Overall rating
First year value
$569
Get this card if you:
- frequently travel with Air Canada and collect Aeroplan points
- want travel perk like complimentary first checked bag
- value a generous welcome offer
Scores by category
Groceries 3.6
Rewards 3.5
Gas 3.3
Travel 3.1
Welcome Bonus 2.9
Highlights
$569
First year value
up to 10K pts
Welcome bonus
Interest Rates
20.99%
Purchase APR
non-Quebec residentsâ€
22.99%
Balance transfer APR
22.99%
Cash advance APR
Eligibility
Fair
Recommended credit score
$15,000
Required annual household income
Quick overview
The CIBC Aeroplan® Visa* Card is like your first vehicle. It might not be the prettiest or the most feature-packed, but it’ll get you from point A to point B reliability. Sure, you won’t be bragging to your friends about it, but it’ll open up a new world to you (in the case of the card, travel points, and the benefits they come with), on the cheap. Very cheap, considering one of the benefits of this particular card is that it’s free. Yep, you read that right, a rewards card with $0 annual fee.
With it, you’ll earn 1 point for every dollar spent on gas, electric vehicle charging, groceries and with Air Canada directly, including Air Canada Vacations. You’ll also earn 1 point for every $1.50 you spend on all other purchases†. Which, of course, won’t line your proverbial pockets with bushels of points, but the welcome bonus might help make up for that.
The long and short of it with this card is that you’ll earn fewer points than with other cards – including some alternative CIBC Aeroplan cards, like the Visa Infinite and Visa Infinite Privilege – but its lack of yearly fees might be enough to sway you to choose this entry-level offering. Oh, and the fact that it only required a $15,000annual household income makes the CIBC Aeroplan card one of the more accessible travel card options in the market.
Who’s this card for?
This card allows you to get into the travel rewards world without having to shell out extra money each year to pay for a credit card fee. It’s a great way to dip your toe into the rewards world slowly, to check if it’s one you’re interested in spending more time in. The points accrual might be slow with this card, but that’s okay because you’re just feeling out whether or not travel rewards are for you. Think of it this way: It lets you try something new without too much of a commitment. Try it and, if it’s not for you, no worries. However, if you’re interested in a travel card that’s packed with perks, like comprehensive travel insurance and lounge access, you’ll have to look elsewhere.
CIBC Aeroplan Visa Card for Students
For those new to credit cards, the CIBC Aeroplan Visa Card for Students is an excellent choice to start earning travel rewards. With a competitive earn rate and a generous welcome bonus, accumulating Aeroplan points is made easy.
Pros and cons
Pros
-
Earn one Aeroplan point per dollar spent on gas, electric vehicle charging, groceries, and with Air Canada directly, including Air Canada Vacations
-
Earn twice the points at over 150 Aeroplan partners and over 170 online retailers through the Aeroplan eStore
-
No annual fee
Cons
-
You only earn one point for every $1.50 spent on everything else
-
No travel insurance
-
No lounge access
Welcome bonus
Get a total of up to 10,000 Aeroplan points (up to $200 in travel value†).
How to earn points
With CIBC Aeroplan credit cards, you earn points right off the bat with a welcome bonus. In this case, it’s a meager yet still appreciated welcome bonus points that will help kick-start that nest egg of virtual travel cash. After that, it’s all about taking advantage of the card’s top spending category. To do that, you’ll need to focus your spending on gas or electric charging, groceries, or directly with Air Canada (including Air Canada Vacations).
You can also encourage family members to contribute to the points accumulation by giving them a card tied to the account. If you want to earn even more points, you can transfer other rewards points to Aeroplan. Other points programs can be transferred to Aeroplan. They include; Marriot Bonvoy, Hilton Honors, Best Western Rewards, Choice Privileges, Coast Rewards, IHG One Rewards, Shangri-La Golden Circle Award and Wyndham Rewards. So, you can sign up for one or more of these reward programs, earn their respective points, and then transfer them to Aeroplan points.
Finally, you can even purchase Aeroplan points. They’re typically available at a cost of 3.5 cents each but sometimes go on sale for a discount.
