† 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 October 28, 2021.
A one-time annual fee rebate for you — the primary cardholder and up to 3 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 2 statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
If you apply and are approved for a new eligible card, when you make your first purchase you can receive:
i. A welcome bonus of 15,000 Aventura Points
ii. Additional bonus of 5,000 Aventura Points
To qualify for the additional 1,250 bonus Aventura Points for each statement period, you must have at least $1,000 in net purchases posted to your account by the last day of each statement period. Purchases made during a statement period but posted after the end of that statement period will not count towards eligible spend for that month. If this occurs, that purchase will count towards eligible spend for the next statement period. For example, if your statement period is from November 8 to December 7, a purchase made on December 7 (transaction date) that is posted on December 8 (posting date) will not count for eligible spend for the December statement period. In this case, that purchase will count towards spend in the January statement period. If the November 8 to December 7 period was your 12th statement period, then the purchase made on December 7 and posted on December 8 would not count toward this offer.
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.
The $800 value is based on the maximum redemption value for 35,000 Aventura Points on a long-haul airfare purchase, based on the Aventura Airline Rewards Chart at CIBC Rewards Opens in a new window., before taxes and other charges.
To obtain an Airline Travel Reward, you must redeem at least 80% of the total number of Aventura Points required to purchase it. If you don’t have enough Aventura Points to purchase an Airline Travel Reward in full, you may make a Top Up Purchase of Aventura Points for up to 20% of the total Aventura Points required for the flight excluding Taxes and Other Charges. For Top Up Purchases, Aventura Points may be purchased at a rate of 3 cents per Aventura Point plus applicable taxes. The Top Up Purchase will be charged to your Card and does not earn Aventura Points. Top Up Purchases cannot be refunded or reversed.
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1 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.
2 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).
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