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CIBC Aerogold Visa Card for Business Plus review

Get a generous welcome bonus and earn Aeroplan Miles faster when you make travel-related purchases for your business. 

No longer offered in the market

The CIBC Aerogold Visa Card for Business Plus 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 Aerogold Visa Card for Business Plus is a mid-level credit card designed for small business owners. You can earn 1.5 miles for every dollar you spend on airlines, hotels, car rentals, travel reservations and gas, as well as one mile on just about anything else. This card also comes with business tracking tools and a generous welcome bonus.

30-second take

  • Think about this card if you travel regularly for business and collect Aeroplan Miles.
  • Choose something else if you want low interest or don’t want to pay an annual fee.
  • There’s no minimum annual income required to apply but approval is based on the creditworthiness of your business.

The basics

If you travel regularly for your small business and want to earn more Aeroplan Miles for every dollar you spend, you might benefit from the CIBC Aerogold Visa Card for Business Plus.

  • High return. Earn 1.5 miles for every dollar you spend on travel-related purchases for your business.
  • Earn 2x the rewards. Show your Aeroplan membership to get double the points at over 150 partners.
  • Welcome bonus. Get a welcome bonus of 35,000 points when you sign up for this card, along with a $120 Air Canada eGift card.
  • Travel benefits. Rest easy with basic travel insurance for trip interruption and cancellation as well as flight delays and lost baggage.
  • Air Canada perks. Take advantage of special perks like priority boarding, free checked baggage and a complimentary annual pass to Air Canada’s Maple Leaf lounge.
  • Purchase assurance. Get 90 days coverage and extended warranty protection on eligible products you buy with your card.

The perks

  • Business features. Manage how much you spend on your business with Visa Payment Controls and track your expenses through customized Visa Business Reporting.
  • Common carrier insurance. Get covered for up to $500,000 when you travel on public or ticketed charters like flights, buses, trains and ferries.
  • Car rental insurance. Take advantage of coverage for theft and damage of your rental car when you pay for it on your card.
  • Security features. Relax knowing that you’ll be protected from fraud with special features like fraud alerts, encrypted chip-enabled cards and Visa Checkout services.
  • Flexible rewards. Redeem points for flights, hotels, gift cards, merchandise and more.
  • Many additional cards. You can get up to 15 additional cards on this account.

What to watch out for

  • Annual fee. You’ll need to pay $120.00 per year to keep your account active, however the first year will cost you $0.
  • High interest. Interest rates on outstanding balances sit around 19.99%.
  • No cashback. You can’t exchange miles for cash in hand.
  • No travel medical. There’s no coverage for travel medical when you travel out-of-province.
  • Fee for additional cards. You’ll be required to pay an extra $50.00 for every card you add to your account.

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

If you’re a small business owner and you want to earn big discounts on flights and other rewards, you might like to sign up for the CIBC Aerogold Visa Card for Business Plus. This card offers a generous welcome bonus along with a full suite of business perks and travel benefits.

Compare other business credit cards

1 - 11 of 11
Name Product Purchase Interest Rate Cash Advance Rate Annual Fee Minimum Income Welcome Offer
BMO Cashback Business Mastercard
19.99%
22.99%
$0
N/A
Get 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months.
American Express Aeroplan Business Reserve Card
16.99%
21.99%
$599
N/A
Earn up to 85,000 welcome bonus Aeroplan points. New cardholders can earn up to $2,700 or more in value within the first year.
American Express Business Edge Card
19.99%
21.99%
$99
N/A
Earn up to 57,000 Membership Rewards points in your first year. Earn 45,000 Welcome Bonus points when you charge $5,000 in purchases to your Card in your first three months, and earn 1,000 Membership Rewards points each month (a total of 12,000 annually) when you spend a minimum of $3,000 on eligible purchases.
BMO World Elite Business Mastercard
17.99%
22.99%
$0 annual fee for the first year ($149 thereafter)
N/A
Get up to 70,000 BMO reward points. Get 50,000 points when you spend $5,000 in the first three months and an additional 20,000 points when you spend $35,000 in the first twelve months. Plus, get the $149 fee waived for the first year.
BMO Air Miles No-Fee Business Mastercard
19.99%
22.99%
$0
N/A
Get 1,000 AIR MILES Bonus Miles (over $100 towards your purchases with AIR MILES Cash).
BMO AIR MILES World Elite Business Mastercard
19.99%
22.99%
$0 annual fee for the first year ($149 thereafter)
N/A
American Express AIR MILES for Business Card
N/A
N/A
$180
N/A
Earn a Welcome Bonus of 2,000 AIR MILES when you spend at least $5,000 on eligible purchases within the first three months
Business Platinum Card from American Express
19.99%
N/A
$499
N/A
Earn a Welcome Bonus of 80,000 Membership Rewards points when you spend $6,000 within the first 3 months. That’s $800 in statement credits that can be reinvested in your business.
Marriott Bonvoy Business American Express Card
19.99%
21.99%
$150
N/A
Earn 50,000 Welcome Bonus points after you charge $1,500 to your card in the first 3 months.
American Express Business Gold Rewards Card
19.99%
N/A
$199
N/A
Earn up to 110,000 Membership Rewards points. Earn a Welcome Bonus of 70,000 points after spending $5,000 in purchases within the first 3 months. Plus, earn 10,000 bonus points when you charge $20,000 in net purchases to your card each calendar quarter (that's a total of 40,000 points a year).
American Express AIR MILES Gold Business Card
19.99%
21.99%
$0
N/A
Earn a Welcome Bonus of 150 AIR MILES when you spend at least $1,000 in eligible purchases within the first three months
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Frequently asked questions about the CIBC Aerogold Visa Card for Business Plus

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