How to redeem points
Redeeming points is fairly simple through Air Canada’s Aeroplan rewards centre, which can be used to redeem points for any of the CIBC Aeroplan credit cards. It’s a sleek little platform that houses everything you need to know about redeeming points – telling you what you can redeem your points for and how to do it. You can use points for Air Canada and partner airline flights, redeem them for extras and upgrades on flights, purchase hotels and car rentals, pay for a vacation package or experience and buy merchandise or gift cards.
There’s really something for everyone when it comes to redeeming points for rewards. Your points will likely go the furthest if you use them to book flights with Air Canada or its partner airlines. Check out how many points are required to fly within North America to give you a sense of how many you’ll need to book your dream vacation.
Interested in flying to farther-flung parts of the globe? Have a look at the Air Canada Aeroplan Flight Reward Chart to start your daydreaming and trip planning.
Key benefits
- Join and get up to $200 in value in your first year!†Earn 10,000 Aeroplan points!â€
- Earn 1 Aeroplan point on eligible gas, electric vehicle charging, groceries and with Air Canada directly, including through Air Canada Vacations®â€
- Earn 1 point for every $1.50 you spend on all other purchases.â€
- Flexible rewards that allow you to redeem for flights, vacations, hotels, car rentals, gift cards and more
- Points can also cover the cost of tax when redeeming
- $0 annual fee
Insurance coverage
- Common carrier accident: Covers accidental death or dismemberment resulting from riding on a common carrier, which includes land, air, or water transport
- Purchase security and extended protection: Offers 1 additional year of protection above the manufacturer’s original warranty
- Auto rental collision/loss damage: Covers theft, loss and damage up to the actual cash value of the rental vehicle, if the entire cost is charged to your card, for up to 48 consecutive days
Extra benefits
- Points never expire as the long as the primary account holder account is open
- Send money abroad to over 120 countries with no transfer fees
- Visa’s zero liability policy: You won’t be held responsible if someone steals your card, card number, or card details; and you won’t be held responsible for fraudulent purchases
- Fraud alerts: CIBC monitors fraud trends and activity and will flag suspicious purchases, putting them on hold and contacting you to confirm the purchase is legit
- Book rewards for less: Primary cardholders can sometimes book flight rewards for fewer points
- Get a fourth night free when you book 3 hotel nights with Aeroplan points
What people have to say about this card
It seems CIBC will sometimes give bonus points during certain promotional periods, according to this one RedFlagDeals CIBC Aeroplan Visa thread. One user noted CIBC was offering seven times the Aeroplan points on eligible travel purchases to a certain maximum. For CIBC Aeroplan Visa cardholders, that meant the ability to earn additional points on travel.
One user, in a CIBC Aeroplan Visa reddit thread about switching from Aventura to Aeroplan through CIBC (the bank offers both loyalty programs), shared frustrations that the welcome points weren’t offered to those transferring from one rewards program to the other. As another helpful user pointed out, a workaround would be to apply for the Aeroplan card as a new customer. In that case, the customer would qualify for the bonus points and would then be able to close their Aventura card, if they so choose.
How the card compares
up to $1,300
Welcome Bonus
$436
First Year Value
$0
Annual Value
Welcome Bonus: Earn up to $1,300 in value†including up to 40,000 Aeroplan points†and no Annual Fee for the first year†. Conditions Apply.
Get this card if you...
Annual Fee & Annual Interest Rates
$139
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
The TD® Aeroplan® Visa Infinite* Card is a travel rewards credit card designed for frequent Air Canada travelers, offering elevated Aeroplan points on eligible gas, grocery, travel, and dining purchases. Cardholders benefit from perks such as a NEXUS application fee rebate, a complimentary first checked bag for the primary cardholder and up to eight companions on Air Canada flights, and access to select airport lounges; however, the card carries an annual fee and requires a minimum personal or household income for eligibility.
TD® Aeroplan® Visa Infinite* Card ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
-
Pros
Cons
-
-
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$139
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
-
Rewards Aeroplan
1.5 pointsâ€
for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®)
1 pointâ€
Earn 1 point for every $1 you spend on all other purchases
2x
Earn points twice with Aeroplan partner brands and on the Aeroplan eStore.
