Found a better offer on this card through google than the standard 35k points with $3000 minimum spend offered on the CIBC website. Also available through various affiliates (e.g. GCR), but I didn’t notice any with additional cash back.
If you apply and are approved for a new eligible card, you can receive:i. A welcome bonus of 15,000 Aventura Points when you make your first purchase.
ii. An additional bonus of 30,000 Aventura points if you have at least $3,000 in net purchases posted to your account during the first 4 monthly statement periods.
Has first year annual fee rebate, including additional cardholders:
Get a $139 rebate for the primary cardholder and $50 for each authorized user for the first year.
And the standard 4 airport lounge passes and NEXUS fee rebate.
Can get the same offer with the Aventura Gold card: https://redflagdeals.milesopedia.com/cr … visa-card/
Note that each tranche of bonus points is posted on the next statement date after reaching each of the conditions.
And yes, the 50% fewer points on travel redemptions using “shopping with points” is still available, making the 45k points worth $562.50 when redeemed that way. (1.25 cents per point)
Expired 60,000 points offer (was available from mid-January to early March 2025)
(Thanks @hybr1d for posting)
Get a total of up to 60,000 Aventura Points (up to $1,200 in value1) during your first year:
- 15,000 Aventura Points when you make your first purchase†
- 30,000 Aventura Points when you spend $3,000 or more in net purchases in the first 4 monthly statement periods†
- 15,000 Aventura Points if you have at least $5,000 in net purchases posted to your account 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 Program: up to $277 value2.
Plus, get a NEXUSTM Application Fee rebate: a $100 value†
Annual fee is rebated for the first year.
Offer is available for both Infinite and Gold cards directly on the CIBC website (no affiliate link required):
Infinite:
https://www.cibc.com/en/personal-bankin … -card.html
Gold:
https://www.cibc.com/en/personal-bankin … -card.html
UPDATE 2024-09-04: The 45k point offer is still on, but some posters are reporting that the 50% discount on travel redemptions has now ended. At 0.625 cents per point, 45k points would now be worth $281.25 for travel redemptions. With the aventura flight rewards, the 45k points could be worth $800 or more. Points can be redeemed for gift cards at 3500 points = $25. Another option is to redeem for payments against certain CIBC mortgage, loan, and investment products at 12k points = $100.
UPDATE 2024-09-17: Many posters have reported that the 50% discount on travel redemptions is still in effect.
UPDATE 2024-10-03: The 50% fewer points offer for travel redemptions has been replaced by a 35% discount, i.e. 1 cent per point. This makes the 45k points worth $450.
UPDATE 2025-01-15: Added new 60k points offer
UPDATE 2025-03-06: 60k points offer now expired. Original 45k points offer is still active.
Statistics: Posted by JUnit — May 27th, 2024 2:54 pm