CIBC Aeroplan VISA Infinite

The CIBC Aeroplan Visa Infinite Card is a premium travel rewards card that lets you earn accelerated Aeroplan points on gas, groceries, and Air Canada purchases. It offers valuable travel benefits, including a free first checked bag and no additional airline surcharges on Air Canada flight rewards.

Welcome Offer

Receive up to 50,000 Aeroplan points, a first-year annual fee rebate, and additional perks, all adding up to a total value of $1,400.

Summary

This credit card has an annual fee of $139, which grants you access to its premium benefits. The purchase interest rate is 20.99%, and the cash advance rate is 22.99%. These rates apply to your outstanding balances, so be sure to manage your spending and payments accordingly.

Rewards

With this credit card, you’ll earn 1.5 points for every $1 spent on eligible gas, groceries, and Air Canada purchases, making it great for everyday spending and travel. For all other purchases, you earn 1 point per $1 spent, allowing you to accumulate rewards on everything else you buy.

Benefits

This credit card offers a free first checked bag on Air Canada flights, adding convenience and savings to your travels. As a Visa Infinite cardholder, you also enjoy exclusive benefits like hotel perks and concierge services, enhancing your travel and lifestyle experiences. Additionally, using this card helps you qualify for Aeroplan Elite Status, providing even more rewards and privileges when you fly.

Insurance

• Out-of-Province Emergency Travel Medical Insurance
• Trip Cancellation and Interruption Insurance
• Flight Delay and Baggage Insurance
• Auto Rental Collision and Loss Damage Insurance
• Mobile Device Insurance

Editor’s Review

CIBC Aeroplan Visa Infinite Card Review

General Overview

The CIBC Aeroplan Visa Infinite Card is a premium travel rewards card offering accelerated Aeroplan points, travel perks, and comprehensive insurance, ideal for frequent Air Canada travelers.

Key Features

• Interest Rates
  • Purchase APR: 20.99%
  • Cash Advance APR: 22.99%
• Rewards Program
  • 1.5 points per $1 on gas, groceries, and Air Canada purchases
  • 1 point per $1 on all other purchases
  • Earn up to 50,000 Aeroplan points as a welcome bonus
• Fees
  • Annual Fee: $139 (rebated for the first year)
  • Additional Cards: $50 each
• Benefits
  • Free first checked bag for up to 9 people on the same Air Canada reservation
  • Priority check-in, boarding, and airport lounge access
  • Visa Infinite Dining and Hotel Collection access
• Insurance Coverage
  • Emergency Travel Medical Insurance
  • Trip Cancellation/Interruption Insurance
  • Flight Delay and Baggage Insurance
  • Auto Rental Collision/Loss Damage Insurance
  • Mobile Device Insurance
• Security Features
  • Visa Zero Liability policy
  • Fraud alerts
  • Credit card lock feature via the CIBC Mobile app

Pros and Cons

Pros

• High rewards rate on travel and everyday purchases
• Comprehensive travel insurance coverage
• Multiple travel perks and benefits with Air Canada

Cons

• High annual fee (after the first year rebate)
• Requires a minimum income of $60,000 (individual) or $100,000 (household)

Who is this card for?

This card is best suited for frequent Air Canada travelers who can take advantage of the extensive travel benefits and insurance coverage. It is ideal for those who want to maximize their Aeroplan points and enjoy premium travel perks.

Comparison with Similar Cards

Final Verdict

The CIBC Aeroplan Visa Infinite Card offers a robust suite of benefits for frequent travelers, especially those loyal to Air Canada. With a high welcome bonus, accelerated points earning on everyday expenses, and extensive travel insurance, it’s an excellent choice for those who can meet its high income requirement and annual fee. Its travel perks, including free checked bags and a 4th night free on hotel stays, add significant value, making it a top contender for travelers seeking to maximize their Aeroplan points and travel benefits. Overall, this card scores a solid 8.9 out of 10.

Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.