† This offer applies to the following eligible cards: CIBC Aventura® Visa Infinite* and CIBC Aventura® Gold Visa* Card. You can qualify for this offer if you apply and are approved for a new eligible card beginning October 29, 2025. In order to be eligible for this offer, a client must abide by the terms and conditions below.
A one-time annual fee rebate for you (the primary cardholder) and up to 3 authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. This offer applies for the first year only. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within two statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
If you apply and are approved for a new eligible card, when you make your first purchase you can receive:
i. 15,000 Aventura Points when you make your first purchase.
ii. Additional bonus of 20,000 Aventura Points if you have at least $3,000 in net purchases posted to your account during the first 4 monthly statement periods.
Offer applies to newly approved card accounts only. Transfers and product changes from other CIBC credit cards are excluded from this offer. Card account must be open and in good standing at the time the bonus Aventura Points are awarded. Card account must be open and in good standing at the time the bonus Aventura Points are awarded. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. For this offer, the following do not qualify as purchases: cash advances, CIBC Global Money Transfers™, balance transfers, CIBC Convenience Cheques, fees, interest, Aventura Points redemptions and payments. It may take up to several business days for purchases to be posted to your account. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. If you have opened, transferred or cancelled another eligible card within the last 12 months, we may approve your application, but you may not receive this offer. This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
The $800 points value is based on the maximum redemption value for 35,000 Aventura Points on a long-haul airfare purchase, based on the Aventura Airline Rewards Chart at CIBC Rewards, before taxes and other charges.
To obtain an Airline Travel Reward, you must redeem at least 80% of the total number of Aventura Points required to purchase it. If you don’t have enough Aventura Points to purchase an Airline Travel Reward in full, you may make a Top Up Purchase of Aventura Points for up to 20% of the total Aventura Points required for the flight excluding Taxes and Other Charges. For Top Up Purchases, Aventura Points may be purchased at a rate of 3 cents per Aventura Point plus applicable taxes. The Top Up Purchase will be charged to your Card and does not earn Aventura Points. Top Up Purchases cannot be refunded or reversed.
‡ Cash back amounts of up to 5% are available on the 5-year (or greater) fixed-rate closed mortgage loans. Other cash back offers are also available on 3- and 4-year fixed-rate closed mortgage loans and the CIBC Variable Flex Mortgage® loan. Maximum cash back amount is $50,000. Cash back is deposited the business day after closing and is repayable if the mortgage loan is discharged, transferred or renewed before the maturity date. Subject to credit approval. Other conditions and restrictions apply. Ask us for details. Offer may be changed or withdrawn at any time.
†† The interest rate on the line of credit component of your CIBC Home Power Plan will change whenever CIBC Prime varies. For the current CIBC Prime rate, visit Rates for Loans and Lines of Credit.
◇◇ Access up to 80% of the appraised value of your home or of your rental properties of up to 4 units that aren’t occupied by the owner.
1 CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. CIBC Prime rate was 7.20% on November 1, 2023. The interest rate on the line of credit component of your CIBC Home Power Plan will change whenever CIBC Prime varies.
On December 9, 2024, your rate will revert to the ongoing interest rate stipulated in your CIBC Home Power Plan Line of Credit and Mortgage Loan Terms and your CIBC Line of Credit Statement of Disclosure. Apply for a new CIBC Home Power Plan by June 28, 2024 and open the line of credit component by August 30, 2024; this is subject to credit approval. This offer is only available to applicants that do not hold a CIBC Home Power Plan at the time of application, unless the CIBC Home Power Plan to which this offer applies is not secured by the same property securing the applicant’s existing CIBC Home Power Plan or Home Power Line of Credit. A $300 property valuation fee applies. Other conditions apply. Offer ends on June 28, 2024. CIBC may change or cancel this offer at any time without notice.
CIBC Home Power Plan is offered by CIBC. All CIBC Home Power Plan applicants must meet CIBC’s lending criteria. Minimum borrowing amount is $10,000. Minimum equity in your home is required to qualify. Available on residential properties only. Some conditions and restrictions apply.
Automatic rebalancing of the line of credit component of your CIBC Home Power Plan may take up to 60 days and is subject to your maximum PLC rebalancing limit, as such term is defined in your CIBC Home Power Plan Agreement. The credit limit on the line of credit component of your CIBC Home Power Plan cannot exceed an approved percentage of the value of the property held as security for your CIBC Home Power Plan at time of application.
Approval subject to applicants meeting CIBC’s normal lending criteria as well as eligibility criteria associated with the CIBC Banking for Professionals Bundle. Credit limit is determined by CIBC, in its sole discretion.