50%
Earn 50% more Aeroplan points at Starbucks when you link your card to your account. Conditions apply.
1
partial NEXUS application fee rebate every 48 monthsâ€
1st
checked bag free for you and up to 8 travel companionsâ€
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
-
Earn up to $1,300 in value†, including up to 40,000 Aeroplan points†, no annual fee for the first year†and additional travel benefits. Conditions Apply. Offer effective as of January 7, 2025.
Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Cardâ€
Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of Account openingâ€
Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of Account openingâ€
Enroll for NEXUS and once every 48 months get a partial application fee rebateâ€
Plus, share free first checked bags with up to 8 travel companionsâ€
Get an annual fee rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
Starbucks Bonus Offer for New Linked Members†: Link your TD Aeroplan Visa Infinite to earn 600 Starbucks Stars and redeem them for free Starbucks treats. Limited time only. Conditions and restrictions apply.
Our Take
The TD® Aeroplan® Visa Infinite* Card is a travel rewards credit card designed for frequent Air Canada travelers, offering elevated Aeroplan points on eligible gas, grocery, travel, and dining purchases. Cardholders benefit from perks such as a NEXUS application fee rebate, a complimentary first checked bag for the primary cardholder and up to eight companions on Air Canada flights, and access to select airport lounges; however, the card carries an annual fee and requires a minimum personal or household income for eligibility.
TD® Aeroplan® Visa Infinite* Card ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
Cons
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$139
Annual Fee
$2.5
Foreign Transaction
3.00%
Balance Transfer
Rewards Aeroplan
1.5 pointsâ€
for every $1 spent on eligible gas, grocery and direct through Air Canada® purchases (including Air Canada Vacations®)
1 pointâ€
Earn 1 point for every $1 you spend on all other purchases
2x
Earn points twice with Aeroplan partner brands and on the Aeroplan eStore.
50%
Earn 50% more Aeroplan points at Starbucks when you link your card to your account. Conditions apply.
1
partial NEXUS application fee rebate every 48 monthsâ€
1st
checked bag free for you and up to 8 travel companionsâ€
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$2,500
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $1,300 in value†, including up to 40,000 Aeroplan points†, no annual fee for the first year†and additional travel benefits. Conditions Apply. Offer effective as of January 7, 2025.
Earn a welcome bonus of 10,000 Aeroplan points when you make your first Purchase with your new Cardâ€
Earn 15,000 Aeroplan points when you spend $7,500 within 180 days of Account openingâ€
Plus, earn a one-time anniversary bonus of 15,000 Aeroplan points when you spend $12,000 within 12 months of Account openingâ€
Enroll for NEXUS and once every 48 months get a partial application fee rebateâ€
Plus, share free first checked bags with up to 8 travel companionsâ€
Get an annual fee rebate for the first year†.
To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect.
Starbucks Bonus Offer for New Linked Members†: Link your TD Aeroplan Visa Infinite to earn 600 Starbucks Stars and redeem them for free Starbucks treats. Limited time only. Conditions and restrictions apply.
CIBC Aeroplan® Visa* Card Vs. TD® Aeroplan® Visa Infinite* Card
Think of the TD® Aeroplan® Visa Infinite* Card as the big brother (okay, maybe older cousin) of the CIBC Aeroplan® Visa* Card. They’re related but have different parents (banks). The TD Aeroplan Visa Infinite does everything the CIBC Aeroplan Visa does, but with a little more style. The TD card comes with more welcome points (40,000†vs. 10,000), and earns points faster. Conditions Apply. Account must be approved by January 6, 2025.
The CIBC card earns one point for every dollar spent on gas, groceries, electric vehicle charging, and through Air Canada. The TD card, meanwhile, earns 1.5 points†for every dollar spent in those categories (except electric vehicle charging). TD also lets you earn 1 point†for every dollar spent on everything else while CIBC offers one point for every $1.50 spent. Additionally, the TD card offers savings on baggage fees, robust travel insurance and rental car savings.
