The CIBC Aeroplan Visa Business card earns Aeroplan points and is available to sole proprietors and small business owners in Canada.
Learn how you can be approved for this business credit card as an individual.
Earning Rewards
The CIBC Aeroplan Visa Business credit card earns Aeroplan points (AP) for all purchases made on the card:
- 2 Aeroplan Points for every dollar spent on Air Canada and Air Canada Vacations purchases.
- 1.5 Aeroplan Points for every dollar spent on shipping, internet, cable, phone services, travel, and dining purchases.
- 1 Aeroplan Point for every dollar spent on all other purchases.
Redeeming Rewards
Aeroplan points can be redeemed for flights around the world on Air Canada and any of the Star Alliance partnership airlines.
Aeroplan points can also be redeemed for hotels, car rentals, and merchandise. The redemption value, or cent per point, is very poor for these types of redemptions and as a result, they should be avoided.
Learn everything you need to know about the Aeroplan loyalty program here.
Benefits
Upon spending $3,000 in the first 4 months, CIBC Aeroplan Visa Business cardholders will receive an Air Canada buddy pass. This buddy pass can be used when booking an economy cash-fare ticket for yourself and your companion. When making this booking, apply the buddy pass to only pay the taxes/fees on the companion ticket. The Air Canada buddy pass covers the cost of the base fare.
When flying on a flight operated by Air Canada, cardholders are eligible to receive their first checked bag for free. If there are additional guests travelling on the cardholder’s itinerary, they will also be eligible to receive their first checked bag free (for up to eight total guests).
Cardholders will earn 1,000 status qualifying miles (SQM) and 1 status qualifying segment (SQS) for every $5,000 spent on eligible purchases. Both the miles and the segments earned can help boost Aeroplan members to the next status level.
Aeroplan Visa Business cardholders are also eligible to enroll for 6 months free of Uber Eats Pass which entitles them to discounts and free delivery from certain restaurants. Cardholders must enroll by September 7th, 2022 to take advantage of this perk.
Cardholders will receive 1 Air Canada Maple Leaf Lounge guest pass for every $10,000 in spend on the card, up to four passes for $40,000 in spend within an anniversary year. For the average user, this is a benefit not worth pursuing due to the astronomically high spend requirement.
Insurance Coverage
The CIBC Aeroplan Visa Business credit card offers eight types of insurance coverage:
- Trip cancellation insurance
- Trip interruption insurance
- Rental car collision and loss damage coverage
- Common carrier accident insurance
- Lost or stolen baggage insurance
- Baggage and flight delay coverage
- Purchase security
- Extended protection coverage
Refer to the CIBC Aeroplan Visa Business insurance certificate for additional details, including terms and conditions for eligibility.
Other Aeroplan Cards You Might Consider
| Credit Card | Welcome Bonus | Net Value | ||
|---|---|---|---|---|
|
American Express Aeroplan Business Reserve | 90,000 Aeroplan | $1,291 | Apply |
|
CIBC Aeroplan Visa Business Plus | 30,000 Aeroplan | $630 | Apply |
|
TD Aeroplan Business | 30,000 Aeroplan | $630 | Apply |
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