CIBC Aventura® World Elite MasterCard™ Card

CIBC Aventura World Elite MasterCard Card
CIBC Aventura World Elite MasterCard Card

We are no longer accepting applications for the CIBC Aventura World Elite MasterCard Card. Product information is for existing cardholders only.

This credit card is for you if you want:

  • Premium travel rewards with strong reward-earning potential.
  • The freedom to Fly Any Airline with no blackout periods, fees or restrictions and your points don't expire1
  • To fly for as low as 10,000 Aventura Points2
  • To fly to destinations across North America starting at 25,000 Aventura Points3
  • Rewards for everyday spending, including 1 Aventura Point for every $1 charged to your card4
  • Additional earning opportunities, including:
    • 1.5 Aventura Points for every dollar spent at gas stations, grocery and drug stores5
    • 2 Aventura Points on travel purchased through the CIBC Rewards Centre6
    • 2 Aventura Points for every $1 spent on your card at participating CIBC Bonus Rewards restaurants, hotels, inns, spas and retailers7
    • 3 Aventura Points for every $1 spent on your card at select high-end restaurants participating in CIBC Bonus Rewards7
  • Comprehensive insurance benefits, including Out-Of-Province Emergency Travel Medical Insurance and Trip Cancellation / Trip Interruption Insurance8

CIBC Exclusive Offers:

  • Access to offers, experiences and amenities. Also take advantage of special offers and redeem travel & merchandise rewards. Visit the CIBC Rewards website.
  • Get complimentary assistance with your travel-related needs with the CIBC Travel Concierge Service9 at 1-888-232-5656
  • Access to MasterCard World Elite Personal Concierge, your personal on-call assistant for all your special requests, available at 1-888-531-392410

Other premium credit card features:

  • Additional purchasing power over your credit limit with no overlimit fee11
  • Car rental discounts of up to 25% at participating Avis® and Budget® locations with your CIBC credit card12
  • Guaranteed hotel reservations13
  • Free personalized CIBC Convenience Cheques14
  • Commission-free regular American Express Travellers Cheques+
  • Cash advances of up to $1,000 a day15

CIBC CreditSmart®

As an Aventura World Elite MasterCard cardholder, you can manage, track and organize your credit card activity - and get access to enhanced security features. Learn more: CIBC CreditSmart

Authorized User Spending Limits

Assign specific spending limits for purchases and cash to your authorized user(s)20 - at no cost. Learn more: Authorized user spending limits

CIBC Online Banking®

Get instant access to information on your Aventura World Elite MasterCard - any time, day or night with CIBC Online Banking. Learn more: CIBC Online Banking or register now: CIBC Online Banking.

CIBC MasterCard™ PayPassTM2

A fast, safe and convenient alternative to paying with cash for small purchases at participating stores. Learn more: MasterCard PayPass

Comprehensive coverage includes:

  • Out-of-Province Emergency Travel Medical Insurance covers the primary cardholder, their spouse and dependent children for the first 15 days of a trip if the covered person is age 64 or under, or for the first 3 days of a trip if the covered person is age 65 or older8
  • Trip Cancellation/Trip Interruption Insurance8
  • Flight Delay and Baggage Insurance for lost, stolen, damaged or delayed checked baggage8
  • Auto Rental Collision/Loss Damage Insurance8
  • $500,000 Common Carrier Accident Insurance8
  • Purchase Security & Extended Warranty Insurance8
Income requirements
Personal income $70,000 minimum
Household income $120,000 minimum

Annual Interest Rates and Annual Fee
Annual Fee $120
Annual Interest Rate - Purchases 19.99%16
Annual Interest Rate - Cash 21.99%16
Additional Cards $50 each per year (3 card maximum)

Trademarks and disclaimers

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1 For full details see maximum ticket prices and Aventura Airline Rewards Chart at www.cibcaventura.com. Some airlines may impose fees, restrictions or other conditions on air travel. Aventura Points will be cancelled if they remain unredeemed for 60 days after you voluntarily close your Aventura credit card account or within 12 months of the primary cardholder's death.

