travel3.9 / 5

CIBC Aeroplan Visa Business Card

CIBC

Best for

Small business owners who fly Air Canada and want Aeroplan points on business expenses.

Apply on CIBC

Annual fee

$180

FX fee

2.5%

Purchase APR

12.99%

Income req.

$35,000 personal

Recommended credit score

680+

Approval difficulty

Moderate approval

VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.

Our verdict

A well-rounded business travel card with a generous multi-stage bonus and surprisingly low interest rates; best suited to businesses with meaningful travel spend.

Reward rates

Air Canada (incl. Air Canada Vacations)	2x
Travel (airlines, hotels, car rentals, cruises, tour operators)	1.5x
Transportation (commuter transit, rail, ferries, taxis)	1.5x
Dining and services (shipping, internet, cable, phone)	1.5x
Everything else	1x

VaultNerd values these points at ~2¢ each.

Welcome bonus

~$1,680 value

Up to 75,000 Aeroplan points plus annual fee rebated for the first 2 years (CIBC values the offer at up to $2,500; first-year value shown includes $180 fee rebate)

Requirement: 10,000 points on first purchase; 25,000 points after $7,500 spend in first 3 statement periods; 40,000 points with $40,000 in net purchases in first 12 statement periods

Pros

Strong earn rates on business travel categories
Two-year annual fee rebate on the current offer
Unusually low interest rates for a rewards card

Cons

Full bonus needs $40,000 in first-year spend
No travel medical insurance included

Perks

Low business interest rates — purchases as low as 12.99%
Free first checked bag on Air Canada flights
2x Aeroplan points on Air Canada purchases
Earn points twice at Aeroplan partners and the Aeroplan eStore
Aeroplan 4th hotel night free on points redemptions

Insurance

Trip cancellation and trip interruption
Flight delay and baggage
Car rental collision and loss damage
Purchase security and extended protection
Common carrier accident

Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.

Written by

The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“CIBC Aeroplan Visa Business Card Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/cibc-aeroplan-visa-business, updated June 2026.

Sources

CIBC cardholder agreement and rates & fees disclosure
VaultNerd cards database