September 22, 2018

CIBC adding new features to its premium Aventura cards

TORONTO--CIBC is adding new travel benefits to its premium Aventura cards at no additional cost to clients this fall. Cardholders can look forward to a bundle of enhancements to help create meaningful travel experiences.

Clients can instantly lock and unlock their CIBC credit card from their mobile device, and they have new travel benefits as premium Aventura card holders. This fall clients will soon have access to 1,200+ airport lounges across the globe, with a Priority Pass™ membership and four complimentary lounge entries per year.

Other new benefits include:

> Rebate on NEXUS* application fee

> Mobile device insurance – coverage up to $1,000 for lost, stolen or accidentally damaged devices – at home or away

> Improved trip cancellation insurance.

> Hotel burglary insurance

"With these new benefits, we're looking to give clients a frictionless travel experience. They complement the existing features that our clients love – like free, personalized trip planning with the Aventura Travel Assistant, and the flexibility to use points for any airline, any flight – to help them get the most out of their travel," says Prashant Sharma, Senior Vice President, Cards, CIBC.

The Aventura card enhancements will be available to new and existing clients starting October 15.

CIBC is also introducing an innovative and convenient way for clients to control their credit cards on the go. With a new lock and unlock feature, clients can instantly lock their card through online and mobile banking to prevent new transactions if they think the card may be lost or stolen.

"We're committed to delivering digital capabilities that provide our clients greater convenience to manage their banking, including the ability to easily protect their credit cards, giving them instant peace of mind whether at home or travelling," says Sharma.

The lock and unlock feature will be available on all CIBC credit cards.

CIBC is a leading Canadian-based global financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world.



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