Sunday, November 8, 2020

The new CIBC Aeroplan® Visa* Card offer is 10,000 Bonus Aeroplan Points and first year annual fee rebate


And our final post of the night for the new Aeroplan cards is for CIBC's entry level card the CIBC Aeroplan® Visa* Card.


 Recommended reading:

And links to the other consumer card offers revealed today:

And links to the other consumer card offers revealed today:

The Welcome Bonus

The CIBC Aeroplan® Visa* Card comes with a modest 10,000 point welcome bonus but that can be expected on the only no annual fee card in the suite of Aeroplan cards. Well, technically speaking there is one more and that is the student version of this exact card.

Basics of the new card

The earn rates get a little better on this card as it will now earn 1 Aeroplan point per dollar spent for grocery and gas station purchases as well as Air Canada purchases. All other purchases which all continue to earn 1 Aeroplan point per $1.50 spent on the card.

Here are some of the new benefits for this card:

  • Preferred Pricing - Holders of these cards will receive discounts when redeeming miles for Aeroplan reward flights
  • Hotel/Motel Burglary Insurance coverage up to $2,500 per occurrence for each Cardholder on the Account and eligible family members travelling with the Cardholder. 
  • Mobile Device Insurance coverage up to $1,000 for eligible mobile devices in the event of loss, theft, accidental damage, or mechanical breakdown.

Final thoughts

This card of is one of two that can be used an entry to Aeroplan if you don't qualify for one of the higher end cards offered in the huge suite of options. The 10,000 points is a mid-level bonus for this type of card but when you couple it with it being a no annual fee card it's not a bad option to get into the points and miles game especially if you are a student.

Learn more about and apply for the new CIBC Aeroplan® Visa* Card here

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