2 Flight availability at this Aventura Point level depends on ticket prices set by airlines. Flights at this Aventura Point level will not be available to all destinations from all departure points and times.

3 Flight availability at this Aventura Point level depends on ticket prices set by airlines. Flights at this Aventura Point level will not be available to all destinations from all departure points and times. Flights across North America starting at 25,000 Aventura Points exclude Hawaii & Alaska.

4 Aventura Points are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aventura Points redemptions. Aventura Rewards and Program Terms may change without notice. Taxes, fees and other charges may apply to Rewards. Aventura Points earned on purchases during a monthly statement period may not be credited to you if your card is not in good standing at any time during the monthly statement period.

5 Earn 1.5 Aventura Points on purchases (excluding returns) at merchants classified in the credit card network as grocery stores, service stations/automated gas dispensers or drug stores. This bonus Aventura points offer is only available on the first $80,000 in net annual card purchases on your account (meaning all card purchases by all cardholders, at any type of merchant); after that, net card purchases at grocery, drug store and gas merchants will earn Aventura Points at the regular rate. The $80,000 limit will reset to zero after the day your December statement is printed. Terms, conditions and eligible merchant categories may change without notice.

6 Bonus (double) Aventura points are earned on each dollar charged to the card on CIBC Rewards Centre travel purchases other than taxes, insurance, service charges or similar items. Aventura Points are not earned on travel obtained by redeeming Aventura Points.

7 The number of Bonus Aventura Points that you may earn is at the sole discretion of the participating CIBC Bonus Rewards partner and may only be earned when you use your card for payment. The CIBC Bonus Rewards Benefit cannot be combined with other promotional offers. CIBC Bonus Rewards terms, conditions and participating merchants may change without notice. For full details and important information regarding the CIBC Bonus Rewards Benefit, please visit www.cibcbonusrewards.com.

8 Insurance coverage(s) included with CIBC credit cards are underwritten by Royal & Sun Alliance Insurance Company of Canada (RSA). Different cards will have different coverage(s). To learn about which coverage(s) are included with a specific card, and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see www.cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance coverage(s) require purchase(s), auto rentals, common carrier fares and other trip costs to be charged to the card to activate coverage. Other conditions may also apply. Auto Rental Collision/Loss Damage Insurance (CLDI) is available for automobile rentals of up to 48 days. The full cost of the rental must be charged to the card and the rental agency's Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) must be declined. CLDI provides coverage up to the actual cash value (ACV) of the rental vehicle as defined in your insurance certificate. Note that some rental agencies may assess their damages at an amount greater than the ACV of the rental vehicle and you may be liable to them for the difference. Before declining the rental agency's CDW or LDW, you should read carefully and compare the terms of the rental agreement, the CLDI insurance certificate in your card package and any other insurance you own to decide which coverage best meets your protection needs. Out-of-Province Emergency Travel Medical Insurance (TMI) covers the primary cardholder, their spouse and dependent children for the first 15 days of a trip if the covered person is age 64 or under*, or for the first 3 days of a trip if the covered person is age 65 or older*;*Dependent children must be age 20 or under or a full-time student age 24 or under, unless they have a permanent physical or mental deficiency. TMI may not cover medical procedures performed without pre-approval. TMI, Trip Cancellation and Trip Interruption Insurance may not cover certain pre-existing health/medical conditions. Certain RSA coverages are "excess insurance" (all other sources of insurance and recovery must be exhausted before coverage is available). For more information, call RSA toll-free at 1-866-363-3338 in Canada, continental U.S. and Hawaii or collect from elsewhere at 905-403-3338.

9 The CIBC Travel Concierge Service is operated by an independent travel service agency, Merit Travel Group Inc. Registration Numbers: ON.50010422/4499356, BC.34799, QC.7002238

10 This service is provided by MasterCard International Inc. The complete terms and conditions of this service are at found at: https://www.cibc.com/ca/pdf/credit-cards/world-elite-terms-conditions-en.pdf

11 Additional purchasing power over your credit limit does not mean unlimited spending and is itself subject to a limit. The amount of your additional purchasing power over your credit limit is determined based on an assessment of various factors including your payment history and spending patterns. You must repay any amount over your credit limit by your card payment due date.

