The CIBC Aeroplan Visa Platinum sits in the middle of CIBC’s Aeroplan credit card lineup—above the no-annual-fee Aeroplan Visa Card and below the premium Aeroplan Visa Infinite. It’s a practical choice for Canadians who want to earn Aeroplan points but don’t meet the income requirements for the Infinite tier.
Quick Verdict
Best for: Canadians who want to earn Aeroplan points on everyday spending without meeting the income threshold for a Visa Infinite card.
Not ideal for: High-volume travellers or those who qualify for the Visa Infinite—the Infinite’s stronger earn rates and fuller travel insurance typically justify its cost.
Key Card Details
| Feature | Details |
|---|---|
| Annual Fee | $139 CAD |
| Network | Visa (Platinum tier) |
| Rewards Program | Aeroplan |
| Income Requirement | No stated minimum |
| Purchase Interest Rate | 19.99% |
| Cash Advance Rate | 22.99% |
| Foreign Transaction Fee | 2.5% |
Note: Earn rates, welcome bonus, and benefits change periodically. Visit cibc.com for current details.
Welcome Bonus
CIBC periodically offers welcome bonuses on the Aeroplan Visa Platinum card. Check cibc.com for the current offer, which typically includes bonus Aeroplan points on qualifying spend within the first few months.
Earn Rates
The CIBC Aeroplan Visa Platinum earns Aeroplan points with higher earn rates on Air Canada purchases and standard rates on everyday spending. Visit cibc.com for current category earn rates.
Aeroplan Points Value
Aeroplan points can be redeemed for:
- Air Canada flights — typically 1.5–2 cents per point value on premium redemptions
- Partner airline flights — Star Alliance network
- Hotel and car rentals — lower redemption value
- Merchandise — generally lower value
Benefits and Perks
- Aeroplan points on everyday spending
- Travel accident insurance — coverage on eligible travel purchases
- Purchase protection — protection against theft and damage
- Extended warranty — doubles manufacturer’s warranty
- Emergency travel assistance
- CIBC Mobile Banking — manage your account on the go
Fees and Rates
| Fee | Amount |
|---|---|
| Annual Fee | $139 |
| Purchase Interest | 19.99% |
| Cash Advance | 22.99% |
| Foreign Transaction | 2.5% |
| Additional Cardholders | Verify at cibc.com |
CIBC Aeroplan Card Lineup Comparison
| Card | Annual Fee | Income Req. | Best For |
|---|---|---|---|
| CIBC Aeroplan Visa Card | $0 | None | No-fee Aeroplan earner |
| CIBC Aeroplan Visa Platinum | $139 | None stated | Mid-tier, lower income |
| CIBC Aeroplan Visa Infinite | $139 | $60,000 | Best earn rates, Infinite perks |
| CIBC Aeroplan Visa Infinite Privilege | $599 | $150,000 | Premium travel, lounge access |
Who Is This Card Best For?
- Aeroplan loyalists who don’t meet the Infinite income threshold
- Regular Air Canada flyers wanting to accelerate points earning
- Mid-tier spenders who want more than the no-fee Aeroplan card
Alternatives
| Card | Annual Fee | Rewards | Income Req. |
|---|---|---|---|
| CIBC Aeroplan Visa Infinite | $139 | Higher Aeroplan earn | $60,000 |
| TD Aeroplan Visa Platinum | $89 | Aeroplan | None stated |
| American Express Aeroplan Card | $0 | Aeroplan | None |
Bottom Line
The CIBC Aeroplan Visa Platinum is a reasonable middle-ground for Aeroplan collectors who don’t qualify for the Visa Infinite tier. However, if you’re eligible for the Infinite version, its stronger earn rates and better insurance package make it the smarter pick at the same $139 price point.
Disclaimer: Card terms, earn rates, fees, and benefits are subject to change. Verify all current details at cibc.com before applying.