Skip to main content
ratehub.ca homepage
Sign in to your account

The best Aventura credit cards in Canada

Looking to earn Aventura points? Why not compare your options? We’ll narrow down your best card matches from multiple rewards programs.

let's get started

Compare Aventura credit cards in Canada

The best rewards cards for

all reward types

with

any annual fee
CardBest used forAnnual feeRewards
American Express® Cobalt™ Card

Groceries & dining

$120

  • 5 pts/$1 for groceries, restaurants
  • 2 pts/$1 for gas, travel
  • 1 pts/$1 for other
get more details
BMO eclipse Visa Infinite* Card

Food & transit

$120

  • 5 pts/$1 for gas, groceries, restaurants
  • 1 pts/$1 for other
get more details
CIBC Aventura® Visa Infinite* Card

Travel

$120

  • 2 pts/$1 for travel purchased through the CIBC Rewards Centre
  • 1.5 pts/$1 for eligible gas, groceries, pharmacy
  • 1 pts/$1 for other
get more details
CIBC Aventura® Visa* Card

Everyday spending

$0

  • 1 pts/$1 for eligible gas, groceries, pharmacy, travel
  • 0.5 pts/$1 for other
get more details

Why Ratehub?

A few things we're proud of

  • 1,200,000

    monthly users

  • 9 years

    young

  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions

Our top picks

Ratehub's best credit cards for January 2021

We've helped over 1 million Canadians compare the best credit cards

Whether you want cash back or travel points, lounge access benefits or roadside assistance perks - there's a credit card out there that's right for you. Find it in under 2 minutes.

let's get started!

The knowledge bank

A wealth of knowledge delivered right to your inbox. From the latest interest rates, to tips on getting the best from your credit cards. It’s all in there.

By submitting your email address, you acknowledge and agree to Ratehub.ca's terms of use and privacy policy. Contact us for more information. You can unsubscribe at any time.

How the CIBC Aventura rewards program works

If you’re a CIBC client – or considering becoming one – you’ll want to become familiar with the Aventura rewards program where you can earn points on every dollar you spend which can be redeemed for flights, cruises, vacation packages or general merchandise. If you want a travel credit card that lets you choose from every airline, every flight, every seat, and has points that don’t expire, keep reading.

How to earn CIBC Aventura Points

There are a total of five personal CIBC credit cards that let you earn Aventura rewards points with the CIBC Aventura Visa Infinite Card being the most popular. You’ll earn 1.5 Aventura points per $1 spent on gas, groceries and drug store purchases, 2 points per $1 spent on travel purchased through the CIBC Rewards Centre, and 1 point per $1 on all other purchases.

There is a $120 annual fee but it’s currently rebated for the first year. Plus, new cardholders have the ability to earn up to 20,000 bonus points (up to $400 in travel value): 5,000 bonus points after your first purchase and additional 20,000 points when you spend at least $3,000 during the first four monthly statements.

Not to mention, CIBC Aventura Visa Infinite cardholders have access to a suite of travel benefits including access to over 1,200 airport lounges through a free Priority Pass membership, a fee rebate on NEXUS applications for a streamlined experience when crossing the border between the US and Canada, as well as mobile device insurance and hotel/motel burglary insurance.

How to redeem CIBC Aventura Points

To redeem your CIBC Aventura points for travel, login to your CIBC rewards account and go to the travel section. You can search for flights by entering your departing airport, arrival airport and travel dates. Because you’re not restricted to any airlines, or specific flights or seats, you’ll find a number of options to choose from. Flights will have a required point amount and then additional taxes that have to be paid on top of the required points.

CIBC Aventura uses five flight zones that have fixed points requirements. For example, “Long-haul: Canada/United States” requires 25,000 – 35,000 points. But CIBC also institutes a maximum ticket price for each fixed point level. For a Long-haul Canada/United States flight, 35,000 points can only cover up to $800. If a flight costs $900, the remaining $100 would cost an additional 10,000 points (charged at a rate of $1 = 100 points).

To redeem points for a flight, you need to have at least 80% of the required points. If you only have 80-99% of the required points, you can actually purchase additional points at a rate of $0.03/point to make up the difference. Unlike many other travel rewards programs, you can use your Aventura points to pay for your flight taxes and fuel surcharges.

Aside from travel rewards, you can cash in your points to reduce the balance on your Aventura credit card by simply logging into your CIBC Online Banking account and selecting Payment with Points. Plus, you can use points to fund your investment accounts (including RRSPs and TFSAs) or chip away at your mortgage – given both are held with CIBC and not at another financial institution.

The value of CIBC Aventura Points

How much is 1 CIBC Aventura point worth? Our research revealed that, on average, 1 Aventura point is worth $0.0116. However, there is a large discrepancy in the value of your points when redeeming for flights in different regions. For example, on average, you receive $0.0092/point when redeeming for a flight from Toronto to Montreal, compared to $0.0135/point for a flight from Toronto to Vancouver. So the value you receive will truly depend on what you redeem your points for.

You get the most value out of your points when booking flight tickets. So, while it may be tempting to redeem points for gift cards or to shrink your credit card or mortgage debt, it’s best to opt for cash in those instances and save up your points for the next time you need to travel.

Author bio

Mikael Castaldo, Senior Manager of Everyday Banking

Mikael is a Senior Business Manager at Ratehub.ca and the driving force behind our credit cards team. He knows everything there is to know about the best credit cards, and works closely with Canada’s top financial institutions - from banks to credit unions - to help ensure our over 800,000 monthly users get matched with the right plastic. A numbers guy at heart, having worked as a strategy consultant at the Boston Consulting Group, he’s found himself right at home as a personal finance expert at Ratehub.ca.

read linkedin bio

About Ratehub

We help you find better financial products for your specific needs. Whether you need a mortgage, credit card, savings account, or insurance coverage, we get you the information you need to choose better.

How does Ratehub.ca make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us