Ratesopedia

Pros

  • First Year Annual Fee Rebate ($180 annual fee rebated)
  • Welcome Bonus: 75,000 points
  • Purchase protection included
  • Travel medical insurance included

Cons

  • Foreign Transaction Fee (2.5%)
  • No airport lounge access despite fee

Our Review

Get up to 70,000 Aventura points (a value of up to $1,600 for your travels):

  • A welcome bonus of 20,000 Aventura points when you make your first purchase.
  • An additional bonus of 10,000 Aventura points when you make your first purchase within the first 4 monthly statements
  • 40,000 Aventura points when total spending of $35,000 or more is charged to the account within the first 12 statements

Plus, get a one-time annual fee rebate for the primary cardholder (up to $180) and three authorized users ($50 each): a benefit valued at up to $330

Rewards

All Spending

1x

CIBC Aventura pts per dollar

Travel

1.5x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

1.2¢/ point
0.60¢3.6¢
Travel1.5x
$140/month
Groceries1x
$400/month
Restaurants1x
$160/month
Gas1x
$300/month
Telecom1x
$300/month
All other spending1x
$700/month

Points Earned

24,840

CIBC Aventura/yr

Estimated Value

$298

After Fees

+$298

1st Year Value

$1,198

incl. welcome bonus

Annual rewards breakdown

Travel$1,680/yr × 1.5x2,520 pts
Groceries$4,800/yr × 1x4,800 pts
Restaurants$1,920/yr × 1x1,920 pts
Gas$3,600/yr × 1x3,600 pts
Telecom$3,600/yr × 1x3,600 pts
All other spending$8,400/yr × 1x8,400 pts
Total annual spend$24,000
Monthly spend$2,000
Average earn rate1.04x
Total points earned24,840 pts

Travel Insurance

Travel Medical

Up to $5,000,000 / 15 days

Trip Cancellation

Up to $1,500

Trip Interruption

Up to $2,000

Delayed Baggage

Up to $500

Lost Baggage

Up to $500

Flight Delay

Up to $500

Hotel Burglary

Up to $2,500

Travel Accident

Up to $500,000

Purchase Protection

Purchase Protection

Included

Extended Warranty

+1 year(s)

Auto Rental

Up to $65,000 / 48 days

Interest Rates

  • Purchase Rate
    21.99%
  • Cash Advance
    21.99%
  • Foreign Transaction Fee
    2.5%

Eligibility

Personal Income

$35,000

Household Income

$35,000

Terms & Conditions

Card Features

Get up to 70,000 Aventura points (a value of up to $1,600 for your travels):

  • A welcome bonus of 20,000 Aventura points when you make your first purchase.
  • An additional bonus of 10,000 Aventura points when you make your first purchase within the first 4 monthly statements
  • 40,000 Aventura points when total spending of $35,000 or more is charged to the account within the first 12 statements

Plus, get a one-time annual fee rebate for the primary cardholder (up to $180) and three authorized users ($50 each): a benefit valued at up to $330

Related Cards

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