In addition to their Aeroplan credit cards, CIBC has also come out with major updates to their in-house Aventura line of credit cards this quarter.
These offers have an open-ended expiry date and are valid as of November 1, 2022, so let’s take a closer look.
CIBC Aventura Visa Infinite: 35,000 Aventura Points
CIBC’s core in-house rewards product, the CIBC Aventura Visa Infinite Card, is offering 35,000 Aventura points with an annual fee waiver for the first year.
The welcome bonus is awarded as follows:
- 15,000 Aventura points upon first purchase
- 20,000 Aventura points upon spending $1,000 in the the first four months
While not an all-time high, this is still one of the better offers CIBC has put forward on the Aventura Visa Infinite over the years. Combined with the ongoing ability to redeem Aventura points for 1.25 cents per point (cpp) against pending travel purchases through December 31, 2022, 35,000 Aventura points is worth a minimum of $437.50.
Normally, 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.
- Earn
15,00015,000 CIBC Aventura points after making your first purchase - And, earn 20,000 CIBC Aventura points after spending $1,000 in the first 4 months
- Plus, earn 2x CIBC Aventura points on all purchases through the CIBC Rewards Travel Centre
- Plus, earn 1.5x CIBC Aventura points on gas, groceries, and drugstore purchases
- DragonPass membership with four free lounge visits per year
- NEXUS application credit
- Minimum income: $60,000 personal or $100,000 household
- Annual fee: $0 for the first year, then $139
CIBC Aventura Visa Gold: 35,000 Aventura…
Click Here to Read the Full Original Article at Prince of Travel…