CIBC Aeroplan Credit Cards: 7x Points on Travel Purchases!

From now until May 31, 2023, CIBC Aeroplan cardholders can earn seven times the usual Aeroplan points on Air Canada and other travel purchases, up to a spending limit of $2,000 (CAD) on the core, premium, and small business CIBC Aeroplan co-branded cards. 

Register for the Offer

All four CIBC Aeroplan co-branded cards are eligible for this promotion:

Registration is required at this link, and cardholders ought to have received emails letting them know to register.

You should get a confirmation email as a result:

Earn 7x Aeroplan Points on Air Canada and Other Travel

After registering, cardholders can earn points at 7x their usual earning rate on Air Canada and other travel purchases through May 31, 2023.

Eligible travel purchases for include “Air Canada airlines, car rental agencies and hotels”. You can earn bonus points on up to $2,000 (CAD) purchases in these categories made with the core, premium, and small business CIBC Aeroplan cards, or up to $1,000 (CAD) for the no-fee CIBC Aeroplan Visa Card. If you hold multiple cards, you’d be eligible to earn bonus points up to the maximum limit on each one. 

For example, the CIBC Aeroplan Visa Infinite Card normally earns 1.5x points on Air Canada, but only 1x points on other travel purchases.

With this 7x bonus in play, the new earning rates would be 10.5x and 7x on Air Canada and other travel purchases, respectively – and the effective incremental earning rate would be 9x and 6x on Air Canada and other travel purchases, respectively.

Thus, if you’re using the entire $2,000 limit on Air Canada flights, you’re getting your base earnings of 3,000 points, plus a bonus of 18,000 points.

Conversely, if you’re using the limit entirely on other travel purchases alone, you’d be getting your base earnings of 2,000 points, plus a bonus of 12,000 points – still a considerable amount of points on travel purchases you might need to make anyway.

Similarly, consider the CIBC Aeroplan Visa Infinite Privilege Card, which normally earns 2x points on Air Canada. With a septupled earning rate of 14x, and therefore an effective 12x incremental earning rate under this promotion, you could receive 24,000 bonus points if you choose to spend the $2,000 maximum on Air Canada flights…