Both cards have the same interest rates, but the TD® Aeroplan® Visa Infinite* Card will cost you $139 per year (get an annual fee rebate for the first year†) and $75†per additional card. To receive the first-year annual fee rebate, you must activate your Card and make your first Purchase on the Account within the first 3 months after Account opening and you must add your Additional Cardholders while this offer is in effect. In contrast, the CIBC Aeroplan Visa Card has no yearly fee and free additional cards.
10% back
Welcome Bonus
$620
First Year Value
$420
Annual Value
Get this card if you...
Annual Fee & Annual Interest Rates
$120
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
The Scotiabank Momentum® Visa Infinite* Card is a cash back credit card offering elevated earn rates on purchases in categories such as groceries, recurring bill payments, gas, and daily transit. Cardholders benefit from a competitive welcome bonus, comprehensive insurance coverage, and the potential to have the annual fee waived by bundling the card with certain Scotiabank chequing accounts.
Scotiabank Momentum® Visa Infinite* ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
-
Pros
Cons
-
-
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
-
Rewards cash back
4%
For every $1 you spend on grocery store purchases, recurring bill payments and subscription purchases
2%
For every $1 you spend on gas and daily transit purchases
1%
Cash back on all other purchases with no cash back limit
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
-
To qualify for these offers make sure to open a new Scotiabank Momentum® Visa Infinite* credit card account by October 31, 2025.
To earn 10% cash back, make sure to use your new card to make everyday eligible purchases and earn 10% cash back on the first $2,000 you spend in your first 3 months from account opening.
Once you qualify, we’ll credit your account in 2 instalments:
Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within approximately 7 months from the account open date; and
Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program (i.e., November).
Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for these offers.
See terms and conditions for full details.
Our Take
The Scotiabank Momentum® Visa Infinite* Card is a cash back credit card offering elevated earn rates on purchases in categories such as groceries, recurring bill payments, gas, and daily transit. Cardholders benefit from a competitive welcome bonus, comprehensive insurance coverage, and the potential to have the annual fee waived by bundling the card with certain Scotiabank chequing accounts.
Scotiabank Momentum® Visa Infinite* ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
Cons
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$120
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
Rewards cash back
4%
For every $1 you spend on grocery store purchases, recurring bill payments and subscription purchases
2%
For every $1 you spend on gas and daily transit purchases
1%
Cash back on all other purchases with no cash back limit
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
To qualify for these offers make sure to open a new Scotiabank Momentum® Visa Infinite* credit card account by October 31, 2025.
To earn 10% cash back, make sure to use your new card to make everyday eligible purchases and earn 10% cash back on the first $2,000 you spend in your first 3 months from account opening.
Once you qualify, we’ll credit your account in 2 instalments:
Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within approximately 7 months from the account open date; and
Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program (i.e., November).
Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for these offers.
See terms and conditions for full details.
CIBC Aeroplan Visa Vs. Scotiabank Momentum Visa infinite
If you’re considering the CIBC Aeroplan Visa and Scotiabank Momentum Visa Infinite, think about the type of rewards you’d like to earn. CIBC’s offering will earn you Aeroplan points while the Scotiabank Momentum earns you straight cash back. That right there could be the determining factor.
The Momentum card is also a more premium offering, packing many more features. It comes with travel and mobile device insurance and a much richer point plan, earning users 4% cash back on groceries and recurring payments, 2% on gas and daily transit, and 1% on everything back. That’s superior to CIBC’s breakdown of 1 point for every dollar spent on gas, electric vehicle charging, groceries, and with Air Canada directly, including Air Canada Vacations and 1 point for every $1.50 spent on everything else.
Conditions Apply. Visit here for the Scotiabank Momentum® Visa Infinite* Card to learn more.
up to 90K pts
Welcome Bonus
$671.6
First Year Value
$0
Annual Value
Welcome Bonus: Get up to 90,000 points and the annual fee waived on your first anniversary for both the primary cardholder and authorized users.*
Get this card if you...
