† This offer applies to the following eligible cards: CIBC Aventura Visa Infinite and CIBC Aventura Gold Visa Card. You must apply and be approved for a new eligible card between July 1, 2019 and October 31, 2019 to qualify for this offer. In order to be eligible for over $750 in travel value, a client must abide by the terms and conditions set out as provided in footnotes 1 and 2 below.
The $750 value is based on the following, as at July 1, 2019:
i. $120 travel credit as disclosed in the offer Terms and Conditions as provided below;
ii. $400 value is based on the maximum redemption value for 20,000 Aventura Points on a short haul airfare purchase, based on the Aventura Airline Rewards Chart at www.cibcrewards.com, before taxes and other charges;
iii. A Priority Pass membership valued at $99 U.S. each year;
iv. 4 visits with your priority pass membership valued at $27 U.S. per person per visit; and
v. A NEXUS◊ application fee valued at $50 CA or $50 U.S..
If you apply and are approved for a new card, you can receive:
i. A welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with your card.
ii. An additional bonus of 5,000 Aventura Points if you have at least $1,000 in net purchases posted to your account during the first 4 monthly statement periods. For this bonus 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. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. Card account must be open and in good standing at the time the bonus Aventura Points are awarded.
iii. A $120 travel credit. The $120 travel credit can be used in a single transaction towards flight, hotel, car rental and vacation package bookings made using your CIBC Aventura Visa Infinite or CIBC Aventura Gold Visa Card and towards taxes and fees. The $120 travel credit can also be used towards a travel booking charged to your CIBC Aventura Visa Infinite or CIBC Aventura Gold Visa Card and in conjunction with any rewards purchase or redemption of Aventura Points. If the value of your booking is less than $120, you forfeit the balance of your travel credit. Only the primary cardholder or a delegate can use the travel credit. To apply the travel credit, you must call an Aventura Travel Assistant at 1-888-232-5656; the travel credit cannot be applied or used for online bookings. The $120 travel credit offer cannot be combined with any other CIBC credit card products offering a travel credit. Your account must be in good standing at the time of booking to take advantage of the travel credit. Unused credits will expire on October 31, 2020.
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. 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.
1 Priority Pass benefit is for the primary cardholder only and requires enrollment. For instructions, visit CIBCRewards.com/perks/Opens in a new window.. Collinson is the administrator of the Priority Pass program. Four (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 U.S. 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 in a new window.. 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 Use, which can be viewed at prioritypass.com/conditions-of-use/Opens in a new window.. The Airport Lounge Access services are provided by Priority Pass, and neither CIBC nor Visa 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 CAD 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. In order 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 requirements are determined by the Canada Border Service Agency (CBSA) and the U.S. Customs and Border Protection (US CBP), and can be found at https://www.cbsa-asfc.gc.ca/prog/nexus/term-eng.htmlOpens in a new window..
3 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, see 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. 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. For the CIBC Aventura Visa Infinite Card: TMI also covers the first 3 days of a trip if the covered person is age 65 or older; TMI may not cover medical procedures performed without pre-approval. TMI and TI 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.
4 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.
5 For full details, see maximum ticket prices and Aventura Flight Rewards Chart at the CIBC Rewards CentreOpens in a new window.. 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.
6 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.
7 Earn 1.5 Aventura Points on purchases (less returns) at merchants classified in the credit card network as grocery stores, service stations/automated gas dispensers or drug stores. 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, drug store 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.
8 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.
9 Interest rates may change from time to time. "Cash" means cash advances, balance transfer and Convenience Cheques.
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