† The bonus interest offer only applies to clients opening their first CIBC eAdvantage Savings Account (“eSA”). Eligible eSAs will earn bonus interest (“Bonus Interest”) for 120 days from the date the eSA is opened, in addition to regular interest (“Regular Interest”).
Bonus Interest is calculated daily at the current rate on each day’s full closing balance, up to a balance limit of $1,000,000, and paid monthly. Regular Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. Regular and Bonus Interest rates quoted are annual. Regular Interest rates may change at any time without prior notice. For current Regular Interest rates, ask at any CIBC Banking Centre or visit the CIBC homepage.
Other conditions apply. For full offer details, review the Terms and Conditions (PDF, 105 KB) Opens a new window in your browser. or visit a banking centre.
‡ 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 June 2, 2020.
If you apply and are approved for a new eligible card, you can receive:
i. A welcome bonus of up to 20,000 Aventura Points.
The 20,000 Aventura Points will appear on your statement as follows:
i. Welcome bonus of 15,000 Aventura Points when you make your first purchase
ii. Additional bonus of 5,000 Aventura Points when you spend $3,000 or more during the first 4 monthly statement periods
ii. A one-time annual fee rebate for you (the primary cardholder) and up to three 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 two statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
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. 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.
†† This limited-time cash-back offer is valid from March 2, 2020 to June 30, 2020 and is available for mortgage loans for purchases, including first-time homebuyers, new mortgages, transfers in, and mortgage loans under the Home Power Plan (HPP).
◊◊ Applications for a new, eligible Business Credit Card Account must be submitted and approved between November 6, 2019 and October 31, 2020 to qualify for this offer.
2 A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC credit cards and CIBC personal lines of credit) and debit purchases.
3 Interest is calculated daily at the current rate on each day's full closing balance and paid monthly.
4 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder.
5 In Canada, the annual fee may be a tax deductible business expense. For more information, consult a tax professional.
6 The rebate is also available for cardholders with the following CIBC credit cards (these credit cards aren’t available for new clients): CIBC Aventura World Mastercard®, CIBC Aventura World Elite® Mastercard, CIBC Aerogold Visa and CIBC Gold Visa Card. The rebate is up to $120 on the annual fee for primary cardholder and up to $50 on the annual fee for up to 3 additional cards.
7 Transactions include any debits and credits to your account (excluding CIBC interest credits and fee debits).
8 CIBC Personal Portfolio Services is a discretionary investment management service provided by CIBC Trust Corporation and distributed by CIBC Investor Services Inc., subsidiary of CIBC, to individuals with household investable assets greater than $100,000.
9 CIBC Smart Investment Solutions is distributed by CIBC Securities Inc. and CIBC Investor Services Inc., each wholly-owned subsidiaries of Canadian Imperial Bank of Commerce (CIBC).
10 Premium Edge is available through CIBC Investor’s Edge. CIBC Investor’s Edge is the self-directed brokerage division of CIBC Investor Services Inc.
11 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 aren’t earned on travel obtained by redeeming Aventura Points.
12 Earn 1.5 Aventura Points, as applicable, per dollar charged on purchases, excluding returns, at merchants classified in the Visa network as service stations or automated gas dispensers, airlines, hotels, car rental agencies, cruise lines, travel agencies or tour operators, tour buses or bus lines, local or suburban commuter passenger transportation, ferries, local water transportation, railways, limousines or cabs and certain other transportation services. 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 gas and travel service 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 at any time without notice.
13 Aventura Points are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments or Convenience Cheques. Aventura Points will be awarded only if your CIBC credit card account is in good standing on each monthly statement date, otherwise Aventura Points earned in the monthly period are cancelled.
14 If you’re the Rewards Officer for a CIBC Aventura Visa Card for Business Plus and you’re also the primary cardholder on a personal CIBC Aventura Visa Infinite, CIBC Aventura Gold Visa, CIBC Aventura World MasterCard or CIBC Aventura World Elite MasterCard and both cards are in good standing, you can transfer your Aventura Points from one account to the other through the CIBC Rewards Centre or by calling 1-888-232-5656Opens your phone app..
15 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, go to Agreements and Insurance and review the insurance certificate(s) in your card package. Some insurance coverage(s) require purchases, auto rentals, common carrier fares, hotel or motel and other trip costs to be charged to the card and be for business purposes to activate coverage. Other conditions may also apply. Auto Rental Collision and Loss Damage Insurance (CLDI) is available for automobile rentals of up to 48 days for rental vehicles with a MSRP up to $65,000. 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. Trip Cancellation and Trip Interruption Insurance may not cover certain pre-existing health and 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 the insurer toll-free at 1-866-363-3338Opens your phone app. in Canada, the continental U.S. and Hawaii or collect from elsewhere at 1-905-403-3338Opens your phone app.. You can also visit the CIBC RSA pageOpens a new window in your browser..
16 CIBC isn’t responsible for any Aeroplan Miles earned under this "earn miles twice" feature of the Aeroplan Program when the Aeroplan card is presented. For the full terms and conditions of the Aeroplan Program, visit AeroplanOpens a new window in your browser..
17 Earn 1.5 Aeroplan Miles, as applicable, per dollar charged on purchases, excluding returns, at merchants classified in the Visa network as service stations or automated gas dispensers, airlines, hotels, car rental agencies, cruise lines, travel agencies or tour operators, tour buses or bus lines, local or suburban commuter passenger transportation, ferries, local water transportation, railways, limousines or cabs and certain other transportation services. This bonus Aeroplan Miles 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 gas and travel service merchants will earn Aeroplan Miles 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 at any time without notice.
18 Aeroplan Miles are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments or Convenience Cheques. Aeroplan Miles will be awarded only if your CIBC credit card account is in good standing on each monthly statement date, otherwise Aeroplan Miles earned in the monthly period are cancelled.
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