Annual Fee & Annual Interest Rates
$150
Annual Fee
20.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
-
Our Take
The BMO Ascend™ World Elite®* Mastercard®* is a premium travel rewards credit card with elevated earn rates on eligible travel, dining, entertainment, and recurring bill payments. Cardholders benefit from complimentary lounge membership, which includes complimentary passes, as well as comprehensive travel insurance coverage, making it a suitable option for frequent travelers seeking both rewards and travel-related perks.
BMO Ascend World Elite®* Mastercard®* ReviewEligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
-
Pros
Cons
-
-
Annual Interest Rates
20.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$150
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
-
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on eligible travel purchases*
3x
Earn 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments*
1x
Earn 1 point for every $1 spent everywhere else*
4
Complimentary membership in Mastercard Travel Pass provided by DragonPass, with 4 annual complimentary passes
Insurance Benefits
$5,000,000
Emergency medical insurance amount
$0
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
-
Get up to 90,000 points and the annual fee waived in the first year for both the primary cardholder and authorized users.
45,000 points when you spend $4,500 in the first 3 months, and 3,750 points for each subsequent month in which you make at least $2,500 in purchases on your card, for 12 months.
Offer expires June 1, 2025.
Our Take
The BMO Ascend™ World Elite®* Mastercard®* is a premium travel rewards credit card with elevated earn rates on eligible travel, dining, entertainment, and recurring bill payments. Cardholders benefit from complimentary lounge membership, which includes complimentary passes, as well as comprehensive travel insurance coverage, making it a suitable option for frequent travelers seeking both rewards and travel-related perks.
BMO Ascend World Elite®* Mastercard®* ReviewEligibility
Excellent (740+)
Recommended Credit Score
$80,000
Required Annual Personal Income
$150,000
Required Annual Household Income
Pros
Cons
Annual Interest Rates
20.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$150
Annual Fee
$2.5
Foreign Transaction
$29
Over The Limit Penalty
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on eligible travel purchases*
3x
Earn 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments*
1x
Earn 1 point for every $1 spent everywhere else*
4
Complimentary membership in Mastercard Travel Pass provided by DragonPass, with 4 annual complimentary passes
Insurance Benefits
$5,000,000
Emergency medical insurance amount
$0
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Get up to 90,000 points and the annual fee waived in the first year for both the primary cardholder and authorized users.
45,000 points when you spend $4,500 in the first 3 months, and 3,750 points for each subsequent month in which you make at least $2,500 in purchases on your card, for 12 months.
Offer expires June 1, 2025.
CIBC Aeroplan Visa Vs. BMO Ascend World Elite®* Mastercard®*
The BMO Ascend World Elite®* Mastercard®* packs a lot into this $150 per year card: Earn 5 points for every travel dollar spent, 3 points for every dining, entertainment and recurring bill dollar, and 1 point for every dollar spent on anything else. It’s worth noting that you’ll need an income of $80,000 individually or $150,000 household to qualify for the World Elite card.
*Terms and conditions apply. BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
up to $1,300* value
Welcome Bonus
$926
First Year Value
$0
Annual Value
Welcome Bonus: Earn up to $1,300* in value in the first 12 months, including up to 40,000 bonus Scene+ points*
Get this card if you...
Annual Fee & Annual Interest Rates
$150
Annual Fee
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
The Scotiabank Passport® Visa Infinite* Card is a travel rewards credit card offering elevated Scene+ points on eligible grocery store purchases, dining, entertainment, and daily transit, with a standard earn rate on all other purchases. Cardholders benefit from no foreign transaction fees, six complimentary airport lounge visits per year through the Visa Airport Companion Program, and comprehensive travel insurance.
Scotiabank Passport® Visa Infinite* Card ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
-
Pros
Cons
-
-
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$150
Annual Fee
$0
Foreign Transaction
5.00%
Balance Transfer
$5
Cash Advance
-
Rewards Scene+
3x
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland and participating Co-ops and more
2x
Scene+ points¹ for every $1 you spend on other eligible grocery stores, dining, eligible entertainment purchases and eligible daily transit options (including ride shares, buses, subways, taxis and more)
4x
Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
1x
Scene+ point for every $1 spent on all other eligible everyday purchases
Insurance Benefits
$2,000,000
Emergency medical insurance amount
$3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
-
Earn up to $1,300 in value in the first 12 months, including up to 40,000 bonus Scene+ points*.
