CIBC Aerogold Visa Infinite Card review April 2021 | Finder Canada

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CIBC Aerogold Visa Infinite Card review

Get comprehensive travel benefits and earn Aeroplan Miles faster when you spend money on your card.

Please note: All information about CIBC Aerogold Visa Infinite Card has been collected independently by Finder and this card is not available through this site.

No longer offered in the market

The CIBC Aerogold Visa Infinite Card 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 Infinite Card offers a full suite of travel benefits along with a decent return on Aeroplan Miles. Earn 1.5 Aeroplan Miles for every $1 you spend at gas stations, grocery stores, drug stores and aircanada.com, and 1 mile for every $1 spent elsewhere. This card also comes with a generous welcome bonus.

30-second take

  • Think about this card if you collect Aeroplan Miles and want exclusive travel perks.
  • Choose something else if you’re interested in a low interest card or no annual fee.
  • You’ll need to have an individual income of $60,000 or a household income of $100,000 to apply for this credit card.

The basics

Whether you’re a frequent flyer or you’re getting ready for your first trip overseas, the CIBC Aerogold Visa Infinite Card has a lot to offer in the way of travel perks and benefits.

  • Decent return. Earn 1.5 Aeroplan Miles for every $1 you spend at gas stations, grocery stores, drug stores and aircanada.com, and 1 mile for every $1 spent elsewhere.
  • Earn 2x the rewards. Get 2x the miles when you show your Aeroplan membership along with your credit card when shopping for over 150 partner brands.
  • Welcome offer. Earn up to 20,000 bonus Aeroplan Miles when you sign up for this card. You’ll receive 15,000 when you make your first purchase and receive 5,000 more once you spend at least $3,000 on your card in the first four months.
  • Travel medical insurance. Avoid paying for third-party travel medical insurance with full coverage on your card for the first 15 days of your trip.
  • Travel benefits. Protect yourself against losses with additional trip interruption and cancellation insurance as well as flight delay and baggage insurance.
  • Purchase assurance. Rest easy with 90 days of purchase protection and extended warranty coverage on eligible products you buy with your card.

The perks

  • Lounge access. Get an annual free pass to Air Canada’s Maple Leaf lounge.
  • Common carrier insurance. Insure your trip with up to $500,000 coverage when you travel by plane, ferry, train or bus.
  • Car rental insurance. Protect your rental car with free coverage for any expenses related to damage or collision.
  • Optional insurance. Pay an additional fee to get balance protection insurance in case you can no longer pay your bills due to an emergency.
  • Visa Infinite perks. Get 24-hour concierge service and exclusive offers on events, dining and experiences.
  • Fraud alerts. Avoid paying for fraudulent charges on your account with quick alerts about suspicious activity.
  • 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. It costs $120 per year to keep this card active. But you can receive an annual fee rebate if you have a CIBC Smart Plus Account.
  • Interest rates. Interest rates are 19.99% for outstanding balances and 22.99% for cash advances and balance transfers.
  • No cashback. You won’t be able to exchange your miles for cash in hand.
  • Fee for additional cards. Every additional card that you add to your account will cost $50
  • High minimum income. You’ll need to make at least $60,000per year to qualify for this card.

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 travel regularly or you want to collect more Aeroplan Miles for an upcoming trip, then the CIBC Aerogold Visa Infinite Card could be a suitable fit for you. This card comes with a generous welcome bonus and comprehensive travel insurance, but you’ll need to pay an annual fee to keep your account active.

Compare other credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
American Express Cobalt Card
45,000 points
Up to 5 points per $1 spent
19.99%
$120
Min. recommended credit score: 700
Earn up to 45,000 bonus Membership Rewards points in your first year as a new Cobalt Cardmember. Apply by May 5, 2021.
Tangerine World Mastercard
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
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 $2,000). Plus, get a rate of 1.99% on balance transfers with a 1% balance transfer fee for nine months.
BMO Preferred Rate Mastercard
Balance transfer offer
N/A
12.99%
$20
Min. recommended credit score: 660
Get a rate of 3.99% on balance transfers for 9 months with a 1% transfer fee. Plus, get the $20 annual fee waived in the first year.
Scotiabank Value Visa Card
Balance transfer offer
N/A
12.99%
$29
Min. recommended credit score: 650
Get a 0.99% introductory interest rate on balance transfers with a 0% transfer fee for the first 6 months. Apply by July 1, 2021.
SimplyCash Card from American Express
1.25% cash back
Up to 2.5% cash back
19.99%
$0
Min. recommended credit score: 700
Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back).
Choice Card from American Express
12,500 points
1 point per $1 spent
19.99%
$0
Min. recommended credit score: 700
Earn 12,500 Bonus Membership Rewards points within the first 3 months as a new Cardmember. Apply by May 5, 2021.
Tangerine Money-Back Credit Card
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
HSBC +Rewards™ Mastercard®
N/A
2x points per $1 spent
11.9%
$25
Min. recommended credit score: 680
Earn 2 Points for every $1 spent on eligible dining or entertainment purchases.
Refresh Financial Secured Card
N/A
N/A
17.99%
$12.95
Min. recommended credit score: Any score
Take advantage of a low annual fee, with no credit check and guaranteed approval once you secure your card with some funds.
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Compare up to 4 providers

