What the Card Offers
CIBC markets the Aeroplan Visa Business Card for business travel: Aeroplan points on Air Canada, travel, dining, phone and internet, a free first checked bag for up to 9 travellers, Maple Leaf Lounge passes as you spend, and Status Qualifying Credits toward Aeroplan Elite Status.
- 2x
Points on Air Canada1
2 Aeroplan points per $1 directly with Air Canada and Air Canada Vacations, and at participating Hyatt hotels.
- 1.5x
Points on travel, dining and phone bills2
1.5 points per $1 on travel, transportation, dining, shipping, internet, cable and phone, on the first $80,000 of card purchases a year.
- Free bag
First checked bag on Air Canada3
A free first checked bag for you, your authorized users and up to 8 companions on the same Air Canada reservation.
Show 3 more benefitsShow fewer
- 75,000
Welcome points4
Up to 75,000 Aeroplan points in your first year, plus annual fee rebates for 2 years; the last 40,000 need $40,000 in purchases.
- 4 passes
Maple Leaf Lounge guest passes5
1 Maple Leaf Lounge pass for every $10,000 in purchases in an account year, up to 4, for lounges in Canada and the U.S.
- $5,000
Trip cancellation and interruption6
Up to $1,000 per person ($5,000 per trip) for cancellation and $2,000 per person for interruption, when the trip is charged to the card or paid with points.
Benefits as advertised by the issuer. The conditions attached to them are in the Fine Print Report below.
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
Sources (6)
- CIBC Aeroplan Visa Business Card product page, footnotes 3 and 4 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Card product page, footnote 3 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Card product page, footnote 7 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Card product page, footnote † (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Card product page, footnote 8 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Card Insurance Certificate (Amended and Restated July 1, 2025)
Points & Redemption
Rates: TD Aeroplan Visa product pages (retrieved 2026-10-13), redemption section and welcome-offer value footnote; Aeroplan Terms and Conditions for TD Credit Cards 599192 (04/25), section 3.1; CIBC Aeroplan Visa Infinite product page, welcome offer and footnote "aeroplan-redeem" (retrieved 2026-10-18). The CardTruth estimate is our own valuation, not a rate stated in the terms. The program states no fixed cash value, so what a point is worth depends on how you redeem it. Ranges marked est. are CardTruth estimates, from a conservative redemption to a typical one.
Where It Earns
Among the 55 stores and brands in CardTruth's merchant lookup:
- ≈4%2x points
- ≈4%2x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
Show all 22 storesShow fewer
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
- ≈3%1.5x points
Where it doesn't earn more (10)Hide
Online only: Amazon.ca, Costco, Crave, Disney+, Netflix, SkipTheDishes, Spotify, Uber (rides), Uber Eats take Visa online but not in store.
Not accepted: Costco Gas don't take Visa.
The Fine Print Report
Moderate fine print. The bonus rates share one annual spending limit, and the grace period and liability terms are stricter than on CIBC's personal cards.
Fee rises to $200 on Jan 12, 2027Impact level: Medium
The annual fee rises to $200 and authorized users to $55 from January 12, 2027
CIBC has announced that the primary cardholder's annual fee goes from $180 to $200, and each authorized user's from $50 to $55, the next time your fee is charged on or after January 12, 2027. New Air Canada benefits arrive at the same time, including a 15% discount on eligible flight rewards and two $25 Air Canada flight credits a year. You can cancel without cost by April 12, 2027.
Why it matters: The welcome offer rebates the fee for 2 years, so the increase starts to cost you in year 3.
Grace period needs 2 full payments in a rowImpact level: Medium
Outside Quebec, the interest-free period needs two statements paid in full in a row
Outside Quebec, CIBC charges no interest on a statement's purchases only if you pay that statement in full and you also paid the previous statement in full. When interest is charged on a purchase, it runs from the transaction date.
Why it matters: One month of carrying a balance also costs interest on the next month's purchases, even if you then pay in full.
