What the Card Offers
CIBC markets the Aeroplan Visa Business Plus for established businesses that fly Air Canada: the business is liable and approved on its own credit, up to 16 cards with Visa Spend Clarity controls, Aeroplan points on Air Canada, travel, dining and telecom, free checked bags and Maple Leaf Lounge passes.
- Business
The business is liable, not you1
Only the business is liable to repay the balance, and credit approval is based on the business.
- 2x
Points on Air Canada2
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 bills3
1.5 points per $1 on travel, transportation, dining, shipping, internet, cable and phone, on the first $80,000 of card purchases a year.
Show 3 more benefitsShow fewer
- 75,000
Welcome points4
Up to 75,000 Aeroplan points in the first year, plus annual fee rebates for 2 years; the last 40,000 need $40,000 in purchases.
- Free bag
First checked bag on Air Canada5
A free first checked bag for the Rewards Officer, other cardholders and up to 8 companions on the same Air Canada reservation.
- $50,000
Employee misuse waiver6
CIBC can waive the business's liability for unauthorized charges by an employee, up to $50,000 per card in a 12-month period.
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 Business Credit Card Agreement (Business Liability) 12521-2026/08, s. 1
- CIBC Aeroplan Visa Business Plus Card product page, footnotes 4 and 5 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Plus Card product page, footnote 4 (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Plus Card product page, footnote † (retrieved 2026-11-01)
- CIBC Aeroplan Visa Business Plus Card product page, footnote 7 (retrieved 2026-11-01)
- CIBC Business Credit Card Agreement (Business Liability) 12521-2026/08, s. 5 and Liability Waiver Program Description
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 liability terms favour the owner, but who owns the points and how narrow the insurance is matter.
Trip cover: business trips, cardholder onlyImpact level: High
Trip insurance covers only business trips, and only the cardholder
Trip cancellation and interruption insurance excludes any trip not booked or taken for business purposes, and covers only the cardholder named on the card, up to $1,000 per trip for cancellation and $2,000 for interruption. Flight delay and baggage cover is up to $500 per occurrence.
Why it matters: A holiday booked on this card, or family travelling with you, isn't protected.
Points belong to the Rewards OfficerImpact level: Medium
The Aeroplan points belong to the Rewards Officer personally, not the business
All points, including the welcome bonus, go to the personal Aeroplan account of the one Rewards Officer the business names. The agreement says the business acknowledges those points are the Rewards Officer's property.
Why it matters: If the Rewards Officer leaves the company, the points already earned go with them.
Purchase security: $1,000 per lossImpact level: Medium
Purchase protection pays at most $1,000 per loss
Purchase security pays up to $1,000 per insured person per loss, even if several items are involved. Extended protection pays up to $10,000 per item and $25,000 per insured person a year.
Why it matters: A stolen laptop or piece of equipment worth more than $1,000 is only partly covered in its first 90 days.
Grace period needs 2 full payments in a rowImpact level: Medium
If the head office isn't in Quebec, the interest-free period needs two statements paid in full in a row
CIBC charges no interest on a statement's purchases only if the business pays that statement in full and also paid the previous statement in full, unless the business's head office is in Quebec.
Why it matters: One month of carrying a balance also costs interest on the next month's purchases, from the day they're made.
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.
Why it matters: With up to 16 cards on one account, a business can reach $80,000 quickly.
Show 2 more findingsShow fewer
Full bonus needs $40,000 in 12 monthsImpact level: Medium
The full welcome offer needs $40,000 in a year, and a past Aeroplan bonus can disqualify the Rewards Officer
Only 10,000 points come with the 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, no bonus may be paid if the Rewards Officer previously received one on an Aeroplan card of the same category from any issuer.
Why it matters: Choose a Rewards Officer who hasn't had an Aeroplan business card bonus before.
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.
Who This Card Is For
Great fit if you...
- Want the business, not you, to be liable
- Have employees who fly Air Canada
- Need many employee cards with controls
- Can spend $40,000 in the first year
Consider alternatives if you...
- Want the points to stay with the business
- Want insurance on personal or family trips
- Spend over $80,000 a year on the card
- Need travel medical insurance
Welcome Bonus History
CIBC Aeroplan Business Plus 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 Plus earns 2 Aeroplan points on Air Canada and 1.5 on travel, dining and telecom, with free checked bags and lounge passes, but the business alone is liable and it supports up to 16 cards with spending controls.
The fine print shifts the risk elsewhere: the points belong personally to the Rewards Officer, trip insurance covers only business trips by the cardholder, purchase protection pays at most $1,000 per loss, and every bonus rate stops after $80,000 a year.
The Recommendation: Best for established businesses whose employees fly Air Canada for work and that want the company, not the owner, liable. Owners who want the points and family travel cover for themselves may prefer the standard Aeroplan Visa Business Card.
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