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Card Details
Interest Rates
Purchase: 20.99%
Cash Advance: 22.99%□
Balance Transfer: 22.99%
□ Cash advance rate for Quebec residents is 21.99%
Annual Fees
Main Card: $0
$0
First Year Waived
Additional Cards: $50 (first year waived up to 3 cards)
Annual Income
Personal: N/A
Household: $15,000
Credit Score Estimate
300Poor
560Fair
660Good
725Very Good
760Excellent
Welcome Bonus
Up to 2,500 bonus Aventura Points for completing the below activities within 60 days of your CIBC Aventura® Visa* account approval. Each one is worth 500 Aventura Points:
1. Share your email address with CIBC; 2. Sign up for eStatements for your new Aventura® Visa* card; 3. Add an authorized user on your new Aventura® Visa* card; 4. Hold any eligible CIBC Chequing Account; and 5. Add your Aventura® Visa* card with Apple Pay® or Samsung Pay® or Google Pay™
Our Rating
2.8/5
Institution
CIBC
How You Earn Rewards
- 1 point per $1 spent on travel purchased through the CIBC Rewards Centre
- 1 point per $1 spent at eligible gas stations, electric vehicle charging stations, grocery stores and drug stores (up to $6,000 spent combined per year)
- 0.5 point per $1 spent on all other eligible purchases
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
Insurance
Coverage
Travel Accident
$100,000
Purchase Protection
90 days
Extended Warranty
Up to a year.svg)
Car Rental Damage & Theft
up to car value of $65k
Benefits
Details
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Gas Discount
save up to 10¢/L on fuel at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations
Pros & Cons
Pros
- No Annual Fee: A great perk, especially for a travel rewards card.
- Rewards on Everyday Purchases: Earn 1 point per $1 on travel, groceries, gas, EV charging, and drugstores, and 1 point per $2 on all other purchases.
- Fuel Savings: Save up to 10 cents per litre at Journie Rewards gas stations.
- Flexible Redemption: Points can be redeemed for travel, merchandise, gift cards, or as statement credits.
Cons
- Limited Insurance: Includes only basic coverage (e.g., travel accident and purchase protection).
- Low Base Earn Rate: You only earn 1 point per $2 spent on most purchases, which is lower than many competing cards.