† To qualify for this offer, applications for a CIBC Aeroplan® Visa* Business Card must be submitted and approved between November 8, 2020 and January 31, 2021.
In order to be eligible for this offer, client must abide by the terms and conditions set out in this footnote.
If an application for a new CIBC Aeroplan® Visa* Business Card is submitted and approved, the primary cardholder can receive:
i. A Welcome Bonus of 10,000 Aeroplan points after the first purchase is made at any time on the Credit Card Account.
ii. A one-time Bonus Companion Pass when you spend $3,000 or more during the first 4 months from the date the credit card account is opened.
iii. 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 CIBC Aeroplan® Visa* Business Card are excluded. Card account must be open and in Good Standing at the time the bonus Aeroplan points are awarded. Aeroplan 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, payments and Aeroplan points redemptions. It may take up to several business days for purchases to be posted to your account. This offer is not transferable to any other card account. This offer may be withdrawn or changed without prior notice at any time.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.
If you already have an Aeroplan number, ensure that you provide your personal Aeroplan number to CIBC to be linked to your credit card as linking a different loyalty number may impact the airline benefit fulfillment.
‡ The Bonus Companion Pass (the “Companion Pass”) entitles a companion to accompany the primary cardholder for a $0 base fare, when a published Economy Class fare marketed and operated by Air Canada, Air Canada Rouge or under the Air Canada Express brand is booked for travel wholly within North America. The Companion Pass is valid for 12 months from the date of issuance. Allow up to 3 calendar days for the Companion Pass to be deposited into the Aeroplan account. The Companion Pass is valid towards a new booking only, and not valid on existing reservations. Bookings must be made directly with Air Canada, via aircanada.com Opens a new window., the Air Canada Mobile App, or through the Air Canada call centre (“Air Canada Reservations”). Valid for one round-trip for a companion when travelling on the same itinerary and booked at the same time as primary cardholder. Maximum one Companion Pass may be used per booking. If one-way travel is booked, the Companion Pass will be deemed fully used and the return portion of travel is forfeited. Total pricing varies based on itinerary booked. Primary cardholder may use the certificate only once for travel wholly within North America, which is defined as Canada and continental United States (excluding Hawaii). Companion will be responsible to pay all applicable taxes, fees, and charges that apply above the base fare. Valid for travel at any time with no blackout periods. Also valid against the purchase of fares on sale. Companion will be booked into same fare brand as primary cardholder and will receive all applicable benefits and services associated with that fare brand. The Companion Pass may not be used with premium cabin fares, or in conjunction with Aeroplan flight rewards, Flight Pass, group travel bookings, Air Canada Vacations bookings, or any other discounts or promotion codes. The Companion Pass must be redeemed at time of purchase of a ticket, and if multiple Companion Passes are available for the Aeroplan number, the Companion Pass that would expire first will be used. Booking must be made before the Companion Pass expiry date; travel may occur after the Companion Pass expiry date subject to flight schedule availability at the time of booking. The Companion Pass may only be used as described, cannot be transferred and has no monetary or exchange value. Changes or cancellations are allowed according to the fare rules of the fare purchased. Changes and cancellations must be made at the same time for both guests, and failure to do so may result in a forfeit of the Companion Pass. If during a change or cancellation the Companion Pass is reinstated in the primary cardholder’s account, the original expiry date will take effect and the Companion Pass may then be considered expired. In the event of a change or cancellation, travellers are required to pay all applicable fees based on the fare type purchased for each ticket, plus the difference in fare, if applicable and all applicable taxes, fees, and charges that apply above the base fare. Companions who are members of the Aeroplan program or other partner frequent flyer programs will not be eligible to accumulate points or miles for the ticket issued in exchange for the Companion Pass. Aeroplan Elite Status benefits and upgrades are applicable if the traveller holds appropriate status and the fare purchased allows for such benefits and upgrades. Air Canada reserves the right to apply additional fees for bookings made via Air Canada Reservations. Unused Companion Passes will automatically be cancelled if your CIBC Aeroplan credit card account is not in Good Standing, or if it is closed, regardless of reason for closure. Unused Companion Passes may no longer be available if the CIBC Aeroplan credit card product is changed to a different product. Terms and conditions of air transportation services are subject to the General Conditions of Carriage and Tariffs Opens a new window. and any other terms and conditions relating to air transportation services in effect at the time of booking, as determined by Air Canada in its sole discretion and as may be changed from time to time.
