The CIBC Aeroplan Visa for Business is CIBC’s dedicated Aeroplan-earning business credit card — designed for small business owners and entrepreneurs who fly Air Canada and want to earn Aeroplan miles directly on all eligible business purchases. Like CIBC’s personal Aeroplan cards, miles post directly to your Aeroplan account without any bank currency transfer step, providing the cleanest path to Air Canada award flights from business spending.
Quick Verdict
Best for: Canadian business owners who fly Air Canada regularly and want to earn Aeroplan miles on business expenses — with Air Canada benefits (free checked bag, priority boarding) and employee card support for consolidated Aeroplan earning.
Not ideal for: Business owners who never fly Air Canada — a flexible cash back or general travel points card delivers more value without being locked into the Aeroplan ecosystem; businesses primarily using Costco (Visa is now accepted at Costco Canada — confirm current status).
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | ~$180 (verify at cibc.com) |
| Network | Visa |
| Rewards | Aeroplan Miles (direct) |
| Employee cards | Yes — verify fee at cibc.com |
| Free checked bag | Yes — Air Canada flights (verify conditions) |
| Priority boarding | Air Canada — verify conditions |
| eQM earning | Air Canada elite qualifying miles — verify |
| Welcome bonus | Verify current Aeroplan miles bonus at cibc.com |
Card terms, earn rates, and fees are subject to change. Verify all current details at cibc.com before applying.
Aeroplan Miles: What You Can Earn
| Category | Earn Rate |
|---|---|
| Air Canada purchases | Elevated — verify at cibc.com |
| Eligible business purchases | Verify at cibc.com |
| Employee card purchases | All post to primary account |
Air Canada Benefits for Business Travelers
| Benefit | Details |
|---|---|
| Free first checked bag | Primary cardholder on Air Canada flights (verify companions) |
| Priority boarding | Air Canada flights — verify eligibility tier |
| eQM earning | Accelerate Air Canada elite status |
| Aeroplan direct earn | No transfer step — miles post directly |
Aeroplan Miles Redemption Value
| Redemption Type | Approximate Value per Mile |
|---|---|
| Air Canada short-haul (within North America) | 1.5¢–2¢+ CAD |
| Air Canada Signature Reward (business class) | 2¢–3¢+ CAD |
| Star Alliance partner awards | 1.5¢–2¢ CAD |
| Merchandise / statement credit | <1¢ CAD — not recommended |
Aeroplan miles are most valuable when redeemed for Air Canada or Star Alliance flights — particularly business class, where points extend further than paying cash.
CIBC Aeroplan Business vs. TD Aeroplan Business
| Feature | CIBC Aeroplan Visa Business | TD Aeroplan Visa Business |
|---|---|---|
| Miles earned | Directly to Aeroplan | Directly to Aeroplan |
| Network | Visa | Visa |
| Annual fee | Verify at cibc.com | Verify at td.com |
| Free checked bag | Verify at cibc.com | Verify at td.com |
| Best if | Banking with CIBC | Banking with TD |
Business Travel Card Comparison
| Card | Annual Fee | Rewards | Airline Lock-In |
|---|---|---|---|
| CIBC Aeroplan Visa Business | ~$180 | Aeroplan direct | Air Canada/Star Alliance |
| TD Aeroplan Visa Business | Verify | Aeroplan direct | Air Canada/Star Alliance |
| Amex Business Platinum | $799 | MR → Aeroplan | Flexible |
| Amex Business Edge | $99 | MR → Aeroplan | Flexible |
| TD Business Travel Visa | $149 | TD Rewards | Flexible (Expedia) |
Who Is the CIBC Aeroplan Visa for Business Best For?
Ideal cardholders:
- Business owners who fly Air Canada regularly for work and want Aeroplan miles on all business expenses
- Those banking with CIBC who want all business banking and credit card within CIBC
- Business owners close to Air Canada elite status who want eQM on business card spending to reach or maintain elite tiers
- Businesses with employees who travel on Air Canada — consolidate all employee spending into one Aeroplan-earning account
Less suitable if:
- You fly WestJet exclusively — RBC WestJet World Elite Mastercard is the right business card
- Your business banking is with TD — the TD Aeroplan Visa for Business keeps banking integrated
- You want flexible points transferable to multiple airlines — Amex Business Platinum or Business Edge (MR → Aeroplan, Avios, etc.) is more versatile
Bottom Line
The CIBC Aeroplan Visa for Business is one of the best business credit cards for Canadian entrepreneurs who fly Air Canada — earning Aeroplan miles directly on all eligible business purchases with no transfer step, plus Air Canada perks (free checked bag, priority boarding) and employee card support. For CIBC business banking customers who travel for work, it is the natural premium business credit card.
Card terms, earn rates, annual fee, and benefits are subject to change. Verify all current details at cibc.com before applying.