As we told you a few weeks ago, CIBC today, October 15, 2018, added new benefits for some of its cardholders. Explanations.
New benefits for select CIBC credit cardholders
New benefits are available as of October 15, 2018 for holders of:
- The CIBC Aventura Gold Visa Card
- The CIBC Aventura Visa Infinite Card
- The CIBC Aventura World Mastercard
- CIBC World Elite Mastercard
Priority Pass lounges access
CIBC offers 4 annual accesses to the above mentioned credit cards.
- If you have a Visa / Visa Infinite card, you will have to register directly on this page.
- If you have a World / World Elite Card, you will need to obtain a code from your CIBC Rewards account and register on this page.
Free Nexus membership
With one of the credit cards listed above, you can receive a discount on the NEXUS membership fee once every 4 years.
Simply pay your application fee with your eligible Aventura Card to take advantage of this exclusive benefit. Applications submitted on or after October 15, 2018 are eligible for this discount.
Insurance improvements
Finally, CIBC is improving insurance on most of its cards:
- Insurance for mobile devices
Get up to $1, 000 in coverage in the event of loss, theft or accidental damage to your mobile device. Simply pay for your mobile device (cell phone, smartphone, tablet, smartwatch, etc.) with your eligible Aventura credit card.
- Hotel Burglary Insurance
Charge the total cost of your accommodation to your eligible Aventura credit card and receive a up to $2,500 in coverage in case of loss or damage to your personal belongings (excluding cash) as a result of a burglary in your room while you are registered as a guest.
- Enhanced trip cancellation insurance
You, your spouse and dependent children are covered by trip cancellation insurance for up to $1,500(previously limited to $1,000) per trip for each insured person, up to a maximum of $5,000 per trip for all insured persons, if you pay for your trip with your eligible Aventura Card.
Bottom Line
So it’s a great day for some CIBC cardholders! It’s always interesting and appreciated to see a credit card issuer adding benefits… rather than taking them away! All information related to these new benefits and questions and answers are available on this CIBC page.
Come and discuss all this in the facebook group “Travel for free (or almost…!) with your points & miles – milesopedia”!
Come to discuss that topic in our Facebook Group!