12 Discounts are determined by the participating rental agency and apply to time and kilometer /mileage charges only. Visit www.cibc.com for further details.

13 When you use your card to reserve hotel accommodations, a guaranteed reservation request may be made to hold the requested or comparable hotel room (subject to individual hotel policies and conditions).

14 Personalized CIBC Convenience Cheques can be ordered by calling a CIBC Card Services Representative. Convenience Cheques are subject to available credit and available cash and bear interest from the date they are posted to your credit card account. Convenience Cheques do not earn Aventura Points.

15 Cash advances bear interest from the date they are taken from your credit card account and are subject to available credit and available cash.

16 Interest rates will change from time to time on at least 30 days prior notice to primary cardholders. "Cash" means cash advances, balance transfers and Convenience Cheques.

17 CIBC Aventura Lifestyle Rewards include taxes. Any additional fees will be confirmed when a reward is redeemed. Due to the unique nature of Aventura Lifestyle Rewards, availability of space and/or dates may be limited.

18 Aventura Points can be redeemed for up to 100% of the cost of airfare as well as (if you have sufficient Aventura points) for taxes and other charges on airfare purchased through the CIBC Rewards Centre. You must book all flights through the CIBC Rewards Centre. Some taxes and other charges may be collected locally/when you are travelling, and cannot be prepaid; please ask a CIBC Rewards Centre Counsellor for specific details.

19 The Top Up Purchase Option is only available for flights on the Aventura Flight Reward Chart found at http://www.cibcrewards.com. At the time of booking, you may purchase up to 20% of the total Aventura Points required for your Aventura Airline Reward. The Top Up Purchase must be charged to your Aventura World Elite MasterCard card and does not earn Aventura Points.

20 Primary cardholder may assign and change the Authorized User Spending Limits on your credit card account for any authorized user(s) by contacting CIBC. CIBC may make adjustments to the spending limits any time following a decrease in the Credit Limit or Cash Limit of the Card. "Cash" refers to Cash Advances, Convenience Cheques and Balance Transfers. For full details visit https://www.cibc.com/ca/credit-cards/budgeting-spend/spending-limits.html.

MasterCard™ is a registered trademark and World Elite MasterCard™ and PayPass™ are trademarks of MasterCard International Incorporated.

Avis® is a registered trademark licensed to Aviscar, Inc. for use in Canada. Budget® is a registered trademark licensed to Budgetcar Inc. for use in Canada.

Advantex® is a registered trademark of Advantex Marketing International Inc.

+ American Express Travellers Cheques and Cheques for Two are registered trademarks of American Express Company.

iPhone® and iPad® are trademarks of Apple Inc., registered in the U.S. and other countries.

BlackBerry® and related trademarks, names and logos are the property of Research In Motion Limited and are registered and/or used in the U.S. and countries around the world. Used under license from Research In Motion Limited.

All other trademarks are owned by CIBC or related entities.

All information is valid at the time of publication and is subject to change without notice.

*** FLIGHTS ARE NOT AVAILABLE AT LOWEST POINTS LEVEL TO ALL DESTINATIONS OR AT ALL DEPARTURE TIMES.

Aventura Points earning summary

  • 1 Aventura® Point for every $1 spent using your card4
  • 1.5 Aventura Points for every dollar spent at gas stations, grocery and drug stores5
  • 2 Aventura Points on travel purchased through the CIBC Rewards Centre6
  • 2 Aventura Points per dollar spent at participating CIBC Bonus Rewards restaurants, hotels, inns, spas and retailers7 Learn More: CIBC Bonus Rewards
  • 3 Aventura Points per dollar spent at select high-end restaurants participating in CIBC Bonus Rewards7 Learn more: CIBC Bonus Rewards

Redeem Aventura Points for flexible reward options

  • Redeem for premium travel rewards including hotel stays, vacation packages and cruises
  • Redeem for additional rewards from 3000 Aventura Points including a wide selection of merchandise, gift cards, and lifestyle rewards17
  • Redeem with Aventura Points for full airfare including taxes & fees or enjoy the flexibility to use Aventura Points plus cash18. Use the Top Up Purchase Option to purchase up to 20% of the Aventura Points required to book your flight at the time of booking19

For travel redemption inquiries, call 1-888-232-5656 or sign on to CIBC Rewards.

