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CIBC Aero Platinum Visa Card for Students Review

Get student discounts and earn Aeroplan Miles faster when you spend money on your card. 

No longer offered in the market

The CIBC Aero Platinum Visa Card for Students is no longer available. However, we’ve kept the information online for those who are interested.

You can compare more CIBC credit cards here.

The CIBC Aero Platinum Visa Card for Students offers 1 Aeroplan Mile for every $1.50 you spend on your card along with the chance to double your rewards at over 150 Aeroplan partners. This card also comes with a free SPC membership, basic insurance and a generous welcome offer.

30-second take

  • Think about this card if you collect Aeroplan Miles and want to cash in on student discounts.
  • Choose something else if you want low interest rates or don’t want to pay an annual fee.
  • There are no minimum income requirements to qualify for this card.

The basics

If you’re an avid traveller and enjoy collecting Aeroplan Miles, you might like to check out the CIBC Aero Platinum Visa Card for Students.

  • Decent return. Earn 1 Aeroplan Mile for every $1.50 you spend on your card.
  • Earn 2x the rewards. Earn miles twice by showing your Aeroplan membership when you make purchases with over 150 partners.
  • Welcome offer. Get enough Aeroplan Miles to cover the cost of a gift card or another reward from Aeroplan’s online catalogue when you sign up.
  • Free SPC membership. Sign up for a free Student Price Card to get discounts with over 450 partner brands.
  • Purchase assurance. Protect the purchases you make with your card against loss, theft or damage.
  • Extended warranty. Extend your warranty by one year for all eligible purchases you make with your card.

The perks

  • Common carrier insurance. Rest easy when you travel with up to $100,000 of coverage for trips on planes, buses, ferries and trains.
  • Car rental insurance. Get complimentary collision and damage insurance when you pay for a car rental on your card.
  • Optional payment protection. Pay an extra fee to have your minimum payments covered if you get injured or lose your job.
  • Contactless payments. Make quick and easy payments with Apple Pay or Google Pay.
  • Fraud alerts. Avoid paying for fraudulent charges on your account with quick alerts about suspicious activity.
  • Free additional cards. Order up to three additional cards and assign spending limits on them at no extra cost.
  • Enhanced security. Make worry-free purchases with encrypted chip-enabled cards and Visa Checkout services for online payments.

What to watch out for

  • Annual fee. The fee on this card is $39.00 per year.
  • Interest rates. You’ll pay an industry standard 19.99% interest on your outstanding balances and 22.99% interest on cash advances and balance transfers.
  • No cashback. You won’t be able to exchange your points for cash in hand.
  • Limited benefits. This card doesn’t offer comprehensive travel medical insurance or other benefits like mobile phone insurance or roadside assistance.

What should I know before I apply?

How to apply

  1. Head to the CIBC website to begin your application.
  2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
  3. Review and submit your application.

Bottom line

The CIBC Aero Platinum Visa Card for Students might be a suitable option for you if you’re an Aeroplan member and you want to earn more miles on everyday purchases. This card comes with a welcome offer and travel benefits like car rental coverage and common carrier insurance in return for a low annual fee.

Compare other credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
RBC Cash Back Mastercard
N/A
Up to 2% cash back
19.99%
$0
Min. recommended credit score: 650
Get 2% cash back on grocery store purchases, and up to 1% cash back on all other qualifying purchases and pre-authorized payments.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
19.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 1.99% on balance transfers with a 1% balance transfer fee for nine months.
Scotiabank Passport Visa Infinite Card
35,000 points
Up to 2 points per $1 spent
19.99%
$139
Min. recommended credit score: 750
Earn up to 35,000 bonus Scene+ points in your first year (that’s up to $350 towards travel). Apply by July 4, 2022.
Tangerine World Mastercard
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn an extra 10% cash back (up to $100) on up to $1,000 of everyday purchases in the first 2 months Until May 31, 2022. Plus, get a 1.95% interest rate on balance transfers for the first 6 months (valid within the first 30 days of account opening, 1% transfer fee applies).
Simplii Financial Cash Back Visa Card
10% cash back
Up to 4% cash back
9.99% intro APR for the first 6 months, 19.99% thereafter
$0
Min. recommended credit score: 650
Get 10% bonus cash back at eligible restaurants and bars for the first 4 months (up to $500 spend). Plus, get a 9.99% introductory annual interest rate on purchases for the first 6 months.
RBC Avion Visa Infinite
55,000 points
Up to 1 point per $1 spent
19.99%
$120
Min. recommended credit score: 650
Get up to 55,000 Welcome Points. Get 35,000 points on approval and 20,000 bonus points when you spend $5,000 in your first 6 months. Apply by September 16, 2022.
Scotiabank SCENE Visa Card
5,000 points
Up to 5 points per $1 spent
19.99%
$0
Min. recommended credit score: 660
Earn 5,000 bonus Scene+ points when you spend a minimum of $750 on eligible purchases in the first three months as a new SCENE Visa cardholder. Apply by August 31, 2022.
OFFER
Tangerine Money-Back Credit Card
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn an extra 10% cash back (up to $100) on up to $1,000 of everyday purchases in the first 2 months Until May 31, 2022. Plus, get a 1.95% interest rate on balance transfers for the first 6 months (valid within the first 30 days of account opening, 1% transfer fee applies).
EXCLUSIVE
Neo Financial Mastercard
Get $25.00
Average 5% cash back
19.99% - 24.99%
$0
Min. recommended credit score: 600
Get $25 when you sign up for the Neo Financial Mastercard. Plus, earn bonuses like 15% cashback on your first purchase at most partners, and earn an average of 5% cashback at thousands of partners and at least 1% cashback guaranteed.
RBC Rewards+ Visa
3,500
Up to 2 points per $1 spent
19.99%
$0
Min. recommended credit score: 650
Earn up to 3,500 RBC Rewards points by going digital in the first 60 days.
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