Welcome bonus
New cardmembers can earn up to 12,500 Aventura Points, worth roughly $125, by completing the steps below.
How to earn it
- 2,500 Aventura PointsComplete all five qualifying activities within 60 days of account approval.
- 10,000 Aventura PointsHave at least $1,000 in net purchases posted to the account during the first 4 monthly statement periods.
How you earn
- 1 Aventura Point per $1 spent at eligible gas stations
- 1 Aventura Point per $1 spent at eligible electric vehicle charging stations
- 1 Aventura Point per $1 spent at eligible grocery stores
- 1 Aventura Point per $1 spent at eligible drug stores
- 1 Aventura Point per $1 spent on eligible travel purchases through the CIBC Rewards Centre (CIBC by Expedia)
- 1 Aventura Point per $2 spent on all other purchases
Built-in perks & coverage
Purchase Security Insurance
Eligible purchases are protected against loss, theft or damage for up to 90 days from the purchase date.
Extended Protection Insurance
Extends the original manufacturer's warranty on eligible purchases.
Common Carrier Accident Insurance
Provides up to $100,000 in accidental death or dismemberment coverage while travelling on a common carrier.
Flexible Travel Redemptions
Redeem Aventura Points for flights, hotels, vacation packages, car rentals and other travel purchases.
Points Never Expire
Aventura Points do not expire as long as the account remains open and in good standing.
Payment with Points
Redeem points to pay for eligible credit card purchases or reduce your card balance.
Shopping with Points
Redeem points for merchandise, gift cards and experiences through the CIBC Rewards Centre.
CIBC by Expedia Access
Book flights, hotels, vacation packages, car rentals and activities through CIBC by Expedia.
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The verdict
What we like
- No annual fee
- No income requirement
- Flexible travel redemptions
- Points never expire
- Purchase security and extended warranty coverage
- Student-friendly approval requirements
- Earn rewards on everyday spending
- Free SPC+ membership
- Free Skip+ membership
- Up to 10¢/L Journie Rewards savings
Worth noting
- Low earning rates
- 2.5% foreign transaction fee
- Limited insurance coverage
- No airport lounge access
- No travel medical insurance
- No premium travel benefits
- Weak rewards on non-category spending
- Travel rewards program can be complex
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