Travel Rewards
No Annual Fee
CIBC Aventura Visa Card
CIBC
Current Welcome Offer
Earn up to 12,500 Aventura Points for no annual fee.
Annual Fee
$0
Purchase APR
21.99%
Cash Adv. APR
22.99%
Welcome Bonus
~$125
RateBuddy Verdict
The Good
- Allows you to earn flexible travel rewards without paying an annual fee.
- Highly accessible to apply for, requiring only a $15,000 minimum annual household income.
- Allows you to add up to 3 authorized users to the account completely free of charge.
The Trade-offs
- The base earn rate is exceptionally low, providing only 1 point for every $2 spent on non-category purchases.
- Does not include any travel or medical insurance, which is a major drawback for a travel-branded credit card.
- Lacks premium perks like airport lounge access or NEXUS application fee rebates found on higher-tier Aventura cards.
Rewards & Earnings
Groceries 1.00%
Dining & Takeout 0.50%
Gas & Transit 1.00%
Travel 1.00%
Base Rate 0.50%
Rewards Summary: Travel via CIBC Rewards: 1 pt per $1; Gas, EV, Groceries & Drugstores: 1 pt per $1; Base Earn: 1 pt per $2; Perks: 12-month Skip+ free trial.
- Travel via CIBC Rewards Centre: 1.0 pt/$1
- Gas, EV, Groceries & Drugstores: 1.0 pt/$1
- All Other Purchases: 0.5 pts/$1 (1 pt per $2)
Welcome Bonus Details
Earn up to 12,500 Aventura Points for no annual fee.
Estimated Value: $125.00
Features & Benefits
No Annual Fee
No annual fee
Extended Warranty Insurance
Included
Purchase Security Insurance
Included
Hotel Status Benefits
4th Night Free on Aeroplan hotel redemptions
Common Carrier Accident Insurance
Up to $100,000 coverage
Additional Perks
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Insurance Coverage
Purchase Security: 90 days; Extended Warranty: +1 Year; Common Carrier: $100,000; Note: No Travel/Medical Insurance included.
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Income Required | Household: $15,000 |