† Applications for a new CIBC Aerogold® Visa* Card for Business Plus must be submitted and approved between November 1, 2019 and March 1, 2020 to qualify for this offer.
If an application for a new Aerogold® Visa* Card for Business Plus is submitted and approved, the Rewards Officer can receive:
i. A welcome bonus of 20,000 Aeroplan Miles when the first purchase is made at any time on the Credit Card Account.
ii. An additional bonus of 15,000 Aeroplan Miles if the Credit Card Account has at least $3,000 in net purchases posted to it during the first 4 monthly statement periods.
iii. A one-time annual fee rebate for the Credit Card Account, plus any additional Cards under such Credit Card Account setup at the time of the application. This offer doesn’t apply to annual fees for additional Cards that are added after the application is submitted. This offer applies for the first year only. If the application for an eligible card isn’t approved, you or the Business may be considered for another card (as disclosed in the credit card application). If the application is approved, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card or credit card account, as applicable. If you qualify, the rebate will appear as a credit against the applicable annual fee(s) within 2 statements. The new Credit Card Account must be open and in good standing at time the rebate is awarded.
Offer applies to newly approved Credit Card Accounts only; transfers from an existing CIBC credit card to CIBC Aerogold® Visa* Card for Business Plus are excluded. Credit Card account must be open and in good standing at the time the bonus Aeroplan® Miles are awarded. Aeroplan® Miles are awarded to the Rewards Officer within 8 weeks after all qualifying purchase(s) are posted to the Credit Card Account. The following don’t qualify as purchases: cash advances, balance transfers, CIBC Convenience Cheques, fees, interest, payments and Aeroplan® Miles redemptions. It may take up to several business days for purchases to be posted to the Credit Card Account. This offer isn’t transferable to any other Credit Card Account. This offer may be withdrawn or changed without prior notice at any time. This offer may be revoked if the Business or a Cardholder appears to be manipulating or abusing it, or is engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
1 Subject to change by Aeroplan. According to Aeroplan's current reward chart, destinations reflect a roundtrip Fixed Mileage Flight Reward® in Economy Class departing from within Canada or within the continental U.S. (plus applicable fees and taxes). Fixed Mileage Flight Reward (starting at 15,000 Miles as of November 1, 2019) availability is capacity controlled and is subject to availability at time of booking as well as seasonality of demand. Taxes, landing and departure fees, and other charges and surcharges may apply to Aeroplan Flight Rewards. Aeroplan Partners, rules and regulations are subject to change without notice. For full details on Aeroplan's current reward chart, please visit aeroplan.com. Fixed Mileage Flight Rewards are available at fixed mileage levels, for example above: Aeroplan Miles can be redeemed for a round-trip Fixed Mileage Flight Reward in economy class in Canada and the continental U.S. Miles. Redemption values are accurate as of December 15, 2015, and may change without notice. For details, refer to the Aeroplan Flight Rewards terms and conditionsOpens a new window in your browser.
Certain terms have special meanings given to them. For all terms and meanings, refer to the CIBC Business Credit Card Agreement (Business Liability) (PDF, 135 KB) Opens a new window in your browser..
2 Aeroplan requires at least 1 accumulation or redemption transaction every 12 months in an Aeroplan account or the Aeroplan Miles in that account will expire. CIBC will ensure that this doesn't happen to the one Aeroplan account which is connected to your CIBC Aerogold Visa Card for Business Plus, provided that your credit card account is in good standing. For the full terms and conditions of the Aeroplan Program, visit aeroplan.comOpens a new window in your browser.
3 Visa Business Reporting and Visa Payment Controls are services provided by Visa Canada. You must enroll in these services to use them. Terms and conditions apply.
4 Visa Payment Controls only applies to transactions on enrolled cards that are processed through the VisaNet* transaction-processing system and will not block transactions that are processed through non-Visa networks or transactions that occur offline. Transactions that exceed the cardholder’s specified authorization parameters also may not be blocked due to incorrect or incomplete transaction data received by Visa or for other reasons. The cardholder is responsible for any text message, data or other wireless carrier charges incurred by the cardholder as a result of email or text message block notifications. The business remains liable for the entire balance on the credit card account, even if a particular transaction is not blocked.
