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CIBC Aerogold Visa Card for Business Promotion (expired)

CIBC is extending its promotion with its co-branded Aeroplan business credit card, the: CIBC Aerogold Visa Card for Business. Below are the highlights of the credit card:

  • $180 annual fee (first year fee waived if you apply before October 31, 2015)
  • $50 for supplementary cardholders (9 cards maximum)
  • Earn 20,000 sign up bonus points (if you apply before October 31, 2015)
  • Earn 1.5 Aeroplan mile for every $1 spent on gas, travel and at participating CIBC Bonus Rewards restaurants, hotels, inns and spas
  • Earn 1 Aeroplan mile for every $1 spent on all other purchases
  • Receive 1 complimentary Lounge Pass to an Air Canada Maple Leaf Lounge when travelling on an Aeroplan flight reward (on a flight operated by Air Canada, Air Canada rouge or Air Canada Express)
  • Priority check-in and priority boarding
  • Complimentary first checked bag on Air Canada flights

This is a very generous promotion offered by CIBC. This is definitely a no-brainer for business owners.

The $180 annual fee is generally fairly steep, especially considering that the non business version of this credit card is only $120 annual fee. Conversely, this business version of the credit card does not give any additional bonuses, so we would essentially be paying an extra $60 for nothing.

As a result, I suggest to take advantage of the sign up bonus, and then is strong consideration before renewing the credit card the following year.

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Pointshogger aims to provide analysis and updates on earning loyalty reward points and maximizing the value of your points. We hope to inspire our readers to experience the joy of travel and make the most out of what they've already got!

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