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How To Maximize The CIBC Rewards Program

The CIBC Rewards program, the final in our rewards program collection, will provide you with a typical array of choices for utilizing factors. You’ll be able to select from:

  • journey,
  • merchandise,
  • present playing cards,
  • monetary merchandise, in addition to
  • unique experiences.

Like all rewards packages, these totally different redemption choices will provide you with a wide range of level values.

Undecided the place to start out? Fortunately, we've finished the give you the results you want.

Let's dive into what CIBC has to supply – from the most effective methods to make use of your factors to get max worth, to their suite of 5 bank cards you’ll want to earn these factors.

Associated: Your Information To Huge 5 Financial institution Rewards Packages

CIBC Rewards – Aventura factors at a look

Redeem CIBC Aventura factors

There are a number of the way to redeem your CIBC Aventura factors, with choices starting from journey to merchandise, and CIBC monetary merchandise to unique experiences.

We'll break every of those choices down for you by cents per level (CPP), so you will get essentially the most worth.

Redeem CIBC Aventura factors for journey: 2.Three CPP

Like with most rewards packages, redeeming for journey will provide you with the most effective worth in your factors.

When redeeming your Aventura factors for journey, you may have two choices. You need to use the CIBC flight chart or e-book any journey you need and use your factors to pay for it.

Let's begin with the flight chart choice.

CIBC Aventura Airline Rewards chart: 2.Three CPP

Utilizing the Aventura Airline Rewards chart will provide you with the most effective worth, by far.

Much like how different flight charts work, you get to select from set flight distances and pay the bottom airfare with a set variety of factors. Taxes, charges, and different prices are further.

The purpose worth for this chart is predicated on the best variety of factors required for every sort of flight.

Forms of flights Factors required Max ticket value Level worth
Quick-haul Canada & U.S.
(between neighboring provinces & states)
10,000-20,000 $ 400 2 cents
Lengthy-haul Canada & U.S.
(not together with Alaska & Hawaii)
25,000-35,000 $ 800 2.Three cents
Mexico, Alaska, Hawaii, Caribbean & Central America 40,000 – 60,000 $ 1,000 1.7 cents
Choose European locations
(should journey from a significant gateway in Canada & U.S.)
50,000 – 70,000 $ 1,300 1.9 cents
Remainder of the world
(should journey from a significant gateway in Canada & U.S.)
75,000-125,000 $ 2,000 1.6 cents

As you may see, the potential worth of your factors can fluctuate fairly a bit.

Reserving a long-haul flight inside Canada or the Continental U.S. is your most suitable option, providing you with a degree worth of 2.Three cents.

Though this doesn’t embody the taxes and charges, you may have the choice to make use of factors to cowl these at a price of 1 CPP… which takes us to our subsequent redemption choice.

E book any journey: 1 CPP

The opposite technique to redeem your factors for journey is to e-book any journey by way of CIBC Rewards, the place every level is value 1 cent. A minimal redemption of three,000 factors ($ 30) is required.

One thing to notice: when you're trying to e-book a flight utilizing the flight chart, ensure to get a degree worth of no less than one cent, in any other case there are higher methods to redeem for flights.

CIBC Rewards doesn't provide value matching.

Redeem CIBC Aventura factors for charity donations: 1 CPP

In the event you're trying to give again indirectly, you need to use your factors to donate to charity.

Extra particularly,

2,500 factors will probably be a donation of $ 25, a degree worth of 1 cent.

Redeem CIBC Aventura factors for monetary merchandise: 0.83 CPP

You too can use your factors to pay for CIBC monetary merchandise.

Listed below are a few of the choices:

  • residential mortgage prepayment,
  • funding contributions, and
  • pay down a CIBC mortgage or private line of credit score.

12,000 factors will provide you with a $ 100 fee or contribution, giving a degree worth of 0.83 cents.

Redeem CIBC Aventura factors for merchandise: 0.71 CPP

Seeking to rating some merchandise in your factors? CIBC Rewards has an in depth catalog to select from.

The gadgets we surveyed had a degree worth vary of 0.Four to 0.87 cents per level, with a mean worth of 0.71 cents.

