CIBC Aventura: Everything You Need to Know 2024

CIBC Aventura

Earn CIBC Aventura Points

CIBC lets you earn Aventura Points primarily through its credit cards. There are four CIBC Aventura credit cards: three CIBC Aventura credit cards for consumers and one for SMEs. You will find the details below.

The earning rate is quite simple: $1 spent = 1 Aventura Point earned.

Spending at gas stations, grocery stores and drugstores earns 1.5 Aventura Points for every dollar spent.

CIBC Rewards travel purchases earn 2 Aventura Points for every dollar spent.

CIBC Aventura credit cards such as the CIBC Aventura^® Visa Infinite* Card or the CIBC Aventura^® Gold Visa* Card offer you CIBC Aventura points as a sign-up bonus. The financial institution regularly runs First-Year Free offers.

Redeeming CIBC Aventura Points

We will not mention the redemption of Points for various products purchased through the CIBC Rewards portal because, as in other programs, this is an inferior use of Points.

You can redeem your points to purchase a flight.

The number of points varies depending on the destination: for example, a short-haul flight can range from 10,000 to 20,000 Aventura Points with a maximum value of $400. If you can get that kind of return (10,000 points for $400), you get a 4% return which is excellent.

These tickets apply to Economy class flights only.

Taxes are extra and must be paid in cash or at the rate of 100 Aventura Points = $1.

If you don’t have the necessary amount of Aventura Points, you can purchase additional points up to 20% of the amount needed. But as with other programs, the price – 3 cents a point – is not very attractive again.

Finally, it is possible to make a mixed purchase, point and cash, but the redemption rate is fixed: 100 points = $1. The 1% cash back rate is therefore restored.

Finally, you can redeem your Aventura points to reduce your credit card balance, but the rate is not very interesting: 4000 points for $25, which is a 0.6% return.

CIBC Aventura Credit Cards

There are six CIBC Aventura credit cards for consumers:

The two best-known CIBC Aventura credit cards are:

CIBC Aventura^® Visa Infinite* Card

The CIBC Aventura® Visa Infinite* Card is one of the best Visa credit cards with travel rewards.

CIBC has an offer with which you can earn up to 45,000 Aventura points:

15,000 Aventura Points when you make your first purchase^†
30,000 Aventura Points if you spend $3,000 or more in the first 4 monthly statement periods^†

In addition, you can benefit from a rebate on the first year’s annual fee for the primary card holder ($139 value) and up to three authorized users ($50 each).

With this CIBC Aventura Credit Card, you get:

2 points for every $1 spent on travel purchased through the CIBC Rewards Centre^†
1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores^†
1 point for every $1 spent on all other purchases^†

The CIBC Aventura® Visa Infinite* Card also offers:

Airport lounges access: Visa Airport Companion Program membership with 4 complimentary visits per year
Reimbursement of NEXUS membership fees ($100 value)

The minimum annual income required for this card is $60,000 (personal) or $100,000 (household).

CIBC Aventura^® Gold Visa* Card

If you don’t meet the income requirements for the CIBC Aventura® Visa Infinite* Card, you can apply for the CIBC Aventura® Gold Visa* Card. The minimum annual income required for this card is $15,000 (household).

CIBC has a digital offer with which you can earn up to 45,000 Aventura points :

15,000 Aventura Points when you make your first purchase^†
30,000 Aventura Points when you spend $3,000 or more in the first 4 monthly statement periods^†

In addition, you can benefit from a rebate on the first year’s annual fee for the primary card holder ($139 value) and up to three authorized users ($50 each).

With this CIBC Aventura Credit Card, you get:

2 points for every $1 spent on travel purchased through the CIBC Rewards Centre^†
1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores^†
1 point for every $1 spent on all other purchases^†

The CIBC Aventura® Gold Visa* Card also offers:

Access to airport lounges: one Visa Airport Companion Program membership and 4 free visits per year
Reimbursement of NEXUS membership fees ($100 value)

CIBC Aventura^® Visa* Card

The CIBC Aventura® Visa* Card is one of the best no-fee Visa credit cards with travel rewards in Canada.

Get up to 10,000 Aventura Points (up to $100 in travel value^†)

2,500 Aventura Points when you complete all five activities within 60 days of your CIBC Aventura® Visa* account approval.^†
7,500 Aventura Points after you make your first purchase within first 4 months.^†

With this no annual fee CIBC Aventura Credit Card, you get:

1 point for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores^†
1 point for every $1 spent on travel purchased through the CIBC Rewards Centre
1 point for every $2 spent on all other purchases

And this no-annual-fee CIBC Credit Card offers some insurance coverage:

Auto Rental Collision and Loss Damage Insurance
$100,000 Common Carrier Accident Insurance
Purchase Security and Extended Protection Insurance

CIBC Aventura^® Visa* Card for Students

The CIBC Aventura® Visa* Card for Students is one of the best travel rewards Visa credit cards for students in Canada.

