Since 1,000 Aventura points are worth $10, the welcome bonus is usually worth $350. This means that you will receive $350 for free, as long as you meet the minimum spending requirement. The other obvious travel benefit is membership in the Visa Airport Companion Program and four free annual passes.
| Positive points | Negative points |
|---|---|
| Travel Insurance | High annual fee (refunded in the first year) |
| Usually worth about 35,000 points | Have a minimum annual household income of $15,000 |
The other obvious travel benefit is the Visa Airport Companion Program membership and four free annual passes. The membership and passes have an annual value of $280, so again, you are getting a lot of value here. Some people may not mind the $50 NEXUS discount, but there is no denying the convenience if you bother to get approved.
The earning rate is 2 points per $1 spent on travel purchased through the CIBC Rewards Center, 1.5 points per $1 spent at gas stations, supermarkets and drug stores, and 1 point per $1 spent on all other purchases. I should mention that if you have a CIBC Smart Plus account, the annual fee that comes with CIBC Aventura Gold is waived.
| Benefits | |
|---|---|
|
Visa Airport Companion Program
|
4 free annual passes |
|
15,000 points
|
CIBC Rewards points when you make your first purchase |
|
Additional points
|
20,000 points when you spend at least $1,000 per month |
|
CIBC Rewards points
|
Per $1 spent on gasoline, grocery and pharmacy purchases |
Buy Insurance
Mobile device insurance has become quite popular among credit cards, but CIBC Aventura Gold Visa Cards was one of the first to add it as a benefit. As long as you carry the full value of your device on your card, you will be insured for up to $1,000. Click the button below and apply for your card:
I Want My CardTravel insurance
- Travel medical - $5,000,000 / 15 days if you are under 65;
- Flight delay - $500 per occurrence for all insured combined / 4 hours;
- Delayed/lost/stolen luggage - $500 per insured person / maximum of $1,000 / 6 hours;
- Collision Damage/Loss of Rental Car - 48 days / MRSP $65,000;
- Hotel Theft - $2,500 per occurrence for all insured combined;
- Common Transportation Accident - $500,000.
CIBC Aventura Rewards
CIBC Aventura Rewards is easy to understand and redeem, as it takes 1,000 Aventura Points to get $10 in travel. Since CIBC Aventura Gold earns 1 to 2 points per $1 spent, its rate of return is 1 to 2%. Click the button below and apply for your card:
I Want My Card
