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CIBC Aventura® Gold Visa* Card

Everything you need to know about the CIBC Aventura® Gold Visa* Card, a travel rewards card by CIBC that earns CIBC Aventura Points.

Updated on: July 4, 2024
Signup bonus:

15,000 Aventura Points when you make your first purchase† 30,000 Aventura Points when you spend $3,000 or more in the first four monthly statement periods† Total of up to 45,000 Aventura Points†

Annual fee
Annual interest rates:

20.99% purchase 22.99% cash advance (21.99% for Quebec residents) 22.99% balance transfer (21.99% for Quebec residents)

Earning rate:

2 Aventura Points per dollar spent on eligible travel purchases via the CIBC Rewards Centre† 1.5 Aventura Points per dollar spent on eligible gas stations, grocery stores, EV charging, and drugstores† 1 Aventura Point per dollar spent on all other eligible purchases†

Perks & benefits:

Four lounge visits through Visa Airport Companion Program† NEXUS Application Fee rebate† EV charging multiplier†

Insurance

The CIBC Aventura ® Gold Visa * Card is a near identical copy of the CIBC Aventura® Visa Infinite* Card, with a lower minimum income requirement and less travel insurance. This card is right for you if you have a more modest income and want to earn Aventura Points to put towards travel.

Bonuses and Fees

The CIBC Aventura ® Gold Visa * Card is currently offering an elevated bonus of up to 45,000 Aventura Points, † structured as follows:

The $139 annual fee is currently rebated in the first year † ; otherwise, if that offer weren’t available, it can be rebated if you have a CIBC Smart Plus Chequing Account. 2

Plus, you can enjoy a first-year annual fee rebate for up to three supplementary cardholders as part of the current offer, that values up $189 in savings.†

Earning Rewards

Redeeming Rewards

CIBC Aventura Points can be redeemed in a variety of ways. However, the most valuable way to redeem Aventura Points is on travel purchases. For example, you can redeem Aventura Points for eligible flights booked through the CIBC Rewards Centre at a rate of 1 cent per point. However, you can also redeem CIBC Aventura Points for eligible travel booked in any way at an elevated rate of 1.25 cents per point (cpp), which is twice the usual redemption value for flexible travel bookings. This is the best flexible travel redemption rate for fixed-value points in Canada. Keep in mind that you must make the redemption while the transaction is still pending, and that CIBC may change or withdraw this promotional offer at any time. You can also use CIBC Aventura Points towards an $800 (CAD) airline ticket in the “Canada and U.S. (Long-Haul)” category on the Aventura Flight Rewards Chart, which could increase the value of your points from 1 cent per point (cpp) to 2.28 cents per point. Generally speaking, it's recommended to redeem Aventura Points via the Aventura Flight Rewards Chart whenever possible, since it offers the maximum value for your points. It's worth noting that this must be done through the CIBC Rewards Centre. However, Aventura Points can also be useful for offsetting the cost of travel that's otherwise difficult to book with points. For example, Aventura Points can be used to cover the cost of eligible independent hotels, short-term rentals, car rentals, trains, or flights that can't be booked with other airline- or hotel-specific loyalty programs.

Perks & Benefits

As the primary cardholder, you’ll enjoy four complimentary lounge visits per membership year for you and any guests, which can be used at 1,200+ lounges globally through the Visa Airport Companion Program. † Four lounge visits per year can be useful if you don't tend to travel very often and don't otherwise have lounge access with another credit card. Another unique feature is the NEXUS application fee rebate, which provides one rebate every four years towards the up to $100 (CAD) of the cost of your NEXUS application. † NEXUS is a frequent traveller program designed to speed up your travels between Canada and the United States, and you’ll receive a full rebate simply by charging the application fee to your CIBC Aventura ® Gold Visa * Card. It's worth noting that the NEXUS application fee is $50 (USD). Since the NEXUS application fee rebate covers up to $100 (CAD), you won’t be on the hook for any extra fees, and you’ll be able to cover two NEXUS applications to boot. Cardholders of the CIBC Aventura® Gold Visa* Card can save up to 10¢ per litre at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.† To benefit from this discount, you'll need to link your card with Journie Rewards, and then make qualifying purchases at eligible gas stations.†

Insurance Coverage

The CIBC Aventura ® Gold Visa * Card is effectively a version of the CIBC Aventura ® Visa Infinite * Card for those who don't meet the higher income requirements. In fact, insurance is the only major aspect in which these two cards differ.

The CIBC Aventura ® Gold Visa * Card features out-of-province emergency medical insurance of up to $5,000,000,† plus coverage for flight and baggage delays,† hotel burglary,† and car rental loss or damage.† It's worth noting that the CIBC Aventura ® Gold Visa * Card doesn't feature Trip Cancellation/Trip Interruption insurance, or emergency medical insurance for anyone over the age of 64, which are offered on the CIBC Aventura ® Visa Infinite * Card.†

There’s also Mobile Device Insurance available to cardholders.† By paying for your smartphone, tablet, or smartwatch using your CIBC Aventura ® Gold Visa * Card, you’ll get coverage of up to $1,000 in the event your mobile device is lost, stolen, or accidentally damaged, for up to 24 months!†

That can be beneficial for many people, and so the next time you’re in the market for a new mobile device, it’s worth considering using the CIBC Aventura ® Gold Visa * Card to fund your purchase.

Terms and Conditions apply.† This is a digital-exclusive offer.† To be eligible for this offer: 1) this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and 2) you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you.† This offer is reserved for you. Please do not forward it to anyone else. CIBC may approve your application, but you are not eligible to receive this Offer if you have opened, transferred or cancelled another Aventura card within the last 12 months.†

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