Travel Rewards
US Dollar Cards
CIBC U.S. Dollar Aventura Gold Visa Card
CIBC
Current Welcome Offer
Earn up to 2,500 Aventura points and get an annual fee rebate for the first year.
Annual Fee
$35
$0
1st Year Free
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$60
RateBuddy Verdict
The Good
- Eliminates the standard 2.5% foreign currency conversion fee for all U.S. dollar purchases.
- Allows you to pay your credit card bill directly in USD, which is perfect for Canadians with U.S. income or USD savings.
- Includes Auto Rental Collision and Loss Damage Insurance, providing peace of mind during U.S. road trips.
The Trade-offs
- The earn rate for Aventura points is very low, specifically 1 point for every $2 spent on non-travel purchases.
- Lacks essential travel medical insurance, which most Canadians would require when visiting the United States.
- The annual fee is $35 USD, which may not be worth it if you only make occasional U.S. purchases.
Rewards & Earnings
Groceries 0.50%
Dining & Takeout 0.50%
Gas & Transit 0.50%
Travel 1.00%
Base Rate 0.50%
Rewards Summary: Travel via CIBC Rewards: 1 pt per $1 USD; Base Earn: 1 pt per $2 USD; Currency: All transactions in USD; Perk: No currency conversion fees for USD purchases.
- Travel via CIBC Rewards Centre: 1.0 pt/$1 USD
- All Other Purchases: 0.5 pts/$1 USD (1 pt per $2)
Welcome Bonus Details
Earn up to 2,500 Aventura points and get an annual fee rebate for the first year.
Estimated Value: $60.00
Features & Benefits
First-Year Fee Waived
First-year annual fee rebate available via welcome offer
Car Rental Collision/Loss Damage Waiver
Auto Rental Collision and Loss Damage Insurance included
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Common Carrier Accident Insurance
Up to $100,000 coverage
Additional Perks
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Insurance Coverage
Car Rental Collision: Included; Common Carrier: $100,000; Purchase Security: 90 days; Extended Warranty: +1 Year; Note: No Travel Medical or Trip Cancellation insurance.
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $35 |
| Income Required | Household: $15,000 |