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CIBC Aventura VISA Promo - 30K Sign-Up Bonus
So CIBC had a new promo for 30K Sign-Up Bonus, but doesn't seems to have no 1st Year fee waived.
https://www.cibc.com/ca/features/ave...s-program.html It seems it is only applied to the VISA Aventura and not the Mastercard Aventura. Here is the section of the T&C that explain how to get the 30K Sign-Up bonus: Offer applies to the following newly approved credit card accounts: CIBC Aventura Gold Visa Card and CIBC Aventura Visa Infinite Card, (each an “"Eligible Card”"). You will receive a welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with an Eligible Card. Plus, if you open an Eligible Card between October 1, 2013 and December 31, 2013, you will be eligible to receive two additional bonuses: (i) you will receive an extra 10,000 Aventura Points if the first purchase made with your Eligible Card is posted to your account by January 31, 2014; and (ii) if an additional two or more purchases are posted to your Eligible Card account by January 31, 2014, you will receive an additional bonus of 5,000 Aventura Points. The following do not qualify as purchases: cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aventura Point redemptions. It may take up to several business days for purchases to be posted to your account. Bonus points will be awarded to the primary cardholder on the first monthly statement after the qualifying purchase(s) are posted to the account. Eligible Card account must be open and in good standing at the time the Aventura Points are awarded. Offer applies to newly approved Eligible Card accounts only; transfers from an existing CIBC credit card to an Eligible Card are excluded. Offer and bonus points are non-transferable. 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. Offer may be withdrawn or changed without notice at any time. |
Originally Posted by FrequentFlyerYYZ
(Post 21516328)
If you work in downtown Toronto, the launch party is on Oct 1st at noon in the courtyard of Commerce Court.
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If the fee is waived for the first year, it should be a hot deal.
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Originally Posted by alc
(Post 21534119)
It seems it is only applied to the VISA Aventura and not the Mastercard Aventura.
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Originally Posted by FrequentFlyerYYZ
(Post 21534502)
The website for the enhanced CIBC Aventura program is now live. Today's launch party in the CC courtyard is being set up now.
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Originally Posted by travel_geek
(Post 21534763)
The MC is no longer available.
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Originally Posted by Cana2013
(Post 21534738)
If the fee is waived for the first year, it should be a hot deal.
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Originally Posted by BMGfan
(Post 21534890)
I'm loving the new 30k signups we're seeing! :D
(Yes, availability may be limited. But still...) Sweet.... |
Originally Posted by FrequentFlyerYYZ
(Post 21534502)
The website for the enhanced CIBC Aventura program is now live. Today's launch party in the CC courtyard is being set up now.
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Originally Posted by BMGfan
(Post 21535199)
Doubt they're gonna waive the annual fee, they seem to be attempting to shore up cash reserves prior to the loss of the aerogold cards and their annual fee. Notice the double signup bonuses if you make your purchases before the end of Jan.?
i wonder if you can convert these to aeroplan... but definitely no annual fee waived makes it not interesting for me... |
Originally Posted by yerffej201
(Post 21537411)
i wonder if you can convert these to aeroplan...
New Aventura Terms and Conditions... https://www.cibc.com/ca/credit-cards/aventuraterms.html |
Originally Posted by yycworldtraveler
(Post 21537543)
You can not. I was told by customer service today that all CIBC Aventura Cards issued from today forward, can not convert to AE...and existing cardholders move to the new terms and conditions (i.e. no transfers to AE) effective January 1, 2014.
New Aventura Terms and Conditions... https://www.cibc.com/ca/credit-cards/aventuraterms.html The Primary Cardholder may convert Aventura Points to Aeroplan Miles at an exchange rate of 1 to 1, but only in increments of 10,000 Aventura Points. A conversion of Aventura Points to Aeroplan®2 Miles is considered to be a redemption of Aventura Points. By requesting a conversion, the Primary Cardholder authorizes CIBC and/or the Centre to disclose to Aeroplan the information necessary to facilitate the conversion. Your conversion request will not be processed immediately; the conversion may take several business days or longer. Therefore, when making your travel plans, you must allow sufficient time for the Centre to process the conversion as well as for Aeroplan to credit your Aeroplan account. CIBC and the Centre are not responsible for any failure or delay, including by Aeroplan in crediting your Aeroplan account. You cannot cancel a request to convert Aventura Points into Aeroplan miles nor may you convert Aeroplan miles into Aventura Points. |
Originally Posted by alc
(Post 21537581)
Can you explain where you got this info? As when I read the T&C from the link you had, item#23 state:
The Primary Cardholder may convert Aventura Points to Aeroplan Miles at an exchange rate of 1 to 1, but only in increments of 10,000 Aventura Points. A conversion of Aventura Points to Aeroplan®2 Miles is considered to be a redemption of Aventura Points. By requesting a conversion, the Primary Cardholder authorizes CIBC and/or the Centre to disclose to Aeroplan the information necessary to facilitate the conversion. Your conversion request will not be processed immediately; the conversion may take several business days or longer. Therefore, when making your travel plans, you must allow sufficient time for the Centre to process the conversion as well as for Aeroplan to credit your Aeroplan account. CIBC and the Centre are not responsible for any failure or delay, including by Aeroplan in crediting your Aeroplan account. You cannot cancel a request to convert Aventura Points into Aeroplan miles nor may you convert Aeroplan miles into Aventura Points. ADD: My link is from the Aventura website for existing cardholders. If you look at the terms & conditions on the main CIBC website pushing the new Aventura Card and 30K bonus, there is no mention of option to convert to Aeroplan at all which would seem to confirm the info given to me by customer service earlier today. |
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