† Cash reward offer begins on April 29, 2023, at 12:01 am ET. Offer available to Canadian residents who are age 25 and older for a CIBC Smart™ Account or have reached the age of majority for a CIBC Smart™ Plus Account, and from 2019 to the time of opening the account are not holders or joint holders of a CIBC chequing account, all as determined by CIBC in its sole discretion. To qualify for the $350 offer, open a CIBC Smart Account or CIBC Smart Plus Account and provide your email address. Within 2 months after the month of opening the account, complete at least 1 or more recurring direct deposits totalling at least $500 per month and 1 of the following 3 activities: (i) 2 different recurring pre-authorized debits within the same calendar month; (ii) 5 eligible Visa* Debit purchases within the same calendar month; or (iii) 2 online bill payments of at least $50 each within the same calendar month. The direct deposit and the pre-authorized debit must remain in effect for at least 1 year from after the month of opening the account. Eligibility of transactions will be determined by CIBC in its sole discretion. Offer cannot be combined with any other offer, reward, rebate or the CIBC Smart Start or Smart for Students benefit on the Smart Account unless otherwise indicated by CIBC. The cash reward will be deposited into your account within 7 months after the month that you opened the account. Other conditions apply; review the terms and conditions (PDF, 135 KB) Opens in a new window..
‡ This offer applies to the following eligible cards: CIBC Aventura® Visa Infinite* and CIBC Aventura® Gold Visa* Card. You can qualify for this offer if you apply and are approved for a new eligible card beginning November 1, 2023.
A one-time annual fee rebate for you — the primary cardholder and up to 3 authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. This offer applies for the first year only. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within 2 statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
If you apply and are approved for a new eligible card, you can receive:
i. A welcome bonus of 15,000 Aventura Points when you make your first purchase.
ii. Additional bonus of 20,000 Aventura Points if you have at least $3,000 in net purchases posted to your account during the first 4 monthly statement periods.
To qualify for the additional 20,000 bonus Aventura Points, you must have at least $3,000 in net purchases posted to your account by the last day of each statement period. Purchases made during a statement period but posted after the end of that statement period will not count towards eligible spend for that month. If this occurs, that purchase will count towards eligible spend for the next statement period. For example, if your statement period is from November 8 to December 7, a purchase made on December 7 (transaction date) that is posted on December 8 (posting date) will not count for eligible spend for the December statement period. In this case, that purchase will count towards spend in the January statement period. If the November 8 to December 7 period was your 12th statement period, then the purchase made on December 7 and posted on December 8 would not count toward this offer.
Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC Aventura® Visa Infinite* Card or CIBC Aventura® Gold Visa* Card are excluded. Card account must be open and in good standing at the time the bonus Aventura Points are awarded. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. The following do not qualify as purchases: cash advances, balance transfers, CIBC Convenience Cheques, fees, interest, Aventura Points redemptions and payments. It may take up to several business days for purchases to be posted to your account. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer. This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
The $800 value is based on the maximum redemption value for 35,000 Aventura Points on a long-haul airfare purchase, based on the Aventura Airline Rewards Chart at CIBC Rewards, before taxes and other charges.
To obtain an Airline Travel Reward, you must redeem at least 80% of the total number of Aventura Points required to purchase it. If you don’t have enough Aventura Points to purchase an Airline Travel Reward in full, you may make a Top Up Purchase of Aventura Points for up to 20% of the total Aventura Points required for the flight excluding Taxes and Other Charges. For Top Up Purchases, Aventura Points may be purchased at a rate of 3 cents per Aventura Point plus applicable taxes. The Top Up Purchase will be charged to your Card and does not earn Aventura Points. Top Up Purchases cannot be refunded or reversed.
** The CIBC free credit score service is a feature in the CIBC Mobile Banking® App which allows CIBC clients to subscribe to get their credit score from Equifax Canada. The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties or by CIBC in certain instances to assess your creditworthiness. The provision of this score to you is intended for your own educational use. Third parties and CIBC will take into consideration other information in addition to a credit score when evaluating your creditworthiness.
You should always get the most up-to-date credit information and credit scores from Equifax Canada to ensure accuracy before making a major financial decision.
1 Please see the Personal Account Service Fees brochure available at cibc.com or in-branch for a description of transactions that are included in the CIBC Smart™ Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services.
2 Your monthly fee is completely rebated when you keep a minimum daily balance of $4,000.
4 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. The exact number of points is dependent on ticket prices set by airlines and is subject to availability. For full details see maximum ticket prices and Aventura Flight Rewards Chart at www.CIBCRewards.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.
5 CIBC foreign exchange rates apply. A Global Money Transfer and a Foreign Exchange transaction counts towards your allowable transaction limit, bank account transaction fees may apply. Must have a CIBC chequing, savings or personal line of credit account to send a CIBC Global Money Transfer. Most transfers are completed by the next business day. However, there are times when a transfer requires 2 to 3 business days to be completed. Read the CIBC Global Money Transfer Agreement (PDF, 100 KB) Opens in a new window..
6 Largest banks in Canada measured by deposits.
7 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder. "Purchase" means card purchases less returns and does not include: cash advances, interest, fees, balance transfers, payments and CIBC Convenience Cheques. "Cash" means cash advances, balance transfers and CIBC Convenience Cheques.
The yearly value of over $190 for Visa Airport Companion Program (hosted and managed by Dragonpass International Ltd.) is based on the comparable cost of direct enrollment for DragonPass membership which costs U.S. $99 and includes one free airport lounge visit worth U.S. $31 every year and the cost of additional 3 paid visits costing U.S. $31 per person per visit. The fees used for the calculation of yearly value are as of April 21, 2022 and may change from time to time.
9 Receive one (1) statement credit up to a maximum value of $100 CA when NEXUS application fee is charged to an eligible card, regardless of NEXUS application approval.
Limit one (1) statement credit every 4 years. You must use your eligible card to pay the NEXUS application fee. To be eligible for the statement credit, cardholders must be in good standing at the time the application fee is charged. CIBC has no control over the NEXUS program including, but not limited to, application approval process, enrollment, or fees charged. NEXUS eligibility requirementsOpens a new window in your browser are determined by the Canada Border Service Agency (CBSA) and the U.S. Customs and Border Protection (US CBP).
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