Hawaii and Mexico, in Economy class‡: a $350 value†.
    • Bring along a friend! As a new cardholder, your Air Canada Buddy Pass† can score you a second ticket when you book an economy ticket. On the second ticket, you only pay the taxes and third-party charges.
    • You’ll receive the pass when you spend $3,000 or more on your card during the first 4 monthly statement periods and have a whole year to use it†.
  • Enjoy a free first checked bag†: a $120 value for 2 travellers for each round-trip flight, assuming you take one round-trip Air Canada flight in the first year†.
  • Plus, enjoy Maple Leaf Lounge access: a $100 value†.

Fees & Conditions

Personal Income $35,000
Household Income $35,000
Annual Fee $180
First Year Annual Fee Rebate
First Additional Card $50
First Year Annual Fee Rebate - First Additional Card
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 12.99%
Cash Advance Rates 14.5%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First Year Annual Fee Rebate
-
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Welcome Bonus Up to 30,000 points + Air Canada Buddy Pass
Minimum Spending Required $3,000
Minimum Spending Timeframe 120 day(s)

Earnings

All Spending 1 point
Drugstores 1 point
Groceries 1 point
Convenience Stores 1 point
Gas 1.5 points
Telecom/Internet 1.5 points
Local Transport 1.5 points
Streaming services 1 point
Dining and Food delivery 1.5 points
Online transactions 1 point
Recurring Payments 1 point
Office Supplies 1 point
Travel 1 point
Entertainment 1 point

Insurance

Common Carrier Travel Accident Insurance Amount $500,000
Flight Delay Insurance Amount $500
Delayed Baggage Amount $500
Lost/Stolen Baggage Insurance Amount $500
Trip Cancellation Insurance Amount Per Person $1,500
Trip Interruption Insurance Amount Per Person $2,000
Travel medical insurance up to 64 years old - Amount $5,000,000
Travel medical insurance up to 64 years old - Duration 15 day(s)
Travel medical insurance 65+ - Amount $5,000,000
Auto Rental Loss/Insurance - Amount MSPP $65,000
Hotel/Motel Burglary Insurance - Amount $2,500
Purchase Protection
Purchase Protection - Duration 90 day(s)
Travel Medical Insurance
Extended Warranty
Extended Warranty - Duration 1 year
Insurance Document Learn More