This one-time Welcome Bonus offer of a Bonus Companion Pass is only valid for eligible cardholders. You will not be eligible for the Welcome Bonus offer of a Companion Pass if you have previously opened an Aeroplan program credit card of the same type, regardless of the credit card issuer, and have received the Welcome Bonus offer in the last 12 months. This offer may be changed, cancelled or extended at any time and cannot be combined with any other offers.
1 The Aeroplan number of the person accessing the benefit must be included in the qualifying reservation, and the name on the airline reservation must be identical to the name on the Aeroplan account of the traveller. For authorized users’ ability to access available benefits, their Aeroplan number must be linked to a valid CIBC Aeroplan credit card account as verified by the bank. Linking can be done by visiting Link Your Aeroplan Account Opens a new window.. Allow up to 72 hours after the CIBC Aeroplan credit card account is approved, or the Aeroplan number of the authorized user is linked to the authorized user credit card, for these benefits to be activated. The Aeroplan accounts of the primary cardholder and authorized users must be in Good Standing at time of flight for airline benefits to apply. Airline benefits will no longer be available if your CIBC Aeroplan credit card account is not in Good Standing, or if it is closed, regardless of reason for closure. Airline benefits may no longer apply if the CIBC Aeroplan credit card product is changed to a different product. Aeroplan membership and benefits are subject to the Aeroplan Program Terms and Conditions Opens a new window. and any applicable Air Canada terms and conditions relating to a benefit, as determined by Air Canada in its sole discretion and as may be changed from time to time. Capitalized terms used have the meanings set out in the CIBC Business Cardholder Agreement (Personal Liability).
2 CIBC Aeroplan Visa Business Card primary cardholders, authorized users, and up to 8 other passengers travelling on the same reservation (up to a maximum of 9 travellers), are each entitled to a free first checked bag up to 23kg/50lbs. Benefit only applies when checking in with Air Canada, for a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express brand. Benefit is not available if check-in is with another airline. If the first checked bag is already complimentary (for example, as a result of Aeroplan Elite Status or fare purchased), there is no additional checked bag benefit that will be provided. Free first checked bag benefit may not be applied retroactively and no refunds will be issued. Service charges for additional/oversized/overweight baggage may apply. For more information on baggage restrictions, visit Air Canada Baggage Information Guide Opens a new window..
3 CIBC Aeroplan Visa Business Card primary cardholders are entitled to receive one (1) Air Canada Maple Leaf Lounge One-Time Guest Pass (each a “Guest Pass”) for every $10,000 in eligible net Purchases (which excludes any returns and credits, Cash Advances, Balance Transfers, Convenience Cheques, fees, interest and payments) charged to the CIBC Aeroplan Visa Business Card account within an account year (being each consecutive 12 month period following the CIBC Aeroplan Visa Business Card account open date) up to a maximum of 4 Guest Passes in an account year. All earned Guest Passes will be deposited in the primary cardholder's Aeroplan account approximately 7-14 calendar days following the account year. Each Guest Pass will expire 12 months from the date of issuance. One Guest Pass may be used for single admittance by the primary cardholder or authorized users or any guest(s) accompanying any of them to access an eligible Air Canada Maple Leaf Lounge (as identified below) upon presentation of a Guest Pass, along with a same-day, confirmed ticket on a flight operated by Air Canada, Air Canada Rouge or under the Air Canada Express brand. Eligible Maple Leaf Lounges are limited to those Maple Leaf Lounges located in Canada and in the United States only and exclude International Maple Leaf Lounges located in the international departure zones of Canadian airports. Access also excludes Air Canada Signature Suites and lounges operated by third parties, such as the Star Alliance member airlines. Any guest entering a Maple Leaf Lounge using a Guest Pass must be accompanied by the eligible primary cardholder or authorized user. Anyone under the age of majority entering a Maple Leaf Lounge must be accompanied by an adult with access to the lounge. Age of majority is determined by the jurisdiction in which the Maple Leaf Lounge is located. Benefit may only be used as described, and otherwise cannot be transferred. Access is subject to space availability. An unused Guest Pass will automatically be cancelled if your CIBC Aeroplan credit card account is not in Good Standing, or if it is closed, regardless of reason for closure. An unused Guest Pass may no longer be available if the CIBC Aeroplan credit card product is changed to a different product. All Maple Leaf Lounges Terms and Conditions apply and can be reviewed at Maple Leaf Lounges Terms and Conditions Opens a new window..
