Many Canadians ranked CIBC Aventura Visa Infinite Card as one of Canada’s best travel reward cards. It currently offers a welcome bonus that gives you over $1250 in value plus a first year annual fee rebate.
The card has fantastic reward points that you can earn in several ways. You can use your points to book flights, car rentals and make hotel reservations. And the best part is that there are no blackout dates or seat restrictions when using points for airline purchases.
Want to know more about the CIBC Aventura® Visa Infinite* Card? Check out this review.
CIBC Aventura Visa Infinite Card Key Features
- $139 annual fee (Waived the first year)
- Free airport lounge access
- 20.99% Ongoing Purchase APR
- 22.99% Ongoing Balance Transfer APR
- 22.99% Cash Advance APR
- Comprehensive travel insurance
- Apply here
CIBC Aventura Visa Infinite Card Benefits
1. A generous welcome bonus
The card offers an exciting welcome bonus for new cardholders worth $1250. Here’s a breakdown of how you can earn the $1250 bonus.
When you make your first purchase, you will 20,000 Aventura points. After that, you earn 15,000 points after spending $1000 or more monthly for the first year and 5,000 points as an additional anniversary bonus. These points, if added up, will be equal to 40,000 points ($850 in travel value).
In addition, new users will receive a one time annual fee rebate of $139 and up to three authorized users ($50 each) for a total value of more than $189.
That’s not all. You will also get a Priority Pass membership and four complimentary trips to over 1,300 airport lounges per year. This is worth over $200 in value. And finally, you will get a NEXUS Application Fee rebate worth $50 in value.
2. Save on gas with CIBC and Journie Rewards
By linking and using your CIBC Aventura Visa Infinite Card with Journie Rewards, you can save up to 10 cents per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.
3. Comprehensive travel insurance benefits
The CIBC Aventura® Visa Infinite* Card offers comprehensive travel insurance that frequent travelers would anticipate. Some of these insurance benefits are:
- Flight Delay and Baggage Insurance,
- $500,000 common carrier Accident insurance,
- Trip cancellation/trip interruption insurance,
- Out-of-province emergency travel medical insurance,
- Auto rental collision and loss insurance,
- Purchase protection and extended warranty,
- Mobile device insurance.
However, keep in mind that you must book your flight with the card to qualify for these insurance benefits.
Does CIBC Aventura Visa Infinite have free lounge access?
Absolutely! The card is one of the top credit cards in Canada for free airport lounge access.
The card offers four free Priority Pass Memberships per year to enhance your travel experience.
CIBC Aventura Visa Infinite Card Reward Structure
The card has a great reward system which is detailed as follows:
Firstly, you’ll earn 2 points for every $1 spent on travel purchased through the CIBC Rewards Centre. Secondly, you will earn 1.5 points for every $1 spent at eligible gas stations, grocery stores, and drug stores.
And finally, you’ll get 1 point for every $1 spent on all other purchases.
CIBC Aventura Visa Infinite Card Minimum Income Requirements
To be eligible for this card, you must have a minimum annual income of $60,000 and a household income of at least $100,000.
In conclusion
If you are a frequent traveler looking for a credit card with fantastic travel benefits, the CIBC Aventura® Visa Infinite* Card is worth looking at.
Moreover, the mobile phone insurance offered by the card also comes in handy for people who may want to buy a high-end phone and are worried about the cost of replacing it if it is lost or stolen.