† Offer only open to Canadian residents who are not holders or joint holders of a CIBC chequing account.
To qualify, open a CIBC Smart Account and provide your email address. Within 3 calendar months, set up and complete at least 1 eligible recurring direct deposit OR at least 2 different eligible recurring pre-authorized debits to occur within the same calendar month (each, a “Qualifying Action”). The monthly account fee will be waived for the calendar month in which the account is opened and the first 3 full calendar months immediately following the end of the calendar month in which the account is opened.
If at least 1 Qualifying Action is completed each month for 9 full calendar months following the first 3 calendar months after the account was opened, the monthly account fee will be waived for each calendar month in which the Qualifying Action occurs; the monthly account fee will apply without further notice for each month where no Qualifying Action is completed and at the end of the offer period that began when the CIBC Smart Account was opened. Other service fees continue to apply as set out in the Personal Account Service Fees brochure.
Other conditions apply. For full offer details, visit a CIBC Banking Centre or review the terms and conditions (PDF, 95 KB)Opens a new window in your browser.
** 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 waived when you keep a minimum daily balance of $3,000 and you make a recurring direct deposit or 2 pre-authorized payments each month.
3 This offer applies to the following eligible cards: CIBC Aventura Visa Infinite and CIBC Aventura Gold Visa Card. You must apply and be approved for a new eligible card between July 1, 2019 and October 31, 2019 to qualify for this offer. In order to be eligible for over $750 in travel value, a client must abide by the terms and conditions set out as provided in this footnote and footnotes 8 and 9 below.
The $750 value is based on the following, as of July 1, 2019:
i. $120 travel credit as disclosed in the offer Terms and Conditions as provided below;
ii. $400 value is based on the maximum redemption value for 20,000 Aventura Points on a short haul airfare purchase, based on the Aventura Airline Rewards Chart at cibcrewards.comOpens a new window in your browser, before taxes and other charges;
iii. A Priority Pass membership valued at $99 US each year;
iv. 4 visits with your priority pass membership valued at $27 US per person per visit; and
v. A NEXUS◊ application fee valued at $50 CA or $50 US.
If you apply and are approved for a new card, you can receive:
i. A welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with your card.
ii. An additional bonus of 5,000 Aventura Points if you have at least $1,000 in net purchases posted to your account during the first 4 monthly statement periods. For this bonus 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. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. Card account must be open and in good standing at the time the bonus Aventura Points are awarded.
iii. A $120 travel credit. The $120 travel credit can be used in a single transaction towards flight, hotel, car rental and vacation package bookings made using your CIBC Aventura Visa Infinite or CIBC Aventura Gold Visa Card and towards taxes and fees. The $120 travel credit can also be used towards a travel booking charged to your CIBC Aventura Visa Infinite or CIBC Aventura Gold Visa Card and in conjunction with any rewards purchase or redemption of Aventura Points. If the value of your booking is less than $120, you forfeit the balance of your travel credit. Only the primary cardholder or a delegate can use the travel credit. To apply the travel credit, you must call an Aventura Travel Assistant at 1-888-232-5656; the travel credit cannot be applied or used for online bookings. The $120 travel credit offer cannot be combined with any other CIBC credit card products offering a travel credit. Your account must be in good standing at the time of booking to take advantage of the travel credit. Unused credits will expire on October 31, 2020.
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. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. 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.
◊ Official mark and/or trademark of Her Majesty the Queen in Right of Canada, used under licence.
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 a new window in your browser.
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.
8 Priority Pass benefit is for the primary cardholder only and requires enrollment. For instructions, visit CIBCRewards.com/perksOpens a new window in your browser. Collinson is the administrator of the Priority Pass program. 4 lounge visits are complimentary per membership year for you to use for yourself or your accompanying guests. Each person entering the lounge will qualify as one visit. Member and any accompanying guest(s) apply against the complimentary visit allowance. Membership includes access to any airport lounge participating in the Priority Pass lounge program. To access a lounge, you must show a valid Priority Pass membership card. All additional visits beyond the complimentary visit allowance are subject to a fee of $27 US per person per visit, and all card rates and fees, including foreign exchange rates and fees, apply to this purchase. This price is subject to change. The most recent price, participating airport lounges, facilities, open times, and restrictions can be found at PriorityPass.comOpens a new window in your browser. Applicable lounge visit fees will be billed to your related CIBC Aventura card. Unless cancelled, Priority Pass membership automatically renews on its anniversary date. Priority Pass membership will be cancelled if your CIBC Aventura card is cancelled, no longer in good standing or is no longer linked to your Priority Pass membership. All Priority Pass members must abide by the Priority Pass Conditions of UseOpens a new window in your browser. The Airport Lounge Access services are provided by Priority Pass, and neither CIBC, Visa nor Mastercard are responsible for any losses, claims or damages arising from use of the services.
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).