CIBC Aerogold® Visa* Card for Business review
Better your business life
Manage credit flow at competitive interest rates while earning Aeroplan? Miles and prime airport experiencesGet up to 35,000 Aeroplan Miles Welcome Bonus
Use them for business trips or dream destinations!
Add cardholders to earn miles faster
Get up to 9 additional cards to consolidate business expenses
Accelerate your Aeroplan Miles
Collect miles at premium rates
for every $1 spent on airlines, hotels, car rental agencies, travel agencies and gas stations
for every $1 spent on all other purchases
Earn miles twice
at over 150 Aeroplan Partners and 100+ online retailers
?.?You must apply and be approved for a new eligible card between March 1, 2019 and June 30, 2019 to qualify for this offer.
If you apply and are approved for a new card, you can receive:
i. A welcome bonus of 20,000 Aeroplan Miles when you make your first purchase at any time with your card.
ii. An additional bonus of 15,000 Aeroplan Miles if you have at least $3,000 in net purchases posted to your account during the first 4 monthly statement periods. For this bonus, the following do not qualify as purchases: cash advances, balance transfers, CIBC Convenience Cheques, fees, interest, payments and Aeroplan Miles redemptions. It may take up to several business days for purchases to be posted to your account. Aeroplan Miles are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. Card account must be open and in good standing at the time the bonus Aeroplan??Miles are awarded.
Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to CIBC Aerogold Visa* Card for Business are excluded. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
1?Subject to change by Aeroplan. According to Aeroplan's current reward chart, destinations reflect a roundtrip Fixed Mileage Flight Reward??in Economy Class departing from within Canada or the continental US (plus applicable fees and taxes). Fixed Mileage Flight Reward (starting at 15,000 Miles as of date of communication) availability is capacity controlled and is subject to availability at time of booking as well as seasonality of demand. Aeroplan Flight Rewards are subject to taxes, landing and departure fees, and other charges and surcharges may apply. Aeroplan Partners, rules and regulations are subject to change without notice. For full details on Aeroplan's current reward chart, please visit aeroplan.com.
Fixed Mileage Flight Rewards are subject to availability at time of booking. Taxes, landing and departure fees, and other charges and surcharges may apply to Aeroplan Flight Rewards. Fixed Mileage Flight Rewards are available at fixed mileage levels, for example above: Aeroplan Miles can be redeemed for a round-trip Fixed Mileage Flight Reward in economy class in Canada and the continental U.S. Miles redemption values are accurate as of December 15, 2015, and may change without notice. For details, review the?Aeroplan Flight Rewards terms and conditions
1?You will receive a Welcome Bonus of 20,000 Aeroplan Miles for the CIBC Aerogold Visa Card for Business, when you make your first purchase at any time with your card. The following do not qualify as purchases: cash advances, interest, fees, balance transfers, payments or Convenience Cheques or Aeroplan Miles redemptions. It may take up to several business days for purchases to be posted to your account. Bonus miles will be awarded to the primary cardholder on the first monthly statement after the qualifying purchase(s) are posted to the account. Card account must be open and in good standing at the time the Aeroplan Miles are awarded. Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC Aerogold Visa Card for Business are excluded. Offer and bonus miles are non-transferable. Offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion. Offer may be withdrawn or changed without notice at any time.
2?20,000 miles are enough for a short-haul Classic Flight Reward within Canada or between Canada and the continental U.S. in economy class. For complete information about mileage levels for Flight Rewards, visit the Aeroplan flight reward chart.
3?Insurance coverage(s) included with CIBC credit cards is underwritten by?Royal & Sun Alliance Insurance Company of Canada (RSA). Different cards may 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, see our?Agreements and Insurancepage and the insurance certificate(s) in your card package. Some insurance coverage(s) require purchase(s), auto rentals, common carrier fares and other trip costs to be charged to the card to activate coverage (other conditions may also apply). Auto Rental Collision and Loss Damage Insurance (CLDI) is available for automobile rentals of up to 48 days. 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 insurance certificate. 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 insurance certificate in your card package and any other insurance you own to decide which coverage best meets your protection needs. Certain RSA coverage(s) are "excess insurance" (all other sources of insurance and recovery must be exhausted before coverage is available). For more information, call RSA toll-free at 1-866-363-3338 in Canada, continental U.S. and Hawaii or collect from elsewhere at 905-403-3338.
4?In Canada, the annual fee may be a tax deductible business expense. Please consult a tax professional.
5?The current annual interest rate for purchases is set at either?12.99%, 15.99% or 18.99% and the current annual interest rate for cash advances, balance transfers and CIBC Convenience Cheques is set at either 14.5%, 17.5% or 21.5%, all based on your personal credit bureau and other information at the time your application is processed. Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder.
6?CIBC guarantees that you will not lose your Aeroplan Miles due to 12 months of account inactivity. Aeroplan rules require at least one accumulation or redemption transaction every 12 months in an Aeroplan Account or the Aeroplan Miles will expire. CIBC has ensured that this doesn't happen to the one Aeroplan account which is connected to a CIBC Aerogold Visa Card for Business account and which receives all Aeroplan Miles earned by cardholders on that credit card account, provided the account is in good standing. Visit aeroplan.com for the full terms and conditions of the Aeroplan Program.