You're personally liable for the balanceImpact level: Medium
You and the business are both personally liable for everything on the account, including employees' cards
The primary cardholder and the business are jointly and individually liable to repay the whole balance, including authorized users' spending, without setoff or counterclaim.
Why it matters: If the business can't pay, CIBC can collect the full balance from you personally.
Full bonus needs $40,000 in 12 monthsImpact level: Medium
The full welcome offer needs $40,000 in a year, and past Aeroplan business bonuses can disqualify you
Only 10,000 points come with your first purchase; 25,000 need $7,500 in the first 3 statement periods and 40,000 need $40,000 in the first 12. Under the Aeroplan program terms you may not get any bonus, even if approved, if you've previously received a welcome, additional or anniversary bonus on an Aeroplan card of the same category from any issuer.
Why it matters: A business spending less than about $3,300 a month gets under half the advertised points. Check your Aeroplan bonus history before applying.
Bonus earn ends after $80,000 of spendingImpact level: Medium
All bonus earn rates, including Air Canada, stop after $80,000 of total card spending a year
The 2-point Air Canada rate and the 1.5-point rates apply only to the first $80,000 in net annual purchases on the account, counting every cardholder at every merchant. After that, everything earns 1 point per $1, except Hyatt. Hotels, car rentals and partner products bought through aircanada.com don't earn the Air Canada rate.
Why it matters: A business that spends more than $80,000 a year earns the base rate on the rest.
Show 3 more findingsShow fewer
2.5% FX fee, also charged on refundsImpact level: Medium
2.5% foreign currency fee, charged on refunds too
Foreign currency transactions are converted at the rate CIBC pays, plus a fee of 2.5% of the converted amount, on both debits and credits.
Why it matters: A refunded foreign purchase costs the fee twice, which matters on a travel card.
Points lost if not in good standingImpact level: Low
Points and airline benefits depend on the account being in good standing
Aeroplan points are awarded only if the account is in good standing on each monthly statement date; otherwise that period's points are cancelled. The free bag and lounge passes also end if the account isn't in good standing or is closed.
Why it matters: A late payment can cost a month of points.
Lounge passes: $10,000 each, N. America onlyImpact level: Low
Lounge passes need $10,000 in spending each, arrive after the account year and work only in Canada and the U.S.
You earn 1 pass per $10,000 in purchases in an account year, up to 4, deposited 7 to 14 days after the account year ends. Each expires 12 months after issue and works only at Maple Leaf Lounges in Canada and the U.S., not international lounges.
Why it matters: A new cardholder waits more than a year for the first pass.
Who This Card Is For
Great fit if you...
- Fly Air Canada for business
- Want free checked bags for the team
- Spend on dining, phone and internet bills
- Can spend $40,000 in the first year
Consider alternatives if you...
- Spend over $80,000 a year on the card
- Need travel medical insurance
- Had an Aeroplan business card bonus before
- Sometimes carry a balance
Welcome Bonus History
CIBC Aeroplan Business Welcome Bonus History
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
The Verdict
The CIBC Aeroplan Visa Business Card earns 2 Aeroplan points on Air Canada and 1.5 on travel, dining, phone and internet, with a free first checked bag for up to 9 travellers, lounge passes as you spend, and trip, delay and rental car insurance.
The fine print narrows it: every bonus rate stops after $80,000 of total spending a year, the full welcome offer needs $40,000 in 12 months, the fee rises to $200 in January 2027, and you're personally liable for the whole balance.
The Recommendation: Best for small businesses that fly Air Canada and spend under $80,000 a year, mostly on travel, dining and telecom. Businesses that spend more, or want the business, not you, to be liable, should look at the Aeroplan Visa Business Plus.
Before you apply: This teardown is general information, not financial, legal or insurance advice, and reflects the issuer's documents as of November 2026. Terms, rates, fees and offers change, and the issuer's own agreement, disclosure statement, insurance certificates and program terms are what govern your card. Read them in full and confirm details with the issuer before you apply. Full disclaimer