CIBC Aeroplan Visa Infinite
Interchangeable with the TD Aeroplan Visa Infinite. Chase whichever has the better welcome offer or fee waiver this quarter.
- Annual fee
- $139Waived in year one
- Welcome offer
- ≈ $950
- First-year value
- ≈ $615after the fee
The offer: Up to 50,000 Aeroplan points (10,000 on first purchase + 15,000 on $6K/6 mo + 25,000 anniversary on $12K/12 mo), plus first-year fee waived
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
The case
What it does well, and what it costs you
Why it earns its score
- Free first checked bag on Air Canada
- Frequent first-year-free offers make it a cheap Aeroplan entry
- Preferred Aeroplan redemption pricing
Where it loses points
- Functionally a twin of the TD Aeroplan VI; differentiation is mostly which bank you already use
- The final 25,000 points require heavy spend and arrive after the first anniversary, when the $139 renewal fee is due
The details
Earn rates, fees and coverage
| Earn rate | Rate |
|---|---|
| Gas, EV charging, groceries, Air Canada, participating Hyatt hotels | 1.5x |
| Everything else | 1x |
- Annual fee
- $139Waived first year (current offer)
- Interest rates
- 21.99% purchases · 22.99% cash advances
- Included insurance
- Travel medical · Trip cancellation/interruption · Flight delay · Rental car coverage · Mobile device insurance
The score
How we scored it
Six weighted components, each rated 0–10. Rating × weight is what each one contributes; together they make a raw 6.95, published as 7.0.
See the evidence behind each rating
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value7.0/10
The published first-year net value maps directly to the executable anchor ladder.
- $615 first-year net value maps to a 7.0/10 baseline.
- Published first-year input: 7.0/10, matching the baseline.
- The largest structured year-one offer threshold is $6,000 of spend.
- The offer includes value that lands after year one and is excluded from first-year net value.
Ongoing value6.0/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- $139 annual fee.
- Fee condition: Waived first year (current offer)
- Published earn: 1.5x: Gas, EV charging, groceries, Air Canada, participating Hyatt hotels; 1x: Everything else.
- No cap is stated in the structured earn rows.
Flexibility6.0/10
This input judges how easily Aeroplan can become useful value without forcing one narrow redemption path.
- Reward currency: Aeroplan.
- Flexibility evidence: Preferred Aeroplan redemption pricing
Perk usability8.0/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- No airport lounge access.
- 5 published insurance benefits: Travel medical; Trip cancellation/interruption; Flight delay.
Low friction8.5/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- Visa acceptance; 2.5% foreign-transaction fee.
- Eligibility: $60,000 personal-income minimum; $100,000 household-income alternative.
- Practical constraint: Functionally a twin of the TD Aeroplan VI; differentiation is mostly which bank you already use
Strategic fit7.0/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: aeroplan.
- Fit case: CIBC clients who fly Air Canada and check bags: same case as the TD version, different bank.
- Main conflict: You bank elsewhere; pick the Aeroplan VI card from your own bank when offers are equal.
Offer history
Welcome-offer history
Unchanged since we started tracking it on Jul 12, 2026.
We log every change to this offer, so you can judge whether today’s is genuinely strong or just loudly advertised.
All recorded offers (1)
| Offer | Est. value | Recorded | Status |
|---|---|---|---|
| Up to 50,000 Aeroplan points (10,000 on first purchase + 15,000 on $6K/6 mo + 25,000 anniversary on $12K/12 mo), plus first-year fee waived | ≈ $950 | Jul 12, 2026 | Current |
Already have it?
Should you keep it?
Cancelling ends its protection from points expiry. Air Canada exempts primary cardholders of TD, CIBC and Amex Aeroplan cards from its 18-month inactivity rule, which comes back on November 30, 2026. Without the card, the balance needs a transaction every 18 months to survive. Check an account’s expiry date.
Run the renewal math on your own spending
The welcome offer only lands once, and the waived first-year fee bills for real at renewal, so the keep-or-cancel question is whether the $139 fee still pays for itself on earn alone. Enter your monthly spend to see the recurring math.
Count credits, certificates, bags or lounge visits only at what they replaced for you, not brochure value.
~$393/year in rewards at this spend − $139 fee + $0 personally used recurring benefits = $254/year ongoing
Recurring rewards and benefits clear the fee; keeping it is defensibleAt this spending mix, the card breaks even around $480/month on the card after your recurring benefit value. Below that, the fee stops earning its keep.
Estimates price your spend at the card’s published earn rates and our Points Standard Index valuations; structured category caps are applied. Benefits and retention offers enter the math only through your inputs above. Eligibility, downgrade paths, credit-score effects, tax consequences, and benefit-certificate restrictions are not assessed; confirm options with the issuer before changing the account.
The bottom line
Is it the right card for you?
Who it’s for
CIBC clients who fly Air Canada and check bags: same case as the TD version, different bank.
Who should skip it
You bank elsewhere; pick the Aeroplan VI card from your own bank when offers are equal.
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Source: issuer card page · Last reviewed Oct 4, 2026. Details change often: confirm current terms with the issuer before applying.
Was this review useful?
Alternatives