Pros & cons
Pros
- Up to 35,000 Aventura points
- Earn up to 1 point per $1 spent on all purchases.
- Points worth up to 2.29 cents each.
- Save up to 10 cents per litre on fuel at Journie Rewards gas stations.
- No annual fee.
Cons
- Limited insurance included.
- Low base earn rate of 1 point per $2 spent.
Your rewards
Getting your welcome bonus
Based on $2,000 in monthly spending, you can get up to 35,000 points which translates to an estimated $802.◊
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 Aventura Visa Card, here's how you earn rewards:
- 1 point per $1 spent on travel purchased through the CIBC Rewards Centre
- 1 point per $1 spent on eligible gas , groceries , EV charging , and drugstores , up to $6,000 spent annually
- 1 point per $2 spent on all other 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 Aventura Visa Card in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Airline Rewards Chart | $364 | |
| Travel through CIBC rewards | $159 | |
| Charity donations | $159 | |
| CIBC Financial Products | $132 | |
| Gift Cards | $113 | |
| Merchandise | $113 | |
| Pay with points | $100 |
| Redemption Option | Point Value | Total Value |
|---|---|---|
| Airline Rewards Chart | 2.29 cents | $23 |
| Travel through CIBC rewards | 1 cent | $10 |
| Charity donations | 1 cent | $10 |
| CIBC Financial Products | 0.83 cents | $8 |
| Gift Cards | 0.71 cents | $7 |
| Merchandise | 0.71 cents | $7 |
| Pay with points | 0.63 cents | $6 |
Calculating your annual rewards
$24,000 annual spending x 1.52% return on spending = $364 annual rewards
$364 annual rewards − $0.00 annual fee = $364 net annual rewards
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Details and eligibility
- Estimated Credit Score
- 760 - 900
- Personal Income
- N/A
- Household Income
- $15,000
- 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
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 Aventura Visa Card's 4.6 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.
Top cards from Visa
GC: $150
CIBC Aventura Visa Review
The CIBC Aventura Visa card is a top travel credit card in Canada that has no annual fee and has a low minimum household income requirement of only $15,000. But just because there is no annual fee, that doesn’t mean it has no benefits.
Earning CIBC Aventura rewards
In fact, this card allows you to earn 1 point for every $1 spent on gas, groceries, travel through CIBC Rewards Centre, or at the drugstore, as well as 1 point for every $2 spent everywhere else. With points that are worth more than double the usual 1 cent value when redeemed for high value flights, that’s actually very impressive for a no fee card.
CIBC Aventura Visa welcome bonus
First, you'll get 7,500 points after making your first purchase.
On top of that, you'll 500 bonus points for doing each of the following within the first 60 days of having your account:
- share your email address with CIBC,
- sign-up for eStatements for your new Aventura Visa card,
- add an authorized user on your new Aventura Visa card,
- hold any eligible CIBC Chequing Account, and
- register your Aventura Visa card with Apple Pay or Samsung Pay.
The first 3 items on that list are very easy to achieve and won’t cost you anything. If you aren’t already a CIBC client, getting an extra chequing account probably won’t be worth the effort though. You’re probably much more likely to have a smartphone to help you get that final 500 points, but setting up payments on your phone isn’t something everyone will be comfortable with.
Either way, that’s still a pretty easy 1,500 to 2,500 bonus points that never expire. Depending on how you choose to redeem them, that could easily be worth $50 or more, especially when you redeem for flights.
Redeeming CIBC Rewards points
Speaking of redeeming points, you can use them to book a flight on any airline at any time through CIBC Rewards. You can also use your points as a statement credit, to purchase merchandise and gift cards, or to invest and save for the future through one of CIBC’s many investment products (although keep in mind you will get the most value out of your points if you use them for flights).
Redeemed smartly by getting great value from the flight rewards chart, and a person with typical spending patterns can expect to achieve a 1.5% return on spending. But, if you spend a lot on gas, grocery, drugstore, and CIBC travel purchases, that number can rise to as high as 2.3%.
But – if you don't get great value from the flight chart, and instead redeem for any travel booked through CIBC Rewards, you're looking at a much lower return of between 0.5% to 1% – which is less than stellar when compared to other no fee credit cards.
On top of that, It’s very rare to find a no fee credit card that gives you concierge service, but the CIBC Aventura Visa does exactly that. Plus, this card also comes with 4 types of purchase and travel insurance.
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Key benefits
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User reviews
Reviewed by 15 Canadians
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I give this card a -5. I pay for fraud protection & so far, haven't been protected from any of it. I've reported 2 measly incidents, & so far, have been intentionally cut off, lied to, told to resend info I no longer have, & gotten the run around to the point that I'm tearing my hair out, & am now actively looking for another card provider with ACTUAL customer service; ACTUAL fraud protection; & ACTUAL people who speak understandable English.
Cancel this card, new cards are linked to old cards. So merchant with old card can pocess transactions on your new card without a number or security code!
Can you image whats going happen CIBC?
We all know what a joke your greivance dispute department is like!
the worst customer service ever on hold for ever totally leaving cibc
One of the worst cards I've had.
CIBC Rewards platform is broken. I cancelled a reservation and haven't received anything back after 2 months. Call after call with the customer service team is wasted life. They still are struggling to refund my payment and points.
Every sign on needs a text message verification, which is ridiculous if you're out of country and on different SIMs.
Always get declined and every time CIBC Customer Service tells on phone (after a long wait) to go and show the ID to the nearest navel for re-activation. Waste of time and embarrassment in front of the merchant.