Right here’s a listing of what we checked out:

Merchandise Factors required Worth Level Worth (cents)
Nikon COOLPIX B500 44,300 $ 384.20 0.87
Google Dwelling Mini 11,000 $ 89.27 0.81
Apple iPad mini Four Wi-Fi 128GB 75,900 $ 598.90 0.79
Apple TV 4K 32-gb 33,500 $ 258.77 0.77
Angelcare® Video Motion & Sound Monitor 25,900 $ 195.49 0.75
Bosch 8-1 / 2 ″ Single Bevel Slide Miter Noticed 69,000 $ 506.24 0.73
Fitbit Cost 3 27,000 $ 192.10 0.71
KitchenAid® Glass Tea Kettle 20,800 $ 146.90 0.71
Excessive Sierra Endeavor Elite Backpack 16,200 $ 97.18 0.60
Hasbro Monopoly Traditional 5,700 $ 22.60 0.40

*Worth as discovered on google, with 13% gross sales tax added.

Redeem CIBC Aventura factors for present playing cards: 0.71 CPP

Favor present playing cards over merchandise? There's additionally all kinds out there in numerous denominations.

They’re nearly all value 0.71 cents per level, with one exception: CIBC pay as you go Visa playing cards, which have been solely value 0.63 cents per level.

Redeem CIBC Aventura factors for assertion credit: 0.63 CPP

In the event you're hoping to take a chew out of your bank card invoice, you can too use your factors to do exactly that.

4,000 factors will provide you with a $ 25 assertion credit score, a degree worth of 0.63 cents.

Redeem CIBC Aventura factors for unique experiences

If there's one factor cash can't purchase, it's expertise.

However, along with your CIBC rewards, you need to use your factors to make bids on unforgettable experiences with CIBC’s auctions.

For instance, you can bid on a Bermuda Island Retreat at Fairmont Southampton, or a Grand Unique Automotive Tour Expertise for Two.

CIBC Aventura bank cards

Getting a CIBC Aventura bank card is the one technique to earn CIBC Rewards factors. There are 5 bank cards in complete, and we'll give a quick overview of every one, and a substitute for take into account.

CIBC Aventura private bank cards

The premium providing in this system, the will provide you with essentially the most rewards, perks, and the most effective insurance coverage protection. It has an annual price of $ 120 and earnings necessities of both $ 60,000 private or $ 100,000 family.

Various bank card:

Don’t meet these earnings necessities? The is almost equivalent, and has a decrease family earnings requirement of $ 15,000.

Various bank card:

And if it's the annual price that's the issue, try the which can even earn you Aventura factors.

Various bank card:

Associated: Greatest Journey Credit score Playing cards In Canada

CIBC Aventura scholar bank card

In the event you're a scholar trying to accumulate some journey rewards, the is a superb choice that additionally has no annual price. Excellent for kick-starting your future journey plans as a younger scholar.

Various bank card:

Associated: Greatest Scholar Credit score Playing cards In Canada

CIBC Aventura U.S. Greenback bank card

The is likely one of the few U.S. Greenback bank cards in Canada that can even allow you to earn rewards.

Various bank card:

CIBC Aventura Enterprise Card

For enterprise homeowners, there's the that’ll allow you to earn Aventura factors on your entire enterprise purchases.

Various bank card:

CIBC Rewards questions and solutions

Listed below are the solutions to a few of your generally requested questions in regards to the CIBC Rewards program.

How versatile are these rewards?

These are very versatile rewards. You'll get nice worth with CIBC’s Airline Redemption Chart, plus get to make use of your factors for present playing cards, assertion credit, monetary merchandise, and many others.

Are there blackout dates?

No, there aren’t any blackout dates.

Do these rewards expire?

No, offered your bank card account is in good standing.

Can you utilize factors to cowl taxes & charges?

Sure, you need to use your factors to cowl taxes and charges.

Can these rewards be transferred?

No, with one exception – when you had a CIBC Aventura World Elite Mastercard, Aventura Visa Infinite, or Aventura Gold Visa card and the account was opened previous to October 1, 2013, you may switch your factors 1: 1 to Aeroplan in 10,000 level increments.

Is there a technique to earn rewards sooner?

No, utilizing an Aventura bank card is the one technique to earn factors.

Do they value match journey prices?

No, CIBC Rewards doesn’t value match journey prices.

If I cancel an award reserving, can I get my factors again?

No, there aren’t any refunds on any journey paid for with rewards.

What’s CIBC Rewards ’contact particulars?

To contact CIBC Rewards, name 1-888-232-5656 in Canada or the U.S.

Elsewhere, name 905-696-4907.

Wrapping it up

CIBC gives a robust program in relation to incomes rewards, on par with comparable rewards packages from the opposite huge 5 banks in Canada.

And with a very good number of bank cards to select from, there’s certainly one to fit your preferences.

Do you accumulate Aventura rewards? What has your expertise been with this rewards program?

Tell us within the feedback beneath.

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