September 8, 2022 update: Promotion extended to December 31, 2022! Previously, the promotion was supposed to end on September 15, 2022.
Through December 31, 2022, you can redeem 50% fewer points when using the Shopping with Points option for any travel purchase.
All you have to do is :
- Book any travel on your credit card
- Select the travel purchase in your credit card transactions
- Select “Redeem with Points“.
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) :
|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:
- Rental cars
- And more!