Travel Rewards
Business
CIBC Aventura Visa Card for Business
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
21.99%
Welcome Bonus
~$900
RateBuddy Verdict
The Good
- The 2-year annual fee rebate for the primary and three authorized users offers exceptional value for small business teams.
- Includes a broad 1.5x earn rate that applies to almost all business travel expenses, including gas, transit, and taxis.
- Offers a rare low-interest option (12.99%) for a rewards card, providing flexibility for businesses that carry a balance.
The Trade-offs
- To earn the full 70,000 point welcome bonus, a high spend of $40,000 within the first year is required.
- Lacks out-of-province emergency travel medical insurance, which is a common feature on many other travel cards.
Rewards & Earnings
Groceries 1.00%
Dining & Takeout 1.00%
Gas & Transit 1.50%
Travel 2.00%
Base Rate 1.00%
Rewards Summary: CIBC Rewards Travel: 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 Authorized 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
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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 | 21.99% |
| Annual Fee | $120 |
| Income Required |
Personal: $35,000 |