Friday, March 1, 2019

March 1 Update: New $120 travel credit on the CIBC Aventura Visa Infinite card (but FYF gone), SCENE Visa increased welcome offer & more

The CIBC Aventura Visa Infinite Card has a new offer available as of today. To us it isn't as good as the previous one albeit it does provide the same value. The new offer sees the First Year Free being nixed and replaced by a $120 travel credit. Sure this gives you the same value but now you are forced to book some travel to end up in the same place as the first year free offer. And the credit expires June 30, 2020 - that's a pretty big window but there is a likelihood someone's plans may not work out and they lose out on that benefits.  Find out more about the offer here.

You'll notice as well that all the big banks are now moving from marketing their cards based on the sign up bonus to what value the cards provide in the first year and beyond. The above CIBC card is touted as up to $750 in value in travel value, the Scotia offer that came out earlier today is being touted as $400 in value, BMO moved to the dollar value on thier BMO Rewards cards and so on. You can see they are doing whatever they can to out do each other but in the end it comes down to even more than what the value is. We all know CIBC Rewards and BMO Rewards are less flexible than Amex Membership Rewards or Scotia Rewards but they won't tell you that in their marketing! Such is our market however!

Scotiabank has also increased the sign up bonus on their SCENE Visa from 2,000 points to 2,500 points. Not huge in our minds, they really should bring back the 4,000 or 5,000 point bonus if they really want some uptake on that card.

Posts since our last update:

Travel Deals
InterContinental Hotels: Book 2 nights and get the 3 night free for stays at select InterContinental Hotels Worldwide. Find out more here.

: Weekend rates start at $12.99/day. Book by May 18 Find out more here

Hilton Asia Pacific Resort Sale:
Up to 35% off when you book by March 19 for stays March 20, 2019 - February 2, 2020. Find out more here.

Spring Sale - Save up to 30% on Avis Rentals Worldwide until March 31. Find out more here.

Remember to visit Rewards Canada's Travel Booking site to book travel directly with many of your favourite airlines, hotels and more!

Canadian Bonus Offers
CIBC Rewards
- Earn up to 20,000 Bonus Aventura Points when you apply for and receive the CIBC Aventura Visa Infinite Card plus receive a $120 travel credit. More... 

- Earn 2,500 bonus SCENE points with your first $500 in everyday purchases in first 3 months of having the SCENE Visa Card. More...

Scotia Rewards
- Earn 30,000 Bonus Scotia Rewards Points when you spend $1,000 in the first three months of having the Scotia Passport Visa Infinite Card. More... 

Other Bonus Offers
China Southern Sky Pearl Club
- Earn up to Quadruple SkyPearl Kilometers when you rent with Hertz in USA, Canada, Australia, New Zealand and Europe. More... Until Mar 31, 19

Delta SkyMiles
- Double SkyMiles when you book the Bed and Breakfast package at participating Langham Hotels in North America & Europe. More... Until Apr 30, 19

Icelandair Saga Club
- Double Saga Club Points when you book a hotel stay through powered by More... Until Mar 31, 19

Sonesta Hotels Travel Pass
- Double Travel Pass Points per for stays at the Sonesta Silicon Valley San Jose. More... Until Mar 31, 19
- 500 Bonus Travel Pass Points per night for stays at the Royal Sonesta New Orleans. More... Until Apr 30, 19
- Triple Travel Pass Points and a $15 dining credit for stays at the Sonesta Bee Cave Austin. More... Until Apr 30, 19
- Double Travel Pass Points and a $10 dining credit for stays at the Royal Sonesta Houston Galleria. More... Until Apr 30, 19

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