Over 50% of Canadians long to travel to more destinations in the coming year. We love the sights, new cultures, disconnecting, and relaxing. Unfortunately, vacations can be expensive and difficult to plan.
But what if there was a way to make travelling easier and less expensive? Well, there is! The CIBC Aventura Visa Infinite card is here to make your trip planning a little simpler.
Read on to learn about the CIBC Aventura Visa Infinite card and why it's the right choice for adventurers.
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CIBC Aventura Visa Infinite Card
- Annual Fee: $139 (first year is rebated)
- Eligibility: Canadian resident, age of majority and minimum income requirements
Special Offer
The CIBC Aventura Visa Infinite card has an incredible welcome offer for travel lovers! You can earn 35,000 points in your first year, equating to about $800 that you can spend on your next vacation.
You'll receive 20,000 points once you make a purchase that meets the requirements. On top of that, you can earn 15,000 points if you spend $1,000 or more per month in the first 12 months. Snowbird travellers can also enjoy a NEXUS application fee rebate.
For those who love to travel in style, you're in luck! One of the CIBC Aventura card benefits is a Priority Pass Membership. You can use this to access over 1,300 travel lounges, and you'll get four free entrances per year.
Features and Benefits
For 82% of Canadians, rewards are a high priority when choosing a new credit card. We think you'll be very happy with CIBC Aventura's features. Cardholders can enjoy a long list of premium travel benefits.
Flexible Travel Bookings
The card allows total flexibility when booking travel. Your points never expire, and there are no blackout dates for travelling. You can also use your points to cover any taxes and fees related to your booking, which is rare for a rewards card!
Aventura Travel Assistant
An excellent complimentary feature is the Aventura Travel Assistant, a full-service travel agency. You can use them to book any transportation, hotel, and car rentals. Simplify your vacations by reserving tours, experiences, and passes through the Aventura Travel Assistant as well.
Travel Insurance
If you've ever wondered whether travel insurance is necessary, the answer is yes. Luckily, the Aventura card provides travel insurance for cardholders and dependents. Some of the coverage benefits you'll enjoy are:
- Emergency Medical Insurance
- Flight Cancellation or Interruption
- Rental Car Accident or Damage Coverage
- Delayed Flight Insurance
- Lost Baggage Insurance
- Hotel Burglary Coverage
- Standard Carrier Accident Insurance
With the CIBC Aventura Visa Infinite card, no matter which type of trip you take, you know it'll be a safe one. So go ahead, try ziplining in Costa Rica or cliff jumping in Jamaica!
Mobile Device Insurance
Buy a new device for under $1000 with your new credit card and get two years of coverage. The Mobile Device Insurance will protect against loss, theft, or accidental damage.
Purchase and Protection Insurance
Cardholders get free purchase insurance for 90 days on all new items paid for by the Aventura card. In the event of loss, theft, or damage, you'll receive the refund amount or a replacement item. Cardholders also get the benefit of extended protection on purchases, usually up to one year past the manufacturer's warranty.
Visa Infinite Concierge
Your personal concierge is available 24 hours a day, seven days a week. Ask them to make dinner reservations or recommend the best Thai restaurant in the city. Have trouble finding your favourite wine? They can locate it for you. The Visa Infinite Concierge can handle anything you need!
Save at the Pumps
If you're a Journie rewards member, link it to your CIBC card to maximize savings. You'll save up to 10 cents a litre at the pumps when you use both. These savings can be enjoyed at any Pioneer, Ultramar, or Chevron station.
Who Is the Card For?
The CIBC Aventura card features are perfect for Canadians on the go. Consider this card if you often travel for business or love taking family vacations.
Even if you're not a frequent traveller, you can redeem points for merchandise and gift cards. And the Aventura points build up quickly if you like to spend. So people who use their credit cards for daily purchases will appreciate the benefits.
Rates and Fees
The annual fee is $139, but CIBC Smart Plus account holders can enjoy annual rebates. If you don't have the Smart Plus account, you can still get a one-time rebate in your first year. You can also add up to three extra users for a $50 fee for each card.
Interest rates are standard at 20.99% for purchases and 22.99% (21.99% for Quebec residents) for cash advances. You'll also pay 22.99% annual interest on any balance transfers.
