Travel Rewards
Business
Premium / High-End
CIBC Aventura Visa Card for Business Plus
CIBC
Current Welcome Offer
Up to 70,000 Aventura Points + Annual Fee Rebate for the first 2 years.
Annual Fee
$120
$0
1st Year Free
Purchase APR
19.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$900
RateBuddy Verdict
The Good
- Industry-leading 2-year annual fee rebate for primary and additional cards provides massive upfront business value.
- Broad 1.5x earn rate covers almost all business travel-related spend, from airfare and hotels to parking and tolls.
- Includes a comprehensive business insurance package, notably Trip Cancellation and Car Rental coverage.
The Trade-offs
- A very high spend threshold ($40,000) is required to unlock the final 50,000 points of the welcome bonus.
- Does not include out-of-province emergency travel medical insurance.
Rewards & Earnings
Groceries 1.00%
Dining & Takeout 1.00%
Gas & Transit 1.50%
Travel 2.00%
Base Rate 1.00%
Rewards Summary: Travel via CIBC Rewards: 2 pts per $1; Gas, EV, Travel & Transportation: 1.5 pts per $1; Base Earn: 1 pt per $1; Welcome Offer: Up to 70,000 points + 2-Year Annual Fee Rebate.
- Travel via CIBC Rewards Centre: 2.0 pts/$1
- Gas, EV, Airlines, Hotels, Car Rentals, Cruises & Transit: 1.5 pts/$1
- All Other Business Purchases: 1.0 pt/$1
Welcome Bonus Details
20,000 points on first purchase; 50,000 points after spending $40,000 in first 12 months. Fee rebate covers Primary and 3 additional users for 2 years.
Estimated Value: $900.00
Features & Benefits
First-Year Fee Waived
Annual fee rebated for the first 2 years
Car Rental Collision/Loss Damage Waiver
Included
Trip Cancellation/Interruption Insurance
Included
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Flight Delay Insurance
Included
Baggage Delay/Loss Insurance
Included
Common Carrier Accident Insurance
Up to $500,000 coverage
Additional Perks
- :
- :
- :
- :
- :
Insurance Coverage
Trip Cancellation/Interruption: Included; Flight Delay & Baggage: Included; Car Rental Collision: Included; Common Carrier: $500,000; Purchase Security & Extended Protection: Included.
Rates & Fees Details
| Purchase APR | 19.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $120 |
| Income Required |
Personal: $35,000 |