The CIBC Rewards program, the last in our rewards program series, will give you a typical array of options for using points. You can choose from:
- gift cards,
- financial products, as well as
- exclusive experiences.
Like all rewards programs, these different redemption options will give you a variety of point values.
Not sure where to start? Luckily, we’ve done the work for you.
Let’s dive into what CIBC has to offer – from the best ways to use your points to get max value, to their suite of 5 credit cards you need to earn these points.
CIBC Rewards ‒ Aventura points at a glance
|Value of a CIBC Aventura point:||High: 0.023 for travel
Low: 0.0063 for statement credits
|Ways to redeem CIBC Aventura points:||* Airline Rewards Chart – 2.3 cents per point (CPP)
* Travel booked any way – 1 CPP
* Charity donations – 1 CPP
* CIBC financial products – 0.83 CPP
* Merchandise – 0.71 CPP
* Gift cards – 0.71 CPP
* Statement credits – 0.63 CPP
* Exclusive experiences
|How to earn CIBC Aventura points:||* 5 credit cards|
|Who these rewards are good for:||* World travellers|
|Frequently Asked Questions:||* Level of flexibility? High
* Blackout dates? No
* Do rewards expire? No
* Rewards cover taxes and fees? Yes
* Can these rewards be transferred? No
* Is there a way to earn rewards faster? No
* Do they price match travel costs? No
* Do I get points back if I cancel award booking? No
* CIBC Rewards contact info
Redeem CIBC Aventura points
There are a variety of ways to redeem your CIBC Aventura points, with options ranging from travel to merchandise, and CIBC financial products to exclusive experiences.
We’ll break each of these options down for you by cents per point (CPP), so you can get the most value.
Redeem CIBC Aventura points for travel: 2.3 CPP
Like with most rewards programs, redeeming for travel will give you the best value for your points.
When redeeming your Aventura points for travel, you have two options. You can use the CIBC flight chart or book any travel you want and use your points to pay for it.
Let’s start with the flight chart option.
CIBC Aventura Airline Rewards chart: 2.3 CPP
Using the Aventura Airline Rewards chart will give you the best value, by far.
Similar to how other flight charts work, you get to choose from set flight distances and pay the base airfare with a set number of points. Taxes, fees, and other charges are extra.
The point value for this chart is based on the highest number of points required for each type of flight.
|Types of Flights||Points Required||Max Ticket Price||Point Value|
|Short-haul Canada & U.S.
(between neighboring provinces & states)
|10,000 ‒ 20,000||$400||2 cents|
|Long-haul Canada & U.S.
(not including Alaska & Hawaii)
|25,000 ‒ 35,000||$800||2.3 cents|
|Mexico, Alaska, Hawaii, Caribbean & Central America||40,000 ‒ 60,000||$1,000||1.7 cents|
|Select European destinations
(must travel from a major gateway in Canada & U.S.)
|50,000 ‒ 70,000||$1,300||1.9 cents|
|Rest of the world
(must travel from a major gateway in Canada & U.S.)
|75,000 ‒ 125,000||$2,000||1.6 cents|
As you can see, the potential value of your points can vary quite a bit.
Booking a long-haul flight within Canada or the Continental U.S. is your best choice, giving you a point value of 2.3 cents.
Although this doesn’t include the taxes and fees, you have the option to use points to cover these at a value of 1 CPP…which takes us to our next redemption option.
Book any travel: 1 CPP
The other way to redeem your points for travel is to book any travel through CIBC Rewards, where each point is worth 1 cent. A minimum redemption of 3,000 points ($30) is required.
Something to note: if you’re looking to book a flight using the flight chart, make sure to get a point value of at least one cent, otherwise there are better ways to redeem for flights.
CIBC Rewards doesn’t offer price matching.
Redeem CIBC Aventura points for charity donations: 1 CPP
If you’re looking to give back in some way, you can use your points to donate to charity.
More specifically, canadahelps.org.
2,500 points will be a donation of $25, a point value of 1 cent.
Redeem CIBC Aventura points for financial products: 0.83 CPP
You can also use your points to pay for CIBC financial products.
Here are some of the options:
- residential mortgage prepayment,
- investment contributions, and
- pay down a CIBC loan or personal line of credit.
12,000 points will give you a $100 payment or contribution, giving a point value of 0.83 cents.
