Before applying for the CIBC Aventura® Visa Infinite, it’s important to understand both the benefits and the considerations. This card offers a robust rewards program but may not be ideal for every user profile.
Pros
- Points on Everyday Purchases: Earn points across a broad range of categories, including travel, fuel, and groceries, accelerating rewards accumulation on essential spending.
- Fuel Savings: Up to 10 cents per litre off fuel when using the card at gas stations linked to the Journie Rewards program.
- Exclusive Travel Benefits: The 4 free VIP airport lounge visits and NEXUS fee rebate are ideal for frequent travelers, providing added comfort and savings while traveling.
- Flexible Points Redemption: Use points in multiple ways, from flights to partial bill credits, offering great flexibility in rewards.
Cons
- Annual Fee: While the first year is fee-free, the annual cost of $139 may be a drawback for those who don’t frequently use the benefits.
- High Interest Rates: With a 20.99% interest rate on purchases and up to 22.99% on cash advances, this card may not be suitable for those who tend to carry a balance.
- Specific Spending Requirements for Maximum Points: To maximize points, you need to focus spending in categories like travel, fuel, and groceries, which may not align with every spending profile.
How to Apply for the CIBC Aventura® Visa Infinite Card
- Visit the CIBC website.
- Click on the Credit Cards option in the top menu.
- Select the CIBC Aventura® Visa Infinite Card.
- Click on Apply Now.
- Complete the form with your personal information and submit it.
- Approval takes only a few minutes, and you may receive a response within 60 seconds.
For frequent travelers and those who enjoy fuel savings promotions, the CIBC Aventura® Visa Infinite card offers an excellent opportunity to accumulate points quickly and enjoy exclusive benefits, such as VIP lounge access and fuel discounts. However, it’s essential to consider the $139 annual fee after the first year and the interest rates. Ensure you make consistent use of the benefits to justify the investment in this card by the returns it brings to your lifestyle.
If you’re a frequent traveler or have big trips planned, this card can be a powerful tool for saving and enhancing your experiences.