Name Product Balance Transfer Rate Balance Transfer Fee Purchase Interest Rate Annual Fee Min. Credit Score Description
Tangerine World Mastercard
1.95% for the first 6 months (then 19.95%)
3%
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
BMO CashBack Mastercard
1.99% for the first 9 months (then 22.99%)
1%
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 $2,000). Plus, get a rate of 1.99% on balance transfers with a 1% balance transfer fee for nine months.
BMO Preferred Rate Mastercard
3.99% for the first 9 months (then 12.99%)
1%
12.99%
$20
Min. recommended credit score: 660
Get a rate of 3.99% on balance transfers for 9 months with a 1% transfer fee. Plus, get the $20 annual fee waived in the first year.
Scotiabank Value Visa Card
0.99% for the first 6 months (then 12.99%)
N/A
12.99%
$29
Min. recommended credit score: 650
Get a 0.99% introductory interest rate on balance transfers with a 0% transfer fee for the first 6 months. Apply by July 1, 2021.
Tangerine Money-Back Credit Card
1.95% for the first 6 months (then 19.95%)
3%
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
BMO Rewards Mastercard
1.99% for the first 9 months (then 22.99%)
1%
19.99%
$0
Min. recommended credit score: 725
Get a bonus of 10,000 BMO Rewards points when you spend $1,000 in the first 3 months. Apply by October 31, 2021 . Plus, get a rate of 1.99% on balance transfers for 9 months. A 1% fee applies to transferred balances.
BMO AIR MILES Mastercard
1.99% for the first 9 months (then 22.99%)
1%
19.99%
$0
Min. recommended credit score: 660
Get 800 AIR MILES Bonus Miles (enough for $80 towards purchases with AIR MILES Cash). Get a rate of 1.99% on balance transfers for 9 months. A 1% fee applies to transferred balances.
BMO AIR MILES Mastercard For Students
1.99% for the first 9 months (then 22.99%)
1%
19.99%
$0
Min. recommended credit score: 660
Get 800 AIR MILES Bonus Miles (enough for $80 towards purchases with AIR MILES Cash). Get a 1.99% introductory interest rate on balance transfers for 9 months. A 1% fee applies to balance amounts transferred.
BMO CashBack Mastercard For Students
1.99% for the first 9 months (then 22.99%)
1%
19.99%
$0
Min. recommended credit score: 660
Get up to 5% cash back in the first three months (up to max. spend of $2,000). Plus, get a rate of 1.99% on balance transfers for 9 months (with a 1% transfer fee).
Scotia Momentum Visa Card
2.99% for the first 6 months (then 22.99%)
N/A
19.99%
$39
Min. recommended credit score: 650
Earn 7.5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases). Plus, get a 2.99% introductory rate on balance transfers and a 0% balance transfer fee for the first 6 months. Apply by May 2, 2021.
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Compare up to 4 providers

