Tag: Canadian credit cards

Air Canada Aeroplan Visa Infinite: A Comprehensive Overview

The Air Canada Aeroplan Visa Infinite is a premium travel rewards credit card issued by CIBC. Designed for frequent travelers, this card offers robust rewards and a host of benefits that make it an attractive option for those seeking to maximize their travel experiences while gaining financial flexibility through reward points.

Card Type

The Air Canada Aeroplan Visa Infinite is primarily a co-branded travel rewards credit card. It is tailored specifically for travelers who want to earn Aeroplan points with every purchase, thereby facilitating the accumulation of rewards towards flights and travel-related expenses.

Annual Fee

This credit card comes with an annual fee of $139. However, based on promotional offers, the fee may be waived in the first year, making it even more appealing for new cardholders.

Rewards Program

The cards rewards structure is designed to maximize earnings on every purchase. Cardholders earn:

• 2 Aeroplan points for every dollar spent on Air Canada purchases.
• 1.5 Aeroplan points for every dollar spent on dining and groceries.
• 1 Aeroplan point for every dollar spent on all other purchases.

Rewards can be redeemed for various travel-related expenses, including flight tickets, hotel stays, and car rentals, giving cardholders exceptional flexibility for their travel rewards.

Sign-Up Bonus

New cardholders can take advantage of a generous sign-up bonus. Upon meeting a spending requirement of $5,000 within the first three months, users can earn up to 60,000 Aeroplan points, which could be equivalent to multiple free flights, depending on the route and availability.

APR (Annual Percentage Rate)

The standard APR for the Air Canada Aeroplan Visa Infinite is 19.99% for purchases. There may be promotional rates available for balance transfers, making it a favorable option for those looking to consolidate debt during the introductory period.

Foreign Transaction Fees

For international travelers, this card carries no foreign transaction fees, allowing you to spend freely while abroad without incurring additional costs.

Balance Transfer Options

When it comes to managing existing debt, the Air Canada Aeroplan Visa Infinite offers a balance transfer option with an introductory 0% APR for the first 6 months. Its important to review the terms as balance transfer fees may apply.

Additional Fees

Its crucial to be aware of other fees associated with this card, including:

• Cash advance fee: Typically up to 3% of the amount advanced.
• Late payment fee: Up to $35 for missed payments.

Card Benefits and Perks

The Air Canada Aeroplan Visa Infinite boasts several premium benefits, including:

• Comprehensive travel insurance, covering trip cancellation and interruption.
• Access to over 1,000 airport lounges worldwide through Priority Pass.
• Concierge services to assist with a variety of travel and lifestyle needs.

Customer Protections and Insurance

This card offers various protections to enhance user security, such as:

• Fraud liability protection: Cardholders are not held responsible for unauthorized transactions.
• Purchase protection: Items bought with the card may be covered against theft or damage for a limited period.
• Rental car insurance: Coverage offered when the car is rented using the card.

Eligibility and Credit Score Requirements

To qualify for the Air Canada Aeroplan Visa Infinite, applicants generally need a credit score of at least good to excellent (around 650 or higher). Other criteria may also include a stable income and residency in Canada.

Introductory Offers

Alongside its robust rewards program, the card may offer additional introductory promotions. For instance, an introductory APR of 0% for the first 10 months on balance transfers often serves as a great incentive for potential cardholders.

Special Features or Unique Selling Points

Some standout features of the Air Canada Aeroplan Visa Infinite include:

• Free first checked bag when traveling on Air Canada flights.
• Annual Aeroplan points bonus based on your annual spend on the card.

How to Apply

Applying for the Air Canada Aeroplan Visa Infinite is straightforward. Interested individuals can apply ‘>Apply Here to get your Air Canada Aeroplan Visa Infinite today and unlock a world of travel possibilities!

For financial insights and more credit card comparisons, visit UpCube.net.