CIBC Aventura Visa Card Review
Welcome bonus
Earn up to 10,000 Aventura® Points
Get 7,500 bonus Aventura Points when you make your first purchase. Plus, earn up to 2,500 Aventura Points.
Earn 500 points for completing each of these 5 activitiesOpens in a dialogue. within 60 days of being approved.†
Any airline, every flight, every seat , with points that don't expire
Multiplying your Aventura Points is as easy as buying groceries, pumping gas or booking a trip
1 point for every $1 spent at gas stations, grocery stores and drugstores
1 point for every $1 spent on travel purchased through the CIBC Rewards CentreOpens a new window in your browser
1 point for every $2 spent on all other purchases
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Priority airport services
No
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Airport lounge access
No
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Concierge service
No
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Balance protection(Optional)
Yes
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Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
No
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Vehicle rental insurance
Yes
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Travel accident insurance
No
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Travel medical insurance
Yes
- Annual Fee: $0
- Additional Card Fee: $0
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Extra protection on new purchases
90-day protection with Purchase Security Insurance3 if your new purchase is stolen or breaks
Aventura Travel Assistant
Access personalized travel booking and trip planning with no booking fees
As one of the most affordable travel cards in Canada, the CIBC Aventura® Visa* Card has no annual fee and comes with a standard 19.99% interest rate for purchases and a 22.99% interest rate for cash. Additionally, almost anyone can access this card, since it is suitable for people with a minimum of $15k a year.
However, the fact that it has no annual fee doesn't mean it is benefits-free. In fact, the CIBC Aventura® Visa* Card is loaded with perks and features. First, it comes with a bonus of 7,500 points on signup and make your first purchase. It comes with extra protection insurance, Aventura Travel Assistant, hotel stays points, packages, merchandise and gifts.
This card gives you a 1.5% return on your spending, but you can get up to 2.3% if you spend a lot on CIBC travel purchases, gas or drugs. Rarely do you find a card that is free of charge but gives you concierge service and 4 unique types of travel and purchase insurance. The CIBC Aventura® Visa* Card is one of these rare cards that you desperately want in your pocket.
Choose this credit card if you want to want to get free benefits and get a good return on your investment.
†
Scotia Momentum® Visa* Card review
Get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39)
Great reasons to get this card for your everyday purchases
Gas Stations
2%
Grocery Stores
2%
Drug Stores
2%
Recurring Bill Payments
2%
Plus earn 1% cash back on all other eligible purchases.
Rates, fees and other information are effective as of Mar 1, 2021. Subject to change.
Author Bio
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based in Toronto. He is a former financial services professional who worked at major Canadian financial institutions for many years. He managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor's in Business Administration from the University of Quebec (Montreal) and a Master's in International Business from the University of Sherbrooke (Quebec). He is also the author of the Canadian Credit Card Guidebook.
