CIBC Aventura Visa Infinite Review 2023

The CIBC Aventura Visa Infinite card offers a range of features, including unlimited lounge access, a comprehensive travel insurance package, 24/7 concierge service, and no foreign transaction fees. Cardholders also receive access to a range of discounts and offers through the CIBC Advantage program.

The card offers a rewards program that allows cardholders to earn Aventura points for every dollar spent on purchases. Cardholders earn:

• 2 Aventura points for every $1 spent on travel purchased through the CIBC Rewards Centre
• 5 Aventura points for every $1 spent at eligible gas stations, grocery stores, and drug stores
• 1 Aventura point for every $1 spent on all other purchases

The value of 1 Aventura point varies depending on how it is redeemed. For example, long-haul flights within Canada and the United States with a value of up to $800 can be redeemed for 25,000 to 35,000 points. Flights to Europe on the other hand can range from 50,000 to 70,000 points. Points can also be redeemed for other travel expenses (hotels, car rentals), charity donations, merchandise, or gift cards. Depending on what you would like to redeem, point values vary, but typically fall between 0.7 cents to 2.5 cents per 1 point.

Aventura points earned with the CIBC Aventura Visa Infinite can be redeemed through the CIBC Rewards Centre. The process of redeeming Aventura points is straightforward and can be done in a few simple steps:

1. Log in to the CIBC Rewards Centre: Cardholders can access the CIBC Rewards Centre by logging in to their CIBC online banking account or by visiting the CIBC Rewards Centre website.
2. Browse rewards: Once logged in, cardholders can browse the range of travel-related rewards available for redemption, including flights, hotels, car rentals, merchandise, and gift cards.
3. Redeem points: To redeem points, cardholders simply select the reward they would like to redeem and follow the steps to complete the redemption process.
4. Book travel: For travel-related rewards, such as flights and hotels, cardholders can use the CIBC Rewards Centre’s travel booking service to easily book their travel and redeem their points.

The CIBC Aventura Visa Infinite offers a welcome bonus of up to 35,000 Aventura points — the first 15,000 being awarded for the first after your first purchase, and the remaining 20,000 if you make $1,000 in purchases in the first four months. The dollar value on this depends on what you spend your points on, but with 35,000 points, you can buy up a flight within Canada and the U.S. with a value of up to $800.

The CIBC Aventura Visa Infinite also offers a range of other perks, including 24/7 concierge service, a comprehensive travel insurance package, and no foreign transaction fees.

The CIBC Aventura Visa Infinite offers several insurance benefits for cardholders including:

• Out-of-province Emergency Travel Medical Insurance
• Trip Cancellation/Trip Interruption Insurance
• Car Rental Collision/Loss Damage Insurance
• Common Carrier Accident Insurance
• Flight Delay and Baggage Insurance
• Purchase Security and Extended Protection Insurance
• Mobile Device Insurance
• Hotel Burglary Insurance

The coverage limits vary for each type of insurance, with maximum coverage of up to $5 million per trip for medical insurance, $2,500 per occurrence for hotel burglary insurance, and $1,000 per occurrence for mobile device insurance. These insurance benefits provide protection and peace of mind for cardholders while travelling and while making everyday purchases.

The CIBC Aventura Visa Infinite offers many other benefits, such as access to airport lounges, luxury upgrades, tickets, and tours.

To be eligible for the CIBC Aventura Visa Infinite, you must be a Canadian resident, have a good credit score, and have either an individual income of $60,000 or a $100,000 household income.

The annual fee is waived for the first year and will be waived every year for those with a CIBC Smart Plus™ Account.

The CIBC Aventura Visa Infinite is an excellent choice for frequent travellers who are looking for a premium travel rewards credit card. Unlike other travel rewards credit cards, the Aventura program allows you to travel with numerous airlines. The card also offers a hefty welcome bonus and points can quickly accumulate if you’re using the Aventura for travel-related purchases.