CIBC
CIBC Travel Rewards Credit Cards offer flexible points on every purchase, lounge access, NEXUS rebate, annual fees starting at $0, and competitive rates for savvy travellers.
CIBC’s Travel Rewards Credit Cards are designed for Canadians who want to make the most out of their daily purchases, earning flexible travel points. These cards provide attractive perks such as lounge access, NEXUS application rebates, and come with annual fees ranging from $0 to $599, depending on the benefits package chosen.
Applicants can choose from cards like the CIBC Aventura Visa Infinite, offering up to $1,400 in value as a sign-up bonus, or opt for a no annual fee card such as the Aventura Visa Card. Interest rates on purchases generally sit at 19.99% to 21.99%, competitive with the Canadian market. Most cards provide personal, student, business, and even U.S. dollar options, allowing cardholders to match their lifestyle to their credit solution.
How to Apply for a CIBC Travel Rewards Credit Card
- Visit the official CIBC website and navigate to Travel Rewards Credit Cards
- Select the card that matches your needs and click apply
- Fill out the online application with personal and financial information
- Submit the application and await approval, which could be quick if you qualify
Pros: What We Like
Flexibility is a strong point with CIBC’s travel credit cards—points can be redeemed for flights, hotels, car rentals, or merchandise. Cards often come with valuable extras like complimentary lounge access, preferred Air Canada pricing, and NEXUS fee rebates.
No expiry on points as long as the account is active, plus specific business and student options, set these cards apart for a wide range of Canadians looking for rewards.
Cons: Where It Falls Short
The annual fee for premium cards may be prohibitive for occasional travellers. Some high-value perks, such as airport lounge access, are reserved for top-tier cardholders.
Redemption values for merchandise or gift cards are generally lower than travel rewards, reducing flexibility in non-travel times.
Our Verdict
CIBC’s Travel Rewards Credit Cards provide excellent value for frequent flyers or those seeking travel perks. There are options for every budget, including students and business owners. While annual fees and tiered benefits may not suit all, the earning and redemption flexibility ensures these cards are competitive in the Canadian market. Recommended for anyone prioritizing travel and rewards from day-to-day spending.
