† You are eligible for this annual fee rebate offer only if you apply and are approved for your first CIBC credit card. If you are a current or former CIBC cardholder, we may approve your application but you will not be eligible for the offer.
You must apply and be approved for a new eligible card between March 1, 2018 and June 30, 2018 to qualify for this offer.
If you apply and are approved for a new card, you will receive:
i. A one time annual fee rebate for you (the primary cardholder) and up to three authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. This offer applies for the first year only. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within two statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
ii. A welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with your card.
iii. An additional bonus of 5,000 Aventura Points if you have at least $1,000 in purchases within the first 4 monthly statement periods.
The following do not qualify as purchases: cash advances, interest, fees, balance transfers, payments, CIBC Convenience Cheques or Aventura Point redemptions. It may take up to several business days for purchases to be posted to your account. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. Card account must be open and in good standing at the time the bonus Aventura Points are awarded.
Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC Aventura Visa Infinite Card or CIBC Aventura Gold Visa Card are excluded. Offer and bonus points are non-transferable. This offer may be withdrawn or changed without prior notice at any time. CIBC may, in its sole discretion, disqualify, limit or revoke this offer if you are believed to be abusing or manipulating it, or engaging in any suspicious or fraudulent activity.
The $400 value is based on the redemption value of 20,000 Aventura Points for airfare purchases, based on the Aventura Airline Rewards Chart at www.cibcrewards.com, before taxes and other charges, as at March 1, 2018.
1 Transactions must first be posted to your account before they can trigger a spend alert. It may then take up to 24 hours after a triggering transaction is posted for an alert to be sent. On select CIBC cards, an overlimit fee is charged if the account balance is over its credit limit on the date the statement is prepared.
2 This service is provided by Equifax Canada, a leading credit bureau in Canada.