4 The current annual interest rate for purchases is set at either RDS%rate[2].VSASB.Published(null,null,7,null)(#O2#)%, 15.99% or 18.99% and the current annual interest rate for cash advances, balance transfers and CIBC Convenience Cheques is set at either 14.5%, 17.5% or 21.5%, all based on your personal credit bureau and other information at the time your application is processed. 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.
5 Aeroplan points will be earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments or Convenience Cheques. Earn bonus rate of 1.5 Aeroplan points on each $1.00 in purchases (net of and/or less returns) at merchants that are classified in the Visa network as airlines, car rental agencies, travel agencies/ tour operators, hotels, cruise lines, tour buses/bus lines, local/suburban commuter passenger transportation, ferries, local water transportation, railways, limousines/cabs and certain other transportation services, shipping, internet, cable, phone services and dining. Bonus rate of 2 Aeroplan points on each $1.00 in purchases (net of and/or less returns) made directly from Air Canada, for products and services completed online at aircanada.com Opens a new window., in-person at an Air Canada customer service counter at the airport or aboard an Air Canada flight and Air Canada Vacations packages. Excluded from the bonus rate are car rentals, hotel bookings, and other third party partner products and services that can be purchased through aircanada.com Opens a new window.. Bonus rate of 2 Aeroplan points per $1 spent on Air Canada purchases made directly through an Air Canada channel will not earn bonus rate of 1.5 Aeroplan points for travel purchases. Bonus Aeroplan 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 which Aeroplan points are earned at the regular rate on net card purchases. The $80,000 annual limit will reset to zero on the day after your December statement is printed. Terms, conditions and eligible merchant categories may change at any time without notice. Aeroplan points will be awarded only if your CIBC Aeroplan Visa Business Card account is in Good Standing on each monthly statement date (otherwise Aeroplan points earned in the monthly period are cancelled). Aeroplan partners, rules and regulations are subject to change; refer to Aeroplan Opens a new window..
6 CIBC is not responsible for any Aeroplan points earned under this “earn points twice” feature of the Aeroplan program when the Aeroplan number is provided. For the full terms and conditions of the Aeroplan program, visit Aeroplan Program Terms and Conditions Opens a new window..
7 Aeroplan points displayed are estimated ranges for one-way or round trip travel, and are for informational purposes only. For travel in high-demand periods, such as a popular time to visit a destination or during a holiday period, the actual price in Aeroplan points might be higher. Aeroplan points required for itineraries combining both Air Canada and partner airline flights may vary. For flight rewards including travel with a partner airline, a partner booking fee will apply. Aeroplan points required for partner airline flight rewards are based on the actual distance flown between origin and destination. Taxes and third-party charges may apply. For full details please visit. For full details please visit Aeroplan Program Terms and Conditions Opens a new window..
8 The rewards calculator tool is only for general illustration purposes; your actual results may differ. Welcome Bonus applies only in the first year. Aeroplan points will be earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, convenience cheques or Aeroplan point redemptions (as applicable). For the CIBC Aeroplan Visa Infinite Card, bonus rate of 1.5 Aeroplan points on each $1.00 in purchases (net of and/or less returns) on gas, grocery and Air Canada purchases is only available on the first $80,000 in net annual card purchases on the account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at gas and grocery merchants or on Air Canada purchases will earn Aeroplan points at the regular rate of 1 Aeroplan point on each $1.00 in purchases (net of and/or less returns). For the CIBC Aeroplan Visa Business Card and CIBC Aeroplan Visa Business Plus Card, bonus rate of 1.5 Aeroplan points on each $1.00 in purchases (net of and/or less returns) on travel, dining, shipping, cable, internet and phone services purchases and bonus rate of 2 Aeroplan points on each $1.00 in purchases (net of and/or less returns) on Air Canada purchases, are only available on the first $80,000 in net annual card purchases on the account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at travel, dining, shipping, cable, internet and phone services merchants or on Air Canada purchases will earn Aeroplan points at the regular rate of 1 Aeroplan point on each $1.00 in purchases (net of and/or less returns). For the CIBC Aeroplan Visa Infinite Privilege Card, bonus rate of 1.5 Aeroplan points on each $1.00 in purchases (net of and/or less return) on gas, grocery, travel and dining purchases and bonus rate of 2 Aeroplan points on each $1.00 in purchases (net of and/or less returns) on Air Canada purchases, are only available on the first $100,000 in net annual card purchases on the account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at gas, grocery, travel and dining merchants or on Air Canada purchases will earn Aeroplan points at the regular rate of 1.25 Aeroplan points on each $1.00 in purchases (net of and/or less returns). For the CIBC Aeroplan Visa Card, bonus rate of 1 Aeroplan point on each $1.00 in purchases on gas, grocery and Air Canada purchases is only available on the first $40,000 in net annual card purchases on the account (meaning all card purchases by all cardholders, at any type of merchant); after that net card purchases at gas and grocery merchants or on Air Canada purchases will earn Aeroplan points at the regular rate of 1 Aeroplan point on each $1.50 in purchases (net of and/or less returns). Bonus rate earned on Air Canada purchases made directly through an Air Canada channel will not earn bonus rate for travel purchases. Terms, conditions and eligible merchant categories may change at any time without notice.