Eligibility Requirements
The card eligibility requirements are a minimum annual income amount. Individuals need to make over $60,000, and households must pass the $100,000 mark. Of course, you'll also need to be a Canadian resident and over the age of the majority.
Earning and Redeeming Points
The best part of the Aventura card is the travel benefits! Luckily, CIBC makes it easy for you to earn and redeem your points on travel and more.
How to Earn Points
Watch your points balance soar as you use your Aventura card for daily transactions. Use the card for purchases like coffee, groceries, and gas to earn points. Booking plane tickets, hotels, and car rentals through CIBC's Rewards Centres can also be very rewarding!
With the CIBC Aventura Visa Infinite Card, for every dollar you spend you'll get:
- 1.5 points at participating gas stations, markets, and pharmacies
- 1 point on any other purchases
- 2 points for travel bookings through the CIBC's platform
Imagine jetting off to Europe only to find that you've earned a free trip to New York. The possibilities are endless!
How to Redeem Points
The easiest way to redeem points is through the Rewards Centre. You can book flights, pay for hotels, and even cover taxes with your Aventura points. Plus, when you book through the centre, you'll never pay extra booking fees.
You can use the Aventura Points Flight Finder to find deals and flights to any destination. If you're in Toronto, use 30,000 points to jet off to the sunny beaches of Fort Lauderdale. Or explore your own country by hopping over to Montreal for 10,000 points.
You can also redeem points in the Reward Centre for gift cards, merchandise, or experiences. Other ways to redeem include:
- Put points towards your card balance
- Pay off pending transactions
- Make payments towards personal loans and lines of credit
- Make contributions to CIBC TFSA and RRSP savings accounts
With the CIBC Aventura card, redeeming points is simple. The hard part will be deciding if you want to hit the beaches of Mexico for a week or enjoy a night out in Old Montreal!
How Does It Compare to Other Top Competitors?
We're here to help you make an informed decision. So, we've compared the CIBC Aventura card against two other similar travel rewards credit cards.
CIBC Aventura Visa Infinite
- Welcome Points: up to 35,000 points
- Annual Fee: $139
- Eligibility: $60,000 personal/$100,000 household income, Canadian resident over the age of majority
- Rewards: 1.5 points/dollar at eligible retailers, 1 point/dollar everywhere else, and 2 points/dollar at the CIBC Rewards Centre
RBC Avion Visa Infinite
- Welcome Points: 35,000 points
- Annual Fee: $120
- Eligibility: $60,000 personal/$100,000 household income, Canadian resident over the age of majority
- Rewards: 1 point for every dollar spent
TD Aeroplan Visa Infinite
- Welcome Points: Up to 25,000 Aeroplan points, a Buddy Pass, and no first-year annual fee
- Annual Fee: $139
- Eligibility: $60,000 personal/$100,000 household income, Canadian resident over the age of majority
- Rewards: 1.5 points/dollar on gas, groceries, and Air Canada purchases, 1 point/dollar for all other transactions, and 2 points/dollar at Aeroplan partners
Want more options? Head over to our comprehensive comparison tool to find the perfect card for your lifestyle.
Pros and Cons
So far, we've reviewed all the features and benefits of the CIBC Aventura Visa Infinite. Now, let's a quick look at the pros and cons of this card.
Pros
- 20,000 points for joining
- 15,000 extra for spending $1,000 per month
- Annual fee rebated in the first year
- Premium travel rewards
- Mobile Device Insurance
- Free NEXUS pass
- Great for frequent travellers
Cons
- High annual fee
- Minimum income eligibility
- Limited benefits for infrequent travellers
Maybe travel isn't your first priority, but you still want to enjoy the benefits of a rewards credit card. Even if you take a vacation or two a year, the pros still make this card worth it.
The Reviews
The CIBC Aventura Visa Infinite card is a strong option in the premium travel rewards category. Users love the hefty welcome package and the ease of collecting points.
Travel lovers appreciate the airport lounge access and excellent insurance. Plus, with such a simple booking system, the next trip is never far away.
At Insurdinary, we're travellers and avid points collectors too. That's why we understand the importance of insurance for every aspect of life. Get a free quote today for all of your insurance needs.
