CIBC Aventura Visa Infinite

CIBC Aventura Visa Infinite

CIBC Aventura Visa Infinite
Summary: Earn Aventura rewards and enjoy several insurance benefits

Description: 

The Aventura Visa Infinite card by CIBC is a rewards with premium benefits for individuals with excellent credit.

Earn 1.5 Aventura Points for every dollar spent at gas stations, grocery or drug stores. Earn 1 Aventura Point for every dollar spent everywhere else. Earn 15,000 bonus Aventura points when you use the card for the first time. Aventura Points can be redeemed on over 100 airlines for flight rewards. You can also convert your Aventura Points to Aeroplan Miles at a 1 to 1 ratio in 10,000 point increments.

This card has an annual fee of $120 for the primary card and $50 for each supplemental card (maximum of three). The rate of interest of 19.99% applies to purchases and 21.5% applies to cash advances and balance transfers. A minimum personal income of $60,000 per year (or $100,000 for household income) and a minimum credit limit of $5000 are required.

This rewards card includes several benefits: car rental insurance, up $500,000 travel accident insurance, travel medical insurance (for the first 15 days out of province), flight delay insurance and baggage insurance. Balance protection insurance and auto club membership can be added for additional fees.

Overview

Credit required:
Excellent
Card Type:
Visa
Version:
Black
Reward Program: 
CIBC Adventura Rewards
Issuer: 
CIBC
Minimum Income: 
$60,000
Minimum Income Note: 
$60000 personal or $100000 household income
Minimum Credit Limit: 
$5,000
 

Annual Interest Rates

Interest Rate: 
19.99%
Cash Advance: 
21.5%
Balance Transfer: 
21.5%
Grace Period: 
21 days
Minimum Payment: 
$10 or 2.1% (whichever is greater)
 

Annual Fees

Annual Fee: 
$120
Supplemental Cards: 
$50
 

Balance Protection

Insurance Plan: 
Payment Protector
Age to Qualify: 
Under 65
Monthly Premium: 
$0.89 (per $100 of outstanding balance)
Maximum Benefit: 
$10000
 

Rewards

Earn up to 1.5 Adventura Points per dollar spent
Travel / Vacation: 
Yes
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
Yes
Extended Warranty: 
No
Travel Accident Insurance: 
Yes
Travel Medical Insurance: 
Yes
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
Yes
Baggage Insurance: 
Yes
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.