CIBC Aventura Credit Card Offers Worth $500+

In addition to Aeroplan credit cards, CIBC has also come out with updates to its in-house Aventura line of credit cards.

These offers have an open-ended expiry date, and are valid as of June 1, 2023. Let’s take a closer look at what’s currently available.

CIBC Aventura Visa Infinite & Visa Gold: 40,000 Aventura Points

CIBC’s core in-house rewards product, the CIBC Aventura Visa Infinite Card, is presently offering 40,000 Aventura points and an annual fee waiver for the first year.

The welcome bonus is structured as follows:

• 20,000 Aventura points upon first purchase
• 20,000 Aventura points upon spending $1,000 in the the first four months

This isn’t amongst the strongest offers CIBC has put forward on the Aventura Visa Infinite over the years. At the same time, the minimum spending requirement to unlock the full bonus is quite attainable, and as long as you spend $250 in each of the first four months, you’ll have fulfilled all the requirements.

Likewise, with the ongoing ability to redeem Aventura points for 1.25 cents per point (cpp) against pending travel purchases extended through to March 31, 2024, 40,000 Aventura points can go a long way towards offsetting expenses from a trip that you can’t otherwise book with points.

When it comes to daily spending, the card awards modest rewards on everyday purchases:

• Earn 2 Aventura points per dollar spent on travel booked via the CIBC Travel Rewards Centre
• Earn 1.5 Aventura points per dollar spent on gas, groceries, and drugstore purchases
• Earn 1 Aventura point per dollar spent on all other purchases

As a cardholder, you’ll also get a DragonPass membership with four lounge passes for you and your guests (including access to airport restaurants and experiences), as well as a NEXUS application fee rebate.

Applicants must have at least $60,000 in annual personal income, or $100,000 in annual household income to be eligible.

If you don’t meet the income threshold of the Visa Infinite, you could instead apply for the CIBC Aventura Gold Visa Card as long as your income is over $15,000, with an equivalent welcome offer.