In need of a credit card with a no annual fee and valuable insurance coverage? With a CIBC Credit Card, you get added coverage for travel and car rental damage and at the same time you can rest easy with no annual fees for life. Read on to learn more about the perks and features of a CIBC credit card as well as how to apply.
CIBC Credit Card Features
The Canadian Imperial Bank of Commerce issues several credit cards with unique features and added functions. In this article, we will look into the benefits of the CIBC Aventura Visa Card.
Dubbed as an excellent travel companion, this credit card lets you earn points on every purchase. For every $1 spent, you can earn 1 point. Swipe your card and use it for your groceries, fuel, drugstore purchases and more.
As a new cardholder, you can also get up to 5,000 BONUS points when you spend $500 or more in the first 4 months. Use these points to redeem exciting treats like airline tickets, travel packages and cruises. Also, note that these points DON’T expire, so you can collect more and save more.
Itching to travel but don’t have time or patience to book your flights? Don’t worry, the CIBC Aventura Visa Card has got you covered. This card gives you access to Aventura Travel Assistant, which offers personalized travel booking and trip planning for FREE! It’s the most accessible feature to enjoy, especially for busy individuals like you.
The highlight of this credit card is the valuable insurance coverage. You can get protected from the cost of car rental collision, loss, damages and more. For accidents, you can receive up to $100,000 in insurance for common carrier accidents. Finally, you can enjoy extended protection insurance and maximum purchase security.
This credit card is also powered by Visa, making payment a breeze as it is accepted worldwide.
CIBC Aventura Visa Card Application
To qualify as a cardholder, you need to be at least 18 years old and a Canadian resident with a household annual income of $15,000. You must also have not declared bankruptcy in the last 7 years.
You can apply for this credit card online for your convenience. Simply fill out the credit card application form found on the CIBC website.
If approved your credit limit will be set by the bank based on your credit score, income and debt. Take note that the bank will set a manageable limit for the first few months, but you can always request for an increase, given that you have the capacity to pay. The limit is usually between $500 to $1,500 or higher, depending on your financial status.
CIBC Aventura Visa Card Fees & Charges
- Earn up to 7,500 bonus Aventura Points.
- No Annual Fee
- Interest Rates: 19.99% for purchases and 22.99%for cash.
CIBC’s Address & Contact Details
Address: 199 Bay St., Toronto
To get in touch with CIBC, call 1-800-465-4653 (or 1-514-861-4653 if you’re dialing outside Canada or the U.S.)
Overall, a CIBC credit card, particularly the CIBC Aventura Visa card, is a great choice for travel enthusiasts with low to moderate spending per month. Get yours now and enjoy multiple perks and valuable insurance coverage.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.