Understanding reward points

If you’re specifically interested in earning reward points on your credit card, you have plenty of choices available to you. CIBC offers a robust selection of points cards, including those that offer Aeroplan Miles, Aventura Points, gas points and regular cash back. Learn how these various credit card rewards work, including how you accumulate, redeem and enjoy your rewards.


Aventura®1 Points

If you’d like a little more flexibility with your reward points, consider Aventura Points. With an Aventura Points card, you can accumulate rewards quickly and redeem them for a variety of travel-related expenses. Just like Aeroplan Miles, you may be rewarded with points just for opening the account and making one purchase. Then, you can earn more Aventura Points on a variety of purchases as well as earn bonus points when you make purchases with businesses that participate in the CIBC Bonus Rewards plan.

To redeem your rewards, visit the Aventura Points site to see which rewards are available to you. You can also do this over the phone by calling 1-888-232-5656.


Aeroplan Miles

You can participate in one of the largest travel rewards programs just by using your credit card. Depending on the credit card you choose, you may earn Aeroplan® miles when you open the account and make your first purchase. You can then earn miles on a variety of purchases.

For example, you can earn a mile or more for every dollar you spend buying groceries, gas or essentials at your local pharmacy (this feature applies on your first $80,000 in total annual account spending on your account, at these merchants or elsewhere). You can also earn miles by shopping with participating vendors in the Aeroplan Miles program.

When you’re ready to redeem your rewards, you can visit the official Aeroplan Miles site. There, you can book travel, buy merchandise or transfer your miles. For as little as 15,000 miles, you can get airline tickets. The more miles you have, the farther you can go.


Cash back credit card reward
s

Of course, you may prefer just earning cash back so you can use it for a purchase of your choice, whether it’s travel-related or just used to reduce your balance. If that’s the case, CIBC has you covered with several cash back cards that reward you for everyday purchases.

Depending on the cash back card you choose, you can earn up to 2 percent cash back on the total of every purchase you make and then supplement that with bonus cash back rewards when you use your card to shop at retailers, restaurants and other venues who participate in the CIBC Bonus Rewards program. At the end of the year, the cash back that you earned is applied directly to your credit card.


Apply for a rewards credit card with CIBC

Ready to start earning Aventura Points, Aeroplan Miles or cash back? Start now by applying for a credit card online or over the phone by calling 1-800-465-4653. If you’re still not sure which rewards card is right for you, CIBC can help you choose a credit card.

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