Pros & cons
Pros
- Up to 10,000 bonus points.
- Earn 1 points per $1 spent on all purchases.
- Points worth up to 2 cents each.
- Save 3 cents per litre on fuel at Journie Rewards gas stations.
- No annual fee.
Cons
- Limited insurance included.
Your rewards
Getting your welcome bonus
Based on $3,000 in monthly spending, you can get up to 10,000 points which translates to an estimated $200.◊
For all welcome bonus details click here.
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With CIBC Aeroplan Visa Card for students, here's how you earn rewards:
- 1 point per $1 spent on eligible gas , EV charging , groceries , and Air Canada
- 1 point per $1.50 spent on all purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For CIBC Aeroplan Visa Card for students in particular, if you spend $3,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Flights | $560 | |
| Air Canada Gift Cards | $280 | |
| Car rentals | $252 | |
| Vacation packages | $232 | |
| Hotels | $229 | |
| Merchandise | $207 | |
| Gift Cards | $199 |
| Redemption Option | Point Value | Total Value |
|---|---|---|
| Flights | 2 cents | $20 |
| Air Canada Gift Cards | 1 cent | $10 |
| Car rentals | 0.9 cents | $9 |
| Vacation packages | 0.83 cents | $8 |
| Hotels | 0.82 cents | $8 |
| Merchandise | 0.74 cents | $7 |
| Gift Cards | 0.71 cents | $7 |
Calculating your annual rewards
$36,000 annual spending x 1.55% return on spending = $560 annual rewards
$560 annual rewards − $0.00 annual fee = $560 net annual rewards
Top related credit cards
Compare similar cards side-by-side.
2x Award Winner
Details and eligibility
- Estimated Credit Score
- 300 - 559
- Personal Income
- N/A
- Household Income
- N/A
- Annual Fee
- $0.00
- Extra Card Fee
- $0
- Card type
- Credit
- Purchase
- 21.99%
- Cash Advance Δ
- 22.99%
- Balance Transfer Δ
- 22.99%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
- Travel Accident
- $100,000
- Rental Car Theft & Damage
- Yes
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
CIBC Aeroplan Visa Card for students's 3.6 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Learn more about our rating methodology.
Awards
Each year for our annual credit card rankings our Genius Rating algorithm computes the best credit cards across 28 different categories. Here’s what this card has won this year:
People also viewed
Key benefits
User review
Reviewed by 1 Canadian
Thank you for your review!
Hang tight while we verify and approve it.
If you want to see your review right away...
Create an account:
Good ratio for no fee annual student card with welcome bonus for using in gas and grocuries. Although Aeroplan points worth fluctuate by quarter, estimating around 1.9~2.1 cents per point means good ~2 cent return per dollar spent on gas and grocuries for aeroplan. Recommended for students who travel alot, or have family in different countries making frequent travel. doubling up on points through aeroplan partners is also a bonus.
