CIBC Aeroplan Visa
Niche cardWhat the roles mean
- Keeping Aeroplan points alive for $0: 1 point per $1 on groceries, gas and Air Canada, no annual fee
Welcome offer now
Up to 10,000 Aeroplan points — "up to $200 in travel value."
Checked on CIBC's own page October 21, 2026. See CIBC's page
What it earns in a year
25,050 points a year
Worth about $251 at the simplest redemption, up to $501 at the best.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Gas / EV (First $40,000 a year, then 0.67× points): 1× points.
- Groceries (First $40,000 a year, then 0.67× points): 1× points.
- Travel (First $40,000 a year, then 0.67× points): 1× points.
- Everything else: 0.67× points.
Highlighted = use this card here.
Using your points
On the spending above, 25,050 points a year: worth $251 the easy way, $501 the best way.
- Easy way (1¢): Gift cards, merchandise or paying toward a cash fare
- Best way (2¢): Economy flights, best on Star Alliance partners. Business class on partners can reach 3–8¢
How to apply for the CIBC Aeroplan Visa
Check first
- One Aeroplan bonus per card type: not if you've already had a welcome bonus on an Aeroplan card of the same type, from CIBC or another bank
- No bonus on a switch: transfers and product changes from other CIBC cards don't qualify
- Check you qualify No minimum income listed. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on CIBC's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on CIBC's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Groceries, gas, EV charging: fine here at 1 point per $1
- Air Canada flights and vacations: book directly with Air Canada for 1 point per $1
- Everything else: use another card. This one pays 1 point per $1.50
- Downgrading from a CIBC Aeroplan fee card: move here to keep your points from expiring
- From January 12, 2027: 15% fewer points on eligible Air Canada flight rewards (replaces "preferred pricing")
- Example: $800/month groceries + $250/month gas + $550/month dining and bills = 17,000 points a year, about $340 in flights at ~2¢ a point (our estimate)
Key facts
- Annual fee
- $0
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- None published
- Min. household income
- $15,000
- Rewards
- AeroplanSee every Aeroplan card
Annual fee waiver
- No annual fee
From cibc.com product page, checked October 17, 2026. Not an affiliate link.
More CIBC cards
CIBC Aeroplan Visa Infinite$139 fee
CIBC Aeroplan Visa Infinite Privilege$599 fee
CIBC Aventura VisaNo annual fee
CIBC Aventura Visa Infinite$139 fee
CIBC Aventura Gold Visa$139 fee
CIBC Aventura Visa Infinite Privilege$499 fee
CIBC Dividend VisaNo annual fee
CIBC Costco MastercardNo annual fee
CIBC Dividend Visa Infinite$120 fee
CIBC Dividend Platinum Visa$99 fee
CIBC Adapta MastercardNo annual fee
Best paired with
Neo World Elite Mastercard
- This card: travel
- Neo World Elite Mastercard: groceries, gas / ev, dining & restaurants, bills & subscriptions, transit, drugstore / pharmacy, entertainment, everything else
- Together: $703 a year after both fees, vs $251 with this card alone
If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, bills & subscriptions, transit, drugstore / pharmacy, entertainment, everything else makes it $888 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- $0 annual fee, including up to 3 extra cards
- 1 point per $1 on groceries, gas, EV charging and Air Canada
- Points do not expire while you hold a CIBC Aeroplan card
- Income bar is only $15,000 household
- Welcome: up to 10,000 points (5,000 of them need $10,000 of spending in year one)
- Rental car cover for cars up to $85,000, up to 48 days
Cons
- 1 point per $1.50 on everything else
- Bonus rate stops after $40,000 of total card spending a year
- No travel medical, trip cancellation or flight delay insurance
- No free checked bag or lounge access
- 2.5% on foreign-currency purchases
- No welcome bonus if you already got one on an Aeroplan card of the same type, from CIBC or another bank
Insurance included
- Rental car damage: up to 48 days, cars up to $85,000
- Travel accident: $100,000 per person, at least 75% of the fare on the card
- Purchases: 90 days of theft/damage cover, +1 year warranty
Maximums as CIBC lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Aeroplan: no cash surcharges on flight rewards, Family Sharing
- From January 12, 2027: 15% off the points price of eligible Air Canada flight rewards, plus a 4th Day Free car rental benefit
- Journie Rewards: up to 10¢/litre at Chevron, Ultramar and Pioneer
- Avis and Budget: up to 25% off
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| CIBC Aeroplan Visa | 1× points≈ 2.0% in value | $192 | $0 | October 21, 2026 |
Other cards for gas / ev
Back a year on $3,000 of gas / ev, caps included. Points at best-case value. Before annual fees.
| Card | Earns on gas / ev | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| SimplyCash Preferred | 4% back | $120 | $120 | October 21, 2026 |
| Amex Cobalt | 2× points≈ 4.0% in value | $120 | $192 | October 21, 2026 |
| Amex Gold Rewards | 2× points≈ 4.0% in value | $120 | $250 | October 21, 2026 |
| CIBC Aventura Visa Infinite Privilege | 2× points≈ 4.0% in value | $120 | $499 | October 21, 2026 |
| CIBC Dividend Visa Infinite | 4% back≈ 3.9% in value | $118 | $120 | October 21, 2026 |
| BMO eclipse Visa Infinite | 5× points≈ 3.4% in value | $101 | $120 | October 21, 2026 |
| CIBC Aeroplan Visa | 1× points≈ 2.0% in value | $60 | $0 | October 21, 2026 |
How the offer has changed
One row per check of CIBC's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | Unchanged: up to 10,000 Aeroplan points (2,500 first purchase + 2,500 on $1,500 in first 4 statements + 5,000 anniversary bonus on $10,000 in first 12 statements). "Up to $200 in value." For approvals beginning July 16, 2026Page text, all footnotes, rate sheet (rev. 11995-2026/10) and the January 12, 2027 Aeroplan notice identical to October 17, 2026 | $0 (primary and up to 3 AUs) | none stated |
| October 17, 2026 | Unchanged: up to 10,000 Aeroplan points (2,500 first purchase + 2,500 on $1,500 in first 4 statements + 5,000 anniversary bonus on $10,000 in first 12 statements). "Up to $200 in value." For approvals beginning July 16, 2026First §12 row. Rates unchanged (rev. 11995-2026/10). Notice: Aeroplan benefit changes effective January 12, 2027 (15% flight-reward discount replaces preferred pricing; 4th Night Free expiry removed; 4th Day Free car rental added) | $0 (primary and up to 3 AUs) | none stated |
General information, not financial advice. Offers change; confirm on CIBC's page before you apply.