CIBC · Visa
Business card
$180, waived in year one, with a purchase rate from 12.99% and 2 Aeroplan points a dollar with Air Canada. The rate is a range, not a rate.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- A purchase rate starting at 12.99%, well below the business card norm
- 2 Aeroplan points a dollar with Air Canada and at Hyatt
- 1.5 points a dollar on travel, transport, dining and services
- Double points at over 150 Aeroplan partners and 170 online retailers
- Four lounge passes and rental car collision damage cover
- Up to 75,000 Aeroplan points with the first year fee rebated
Watch out for
- 12.99% is the bottom of a range that runs to 18.99%, and CIBC does not say who gets which
- CIBC also sells a Business Plus version at $139 with the same earn and a 20.99% rate
- Employee cards cost $50 each with none included
- A 2.5% foreign transaction fee
- A personal guarantee is required
What this card earns
- Dining and restaurants
- 1.5x
- Travel
- 1.5x
- Transit
- 1.5x
- Everything else
- 1x
- Bonus categories at once
- 1 you choose which
- What we value a point at
- 2¢
The earning fine print
2 Aeroplan points per $1 on Air Canada purchases and at participating Hyatt hotels; 1.5 points per $1 on travel, transportation, dining and services; 1 point per $1 on everything else. Double points at 150+ Aeroplan partners and 170+ online retailers. CIBC publishes no annual cap on this card.
The welcome offer
- Welcome bonus
- 75,000 points
- Also included
- The first-year annual fee is waived
What the offer actually requires
Up to 75,000 Aeroplan points (CIBC values at up to $1,500 in travel) plus an annual fee rebate for the first TWO years (CIBC states up to $660 of value, which implies the rebate covers the primary card plus additional cards). CIBC's product page states the headline point total but does NOT publish the spend thresholds or time windows, so those are recorded as NOT PUBLISHED. CIBC markets the total package at 'up to $2,600 in value' including a free checked bag benefit ($140), Maple Leaf Lounge visits (up to $236) and a first-year Skip+ membership ($110). No offer end date published.
Fees and interest rates
- Annual fee
- $180 waived the first year
- Employee card
- $50
- Employee cards included
- None
- Foreign transaction fee
- 2.5%
- Purchase APR
- 12.99%
- Cash advance APR
- 14.5%
- Balance transfer APR
- 14.5%
Who can get this card
- Minimum personal income
- $35,000
- Personal guarantee required
- Yes you are personally liable for the balance
Insurance and benefits
- Rental car damage waiver
- Included
- Purchase protection
- Included
- Extended warranty
- Included
- Airport lounge
- 4 free visits a year
What the benefits really mean
Free first checked bag for the cardholder, authorized users and up to 8 companions on Air Canada flights. Up to 4 complimentary Maple Leaf Lounge passes annually. Complimentary Avis Preferred Plus upgrade. Aeroplan points do not expire while the account is in good standing. Up to 9 additional cards at $50 each. Eligibility: minimum $35,000 annual individual income. CIBC files this card under its 'Personal liability' business card group. CIBC's rates PDF confirms the purchase rate is a RANGE of 12.99% to 18.99% and cash advances 14.50% to 21.50%; the lowest published figures are recorded in the numeric fields. THE APR IS A RANGE, NOT A RATE. CIBC's own rates PDF gives 12.99% to 18.99% on purchases and 14.50% to 21.50% on cash advances. The product page and the business cards listing both say only 'as low as 12.99%'. Recording 12.99% as the purchase APR is the best-case figure and should be labelled 'from' on the site. PERSONAL GUARANTEE: CIBC groups this under 'Personal liability cards', meaning the individual is liable. CIBC does not publish the spend requirement or the time window for the 75,000-point welcome bonus anywhere on the product page. The $180 annual fee is the highest business card fee CIBC charges, and the second-year rebate is what makes CIBC's '$2,600 in value' claim work. CIBC publishes no insurance dollar limits on the product page. Grace period wording differs for Quebec versus the rest of Canada.
Our verdict
Aeroplan points at our valuation make the 2 point Air Canada rate worth about 4%, and 1.5 points across travel, transport, dining and services means the card earns well on a normal business budget. With the first year rebated and up to 75,000 points on offer, the first twelve months are a clear win.
The interest rate needs care. CIBC advertises as low as 12.99% and its own rates document gives a range to 18.99% on purchases and up to 21.50% on cash advances. If you are choosing this over the $139 Business Plus version specifically for the rate, confirm the rate you have been assigned, because at the top of the range the cheaper card is the better buy.
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Where this came from. cibc.com/en/business/credit-cards.html (lineup, liability grouping, $180 fee, 'as low as' rates); cibc.com/en/business/credit-cards/aeroplan-visa-business.html (earn, welcome, benefits, income); CIBC Business Credit Card Summary of Annual Interest Rates and Fees PDF (2.5% FX, rate ranges, $50 authorized user fee). Verified 18 Aug 2026.. 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.