Wednesday, June 5, 2013

CIBC waiving the first year annual fee on their premium travel credit cards

Much like last year, CIBC is once again running a promotion waiving the first year's annual fee on their suite of premium travel credit cards. To qualify for the 'rebate' on your annual fee all you have to do is spend $500 on the card with the first three months of having it. The offer is good on the CIBC Aerogold Visa Infinite, CIBC Aerogold Visa, CIBC Aventura Visa Infinite and CIBC Aventura World Elite MasterCard. This offer runs until June 28, 2013.

Each card's sign up links can be found here:
Aerogold Visa Infinite
Aerogold Visa
Aventura Visa Infinite
Aventura World Elite MasterCard

Apparently you can get the same offer with no spend threshold, ie 100% rebate of the annual fee without spending a dime by either calling in your application and asking for the first year fee waived or walking into a CIBC branch and doing the same.

This is a nice offering to get 15,000 Aeroplan miles for nothing as you can always cancel your card before the first year is up.  If you want even more Aeroplan miles you can even add another 20,000 Aeroplan Miles by signing up for the American Express Gold Rewards Card which is also fee-free in the first year and awards 20,000 Membership Rewards points via this link. And for even more free miles read my post titled  Travel Hacking 101 - Earn 50,000+ Aeroplan Miles or British Airways Avios for free*which covers the Amex card mentioned above and some others. Technically speaking you could potentially earn 65,000 Aeroplan miles for free with these methods.

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