CIBC Aerogold Visa for Business

Business rewards Visa with several insurance benefits and a high annual fee

The Aerogold Visa card by CIBC is a rewards card designed for small businesses with several insurance benefits and a high annual fee.

Earn 1 Aerogold mile with each dollar spent (1.5 Aerogold Miles when purchasing travel). Earn a Welcome Bonus of 15,000 Aeroplan Miles when you use your new CIBC Aerogold Visa card for Business for the first time.

The interest rate of 10.9% is the best possible rate with this credit card and varies depending on credit quality. The card has a steep annual fee of $180 plus $50 per additional card (maximum of 9). Benefits include trip accident insurance and car rental insurance standard. More benefits can be added to the card for a fee.

Overview
Issuer 
Type 
Version 
Features 
Credit 
Rewards Program 
Minimum Income 
$35,000 / year
Rates & Fees
Annual Fee 
$180
Supplemental Cards 
$50 / year
Interest 
10.90%
Cash Advance 
10.90%
Balance Transfer 
10.90%
Interest rates vary (best rate shown)
Grace 
21 days
Minimum Payment 
$10 or 2.1% (whichever is greater)
Rewards
Earn 1 Aeroplan Mile for every dollar spent, 1.5 Aeroplan Miles when spent on travel (15,000 welcome bonus)
Travel / Vacation 
Yes
Cash Back 
No
Merchandise 
Yes
Groceries 
No
Vehicle Rebates 
No
Charitable Donations 
Yes
Health Care 
No
Financial Products 
No
Benefits
Car Rental 
Yes
Purchase Protection 
No
Travel Medical Insurance 
No
Travel Accident Insurance 
No
Trip Cancellation Insurance 
No
Flight Delay Insurance 
No
Baggage Insurance 
No
Road Insurance 
No
Balance Protection 
No