Fly for as low as 10,000 Aventura Points2

Collapse travel redemption table Hide the Aventura Flight Rewards Chart

Aventura Flight Rewards Chart

Destinations Points Required Max. Ticket Price Travel Parameters
Canada and U.S. (Short Haul) 10,000 - 20,000 $400 Within a province or territory or U.S. state or to an adjoining province or territory or U.S. state
Canada and U.S. (Long Haul) 25,000 - 35,000 $800 From any location in Canada or U.S. to any location in Canada or U.S. (except Hawaii and Alaska)
Mexico, Alaska, Hawaii, Central America, Caribbean 40,000 - 60,000 $1,000 From any location in Canada or U.S. to Mexico, Hawaii, Alaska, Bermuda, Central America or Caribbean
Europe 50,000 - 70,000 $1,300 From a major gateway in Canada or U.S. to select destinations in Europe
Rest of the World 75,000 - 125,000 $2,000 From a major gateway in Canada or U.S. to select destinations in Africa or Asia or Australia or New Zealand or South Pacific or Middle East or South America

Effective as of January 1st, 2014

View Aventura Flight Rewards Chart - Valid until December 31st, 2013: PDF document (37 KB)

Note: A new Aventura Flight Rewards Chart will be in effect January 1, 2014; see www.cibcaventura.com where the old chart is posted until Dec. 31, 2013. Chart applies to round-trip economy flights booked through the CIBC Rewards Centre at 1-888-232-5656 or www.cibcaventura.com. The Chart is available to the following cardholders only: Aventura® Visa Infinite™ Card, Aventura Visa™ Card for Business, Aventura World Elite MasterCard™ Card, Aventura Gold Visa Card. The exact number of Aventura Points required to purchase a flight depends on ticket prices set by airlines. You must have at least 80% of the points required to obtain your desired flight (up to 20% of the points required can be purchased at a rate of 1 point = $0.03 CAD). A maximum ticket price (before taxes and other charges) applies for each destination; any excess cost over the maximum ticket price, plus taxes and other charges, must either be charged to your card or paid for with Aventura points at a rate of 100 points = $1.00 CAD. Tickets are nonrefundable. Chart may be changed without notice at any time. For complete details, see Aventura Rewards Program Terms at www.cibcaventura.com.

Visa and Visa Infinite are trademarks of Visa Int./CIBC lic. user.

World MasterCard Elite is a trademark of MasterCard International Incorporated.

All other trademarks are owned by CIBC or related entities.

Rewards from 3,000 Aventura Points

Collapse gift and merchandise redemption table Hide the Aventura gift and merchandise rewards table

Aventura gift and merchandise rewards table

Reward types and minimums Category Reward
Gift cards (from 3,000 points) EntertainmentRestaurants, movie passes, bookstores
RetailShopping malls, gas stations, grocery stores
TravelHotels, spas, transportation
OtherCharities, sporting good stores
Merchandise (from 5,000 points) ElectronicsTablets, cordless phones, TVs, MP3 players
KitchenFlatware, blenders, kitchen appliances
HomeVacuum cleaners, irons
OtherJewelry, golf equipment
Lifestyle rewards (from 10,000 points) EntertainmentTheatre, wine tasting, private chef service
TravelWeekend getaways, bed & breakfasts, city tours
AdventureHelicopter tours, bungee jumping, whale watching
OtherGolf package, be a pilot

Agreements

Insurance

Optional services

CIBC Payment ProtectorTM3 Insurance for Credit Cards

Help protect yourself and your family with CIBC Payment Protector — coverage for your credit card balance should the unexpected happen. Learn more : CIBC Payment Protector