BMO CashBack Business Mastercard vs CIBC Aventura® Visa* Card for Business

^‡The CIBC and Skip+ Program consists of a: (i) 12-month free trial of a Skip+ membership, (ii) Skip welcome voucher, and (iii) discounted Skip+ subscription fee after the trial period ends (collectively, the “Offer”). To participate in the CIBC and Skip+ Program and receive the Offer, an eligible CIBC cardholder must: (i) actively opt-in to the Program by linking their eligible CIBC card with their Skip account through the Skip app or Skip website, and (ii) pay using their eligible CIBC card at checkout on eligible Skip+ orders (excluding payments made using a CIBC card through third party digital wallets). Following the end of the 12-month Skip+ free trial period, your Skip+ subscription will automatically renew at $6.99 plus tax per month (while available and subject to change) unless you cancel your subscription earlier or the Program or Offer ends.

Existing terms of your CIBC rewards program, credit card account and debit card continue to apply. Program and Offer subject to Skip+ membership terms and condition. Program may end at any time without notice. Offer may be withdrawn or changed without notice at any time, including without limitation, changes to the discounted monthly Skip+ subscription fee, the welcome voucher, and the length of time the discounted monthly Skip+ subscription fee is available. Conditions apply. For full terms and conditions, CIBC and Skip+ partnership page.

^♢As part of the Skip+ program, subscribers are entitled to at least the following loyalty Benefits:

$0 delivery fee on orders placed at participating Partners, subject to a minimum spend of at least $15 (before associated taxes) in order to benefit from the Free Delivery Promotion. Such minimum order value may vary depending on the Partner selected, but will always be shown to you before placing your order on the platform. Participating partners may change at any time.

Discounted service fees: A saving of at least 40% off the regular Services Fees charged. Participating partners only. Participating partners will be identifiable when placing an order through the use of the Skip+ logo. You can check the Service Fee charged by each participating partner in the partner menu. Service Fees in general may vary between partners and locations.

Skip+ Members will be entitled to exclusive and/or priority access to promotions offered by Skip and its partners from time to time, provided you have not opted out of receiving marketing communications from Skip.

Additional promotional benefits, offers and rewards may additionally be made available from time to time, subject to any additional terms published alongside those offers or rewards.

Read the full program terms and conditions.

^†To qualify for this offer, applications for a new CIBC Aventura® Visa* Card for Business must be submitted and approved beginning October 29, 2025.

In order to be eligible for this offer, client must abide by the terms and conditions set out in this footnote.

If an application for a new CIBC Aventura® Visa* Card for Business is submitted and approved, the Primary Cardholder can receive:

a) A welcome bonus of 20,000 Aventura Points after the first purchase is made at any time on the Credit Card Account.

b) Additional bonus of 10,000 Aventura Points after the first purchase is made within first 4 monthly statement periods.

c) An additional bonus of 40,000 Aventura Points if you have at least $35,000 in net purchases posted to the Credit Card Account during the first 12 monthly statement periods.

d) A one-time annual fee rebate for the Credit Card Account, including the Primary Cardholder and all Authorized Users set up at the time of the application.

Offer applies to newly approved Credit Card Accounts; transfers from another CIBC credit card to any CIBC Aventura® Visa* Card for Business (regardless of the annual fee) are excluded.

Credit Card Account must be open and in Good Standing at the time the Aventura Points are awarded. Aventura Points are awarded to the Primary Cardholder within 8 weeks after all qualifying net Purchase(s) are posted to the credit card account. The following do not qualify as Purchases: Cash Advances, Balance Transfers, CIBC Convenience Cheques, interest, fees, payments, and Aventura Points redemptions. It may take up to several business days for purchases to be posted to the Credit Card Account. This offer is non-transferable. This offer may be withdrawn or changed without prior notice at any time. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Aventura card within the last 12 months. This offer may be revoked if the Business or any Cardholder appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.

This offer does not apply to annual fees for additional Cards that are added after the application is submitted. This offer applies for the first year only. If the Business qualifies for the rebate, it will be awarded to the Credit Card Account and will appear as a credit against the applicable annual fee(s) within 2 statements after the eligible Credit Card Account is opened. The new Credit Card Account must be open and in Good Standing at the time the rebate is awarded.

