CIBC · Visa
$139 waived in the first year, with 1.5 Aventura points a dollar on gas, groceries and drugstores. Four lounge visits and a NEXUS rebate that arrives once every four years.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- The $139 fee is waived in the first year
- 2 points a dollar on travel booked through the CIBC Rewards Centre
- 1.5 points a dollar on gas, EV charging, groceries and drugstores with no published caps
- Four airport lounge visits through Visa Airport Companion
- A NEXUS application rebate and rental car collision damage cover
- Up to 35,000 Aventura points in the welcome offer
Watch out for
- CIBC does not publish a single travel insurance dollar limit, day limit or age limit on the product page
- The advertised lounge value is exactly four visits. The membership on its own gets you nothing
- The NEXUS rebate is once every four years but is presented inside a first year value stack
- Aventura points are a fixed value currency with no airline transfer partners
- Additional cards cost $50 each
- The base rate is 1 point a dollar
What this card earns
- Groceries
- 1.5x
- Gas
- 1.5x
- Travel
- 2x
- Drugstore
- 1.5x
- Everything else
- 1x
- Bonus categories at once
- 2 you choose which
- What we value a point at
- 1¢
The earning fine print
2 Aventura Points per $1 on travel booked through the CIBC Rewards Centre; 1.5 points per $1 on gas, EV charging, groceries and drug stores; 1 point per $1 on all other purchases. No annual earn caps published on the product page. Cash advance fee $5.00 in Canada / $7.50 outside Canada. Cash advance and balance transfer rate 22.99% (21.99% for Quebec residents).
The welcome offer
- Welcome bonus
- 15,000 points after you spend $0
- Second tier
- 20,000 points after you spend $3,000, within 4 months
- Also included
- The first-year annual fee is waived
What the offer actually requires
Up to 35,000 Aventura Points: 15,000 on the first purchase and 20,000 more when $3,000 or more is spent within the first 4 statement periods. The advertised package also counts the $139 first-year annual fee rebate, $285 of lounge value, a $160 NEXUS rebate and a $110 Skip+ membership. No offer end date published. Bonus_tier2_months of 4 represents 4 statement periods.
Fees and interest rates
- Annual fee
- $139 waived the first year
- Additional card
- $50
- Foreign transaction fee
- 2.5%
- Purchase APR
- 21.99%
- Cash advance APR
- 22.99%
- Balance transfer APR
- 22.99%
Who can get this card
- Minimum personal income
- Not published by the issuer
- Minimum household income
- $15,000
Insurance and benefits
- Rental car damage waiver
- Included
- Purchase protection
- Included
- Extended warranty
- Included
- Airport lounge
- 4 free visits a year
- NEXUS fee credit
- Included
What the benefits really mean
Lounge: '4 complimentary visits at 1,200+ lounges globally through Visa Airport Companion Program: up to $285 value'. NEXUS: 'a rebate on one NEXUS application fee every 4 years' worth $160. Coverages listed on the page: Out-of-Province Emergency Travel Medical, Flight Delay and Baggage Insurance, Auto Rental Collision/Loss Damage, Common Carrier Accident up to $500,000, Hotel Burglary, Mobile Device Insurance, Purchase Security and Extended Protection. But CIBC publishes the dollar limits, day limits and age limits only in a separate insurance certificates PDF, so those amounts are NOT PUBLISHED. Free Skip+ membership and 50% off Disney+ for 6 months. The '$285 lounge value' is exactly 4 visits through Visa Airport Companion. The membership on its own confers no free access, and CIBC's page does not state whether the 4 visits recur annually. The NEXUS rebate is once every 4 years, not annual, but is presented in the first-year value stack as though it were. Not one travel insurance dollar limit, day limit or age limit is published on the product page. Everything sits in a separate certificates PDF. The $139 annual fee rebate is first year only; additional cards revert to $50 each. Quebec residents pay 21.99% rather than 22.99% on cash advances and balance transfers.
Our verdict
A free first year and up to 35,000 points is a reasonable way to try a travel card without committing. The 1.5 point rate on gas, groceries and drugstores has no published cap, which is better than several rivals, and Aventura is flexible about what you book with it.
From year two the case thins out. $139 for four lounge visits and a fixed value points currency is not obviously better than what free cards manage, and CIBC publishes none of the insurance limits on the product page, which is exactly what you would want to know before paying for a travel card. The value stack in the marketing also mixes a once every four years NEXUS rebate in with annual benefits, which flatters year one.
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Where this came from. CIBC Aventura Gold Visa product page (fee, first-year rebate, additional cards, earn rates, welcome tiers, lounge wording, NEXUS wording, insurance list) and CIBC's Credit Card Summary of Annual Interest Rates and Fees PDF for the 21.99%/22.99% rates and the 2.5% foreign currency markup.. We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.