For details about earning and redeeming rewards, the Welcome Bonus and other card benefits, including terms and conditions, review the benefit guides on CIBC Agreements and Insurance. For the full terms and conditions of the Aeroplan program, visit Aeroplan Program Terms and Conditions Opens a new window..
In case of a discrepancy between the redemption amount shown above and displayed on Air Canada Flight Rewards Chart, the redemption amount displayed on Air Canada Flight Rewards Chart shall apply. To review the chart, go to Aeroplan Flight Reward Chart (PDF, 475 KB) Opens a new window.. All information is valid at the time of publication and is subject to change.
9 From time to time, primary Aeroplan credit cardholders can get access to preferred pricing, which means they can book flight rewards for even fewer points. The number of points required to book a flight reward is determined by several factors, including, but not limited to, holding an eligible Aeroplan-branded credit card, along with other rules as determined by Aeroplan in its sole discretion.
10 Learn more at Aeroplan Opens a new window..
11 For every $5,000 in eligible net Purchases (which excludes any returns and credits, Cash Advances, Balance Transfers, Convenience Cheques, fees, interest and payments) charged to your CIBC Aeroplan Visa Business Card account, primary cardholders will receive 1,000 Status Qualifying Miles (“SQM”) and 1 Status Qualifying Segment (“SQS”), to be deposited in their Aeroplan account at the end of the next CIBC Aeroplan credit card account billing period. Allow up to 3 calendar days after your CIBC Aeroplan credit card account statement date for the deposit to appear. SQM and SQS are not redeemable towards Aeroplan Rewards and only count toward Aeroplan Elite Status qualification. SQM do not count towards Million Mile Status. Authorized users are not eligible to receive SQM or SQS through this benefit; however, all eligible spend by authorized users will count towards the primary cardholder’s spend. Primary cardholders may earn unlimited bonus SQM and SQS during an Aeroplan Elite Status qualification period. All Aeroplan Elite Status Conditions apply and can be reviewed at Air Canada Elite Terms and Conditions Opens a new window..
12 Subject to availability. If there is a seat available for purchase in cash, it will be available in points. There are no blackout periods.
13 For full details, visit Aeroplan Program Terms and Conditions Opens a new window..
14 Insurance coverage(s) included with CIBC credit cards are underwritten by Royal and Sun Alliance Insurance Company of Canada. You may contact the insurer at 1-866-363-3338 Opens your phone app. in Canada and the U.S. or collect from elsewhere at 905-403-3338 Opens your phone app. or visit CIBC Cards Insurance Benefits Opens a new window.. Different cards will have different coverage(s). To learn about which insurances are included and important information regarding coverage eligibility requirements, benefits, limitations and exclusions, see CIBC 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 to activate coverage. Other conditions may also apply. Car Rental Collision Loss Damage Insurance (CLDI) is available for a rental period of up to 48 days for rental vehicles with a MSRP up to $65,000 CAD. 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 coverage(s) are "excess insurance" (all other sources of insurance and recovery must be exhausted before coverage is available).
15 We may withdraw approval if we become aware of any unfavourable information regarding your financial position or account status, or if you are unable to provide any additional information reasonably requested by CIBC. The application response time may take longer than 60 seconds in the event of technology issues. If you supply your email address, an application status email will be sent as soon as the technology issues are resolved. Otherwise, you will receive a response to your credit card application within 7 to 10 business days.
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