Ever wish to travel to that one place, that one country, or that one city all without having to spend a fortune? The CIBC Aeroplan Visa Infinite Card could be the solution you are looking for to make that financial dream come true. 

This credit card is loaded with benefits and offers designed for the modern, wise traveler to enhance your travel experiences. It is the credit card where, whether you are interested in Point accumulation on the daily purchases, or specific travel benefits this card shall serve your purpose.

Main features of the CIBC Aeroplan Visa Infinite Card 

CIBC Aeroplan Visa Infinite Card is one of the financial cards been offered by the Canadian Imperial Bank of Commerce commonly referred to as CIBC which is a reputable organization in the banking sector. This card is suitable for anyone with at least $ 60,000 annual income or $ 100,000 for a household. 

It suits the client who aims to get the maximum utility out of the equivalent bucks spent to get Aeroplan points which can be used to travel by flight, for accommodation, and several other related expenses. The card comes with ancillary features that will help make your travel a little more convenient by offering discounts on baggage fees, hotel perks, and concierge services among others.

Understanding the annual fee 

There is an annual fee of $139 that comes with the CIBC Aeroplan Visa Infinite Card. Albeit, this might sound like a hefty some to many, the value that is retrieved in return is worth the price. This is applicable to primary cardholders who have a CIBC Smart Plus account since the fee is recovered on an annual basis, thus giving them a free hand with the card.

Deciphering credit limits

The credit limit on the CIBC Aeroplan Visa Infinite Card to depend on the income, credit score and credit rating of the cardholder. CIBC first analyzes your financial status and habits to grant you a credit limit that was likely to be desirable by you. This kind of getting a feel of a client’s situation assists in wealth management because it allows you to spend big while remaining financially sensible. 

Advantages of the CIBC Aeroplan Visa Infinite Card

• Earn Aeroplan Points: Pick up 1. You receive 5 points per $1 you spend in participating Shell Canadian gas, electric vehicle charging, groceries, and Air Canada. Receive 1X point for all other purchases.
• Exclusive Visa Infinite Offers: Free access to Great Restaurants, counseling touristic services and complimentary 24h concierge during your stay at a hotel.
• Save on Baggage Fees: Receive the first checked bag free if you are flying on Air Canada, for you and up to eight of your friends.

Standout advantage

The key strength for the CIBC Aeroplan Visa Infinite Card is that this credit card allows you to collect Aeroplan points at a higher than usual rate. With the Gas, Electric Vehicle Charging, Grocery Store, and Air Canada, for each dollar expended, you get 1. 5 points. This faster rate lets you gather points a lot more quickly than other credit cards.

Addressing potential drawbacks

• Annual Fee: The readers might be put off by the $139 annual fee.
• Income Requirement: There are prerequisites that include a minimum annual income of $60,000 for an individual or $100,000 for a household which would rule out certain applicants.
• High-Interest Rates: Relative to it, the purchase interest rate of the card is 20 The promotional interest rates are as follows: 100% while the overall recovery fee is at 18% and cash advance rate of 22. 99% (range 21. 99% for Quebec residents).

Standout disadvantage

The main weak point of CIBC Aeroplan Visa Infinite Card is the rather high annual fee, $139. However, this fee may be well worth it for the benefits that the card provides especially to frequent travellers but for the occasional traveller this could be steep. 

Eligibility criteria 

Before one can apply for the CIBC Aeroplan Visa Infinite Card, he or she has to meet some basic qualifications. To begin with, one has to earn a minimum of sixty thousand USD annually testing as an individual or one hundred thousand USD as a family. 

Also, it is necessary that the client is a Canadian citizen and he/she is over eighteen years old according to the legislation of the province or territory. A good credit history is also needed, since CIBC checks applicant’s credit history when applying for a scholarship.

How to apply for the CIBC Aeroplan Visa Infinite Card

The application process of the CIBC Aeroplan Visa Infinite Card only requires little of the client and takes a few steps maximum. If you have specific stylistic preferences, or you just do not like going online, but still, CIBC has a few ways to make a payment for a mortgage.

Taking as little as 60 seconds, the application process also guarantees a quick return on your application. Once you successfully find a good one, you will be on the right track to experiencing all the many travel benefits and privileges of being a card holder.

Via website

Applying for the card through the website is simple and fast as evident when filling for the CIBC Aeroplan Visa Infinite Card. All you need to do is to visit CIBC Canada, and then go to credit cards menu and choose the specific Aeroplan Visa Infinite Card. 

From there, you will be directed to complete an application form online and this will require information such as your personal information, employment information and income. The online form is quite easy to fill and the progressive flow of the application leads the users through the process. 

Through the mobile application

CIBC is convenient if you like to handle your finances on your mobile phone since you can apply through the CIBC mobile app. It wirelessly enables you to fill out the program from start to finish with your smartphone or tablet. 

This is in this fashion; one downloads the CIBC mobile app, logs in or signs up then get to the credit card application tab. It will just take you through the same processes that its website counterpart will, and make you fill all the requirements. 

Through the store/branch

For those who would like to deal with the bank directly, it is recommended that one applies for the card in any branch of CIBC. You can also contact a financial advisor at the CIBC branch close to you and he or she will help you fill the application form. 

Finally, when you are ready to apply for the card, the advisor will assist in completing the application form together with giving adequate information regarding the card and answering freely any questions you may have.