If the application for an eligible card is not approved, you may be considered for another card (as disclosed in the credit card application). If the application is approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card or Credit Card Account, as applicable.

The over $1,800 value is based on the combined total value of: the maximum redemption value of $1,600 for 70,000 Aventura Points on two long-haul airfares ($800 travel value each), based on the Aventura Airline Rewards Chart, before taxes and other charges, as of March 1, 2023; and an annual fee rebate for the first year (up to $180) for the Primary Cardholder and three additional cards ($150).

For full details, review the maximum ticket prices and Aventura Flight Rewards Chart at the CIBC Rewards Centre. Some airlines may impose fees, restrictions or other conditions on air travel.

To obtain an Airline Travel Reward using the Aventura Airline Rewards Chart, you must redeem at least 80% of the total number of Aventura Points required to purchase it. If you don’t have enough Aventura Points to purchase an Airline Travel Reward in full (but have at least 80% of the required number of Aventura Points), you may have the Centre charge an amount to your Card to cover the Points Deficit, excluding Taxes and Other Charges. For a business class flight, you may have the Centre charge an amount to your Card to cover the Points Deficit for an economy class ticket in the same flight segment as the business class ticket you want, excluding Taxes and Other Charges. If you have the Centre charge an amount to your Card to cover the Points Deficit for an Airline Travel Reward and you are advised that the Aventura Travel Reward is refundable, then, in the event of a refund, the amount previously charged to your Card will not be refunded to your Credit Card Account and instead you will receive Aventura Points equal to the Points Deficit.

Capitalized terms used and not defined herein have the meanings given to them in the CIBC Business Cardholder Agreement (Personal Liability).

¹Interest rates may change from time to time. "Purchase" means card purchases less returns and does not include: Cash Advances, Balance Transfers and CIBC Convenience Cheques. "Cash" means Cash Advances, Balance Transfers and CIBC Convenience Cheques.

For CIBC Aventura Visa Card for Business with an annual fee of $180: the annual interest rates are 12.99%, 15.99% or 18.99% for Purchases and 14.5%, 17.5% or 21.5% for Cash Advances, Balance Transfers and CIBC Convenience Cheques. The annual interest rates assigned to the Account will be based on your personal credit bureau and other information at the time the request is processed.

For CIBC Aventura Visa Card for Business with an annual  fee of $120: the annual interest rates are 19.99% for Purchases and 21.99% for Cash Advances, Balance Transfers and CIBC Convenience Cheques.

²Bonus (double) Aventura Points are earned on each dollar charged to the card on CIBC Rewards Centre travel purchases other than taxes, insurance, service charges or similar items. Aventura Points are not earned on travel obtained by redeeming Aventura Points.

³CIBC is not a travel supplier or a travel agency. Independent third party service providers and suppliers may provide supplies and services for CIBC by Expedia, including the Website. CIBCByExpedia.com website is operated by Expedia, Inc. All travel services are provided by Expedia, Inc., Tour East Holidays (Canada) Inc. (as air ticket fulfilment service provider for Expedia, Inc.). Additional Expedia terms and conditions apply.

⁴Earn 1.5 Aventura Points on each $1.00 in purchases (net of and/or less returns) at merchants classified in the credit card network as service stations/automated gas dispensers, electric vehicle charging with a merchant category code of MCC 5552, airlines, hotels, car rental agencies, cruise lines, travel agencies/tour operators, tour buses/bus lines, local/suburban commuter passenger transportation, ferries, local water transportation, railways, limousines/cabs and certain other transportation services (such as parking, tolls and truck rentals).

The 1.5 bonus Aventura Points offer is only available on the first $80,000 in net annual card purchases on the account (meaning all card purchases by all cardholders, at any type of merchant); after which, Aventura Points are earned at the regular rate on net card purchases. The $80,000 annual limit will reset to zero on the day after the December statement is printed.

Terms, conditions and eligible merchant categories may change at any time without notice. 

⁵Aventura Points are earned on card purchases less returns, and not on Cash Advances, Balance Transfers, CIBC Convenience Cheques, interest, fees, payments or Aventura Points redemptions.

