What Aeroplan Cards Are There with CIBC?
There are two main cards. The CIBC Aero Classic Visa and the CIBC Aerogold Visa. The CIBC Aero Classic is the entry level card and has an annual fee of $29/year. It has an interest rate of 19.5% and you earn 1 Aeroplan mile for every $2 you spend through the card. The CIBC Aerogold is the next step up. It has an annual fee of $120/year and an interest rate of 19.5%. You earn 1 Aeroplan mile for every $1 you spend through the card and some stores actually give you 1.5 miles per dollar. You have to look up the list of participating stores to see if they qualify. Which Card Is Better? The reasoning behind which card you should get is pretty easy. You want the one that returns the most money to you. This depends on how much money you spend per year. You want to earn back enough Aeroplan miles on these CIBC Visas to cover your annual fee and then some. If you don’t even spend that much, you might as well go with a no fees card like what is offered by a number of the other banks such as the