Redeem CIBC Aventura points for merchandise: 0.71 CPP
Looking to score some merchandise for your points? CIBC Rewards has an extensive catalogue to choose from.
The items we surveyed had a point value range of 0.4 to 0.87 cents per point, with an average value of 0.71 cents.
Here’s a list of what we looked at:
|Item||Points Required||Price||Point Value (cents)|
|Nikon COOLPIX B500||44,300||$384.20||0.87|
|Google Home Mini||11,000||$89.27||0.81|
|Apple iPad mini 4 Wi-Fi 128GB||75,900||$598.90||0.79|
|Apple TV 4K 32-gb||33,500||$258.77||0.77|
|Angelcare® Video Movement & Sound Monitor||25,900||$195.49||0.75|
|Bosch 8-1/2″ Single-Bevel Slide Miter Saw||69,000||$506.24||0.73|
|Fitbit Charge 3||27,000||$192.10||0.71|
|KitchenAid® Glass Tea Kettle||20,800||$146.90||0.71|
|High Sierra Endeavour Elite Backpack||16,200||$97.18||0.60|
|Hasbro Monopoly Classic||5,700||$22.60||0.40|
*Price as found on google, with 13% sales tax added.
Redeem CIBC Aventura points for gift cards: 0.71 CPP
Prefer gift cards over merchandise? There’s also a wide variety available in various denominations.
They are almost all worth 0.71 cents per point, with one exception: CIBC prepaid Visa cards, which were only worth 0.63 cents per point.
Redeem CIBC Aventura points for statement credits: 0.63 CPP
If you’re hoping to take a bite out of your credit card bill, you can also use your points to do just that.
4,000 points will give you a $25 statement credit, a point value of 0.63 cents.
Redeem CIBC Aventura points for exclusive experiences
If there’s one thing money can’t buy, it’s experience.
But, with your CIBC rewards, you can use your points to make bids on unforgettable experiences with CIBC’s auctions.
For example, you could bid on a Bermuda Island Retreat at Fairmont Southampton, or a Grand Exotic Car Tour Experience for Two.
Quantities are limited.
CIBC Aventura credit cards
Getting a CIBC Aventura credit card is the only way to earn CIBC Rewards points. There are 5 credit cards in total, and we’ll give a brief overview of each one.
CIBC Aventura personal credit cards
The premium offering in the program, the
Don’t meet those income requirements? The
And if it’s the annual fee that’s the problem, check out the
Related: Best Travel Credit Cards In Canada
CIBC Aventura student credit card
If you’re a student looking to collect some travel rewards, the
Related: Best Student Credit Cards In Canada
CIBC Aventura U.S. Dollar credit card
CIBC Aventura Business Card
For business owners, there’s the
CIBC Rewards questions and answers
Here are the answers to some of your commonly asked questions about the CIBC Rewards program.
How flexible are these rewards?
Yes, these are very flexible rewards. You’ll get great value with CIBC’s Airline Redemption Chart, plus get to use your points for gift cards, statement credits, financial products, etc.
Are there blackout dates?
No, there are no blackout dates.
Do these rewards expire?
No, provided your credit card account is in good standing.
Can you use points to cover taxes & fees?
Yes, you can use your points to cover taxes and fees.
Can these rewards be transferred?
No, with one exception – if you had a CIBC Aventura World Elite Mastercard, Aventura Visa Infinite, or Aventura Gold Visa card and the account was opened prior to October 1, 2013, you can transfer your points 1:1 to Aeroplan in 10,000 point increments.
Is there a way to earn rewards faster?
No, using an Aventura credit card is the only way to earn points.
Do they price match travel costs?
No, CIBC Rewards does not price match travel costs.
If I cancel an award booking, can I get my points back?
No, there are no refunds on any travel paid for with rewards.
What is CIBC Rewards’ contact details?
To contact CIBC Rewards, call 1-888-232-5656 in Canada or the U.S.
Elsewhere, call 905-696-4907.
Wrapping it up
CIBC offers a strong program when it comes to earning rewards, on par with similar rewards programs from the other big 5 banks in Canada.
And with a good variety of credit cards to choose from, there’s surely one to suit your preferences.
Do you collect Aventura rewards? What has your experience been with this rewards program?
Let us know in the comments below.
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