$300 in travel rewards (30,000 bonus Scene+ points) for new Scotiabank Passport Visa Infinite Card clients who spend $2,000 within the first 3 months;
$100 in travel rewards (10,000 bonus Scene+ points) when you spend $40,000 annually on your Account each year (12-months);
$50 supplementary card annual fee waiver on the first supplementary card for new Scotiabank Passport Visa Infinite Card clients;
$137 in foreign transaction fee savings based on average first year annual foreign spend per account (save the 2.5% foreign transaction fee markup typically charged by othercard issuers);
$399 in first year point earn potential (30,000 Scene+ points) on everyday purchases based on average annual spend per account with an average spend of 20% in 2X accelerator categories;
$359 value with a complimentary Visa Airport Companion Program Membership that includes 6 lounge passes (based on ‘Preferential’ membership valued at approx. CAD$359/USD$259). Currency conversion as at October 25, 2024.
Potential First Year Value = up to $1,345
Our Take
The Scotiabank Passport® Visa Infinite* Card is a travel rewards credit card offering elevated Scene+ points on eligible grocery store purchases, dining, entertainment, and daily transit, with a standard earn rate on all other purchases. Cardholders benefit from no foreign transaction fees, six complimentary airport lounge visits per year through the Visa Airport Companion Program, and comprehensive travel insurance.
Scotiabank Passport® Visa Infinite* Card ReviewEligibility
Excellent (740+)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
Cons
Annual Interest Rates
20.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
Fees
$150
Annual Fee
$0
Foreign Transaction
5.00%
Balance Transfer
$5
Cash Advance
Rewards Scene+
3x
Scene+ points¹ on every $1 you spend at Sobeys, Safeway, IGA, Foodland and participating Co-ops and more
2x
Scene+ points¹ for every $1 you spend on other eligible grocery stores, dining, eligible entertainment purchases and eligible daily transit options (including ride shares, buses, subways, taxis and more)
4x
Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
1x
Scene+ point for every $1 spent on all other eligible everyday purchases
Insurance Benefits
$2,000,000
Emergency medical insurance amount
$3
Emergency medical insurance over 65 days
$500,000
Travel accident insurance amount
$1,000
Hotel burglary insurance
$65,000
Rental car insurance amount
Earn up to $1,300 in value in the first 12 months, including up to 40,000 bonus Scene+ points*.
Potential First Year Value = up to $1,345 |
CIBC Aeroplan® Visa* Card Vs. Scotiabank Passport® Visa Infinite* CardÂ
The Scotiabank Passport® Visa Infinite* Card turned heads when it was first released as a travel card packed to the brim with features. We’re talking lounge access with 6 free passes a year, $0 foreign transaction fees and travel insurance. It’s also a great way to rack up the points, offering 3 points for shopping at certain grocery stores (like Sobeys, Safeway, IGA and Foodland), 2 points when eating out, on entertainment and on transit.
Rates, fees and other information are effective as of January 3, 2025. Subject to change.
Conditions Apply. Visit here for the Scotiabank Passport® Visa Infinite* Card to learn more.
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
Is the CIBC Aeroplan® Visa* Card worth it?
While it may not be the most impressive travel card, the CIBC Aeroplan Visa Infinite is a great option for those who want to earn Aeroplan points while not having to pay an annual fee. Its interest rates are high, so you might want to avoid it if you typically carry a balance. Overall, it’s a great choice as a first credit card for those looking to build credit history while also earning rewards.
FAQs
†Terms and Conditions Apply. This offer it not available to the residents of Quebec.
The information for the CIBC Aeroplan® Visa* Card has been collected independently by Money.ca. The card details on this page have not been reviewed or provided by the card issuer.
Justin is a writer and editor who has been covering personal finance for over 10 years. He's written for companies such as KOHO, Ratehub, BMO, Zoocasa, and Questrade, among others. Justin also created a course in Content Creation, which he taught at York University for four years. When not writing, Justin can be found at a live concert, on the golf course, riding a motorcycle, or sailing.
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†Terms and Conditions apply.