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
American Express Cobalt Card
45,000 points
Up to 5 points per $1 spent
19.99%
$120
Min. recommended credit score: 700
Earn up to 45,000 bonus Membership Rewards points in your first year as a new Cobalt Cardmember. Apply by May 5, 2021.
Choice Card from American Express
12,500 points
1 point per $1 spent
19.99%
$0
Min. recommended credit score: 700
Earn 12,500 Bonus Membership Rewards points within the first 3 months as a new Cardmember. Apply by May 5, 2021.
HSBC +Rewards™ Mastercard®
N/A
2x points per $1 spent
11.9%
$25
Min. recommended credit score: 680
Earn 2 Points for every $1 spent on eligible dining or entertainment purchases.
BMO Rewards Mastercard
10,000 points
Up to 2 points per $1 spent
19.99%
$0
Min. recommended credit score: 725
Get a bonus of 10,000 BMO Rewards points when you spend $1,000 in the first 3 months. Apply by October 31, 2021 . Plus, get a rate of 1.99% on balance transfers for 9 months. A 1% fee applies to transferred balances.
BMO World Elite Mastercard
30,000 points
Up to 3 points per $1 spent
19.99%
$0 annual fee for the first year ($150 thereafter)
Min. recommended credit score: 760
Get up to 30,000 points and the $150 annual fee waived in the first year. Apply by October 31, 2021
Brim Mastercard
Up to $200 worth of bonuses
1 point per $1 spent
19.99%
$0
Min. recommended credit score: 700
Earn up to $200 worth of bonus points when you shop with Brim retailers for the first time through the Brim mobile app.
American Express Aeroplan Card
15,000 points
Up to 2x points per $1 spent
30% annual interest rate applies to balances not paid in full each month
$120
Min. recommended credit score: 700
Earn up to 15,000 Welcome Bonus Aeroplan points and a bonus Buddy Pass as a new cardmember.
BMO eclipse Visa Infinite
40,000 points
Up to 5 points per $1 spent
20.99%
$0 annual fee for the first year ($120 thereafter)
Min. recommended credit score: 760
Get up to 40,000 points and the $120 annual fee waived in the first year.
American Express Business Edge Card
57,000 points
Up to 3 points per $1 spent
19.99%
$99
Min. recommended credit score: 700
Earn up to 57,000 Membership Rewards points in your first year.
American Express AIR MILES Platinum Credit Card
2,000 Miles
Up to 1 Air Mile per $5 - $10 spent
20.99%
$120
Min. recommended credit score: 700
Earn a Welcome Bonus of 2,000 AIR MILES within the first three months. That’s enough to redeem for $200 towards your purchases with AIR MILES Cash.
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Compare up to 4 providers

Name Product Welcome Offer Cash Back Rate Purchase Interest Rate Annual Fee Min. Credit Score Reward Description
Tangerine World Mastercard
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
19.99%
$0
Min. recommended credit score: 660
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.
SimplyCash Card from American Express
1.25% cash back
Up to 2.5% cash back
19.99%
$0
Min. recommended credit score: 700
Earn 1.25% cash back on all eligible purchases.
Tangerine Money-Back Credit Card
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.
SimplyCash Preferred Card from American Express
10% cash back
2% cash back
19.99%
$99
Min. recommended credit score: 700
Earn 2% cash back on all eligible purchases
BMO CashBack World Elite Mastercard
Up to 10% cash back
1.5% cash back
19.99%
$0 annual fee for the first year ($120 thereafter)
Min. recommended credit score: 760
Earn 1.5% cash back on all eligible purchases.
Shell CashBack Mastercard from BMO
$50 in cash back + 1% cash back
Up to 1.5% cash back
19.99%
$0
Min. recommended credit score: 660
Get 1.5% cash back at participating Shell locations in Canada (up to a maximum spend of $2,500 in any monthly billing period), and get 0.5% cash back everywhere else.
BMO Cashback Business Mastercard
10% cash back
Up to 1.75% cash back
19.99%
$0
Min. recommended credit score: 650
Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases.
BMO CashBack Mastercard For Students
5% cash back
Up to 3% cash back
19.99%
$0
Min. recommended credit score: 660
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.
Shell CashBack World Mastercard from BMO
N/A
Up to 3% cash back
19.99%
$79
Min. recommended credit score: 760
Get 3% cash back per $1 spent at Shells stations, 1.25% cash back on all other spend.
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Compare up to 4 providers

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
Tangerine World Mastercard
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
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 $2,000). Plus, get a rate of 1.99% on balance transfers with a 1% balance transfer fee for nine months.
SimplyCash Card from American Express
1.25% cash back
Up to 2.5% cash back
19.99%
$0
Min. recommended credit score: 700
Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back).
Choice Card from American Express
12,500 points
1 point per $1 spent
19.99%
$0
Min. recommended credit score: 700
Earn 12,500 Bonus Membership Rewards points within the first 3 months as a new Cardmember. Apply by May 5, 2021.
Tangerine Money-Back Credit Card
Balance transfer offer
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 680
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
BMO Rewards Mastercard
10,000 points
Up to 2 points per $1 spent
19.99%
$0