2 A transaction includes cheques, withdrawals, transfers, preauthorized payments, payments (including CIBC-branded loans), bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. Pre-authorized payments and transfers to CIBC-branded loans (excluding CIBC Personal Lines of Credit), mortgages and investments (registered and non-registered) are free. Payments to CIBC-branded mortgages are also free. “CIBC-branded” means any brand that has CIBC in its name and is offered by CIBC or its Canadian affiliates (and does not include CIBC Bank USA). A transaction does not include debit purchases (excluding purchases made by pre-authorized payment), including transit fares and passes, made at Canadian public transit authority merchants classified by Interac’s “Merchant Category Code” (MCC) as “Local and Suburban Commuter Passenger Transportation, including ferries”. Debit purchases (excluding pre-authorized payment purchases) made at public transit authority merchants with this classification do not incur an account transaction fee. Debit purchases made at any other merchants offering public transit services are transactions and may incur an account transaction fee depending on the type of account.
3 Each Interac e-Transfer® you send counts as a transaction for calculating your monthly fee. The Interac e-Transfer fee is waived on CIBC Smart Accounts, the CIBC Everyday Chequing Account, and for clients who are enrolled in CIBC Smart Start, CIBC Advantage for Youth, CIBC Smart for Students, CIBC 60 Plus Advantage and CIBC Advantage for Students (on the CIBC Everyday Chequing Account). Clients 65 years of age and older do not pay the Interac e-Transfer fee on any CIBC chequing account. Interac e-Transfer service has maximum dollar limits that you can send. Learn more about Interac fees and details.
4 For clients who have more than three (3) CIBC Smart Accounts, CIBC will select which three accounts will have these benefits and/or features.
5 Each additional CIBC Smart Account (over three (3) CIBC Smart Accounts) will receive a monthly account fee rebate by maintaining a minimum end of day account balance of $4,000 each day for that month in that CIBC Smart Account.
6 Interest rates will change from time to time. When interest rates chant, at least 30 days prior notice will be given to the primary cardholder. “Purchase” means card purchases less returns and doesn’t include:
- Cash advances
- Interest
- Fees
- Balance transfers
- Payments
- CIBC Convenience Cheques.
“Cash” means:
- Cash advances
- Balance transfers
- CIBC Convenience Cheques
7 In Canada, the annual fee may be a tax deductible business expense. For more information, consult a tax professional.
8 The credit card must be active, meaning it should meet the minimum spend criteria of >$1 in the last 12 months.
9 The monthly fee applies even if there is no account activity. Other fees may apply to the operation of your account. To learn more, refer to pages 6 to 12 in Business account service fees (PDF, 245 KB) Opens in a new window..
10 Transactions include any debits and credits to your account (not including CIBC interest credits and fee debits). Debits include, without limitation:
- Withdrawals
- Cheques
- Pre-authorized payments
- Bill payments
- Interac Direct Payments
- Interac e-Transfer payments
- Direct deposits
- Transfers to other accounts
Credits include, without limitation:
- Deposits
- Pre-authorized payments
- Bill payments
- Interac Direct Payments
- Interac e-Transfer payments
- Direct deposits
- Transfers from other accounts except transfers from CIBC business accounts
Additional charges may apply including, without limitation, Interac e-Transfer, “Items Deposited” and “Currency Supplied” fees where applicable.
If you perform fewer than the allowed number of transactions in a month, the unused transactions can’t be carried forward to future months.
11 CIBC Personal Portfolio Services is a discretionary investment management service provided by CIBC Trust Corporation and distributed by CIBC Investor Services Inc., a subsidiary of CIBC, to individuals with household investable assets greater than $100,000.
12 CIBC Smart Investment Solutions is distributed by CIBC Securities Inc. and CIBC Investor Services Inc., each wholly-owned subsidiaries of Canadian Imperial Bank of Commerce (CIBC). CIBC Smart Investment Solutions is offered by CIBC Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds aren’t guaranteed, their values change frequently and past performance may not be repeated. Read the prospectus before investing. To get a copy, call CIBC Securities Inc. at 1-800-465-3863Opens your phone app.. Alternatively, you may get a copy from your advisor.
13 The above is intended to be only a general description of this product and its features. Some conditions may apply. CIBC reserves the right to change or discontinue this product or any of its features at any time. This product and its features will be subject to the terms and conditions of the applicable agreement governing its use.
14 Each client in Tier 2 and Tier 3 who hold an active eligible credit card account will receive an annual fee rebate, subject to the terms and conditions Opens a new window.. The Tier 2 annual fee rebate is up to $50 annually for the primary cardholder. The Tier 3 annual fee rebate is up to $139 annually for the primary cardholder and up to $50 for each authorized user (up to a maximum of 3 authorized users). The credit card must be active, meaning it should meet the minimum spend criteria of >$1 in the last 12 months.
The following credit cards are eligible to qualify for annual fee rebate: CIBC Aventura® Visa Infinite*, CIBC Aventura® Gold Visa*, CIBC Dividend® Visa Infinite*, CIBC Dividend Platinum® Visa*, CIBC Aeroplan® Visa Infinite*, CIBC Aventura® Visa Infinite Privilege* and CIBC Aeroplan® Visa Infinite Privilege*. The rebate benefit is also available for cardholders with the following CIBC cards no longer available for new clients: CIBC Aventura® Mastercard® ($99), CIBC Aventura® World Mastercard®, CIBC Aventura® World Elite® Mastercard®, CIBC Aerogold® Visa* and CIBC Gold* Visa.