7?Earn 1.5 Aeroplan Miles on purchases (excluding returns) at merchants classified in the Visa network as service stations or automated gas dispensers, airlines, hotels, car rental agencies, cruise lines, travel agencies or tour operators, tour buses or bus lines, local and suburban commuter passenger transportation, ferries, local water transportation, railways, limousines or cabs and certain other transportation services. This bonus Aeroplan Miles offer is only available on the first $80,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant). The $80,000 limit will reset to zero after the day your December statement is printed. Terms, conditions and eligible merchant categories may change without notice.
8?Aeroplan Miles are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Taxes, landing and departure fees and other charges and surcharges may apply to Aeroplan reward travel. Aeroplan partners, rules and regulations are subject to change without notice, please refer to aeroplan.com. Aeroplan Miles will be awarded only if your CIBC Aerogold Visa for Business account is in good standing on the monthly statement date (otherwise Aeroplan Miles are cancelled).
9?Visit?aeroplan.comOpens a new tab in your browser?for the full terms and conditions of the Aeroplan Program.
10?Your CIBC Aerogold Visa Card for Business account must be in good standing for you to receive or use cardholder benefits including Air Canada benefits.
11?Available for flights operated by Air Canada, Air Canada Rouge or under the Air Canada Express? banner, when you use an Aeroplan Flight Reward or when you provide your Aeroplan number when purchasing a ticket.
12?To access Air Canada Priority Travel Services (the complimentary first checked bag, priority check-in and priority boarding), you (the primary cardholder), must redeem your Aeroplan Flight Reward for a flight operated by Air Canada, Air Canada Rouge or under the Air Canada express banner with miles from your Aeroplan Account. You must also ensure that the name on your Air Canada flight booking is identical to the name on your Aeroplan Account. Priority check-in may be extended to companions travelling on the same reservation checking-in at the same time as you. Where boarding by zone is available, the priority boarding status will be recognized by a Zone 2 descriptor for you and companions travelling on the same reservation checking-in at the same time as you, which will be displayed on the Air Canada issued boarding pass(es). The complimentary first checked bag, up to 23kg (50 lb), applies solely to you, and not to companions travelling with you, and service charges for additional, oversized or overweight baggage may apply. Applicable on flights that do not already offer a complimentary first checked bag.
13?You (the primary cardholder) will receive one Air Canada Maple Leaf Lounge One-Time Guest Access Benefit once every calendar year (January 1 to December 31), which applies for a single entry by you only, and it cannot be carried forward to the next calendar year or transferred to another person. You may access an Air Canada Maple Leaf Lounge, where available, upon presentation of your active?CIBC Aerogold Visa Card for Business?with a valid, same-day boarding pass for travel using an Aeroplan Flight Reward only, on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express banner. To access this benefit, you must redeem your Aeroplan Flight Reward with miles from your Aeroplan Account. Additional conditions may apply and are outlined in?Air Canada BenefitsOpens a new tab in your browser. Air Canada Maple Leaf Lounge access is subject to availability and all other current terms and conditions that are subject to change at Air Canada?s sole discretion from time to time. Visit?Air Canada Maple Leaf Lounge admittance terms and conditionsOpens a new tab in your browser?for details.
14?The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized user(s) by contacting CIBC. CIBC may make adjustments to the spending limits any time following a decrease in the credit limit or cash limit of the card. "Cash" refers to cash advances, CIBC Convenience Cheques and balance transfers. For full details visit the Credit card add-ons page.
15?Use of Aeroplan Miles to cover taxes, fees, charges and carrier surcharges associated with a flight reward booking ("taxes, fees and surcharges") is in addition to the Aeroplan Miles required to redeem for an Aeroplan flight reward. Mileage levels required for the redemption of taxes, fees and surcharges may change without notice. Conditions, limitations and exclusions apply when using Aeroplan Miles to cover applicable taxes, fees and surcharges. For full details, visit?Aeroplan Flight Rewards Terms and ConditionsOpens a new tab in your browser.
16?We may withdraw approval if we become aware of any unfavourable information regarding your financial position or account status, or if you are unable to provide any additional information reasonably requested by CIBC. The application response time may take longer than 60 seconds in the event of technology issues. If you supply your email address, an application status email will be sent as soon as the technology issues are resolved. Otherwise, you will receive a response to your credit card application within 7 to 10 business days
Extra protection on new purchases
Get protection for office equipment and other card purchases, auto rental and more
Business owners who want to benefit from a low-interest rate can capitalize on the perks and benefits offered by the CIBC Aerogold® Visa* Card for Business. You can add up 9 other cards to your Aerogold account to earn points faster and consolidate your business expenses.
To get your hands on this unique card, you need a minimum income of $35k a year, plus pay an annual fee of $120. The welcome bonus consists of 35,000 Aeroplan miles and a first-year fee rebate.
This card offers you a wide range of benefits, ranging from flight rewards and priority boarding & check-in to guess access benefit pass and Maple Leaf lounge access once a year. You can also get great rewards and a wide range of insurance, including trip interruption & cancellation, flight delay and baggage insurance.
However, what really sets this card apart from others is the great interest rate, which goes as low as 12.99% for purchases and 14.50% for cash. You can take advantage of the low interest to consolidate your debt and pay less for travel-related purchases.