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CIBC Aventura: Redeem 35% fewer points for any trip!

To the point Redeem 35% fewer Aventura points when you book any trip with your credit card thanks to this promotion.

CIBC Aventura promotion: Redeem 35% fewer points for any trip

***Update October 2, 2024: This promotion is now 35%.

**** Update March 25, 2024: This 50% off Shopping with Points promotion no longer has a cut-off date. However, the conditions state that it may be terminated at any time. In the meantime, enjoy!

Update May 15, 2023: Promotion extended to March 31, 2024! Previously, the promotion ended on July 16, 2023.

CIBC is running an exciting promotion as part of its CIBC Aventura program. For several months, it was 50% less points. It is now 35% as of today.

So you can redeem 35% fewer points using the Shopping with pointsfor any travel purchase.

This offer is only valid on travel transactions made in Canadian dollars.

magasinage avec points CIBC

CIBC Aventura Points Redemption Process

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“.
Aventura

Usually, this option is not very advantageous, since it allows you to use 16,000 points for a $100 credit (a value of 0.625 cents per point – whereas we value the Aventura point at 1.2 cents):

Application Value
Fixed-price airline tickets 2.3 ¢ / point
À la carte Travel reservations 1 ¢ / point
Donations 1 ¢ / point
CIBC Investment Products 0.83 ¢ / point
Gift cards 0.71 ¢ / point
Goods 0.71 ¢ / point
Statement credit 0. 63¢ / point
Value retained by Milesopedia 1.2 ¢ / point

With this 35% less Aventura points promotion, you can get a value for your Aventura points: 10,400 points = $100 (a value of about 1 cent 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!

In this article, we explain how to use CIBC Aventura Points for a cheap trip! Especially after getting our exclusive offer for one of the CIBC Aventura Credit Cards.

Exclusive CIBC Aventura offer

If you’ve signed up for our exclusive offer on the CIBC AventuraMD Visa Infinite* Card or CIBC AventuraMD Gold Visa* Card, and earned the welcome bonus of 45,000 points, that’s $900 towards any travel purchase! Like an all-inclusive trip.

And if you get both credit cards during the promotion (and via our exclusive offer), that’s over $900 toward any travel purchase. If there are several people in your household, apply for this card to lighten your travel bill with points!

Not bad for credit cards with a first-year annual fee rebate (and four airport lounge visits each)!

Here are the features of these two CIBC Aventura Credit Cards:

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
  • Refund of NEXUS application fees ($67 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
  • Refund of NEXUS application fees ($67 value)

 

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Jean-Maximilien Voisine
Jean-Maximilien is an expert in Canada and France about Loyalty programs, Credit cards and Travel. He is the Founding President of Milesopedia.

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