CIBC Aventura® Visa* Card
Not yet rated
Best for Everyday spending
Travel
Card highlights
Welcome bonus
Annual fee
Ratehub’s review
Natasha Macmillan
The CIBC Aventura Visa is a no-fee credit card that’s also a fantastic travel companion. Unlike other no-annual fee cards, this card still offers a punch when it comes to rewards, earning on gas, groceries, and travel through the CIBC Rewards Centre.
Pros
- Generous welcome bonus: Compared to other no-fee credit cards, this card offers a substantial welcome bonus setting it apart from other no-fee credit cards
- Fuel savings advantage: Ability to save 3 cents per litre on fuel at Journie Rewards gas stations
- No annual fee
Cons
- Limited insurance coverage: The card has limited insurance offerings which may be a drawback for those seeking comprehensive coverage
- Restrictions for Quebec residents: The welcome bonus is not available to residents of Quebec, limiting the benefits for individuals in this region
- Limited redemption options: To use your points for flights or other travel purchases, you’ll have to book through the CIBC Rewards Centre. Other rewards credit cards offer you much more in the way of flexibility
Rewards & bonuses
See what you could earn based on how you spend.
Welcome bonus
Earn up to $100.
Earn up to $100 in value for no annual fee. Offer not available to QC residents. Terms and conditions apply.
Earn rates
1 point/$1
On eligible gas stations, EV charging, grocery stores and drug stores†*
1 point/$1
On travel purchased through the CIBC Rewards Centre†*
0.5 points/$1
On other purchases*
Caps apply where shown. Rewards are earned on eligible purchases only, see the card’s terms for full details. 100 points = $1.
Your earning potential
First year reward
Based on spending $2,200/mo after $0 annual fee
Second year reward
Based on spending $2,200/mo after $0 annual fee
These numbers are based on estimations and the calculation breakdown below.
Adjust your spending
First year reward†
- If you spend $2,200/month, you’ll earn
- Welcome bonus
- Annual fee
- First year reward
Second year reward†
- If you spend $2,200/month, you’ll earn
- Annual fee
- Second year reward
† Estimate calculated by Ratehub.ca and is based on current offers and a monthly spend of $2,200. It is for illustrative purposes only.
Perks & insurance
Perks and insurance coverage included with the card.
| Perks | Details | |
|---|---|---|
| Lounge access | Not included | You’ll gain complimentary passes to airport lounges. The number of passes and lounges you have access to will vary. |
| No foreign exchange fees | Not included | A surcharge that credit card holders pay for purchases made in a foreign currency (typically 2.5%). |
| Extended warranty | Included | Either doubles the length of the item’s manufacturer’s warranty coverage or extends it by 1 year, whichever is less. |
| Price protection | Included | If, within a certain amount of time of purchasing an item, its price drops or you find an identical item offered for a lower retail price than what you paid, you will be reimbursed for the difference. |
| Insurance | Details | |
|---|---|---|
| Travel accident insurance | Included | If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you are eligible for this coverage. |
| Travel emergency medical | Not included | If you require urgent medical care while on a trip outside of your home province, you will be covered for any eligible medical expenses incurred. |
| Car rental insurance | Not included | Credit card rental car insurance usually covers theft, loss and damage to your rental car in the case of an accidental collision. |
| Trip cancellation | Not included | If you have to cancel your trip before it’s even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance. |
| Trip interruption | Not included | If your trip has to be cut short or is delayed after the scheduled departure date, you will be covered up to a maximum amount for an eligible cause of interruption or delay. |
| Flight delay insurance | Not included | If your flight departure is delayed by a certain number of hours, you’ll be reimbursed a certain amount for necessary and reasonable expenses. |
| Baggage loss insurance | Not included | If your checked bag cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property. |
| Baggage delay insurance | Not included | If your checked bag is not delivered within a specified time upon your arrival, you’ll be reimbursed for the cost to replace essential items. |
| Hotel/motel burglary | Not included | Provides protection, while you’re checked in, for your personal belongings when left unattended in your room up to a certain dollar amount. |
| Mobile insurance | Not included | Reimburses a portion of your cell phone in the event it’s damaged or lost. Device coverage is limited to a certain period of time after purchasing with your credit card. |
| Purchase assurance | Included | Automatically protects new purchases by insuring them for 90 days from the date of purchase in the event of loss, theft or damage. |
Details & eligibility
Fees
- Annual fee
- $0
Rates
- Purchase interest
- 20.99%
- Balance transfer rate
- 22.99%
- Cash advance rate
- 22.99%
Type
- Provider
- CIBC
- Card type
- Travel
- Payment network
- VISA
Eligibility
- Minimum personal income
- $15,000
- Minimum household income
- $15,000
- Minimum credit score
- 660+