Great CIBC Aventura Flight Redemption Offers: Toronto – New York for 8,500 points, Chicago and others for 10,000

Rewards Canada reader H.S. alerted us to this offer.

It hasn’t taken CIBC long to exploit new avenues away from their long standing relationship with Air Canada and Aeroplan.  Looks like CIBC and Porter airlines are working with one another now as Aventura cardholders can take advantage of this amazing redemption offer for flights on Porter Airlines!

The offers based on the banner from the CIBC Rewards website states that you can fly on Porter between Toronto and New York for only 8,500 points as well as Chicago, Mont Tremblant and Burlington, VT for 10,000 points. Now, I am not a CIBC Aventura cardholder so I cannot tell you whether that is one way or round trip although I’m guessing round trip based on the Aventura award chart nor do we know the dates of the offer (if any of our readers wants to send us a screen shot of the terms and conditions after logging in that would be greatly appreciated!)

Update via Rewards Canada reader Dillon:
Terms are you have to travel with Porter Airlines by March 31, 2014. The
travel date has to be at least 21 days from the date of booking and you
have to book through the call center. You are unable to book it online.
The 8500 and 10000 points are for round trips.

8,500 Points between Toronto and New York is a great deal considering the Aventure Infinite card comes with a 20,000 point sign up bonus right now, so that is two tickets to any of the destinations in this offer but if you got in on the card before December 31st chances are you took advantage of the 30,000 point sign up bonus which could get you three tickets with this promo!

8,500 points is probably the lowest we have seen from any program between Toronto and New York as British Airways Executive Club is 9,000 Avios for the same two cities but if you look at it from credit card spend, the Avios deal is better for holders of cards like the American Express Gold Rewards Card as that 9,000 Avios can be earned with as little as $4,500 of spending versus as little as $5,667 in spending on the Aventura card. In any regard this CIBC Aventura deal is well worth taking advantage of!

I am going to wager a guess that this only the start from CIBC. They have been somewhat behind the times with all of their credit card offerings compared to the other Canadian credit card issuers and I can imagine they will also do their best to tempt CIBC Aerogold cardholders to move to the Aventura cards instead of the TD Aeroplan cards.