The CIBC Aventura® Gold Visa* Card is great for anyone who has consistent spending habits and wants to put those to use through travel rewards. Frequent travelers would benefit from using this card because of its elite opportunities and great rewards that make travel more affordable and specialized.
If you are able to use this card for essential purchases and consistently pay your balance, you can maintain great credit and reap awesome travel benefits!
Here is everything you need to know about the CIBC Aventura® Gold Visa* Card.
Welcome offer
Join and get up to $1,300 in value†! And get a one-time annual fee rebate.:
Get a total of up to 35,000 Aventura Points (up to $800 in travel value†) during your first year:
i) 15,000 Aventura Points when you make your first purchase†
ii) 20,000 Aventura Points when you spend $3,000 or more in net purchases in the first 4 monthly statement periods†Get a one-time annual fee rebate ($139) for you (the primary cardholder) and up to three authorized users ($50 each): up to $189 value†.
- Elevate your airport experience with 4 complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program2: up to $261 value2.
- Plus, get a $67 value† NEXUS◊ application fee rebate†
Features
With the CIBC Aventura® Gold Visa* Card, you earn:
- 2 points for every $1 spent on eligible travel purchased through the CIBC Rewards Centre†
- 1.5 points for every $1 spent at eligible gas stations, EV charging, grocery stores and drug stores†
- 1 point for every $1 spent on all other eligible purchases†
Interest rates
The CIBC Aventura® Gold Visa* Card has a 20.99%† Purchase Annual Interest Rate, 22.99%† (for non-Quebec residents† only) Cash Advance Annual Interest Rate, and a 22.99%† (for non-Quebec residents† only) Balance Transfer Annual Interest Rate.
Annual fees
This card has an annual fee of $139, rebated for your first year†. Each additional card (you can get up to 3) is $50 which is also rebated in the first year.†
Extra perks
Insurance benefits
Here is a list of the different forms of insurance this card provides you with:
- Mobile Device Insurance†
- Hotel Burglary Insurance†
- Purchase Security and Extended Protection Insurance†
- Flight Delay and Baggage Insurance†
- $500,000 Common Carrier Accident Insurance†
- Auto Rental Collision and Loss Damage Insurance†
- Out-of-Province Emergency Travel Medical Insurance†
Access to specialty experiences and travel
- Elevate your airport experience with four complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program: over $261 in value.†
- Aventura points can be redeemed for flights with any airline, hotels, car rentals, merchandise, gift cards and more.†
- The Aventura Travel Assistant provides cardholders with access to personalized travel booking and trip planning with no booking fees.†
- Use Aventura Points to cover full airfare including taxes and fees.†
Discounts and Deals
- No blackout periods or restrictions, and points that don’t expire†
- Get a $67 value† NEXUS◊ application fee rebate†
- Get a 15,000 Aventura Points welcome bonus when you make your first purchase†
- Car rental discounts available†
Pros and cons of the CIBC Aventura® Gold Visa* Card
Pros
-
High value welcome offer
-
Minimal household annual income required
-
Exceptional points-redeemable travel opportunities and other perks
Cons
-
High annual fee (rebated for your first year)†
Eligibility requirements
To be eligible for this card you must:
- Be a Canadian resident at the age of majority in your province
- Have a minimum annual household income of $15,000†
- Have not declared bankruptcy within the past 7 years
- Have a good credit score (>720)
How to earn and redeem Aventura points
You can maximize your rewards by using your CIBC Aventura® Gold Visa* Card for most purchases, especially within the categories (eligible grocery stores, drugstores, and gas stations) where you can earn a higher amount of points. You can use your points to pay down your balance or pay your monthly balance on time and use the points towards special rewards.
You can redeem your points through the CIBC Rewards Centre on travel, gift cards, merchandise, or other experiences. The higher the amount of Aventura points you have, the more valuable rewards you can cash them in for. For example, saving up more Aventura points will give you more accessible travel opportunities to places that may be out of country or out of continent.
How does the CIBC Aventura® Gold Visa* Card compare to other travel rewards cards?
| CIBC Aventura vs. | CIBC Aventura® Gold Visa* Card | TD® Aeroplan® Visa Infinite* Card | Scotiabank Passport® Visa Infinite* Card |
|---|---|---|---|
| -- |
|
|
|
| Annual fee | $139 (First year annual fee rebate!†)† | $139 ( Annual fee rebate for the first year†.) To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders by January 6, 2025. | $150 |
| Airport lounge access | 4 complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program† | N/A | 6 complimentary lounge visits per year at 1,200+ lounges globally through Visa Airport Companion Program† |
| Additional perks |
$67 value† NEXUS◊ application fee rebate†
|
NEXUS™ application fee rebate: $100 value for up to 4 applications† | No foreign transaction fees |
| Insurance | 8 types including emergency medical, travel accident, rental car, purchase security and mobile device insurance† | 8 types including emergency medical, travel accident, rental car, and mobile device insurance† | 8 types including emergency medical, travel accident, rental car, and purchase security insurance† |
| Get started | Apply now | Apply now | Apply now |
In this table, you can see some of the best features and essential info about comparable travel rewards credit cards we’ve reviewed.
There are plenty of things to consider when deciding on the most suitable travel rewards card for you. The earn rate and available options for rewards, as well as restrictions and /or flexibility of redeeming for those rewards are all important things to compare.
You should also consider the pros and cons of different travel rewards programs. For example, the Scotiabank and CIBC cards have more transfer partners, whereas the TD® Aeroplan® Visa Infinite* Card does not. Additionally, the Scotiabank Passport® Visa Infinite* Card offers six Priority Pass Membership passes per year whereas the TD® Aeroplan® Visa Infinite* Card does not offer lounge access at all. In comparison, for the CIBC Aventura® Gold Visa* Card: Elevate your airport experience with four complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program: over $190 in value.†
Final word
Overall, The CIBC Aventura® Gold Visa* Card is a great option for any frequent travelers and spenders. In order to earn the points you’d like to redeem on travel, you have to make sure your spending habits line up with the ways in which you can earn these points.
That being said, if you have a family and spend a good amount on both groceries and gas (and/or EV charging), this card is a sure-fire opportunity to earn points toward the travels of your dreams. Not only that, but there are other fun rewards and financial products available as a CIBC Aventura® Gold Visa* Card cardholder.
The minimal income requirement can be great but do proceed with caution in applying for this card simply because you fit that requirement. You want to make sure you are able to manage this card in a smart way for your finances and lifestyle.
The information for the CIBC Aventura® Gold Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer. This offer is not available for residents of Quebec. †Terms and conditions apply.
Em Norton is a Staff Writer for Money.ca. Em holds a B.A. in Professional Writing from York University and has been writing professionally since 2019. Em's work has previously been published by Room Magazine, IN Magazine, Our Canada and more.
Compare other CIBC credit cards
Compare other CIBC credit cards
Compare other Visa credit cards
Compare other Visa credit cards
Compare other travel credit cards
Compare other travel credit cards
Latest Articles
Disclaimer
The content provided on Money.ca is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.