5 In Canada, the annual fee may be a tax deductible business expense. For more help, consult a tax professional.
6 CIBC Aerogold Visa* Card for Business Plus has an annual fee $120 for the first Card fee and $50 for any additional card. Annual fees are posted to your credit card account when the application is approved and your card is issued, whether your card is activated or not, and annually afterwards.
7 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 CIBC Convenience Cheques.
8 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).
9 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 $0 after the day your December statement is printed. Terms, conditions and eligible merchant categories may change at any time without notice.
10 CIBC is not 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 aeroplan.comOpens a new window in your browser.
11 All Air Canada benefits are fulfilled in whole or in part by Air Canada, or its designated affiliates or other third-parties, and are subject to change at any time without notice. CIBC and its affiliates are not responsible for fulfilling these benefits. Please allow 2 weeks from receiving your CIBC Aerogold Visa Card for Business Plus for all Air Canada benefits to be activated. These benefits only apply when the Rewards Officer travels using an Aeroplan Flight Reward on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express banner. Flights operated by other airlines are not eligible. The Rewards Officer must redeem their Aeroplan Flight Reward (defined as Fixed Mileage Flight Rewards or Market Fare Flight Rewards) with miles from their Aeroplan Account. To access Air Canada Benefits, the Rewards Officer may be required to show their CIBC Aerogold Visa Card for Business Plus to the Air Canada agent. Additional conditions apply and are outlined below (12 and 13).
12 To access Air Canada Priority Travel Services (the complimentary first checked bag, priority check-in and priority boarding), the Rewards Officer must redeem their Aeroplan Flight Reward for a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express banner with miles from their Aeroplan Account. They must also ensure that the name on their Air Canada flight booking is identical to the name on their Aeroplan Account. Priority check-in may be extended to companions travelling on the same reservation checking-in at the same time as the Rewards Officer. Where boarding by zone is available, the priority boarding status will be recognized by a Zone 2 descriptor for the Rewards Officer and companions travelling on the same reservation checking-in at the same time as the Rewards Officer, which will be displayed on the Air Canada issued boarding pass(es). The complimentary first checked bag, up to 23kg (50 lb), applies solely to the Rewards Officer, and not to travelling companions, and service charges for additional, oversized or overweight baggage may apply. Applicable on flights that do not already offer a complimentary first checked bag.
13 The Rewards Officer will receive one Air Canada Maple Leaf Lounge One-Time Guest Access Benefit once every calendar year (January 1 to December 31), which applies for a single entry by the Rewards Officer only, and it cannot be carried forward to the next calendar year or transferred to another person. The Rewards Officer may access an Air Canada Maple Leaf Lounge, where available, upon presentation of their active CIBC Aerogold Visa Card for Business Plus with a valid, same-day boarding pass for travel using an Aeroplan Flight Reward only on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express banner. To access this benefit, the Rewards Officer must redeem their Aeroplan Flight Reward with miles from their Aeroplan Account. Additional conditions may apply and are outlined on aircanada.com/cibcbenefitsOpens a new window in your browser. Air Canada Maple Leaf Lounge Access is subject to availability and all other current terms and conditions are subject to change at Air Canada's sole discretion from time to time. For details, visit the Air Canada Maple Leaf Lounge admittance terms and conditionsOpens a new window in your browser.
14 Discounts provided as credits on future account statements. This service is provided by Visa Canada. Terms and conditions apply. For complete details on the program, including the program terms and conditions, visit visasavingsedge.caOpens a new window in your browser.
15 Discounts are determined by the participating rental agency and apply to time and kilometer or mileage charges only.
16 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 1-866-363-3338 in Canada, the continental U.S. and Hawaii or collect from elsewhere at 1-905-403-3338. You can also visit cibccentre.rsagroup.caOpens a new window in your browser..