Aventura Points may not be credited if the CIBC Aventura Visa Card for Business account is not in Good Standing during a monthly statement period (otherwise Aventura Points earned in the monthly period are cancelled). Aventura Program is subject to change; refer to rewards.cibcrewards.com.

⁶Aventura Points will be cancelled if they remain unredeemed for 60 days after you voluntarily close your Aventura credit card account or within 12 months of the primary cardholder’s death.

⁷Aventura Points can be redeemed when purchased through the CIBC Rewards Centre.  For complete details, visit CIBC Rewards Centre at cibcrewards.com

⁸Only the Primary Cardholder is permitted to perform a “Payment with Points” or “Financial Product with Points” redemption. Other Cardholders are not eligible. Redemptions are non-refundable, non-exchangeable and non-transferable unless you are advised otherwise. Requested redemption amount must be equal to or less than the available points balance. Points to dollars conversion ratio is determined by CIBC and can be changed at any time without notice. Payment with Points redemption towards credit card balances will be reflected within five business days. Information on using Points towards outstanding principal and CIBC financial products, including registered savings accounts and Investor’s Edge accounts, can be found on the CIBC Payment with Points page.

All Aventura Program rewards displayed above are subject to availability.

⁹CIBC Rewards Program clients may “transfer,” which means move, the Aventura points earned from eligible Aventura credit card accounts, where they are the primary cardholder or Rewards Officer. Transferring Points can be done between Aventura credit cards through the CIBC Rewards Centre or by calling 1-888-232-5656. Authorized Users cannot perform points transfer transactions, but will be able to view any points transfer activity on the Primary’s account in their account history. Points entered must be positive and within the minimum of 1 and the maximum of total points available in the account, at the time of performing points transfers. The Credit Card Accounts that you wish to transfer points between must be in good standing.

¹⁰Aventura Points can be redeemed for up to 100% of the cost of airfare as well as (if you have sufficient points) for taxes and other charges on airfare purchased through the CIBC Rewards Centre. You must book all flights through the CIBC Rewards Centre. Some taxes and other charges may be collected locally or when you are travelling, and cannot be prepaid. Ask an Aventura Travel Assistant for details.

¹¹Insurance coverage(s) included with CIBC credit cards are underwritten by Belair Insurance Company Inc. You may contact the insurer at 1-866-363-3338 in Canada and the U.S. or collect from elsewhere at 905-403-3338 or visit cibc.client.insure. Different cards will have different coverage(s). To learn about which coverage(s) are included with a specific card, and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, review the Certificate(s) of Insurance in your card package and CIBC Agreements and Insurance. Some insurance coverage(s) require purchase(s), car rentals, common carrier fares, accommodations and other trip costs to be charged to the card, or be for business purposes, to activate coverage. Other conditions may also apply. Car Rental Collision/Loss Damage Insurance (CLDI) is available for a rental period of up to 48 days for rental vehicles with a MSRP of up to $85,000 CAD and not otherwise excluded from coverage. The full cost of the rental must be charged to the card and the rental agency’s Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) must be declined. CLDI provides coverage up to the actual cash value (ACV) of the rental vehicle as defined in your Certificate of Insurance. Note that some rental agencies may assess their damages at an amount greater than the ACV of the rental vehicle and you may be liable to them for the difference. Before declining the rental agency's CDW or LDW, you should read carefully and compare the terms of the rental agreement, the CLDI Certificate of Insurance in your card package and any other insurance you own to decide which coverage best meets your protection needs. Trip Cancellation and Trip Interruption Insurance may not cover certain health/medical conditions that are not stable before your trip. Certain coverages are “excess insurance” (all other sources of insurance and recovery must be exhausted before coverage is available).

¹²CIBC Travel Insurance is underwritten by member companies of The Co-operators, and is administered by TIC Travel Insurance Coordinators Ltd. No insurance is payable for any pre-existing condition unless you have applied and qualified for pre-existing condition coverage and received a Guarantee of Coverage from the insurer. A detailed summary of the terms, conditions, limitations, exclusions and other provisions are contained in the Certificate of Insurance, which you receive upon purchase.

All information is valid at the time of publication and is subject to change without notice.

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