Get up to 10,000 Aventura Points (up to $100 in travel value^†):

2,500 Aventura Points when you complete all five activities within 60 days of your CIBC Aventura® Visa* account approval.^†
7,500 Aventura Points after you make your first purchase within first 4 months.^†

With this CIBC Aventura Student Credit Card, you get:

1 point for every $1 spent on travel purchased through the CIBC Rewards Centre^†
1 point for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores^†
1 point for every $2 spent on all other purchases^†

What’s more, with this CIBC Student Credit Card, you benefit from a free free membership to SPC, for instant savings on over 450 in-store and online transactions. And this CIBC Student Credit Card offers some insurance coverage:

Auto Rental Collision and Loss Damage Insurance
$100,000 Common Carrier Accident Insurance
Purchase Security and Extended Protection Insurance

Frequently asked questions about the CIBC Aventura program

What is the CIBC Aventura program?

The CIBC Aventura program is a CIBC loyalty program that allows Aventura credit cardholders to earn points on their spending. These points can be redeemed for various rewards, including flights, hotel stays, etc.

How do I get a CIBC Aventura credit card?

To get a CIBC Aventura Credit Card, you can apply online via Milesopedia, redirecting you to CIBC’s secure website, or visit a CIBC branch to complete an application in person. The offers on the Milesopedia site are generally more attractive than those offered directly by CIBC.

What are the advantages of the CIBC Aventura<sup>®</sup> Visa Infinite Privilege Card?

The CIBC Aventura^® Visa Infinite Privilege* Card offers exclusive benefits such as higher point accumulation rates, enhanced airport experiences, and comprehensive travel insurance options.

How does travel insurance with CIBC Aventura work?

CIBC Aventura Credit Cards offer various travel insurance options, including travel medical and trip cancellation insurance. Details of the amount and duration of coverage vary by card.

How can I use my Aventura points?

You can use your Aventura Points to purchase airline tickets, hotel stays and other rewards through the CIBC Rewards Centre. The number of points required varies according to the reward.

Are CIBC Aventura Rewards points flexible?

CIBC Aventura Rewards Points offer great flexibility. You can redeem your points using the CIBC Aventura Airline Rewards chart for optimum value or other options such as gift cards, statement credits and financial products.

How many Aventura points can I earn?

The standard accumulation rate is 1 Aventura point for every dollar spent. However, spending in specific categories such as gas stations, grocery stores and drugstores earns 1.5 Aventura points per dollar spent.

Are there any first-year promotions on CIBC Aventura cards?

Yes, CIBC regularly offers promotions for new Aventura credit card memberships, including first-year annual fee refunds and sign-up bonus points.

What about statement credits with CIBC Aventura Points?

You can redeem your Aventura points for statement credits to your credit card balance. However, the reimbursement rate is generally not very advantageous, with a return rate of 0.6%.

Can I use my Aventura points for car rentals?

Although not explicitly stated, Aventura points are generally flexible and can often be used for car rentals, flights, and hotel stays.

Are there any date restrictions for using CIBC Aventura Rewards?

No, there are no date restrictions. You can redeem your CIBC Aventura Points for reservations at any time, subject to availability.

Is there a validity period for CIBC Aventura Reward Points?

CIBC Aventura Rewards Points are valid as long as your credit card account is in good standing. If you decide to close your credit card account, you will have a 60-day window to redeem any remaining Aventura Points.

Can CIBC Aventura Rewards Points be used to cover additional costs such as taxes and fees?

Yes, your CIBC Aventura Points can be applied to cover additional costs such as taxes and fees. However, if you book a flight using the Aventura flight award chart, your points can only be used for the base fare of the flight.

Can CIBC Aventura Reward Points be transferred to other loyalty programs?

No, you cannot transfer CIBC Aventura Points to another program such as Aeroplan.

Is there a way to earn CIBC Aventura Rewards points faster?

The only way to earn CIBC Rewards Points faster is to use a CIBC Aventura Credit Card. Pay attention to the bonus categories of your card like the CIBC Aventura^® Visa Infinite* Card and use it for as many purchases as possible to increase your CIBC Aventura Points accumulation speed.

What are the terms and conditions of the CIBC Aventura program?

The terms and conditions of the CIBC Aventura program vary depending on the card you hold. It is important to read the terms and conditions to understand the limitations, fees and redemption options.