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CIBC Aventura: Redeem 50% fewer points for any travel!

To the point Until September 15, 2022, redeem 50% fewer Aventura points when you book any trip with your credit card.

Update May 17, 2022: Promotion extended to September 15, 2022! Previously, the promotion ended on June 15, 2022.

CIBC is running an exciting promotion as part of its CIBC Aventura program.

Through September 15, 2022, you can redeem 50% fewer points when using the Shopping with Points option for any travel purchase.

cibc promo redemption en

All you have to do is :

  • Book any travel on your credit card
  • Immediately after, select the travel purchase in your pending credit card transactions
  • Select “Redeem with Points“.

Please note: The transaction must be in Canadian dollars. A transaction with a foreign currency does not work.

Usually, this option is not very useful because you only get a $50 credit when redeeming 8,000 points (a value of 0.625 cents per point – while we value the Aventura point at 1.2 cents) :

Use Value
Fixed reward chart for flights 2.3 ¢ / point
Trips booked and paid for with the card 1¢ / point
Donations 1¢ / point
CIBC Investment Products 0.83 ¢ / point
Gift cards 0.71 ¢ / point
Merchandise 0.71 ¢ / point
Statement credit 0.63 ¢ / point
Value according to Milesopedia 1.2 ¢ / point

This means that you can earn double the value of your Aventura Points: 8,000 points = $100 (a value of 1.25 cents per point). Best of all, you can use your points for any travel purchase booked with your Aventura credit card , from any supplier:

  • Flights
  • Hotel
  • Rental cars
  • Airbnb
  • And more!
Best Tips for Finding Your Airbnb Rental

For example, if you signed up for the CIBC Aventura® Visa Infinite* Card or the CIBC Aventura® Gold Visa* Card and earned the 40,000 welcome bonus points, that’s $500 towards any travel purchase!

Not bad for a card with no annual fee in the first year (and 4 complimentary airport lounge visits)!

Come to discuss that topic in our Facebook Group!

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