Increased welcome bonus for the CIBC Aerogold Visa Infinite card – up to 20,000 Aeroplan Miles + a $120 Air Canada Gift Card

It’s been sometime since we’ve seen CIBC come out with an offer outside their standard one for the CIBC Aerogold Visa Infinite card! The new offer for this card sees the welcome bonus miles boosted by 5,000 miles to 20,000 miles. That’s broken down into 15,000 miles upon first purchase and 5,000 more miles when you spend at least $1,000 on the card within 4 billing cycles. On top that, CIBC is also giving a $120 Air Canada eGift Card as an additional bonus on top of the miles. You could almost consider this eGift card as the annual fee waiver for the first year since it does equal the $120 you have to pay for this card. It’s nice to see CIBC finally come out with an offer on their Aerogold card.