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Performance test results

At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.

You can see our full testing methodology here to learn why we're the most trusted source for credit card reviews.

The {{card.name}} has earned a {{ranking}} DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).

The highest scoring categories for the {{card.name}} are {{score_1}} and {{score_2}}.

These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.

This weighting allows us to judge cards on their merits and the customers they are designed for.

For the {{card.name}} the most important factors for scoring this card are its {{score_1}} and {{score_2}}.

Rewards

With the {{card.name}}, here's the rates at which you earn rewards for different spending categories per dollar you spend:

Calculating your annual rewards

We estimate that spending {{monthlyspend}} per month with the {{card.name}} would earn {{card.rewards}} in rewards over the year.

Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.

We found that you'd earn this per category:

Our study investigating the value found that each dollar spent on the {{card.name}} is worth up to {{card.max_reward}}, depending on how you redeem.

This {{card.rewards}} in rewards value puts the {{card.name}} in the {{decile.annual_rewards}} of credit cards in Canada based on rewards earned.

The average credit card in our database earns {{averages.mean_annual_rewards}} in rewards for the same spend that the {{card.name}} earns {{card.rewards}} in rewards value.

We can compare this card to other options by looking at the earn rate by category.

This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.

For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.

In this example, that's a 10% earn rate on gas.

For an annual spend of {{annualspend}}, we estimated annual rewards value at up to {{total_net_rewards}}.

That's equivalent to a {{total_earn_rate}} return on spending.

The {{card.name}} has an annual fee of {{card.annualFee}}. After deducting this, we predicted net annual rewards of {{net_after_fee}}.

This puts it in the {{decile.net_annual_rewards}} of credit cards for net rewards after fees.

In comparison, the average card earns net annual rewards of {{averages.mean_net_annual_rewards}}.

Fees

The {{card.name}} has a {{card.annualFee}} annual fee.

The average card charges {{averages.mean_annual_fee}}. So, the {{card.name}} is in the {{decile.annual_fee}} of cards based on the cost of the annual fee.

Perks

We manually review the perks of each credit card to determine how they compare to other cards.

The {{card.name}} scored a {{factor_score_perks}} out of 5 for perks, putting it in the {{decile.factor_score_perks}} of cards.

The average card scores {{averages.mean_factor_score_perks}} out of 5 for perks.

Interest Rates

The average (median) credit card has a purchase interest rate of {{averages.median_purchase_interest_rate}} and so the {{card.name}} charges {{purchase_interest_diff}} than the average.

For cash advances it costs {{cash_advance_interest_rate}}% compared to the average of {{averages.mean_cash_advance_interest_rate}}.

Testing the {{card.name}} with a $2,000 starting balance, you can see in the graph how the {{purchase_interest_diff}} in interest rates impacts the interest over a year, compared to the average card.

Insurance coverage

We scored it {{factor_score_insurance}} out of 5 for insurance.

It offers {{insurance_count}} types of insurance, whereas the average card has {{averages.insurance_count}} types of coverage.

Approval and qualifying

We scored it {{factor_score_approval}} out of 5 for approval.

We predict that you will require a credit score of at least {{credit_score_low}} to qualify for the {{card.name}}, while the average card requires {{averages.mean_credit_score_low}} to qualify.

This puts it in the top {{decile.credit_score_low}} of cards by approval difficulty.

The personal income requirements are {{personal_income}}, while the average card requires {{averages.mean_personal_income}}.

This puts it in the {{decile.personal_income}} of cards by the income required to qualify.

The CIBC Aeroplan Visa Infinite Privilege Card is designed to reward cardholders with Aeroplan points, providing a strong choice for frequent travellers looking to capitalize on travel rewards. We will delve into its earning potential, key benefits and drawbacks, and other relevant information to help you decide if this credit card is the right fit for you.

Earning potential

The CIBC Aeroplan Visa Infinite Privilege Card earns Aeroplan points primarily on everyday purchases. The reward rates for different spending categories are as follows:

• 1.5 points for every $1 spent on gas, grocery, and drugstore purchases





• 1.25 points for every $1 spent on dining and food delivery purchases





• 1.25 points for every $1 spent on travel purchased through Air Canada





• 1 point for every $1 spent on all other purchases

Benefits

1. Travel Perks & Insurance: As a cardholder, you will receive numerous travel perks such as priority boarding, priority check-in, and access to Air Canada Maple Leaf lounges. Additionally, this card offers comprehensive travel insurance coverage including emergency medical, trip cancellation/interruption, flight delay, and baggage loss/delay insurance.





2. Welcome Bonus & Annual Fee Rebate: New cardholders can take advantage of a generous welcome bonus of up to 50,000 Aeroplan points after meeting the minimum spend requirement.
   
   Furthermore, enjoy a $200 annual statement credit for Air Canada travel purchases and a first-year annual fee rebate for both the primary and additional cardholders (a total savings of up to $599).





3. Global Airport Lounge Access The CIBC Aeroplan Visa Infinite Privilege Card provides complimentary Priority Pass membership, giving you access to over 1,300 airport lounges worldwide along with six complimentary lounge visits per year.





4. Concierge Service & Mobile Device Insurance This premium credit card comes with a dedicated concierge service to assist with travel arrangements, event bookings, and more. Additionally, cardholders receive mobile device insurance for up to $1,000 in case of loss or damage to their smartphones or tablets.

Drawbacks

1. High Annual Fee A significant drawback of this card is the high annual fee of $599, which may deter potential users. However, with the first-year fee rebate and valuable benefits offered, it could still be an attractive option for heavy spenders and frequent travellers.





2. Ideal for Frequent Travellers Another drawback is that this card targets frequent travellers, particularly those loyal to Air Canada. Those who do not travel often may not benefit fully from the rewards and perks that the card offers.

Additional information:

Cardholders enrolled in the CIBC Aeroplan Visa Infinite Privilege Card are also provided with purchase protection and extended warranty on eligible items. It is important to consider your personal spending habits and travel preferences before opting for this card, as its full potential can be unlocked with frequent usage and travel-related spending.

Is the CIBC Aeroplan Visa Infinite Privilege Card not convincing you? Consider the CIBC Classic Visa Card or the CIBC Aventura Visa Infinite Card (QC). Still not the right credit card? Make sure not to miss the CIBC Aeroplan Visa Infinite Card.

FAQ

Key benefits

• Annual interest rate of 19.99% on purchases and 22.99% on cash advances





• Earn 20,000 Aeroplan points upon first purchase





• Points can be redeemed for flights, hotels, car rentals, and merchandise





• Save on fuel with 3 cents per litre discount at participating Petro-Canada stations





• Free Travel Emergency Medical insurance and Trip Cancellation/Trip Interruption coverage





• Offers Mobile Device Insurance for smartphones and tablets





• 24-hour Visa Infinite Privileged Roadside Assistance service





• Visa payWave-enabled for contactless payments





• Exclusive dining and wine events through the Visa Infinite Privilege Dining Series program





• Dedicated security specialists for fraud monitoring and prevention





• Zero Liability protection for unauthorized transactions made on your card





• Easily replace lost or stolen cards and emergency cash disbursements