By applying for a CIBC Aventura® Visa Infinite* Card, you are also asking CIBC to consider you for a CIBC Aventura Gold® Visa* Card. If you qualify for both Cards, you will receive the CIBC Aventura Visa Infinite Card. If you cannot be approved for the CIBC Aventura Visa Infinite Card, you are asking CIBC to consider you for a CIBC Aventura Gold Visa Card instead. You understand that the CIBC Aventura Visa Infinite Card and the CIBC Aventura Gold Visa Card have the same Welcome Bonus, same interest rate and fees, but the CIBC Aventura Gold Visa Card does not provide Out-of-Province Emergency Travel Medical Insurance if a primary cardholder and spouse are age 65 or over, and does not include Trip Cancellation/Trip Interruption.
1 Offer is subject to credit adjudication and income verification. You understand that CIBC will conduct a credit check as a part of this application. To be eligible for the CIBC Aventura Visa Infinite Card, you must meet the minimum $60,000 annual personal income or $100,000 annual household income requirement. CIBC reserves the right to withdraw this offer at anytime if your annual personal income is less than $60,000 or if your annual household income is less than $100,000, or if any unfavourable change in your financial position or account status has occurred recently or occurs after you accept this offer. If you do not meet either income requirement, this will be considered an application for the CIBC Aventura Gold Visa Card. Offer does not apply to individuals who have not reached the age of majority in their province/territory of residence or to current CIBC Aventura Gold Visa or CIBC Aventura Visa Infinite Cardholders.
2 This offer applies to the following eligible cards: CIBC Aventura Visa Infinite and CIBC Aventura Gold. If you apply and are approved for this offer between November 1, 2017 and December 31, 2017, CIBC will rebate the annual fee for you (the Primary Cardholder) ($120) and up to three authorized users ($50 each) added at the time of the application. This offer only applies to the product that you get approved on, and does not carry over on any product transfers. This offer does not apply to annual fees for authorized users that are added after you submit your application. This annual fee rebate offer applies only for the annual fee for you and any qualifying authorized users on the anniversary month statement period each year for the first three years, for a total of 3 annual fee rebates for each cardholder. If your application for the CIBC Aventura Visa Infinite 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 rebate offer will still apply. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within two monthly statements. Plus, you will receive a welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with an eligible card. Purchases do not include cash advances, interest, fees, balance transfers, payments, CIBC Convenience Cheques or Aventura Point redemptions. Aventura Points are awarded to you within 8 weeks after the qualifying purchase(s) are posted to your account. It may take up to several business days for purchases to be posted to your account. Your new credit card account must be open and in good standing at time the rebate and the Aventura Points are awarded. This offer is not transferable and cannot be combined with any other offer. This offer does not apply to transfers from another credit card account. This offer may be withdrawn or changed without prior notice at any time. CIBC may, in its sole discretion, disqualify, limit or revoke this offer if you are believed to be abusing or manipulating it, or engaging in any suspicious or fraudulent activity.
3 The CIBC Aventura Visa Infinite Card (or in the case of the CIBC Aventura Gold Visa Card) comes with an annual interest rate of 22.99% for Cash and 19.99% for Purchases. Interest rates may change from time to time with at least 30 days prior notice to primary cardholders. “Purchase” means card purchases less returns and does not include: cash advances, interest, fees, balance transfers, payments, CIBC Convenience Cheques or Aventura Point redemptions. “Cash” means cash advances, balance transfers and Convenience Cheques. Please refer to the document, “CIBC Credit Card Summary of Annual Interest Rates and Fees” for more details.
4 A short haul flight can be redeemed for 10,000–20,000 Aventura Points. The exact number of points is dependent on ticket prices set by airlines and is subject to availability. For full details see maximum ticket prices and Aventura Flight Rewards Chart at CIBCRewards.com. Some airlines may impose fees, restrictions or other conditions on air travel. Aventura Points will be cancelled if they remain unredeemed for 60 days after you voluntarily close your Aventura credit card account or within 12 months of the primary cardholder’s death.
5 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 www.cibc.com/ca/credit-card/agreements-insurance.html and the insurance certificate(s) in your card package. Some insurance coverage(s) require purchases, auto rentals, common carrier fares, hotel/motel and other trip costs to be charged to the card to activate coverage. Other conditions may also apply. Auto Rental Collision/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. Out-of-Province Emergency Travel Medical Insurance (TMI) covers the primary cardholder, their spouse and dependent children for the first 15 days of a trip if the primary cardholder and spouse are age 64 or under. For the CIBC Aventura Visa Infinite Card, TMI covers the primary cardholder, their spouse and dependent children for the first 3 days of a trip if the primary cardholder and spouse are age 65 or older. For all cards that have TMI coverage, dependent children must be under 21 years of age or under 25 years of age if a full-time student, unless they have a permanent physical or mental impairment. TMI may not cover medical procedures performed without pre-approval. TMI, Trip Cancellation and Trip Interruption Insurance may not cover certain pre-existing health/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 RSA toll-free at 1 866 363-3338 in Canada, continental U.S. and Hawaii or collect from elsewhere at 905 403-3338.
6 The Aventura Travel Assistant is operated by an independent travel service agency, Merit Travel Group Inc. Registration Numbers: ON.50010422/4499356, BC.34799, QC.7002238.
7 Aventura Points are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aventura Points redemptions. Aventura Rewards and Program Terms may change without notice. Taxes, fees and other charges may apply to Rewards. Aventura Points earned on purchases during a monthly statement period may not be credited to you if your card is not in good standing at any time during the monthly statement period.
8 Earn 1.5 Aventura Points on purchases (less returns) at merchants classified in the credit card network as grocery stores, service stations or automated gas dispensers or drugstores. 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 grocery, drugstore and gas 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 without notice.
9 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 are not earned on travel obtained by redeeming Aventura Points. For full details and important information regarding the CIBC Bonus Rewards Benefit, please visit cibcbonusrewards.com.