Illustration, not the actual card design.
CIBC · Earns Aeroplan points
CIBC Aeroplan Visa
Annual fee
None
Welcome offer
Up to 10,000 points
Market
Canada · CAD
Biggest part of the offer: Spend $10,000 in your first 12 monthly statement periods and keep the account open and in good standing.
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$50
+$50 welcome bonus
+$0 yearly credits
−$0 fee
Year 2
$50
+$50 welcome bonus
+$0 yearly credits
−$0 fee
Every year after
$0
+$0 yearly credits
−$0 fee
Plus 8 benefits with no fixed dollar value, like Avis and Budget rental discount, Car Rental Collision Damage Insurance and Common Carrier Accident Insurance. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 10, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Offer may end without notice. Additional cardholders are not eligible. Under Aeroplan's terms, you may not get the bonus points if you have already received a welcome, additional or anniversary bonus for a new Aeroplan card of the same card category type from CIBC or another issuer. Only newly approved accounts qualify; transfers and product changes from other CIBC credit cards are excluded.
10,000 points: worth $100 at 1¢ a point, or up to $200 on travel (2¢ a point). How that works
- 1Make your first purchase2,500 pts≈ $25 est.Year 1
- 2Spend $1,500 in your first 4 monthly statement periods2,500 pts≈ $25 est.Year 1
- 3Spend $10,000 in your first 12 monthly statement periods and keep the account open and in good standing5,000 pts≈ $50 est.Year 2
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Valued at 1¢ per point. Aeroplan points can be worth more on travel. How that works
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Gas & Fuel | 1 pt per $ | 1¢ |
| Groceries | 1 pt per $ | 1¢ |
| Air Canada | 1 pt per $ | 1¢ |
| Everything else | 0.67 pts per $ | 0.67¢ |
What else you get
Perks
- Avis and Budget rental discount
Up to 25% off at participating Avis and Budget locations worldwide
Insurance
- Car Rental Collision Damage Insurance
Rental car theft, loss or damage, vehicles up to $85,000 MSRP, rentals up to 48 days
- Common Carrier Accident Insurance
Accidental death or dismemberment on a common carrier, up to $100,000 per person
- Purchase Security
New items lost, stolen or damaged within 90 days; $60,000 maximum per cardholder across all CIBC cards
- Extended Protection
Doubles the manufacturer's warranty, up to 1 extra year
Awards
- 4th Hotel Night Free
One night free for every 3 hotel nights redeemed with Aeroplan points
Every booking - No Airline Surcharges on Air Canada Rewards
No cash carrier surcharges on Air Canada flight rewards
Every flight - Preferred Pricing on Flight Rewards
Book Aeroplan flight rewards for fewer points, offered from time to time
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by CIBC. Card and program names belong to their owners.
Details last checked Oct 10, 2026.