Annual Fee
$120
Extra Card Fee
$50
Purchase
19.99%
Cash Advance
22.99%
Balance Transfer
22.99%
Personal Income
$15,000
Household Income
$15,000
Canadian resident who has reached the provincial age of majority.
  • Earn 1 point for every $1 spent.
  • Earn 1.5 points for every $1 spent on groceries, gas, and drugstore purchases.
  • Earn 2 points for every $1 spent on trips purchased through the CIBC Rewards Centre.
  • A 15,000 point sign up bonus worth up to $344 in flights.
  • Flexible rewards you can use for travel, merchandise, gift cards, one-of-a-kind activities, or even help pay down your balance and purchase investments.
  • Smart long haul and short haul flight redemption options that use fewer points when you want to book that less costly flight with points.
  • 8 types of travel and purchase insurance.
  • Your first year annual fee is waived.
  • 24/7 concierge service.
Extended Warranty 1 year
Purchase Protection 90 days
Travel Accident $500,000
Emergency Medical 15 days
Flight Delay $500
Baggage Delay $500
Lost or Stolen Baggage $500
Rental Car Theft & Damage Yes

Please review your insurance certificate for details, exclusions and limitations of your coverage.

Our Review

The CIBC Aventura Gold Visa is one of the best flexible rewards cards on the market right now. It's particularly good for those who want a premium travel rewards credit card but don't meet the usual minimum income requirements to qualify.

What makes this card special is that it has nearly all of the features of its big brother, the CIBC Aventura Visa Infinite, but you only need a $15,000 income and good credit to qualify.

As a cardholder you'll get a nice sign up bonus worth up to $344 when redeemed for flights in addition to the rewards you'll earn on every purchase you make:

  • 1 point for every $1 spent
  • 1.5 points for every $1 spent at gas stations, plus grocery and drug stores
  • 2 points for every $1 spent on travel purchased through the CIBC Rewards Centre

These flexible rewards can be used for a number of different things:

  • Flights on any airline,
  • Other types of travel,
  • Merchandise,
  • Gift cards,
  • Vacation packages,
  • Financial services, and...
  • Statement credits.

1 point per $1 spent on most items may seem ho-hum because it is like almost every points based card on the market and it looks worse than those offering 2 points per $1 spent or more.

It's actually much better than it seems though because each point is worth much more than the usual 1 cent per point. Each point is worth up to 2.3 cents when redeemed for highly flexible and valuable flight rewards. For example 35,000 points can be redeemed for a flight on any airline at competitive prices worth up to $800. If you get the full $800 value on your flight, then each point is worth 2.3 cents (rounded up).

That means you're getting at least a 2.3% return on spending but that jumps to 3.5% on gas, groceries, and drugstore purchases and even further to 4.6% on CIBC travel purchases. That makes the 2% return you get with other cards that give you 2 points per $1 spent - where each point is worth 1 cent - look not quite so good anymore.

The Aventura Gold card from CIBC also comes with 8 different types of travel and purchase insurance (which you can find out more about under the Insurance Coverage tab above).

To make travel even easier and worry free, this card comes with 24/7 access to CIBC Travel Concierge Service so you can get help with your travel arrangements, gift buying, reservations, event tickets, and more.

Although this card comes with a fairly high price tag of $120, CIBC will waive the annual fee for the first year, and again, there is only a $15,000 minimum income requirement so it's pretty easy to qualify for.

A few other cards that might interest you.

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