CIBC Aventura Visa Infinite review

The CIBC Aventura Visa Infinite card is already one of the best travel credit cards in Canada, but a couple of new unique features such as a rebate on your NEXUS membership and mobile device insurance make this card a winner. Plus, you get the annual fee waived for the first year!

Read my CIBC Aventura Visa Infinite review now and find out what other benefits are included and why Aventura is the traveller’s travel card.CIBC Aventura Visa Infinite review

CIBC Aventura Visa Infinite card benefits

  • $120 annual fee (waived for the first year)
  • 15,000 Aventura Points welcome bonus with your first purchase
  • 5,000 Additional Aventura points when you spend $1,000 in the first four months of card membership
  • Priority Pass membership and four complimentary airport lounge entries per year
  • Rebate on NEXUS application fee
  • Comprehensive travel insurance package
  • Mobile device insurance coverage up to $1,000
  • 2 points per $1 spent on travel purchased through the CIBC Rewards Centre
  • 1.5 points per $1 spent at gas stations, grocery stores and drugstores
  • 1 point per $1 spent on all other purchases

As you can see, the CIBC Aventura Visa Infinite card comes packed with benefits. The total welcome bonus of 20,000 Aventura Points has a value of up to $400 on your next flight.

The NEXUS application rebate is good every four years, but NEXUS memberships last five years, so you’re essentially getting your NEXUS for free.

What I love about the CIBC Aventura Visa Infinite card is the mobile device insurance that protects you up to $1,000 for lost, stolen or accidentally damaged devices while you’re at home or away. CIBC is the first of the five major banks to offer this kind of insurance.

Your out-of-province emergency travel medical insurance covers you up to 15 days if you’re under the age of 65 or for 3 days if you’re 65 or older. Keep in mind that you need to charge the full amount of your travel expenses to your card to qualify for the additional travel insurance such as trip cancellation/trip interruption, hotel/motel burglary, auto rental collision/loss damage, etc.

Let’s not forget about the Priority Pass membership and four complimentary lounge entries per year that you get that would normally have a cost of $227 USD which easily offsets the card’s annual fee of $120 (which is waived in the first year). These new benefits put the CIBC Aventura Visa Infinite card into the list of the best credit cards with lounge access.

How CIBC Aventura Rewards works

Aventura points are pretty easy to earn and understand. With the CIBC Aventura Visa Infinite card, your earnings rate is 1.5 points per $1 spent at gas stations, grocery stores and drugstores. All other purchases earn you 1 point per $1 spent with the exception of travel purchased through the CIBC Rewards Centre which gets you 2 points per $1 spent.

1,000 Aventura Points = $10 in travel so your CIBC Aventura Visa Infinite card earns you 1% – 2% in rewards.

What’s nice about Aventura Points is that you have a few options. You can book online through your CIBC rewards account or via the Aventura Travel Assistant. What many people don’t realize is that the Aventura Travel Assistant is a full-service travel agency and they can book a few things that you might not find through the online portal such as attraction tickets and rooms at certain hotels. Basically, just about anything you find on Expedia can be booked through the Aventura Travel Assistant.

Since all travel being booked is done in real time, there are no blackout dates to worry about. Plus, you can pay any taxes and/or surcharges from your flights if you book via your CIBC rewards account.

There’s also a fixed points option where you can redeem your points for flights based on five different zones. For example, Canada and U.S. (long haul) requires 25,000 – 35,000 points and has a maximum ticket price of $800. If that flight costs you more than $800, you’ll need to pay the remaining balance in points at $1 = 100 Aventura points ratio. On occasion, CIBC runs promotions where fewer points are required to redeem a flight, so the fixed points option can be quite lucrative.

Final thoughts

My CIBC Aventura Visa Infinite card review is positive and clearly deserves a spot among the best travel credit cards in Canada. With a strong sign up bonus, and a ton of additional benefits, Aventura truly is the traveller’s credit card.

Apply Now for the CIBC Aventura Visa Infinite card
By |2019-01-17T13:09:36+00:00October 15th, 2018|Credit cards, Personal Finance, Travel|

10 Comments

  1. Anna October 15, 2018 at 11:18 pm - Reply

    Hey Barry, hope you’re doing well!

    – $100 travel credit when you book travel with an Aventura Travel Assistant until … October 31, 2019 .vs November 1, 2018
    – 1.5 (vs 5 … wish it was 5 lol) points per $1 spent at gas stations, grocery stores and drugstores

    Thanks for the awesome summary + review!

    • Barry Choi October 16, 2018 at 5:47 am - Reply

      Anna,

      Thanks for catching the typo with the multiplier. As for the travel credit, read between the lines. . .

  2. William October 29, 2018 at 2:31 pm - Reply

    Did you get a chance to compare the fixed points travel booked via Amex MR vs Aventura Travel?

    • Barry Choi October 29, 2018 at 4:17 pm - Reply

      William,

      It depends. Amex and CIBC are similar as both offer flights on just about every major airline without blackout dates but it’s the number of points required that could make a difference. Amex’s fixed pricing starts at 15K points on short popular routes whereas CIBC is a little more variable.

      There’s no clear winner since it depends on the timing and situation. CIBC often runs promotions and deals so that’s worth a look but Amex points are easier to accumulate since there are more cards you can earn points with.

      Technically speaking, CIBC will probably cost you fewer points within North America, but you should always compare.

      • William October 29, 2018 at 5:23 pm - Reply

        Thanks! They sure don’t make it easy for consumers to compare.

  3. peter Chao October 31, 2018 at 10:10 am - Reply

    For the Priority Pass membership and four complimentary lounge entries per year. If I will be traveling in one month time, do I have enough time to get this benefit? Thanks

    • Barry Choi October 31, 2018 at 10:12 am - Reply

      Hi Peter,

      I think so. I would call CIBC right after you apply to see if they can rush you the card. Once you have that, just register for Priority Pass ASAP and download the app so you don’t have to wait for the physical card.

  4. peter Chao October 31, 2018 at 2:41 pm - Reply

    If I am the cardholer and my wife is not. Can my wife also use the lounge if she is travelling with me? Thanks

    • Barry Choi October 31, 2018 at 2:48 pm - Reply

      Yes as she would be your guest and you would be using one of your passes.

  5. rob902 January 15, 2019 at 3:55 pm - Reply

    WARNING: Aventura Travel INSURANCE: I thought I would share my bad experience encountered with the travel insurance included with the Aventura card. They use a company called Global Excel to handle the insurance. My wife and I had a trip booked with Aventura that had to be cancelled a week before because of an accident. We filled out the appropriate paperwork with Global Excel, including the doctors sign off etc. A month later I received a letter in the mail indicating my claim was DECLINED. After many emails back and forth, it turns out since the Airlines (Air Canada / WestJet in Canada) offer a one year flight credit for the ticket, they won’t pay the insurance until that credit is gone – Thus you need to wait a year before you can receive the payment. So if you want to try an book a new trip that uses a different airline, then you are OUT OF LUCK. I tried to work with the travel agent and WestJet to cancel the credit, but Global Excel want to see very specific evidence of cancellation before they would pay out. WestJet was not able to cancel the credit for reasons I don’t understand.
    BUYER BEWARE – Nova Scotia..

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