New welcome offer for the CIBC Aventura® Visa Infinite* Card – Earn up to 35,000 Aventura Points with first year annual fee rebate† + MORE Feb 9th

 At the start of this month CIBC brought back their excellent limited time welcome bonus offer for their premium cash back card the CIBC Dividend® Visa Infinite* Card. That offer is 10% cash back on all purchases up to $2,000 made during the first four monthly statement periods. The offer doesn’t end there however as new cardholders will also get their first year annual fee rebated which means you can try this card out at no cost to you other than your actual credit card spending. The other good news coming on February 1st was the launch of the card changes we announced back in October. The biggest drawback the card had, if you would consider it a drawback was only being able to cash out your rewards once per year. Well that’s gone and now you can cash out anytime when your rewards balance hits $25 or more. On top of that there are some earning and annual fee changes to the card as well that are detailed below.The 10% cash back on all purchases of up to $2,000 will translate to up to $200 cash back which is a decent welcome bonus for a cash back card and matches many that are in market right now…

The Koho Premium Prepaid Visa is one of only a select few prepaid credit cards that offers rewards for your everyday spending on the card. This card is virtually open to anyone since there are no credit checks necessary as you have to fund it prior to using it. Technically what you are opening a savings account with Koho that comes with a reloadable prepaid Visa card. They also offer non-premium version called the Koho Reloadable Prepaid Visa. The Koho Premium Prepaid Visa is the top end card from People’s Trust Company which is the parent company of Koho. The card is prepaid which means you don’t have to have good credit to have it in your wallet. You simply fund it before using and you can only spend as much as you have loaded onto the card. The card does carry a monthly fee but it also provides the best reward earn rates of the two of cards offered in the Koho program. Not only that you can earn additional cash back when you refer people to Koho and here’s a biggie – it comes with no Foreign Transaction fees so if you use the card to shop online outside of Canada or travel outside of Canada you won’t be dinged with that 2 to 3% extra most cards charge on non C$ purchases…

At the start of February CIBC  launched new offers on many of their rewards credit cards. One of those was earning up to 35,000 Aventura Points on their premium travel card, the CIBC Aventura® Visa Infinite* Card†. That offer also includes a first year annual fee rebate for the primary cardholder and up to 3 authorized users!†The bonus offer of up to 35,000 Aventura Points is worth up to $800 towards your next flight†.  Here is how a client can earn the Bonus Aventura Points:Get 20,000 Aventura Points when you make your first purchase†Also, in your first year you can also earn an additional 1,250 Aventura Points each monthly statement period in which you spend at least $1,000. That’s up to 15,000 points!This means you could simply achieve 20,000 points with $1 purchase which is a great bonus! The additional 15,000 Aventura points, requires you to spend $1,000 spend per month for a year. This card also comes with a series of travel benefits which include over $250 in value in the first year alone – not to mention all the travel insurances:A Priority Pass Membership and 4 complimentary visits per year at 1,300+ airport lounges†: over $200 value†!A NEXUS◊ Application Fee rebate†: A $50 value†!  Want to know what the welcome Aventura points will get you? Here’s what you can redeem with the 35,000 Aventura Points based on the Aventura Airline Rewards Chart at www…

 Last week we covered changes coming to the BMO AIR MILES World Elite Mastercard and the BMO CashBack World Elite Mastercard and now we have news BMO is changing redemption rates that affect their proprietary rewards cards. First we have to  thank @joshnet on Twitter for alerting us to BMO’s move to change the redemption rate for travel in the BMO Rewards program. Joshua let us know the bad news that as of May 5 the redemption rate for travel rewards will move to 150 points for $1 from the current 140 points. In a good will gesture BMO will be increasing the point value by 7% in all cardholders accounts on May 5. This will alleviate any loss in value for points earned to that date but after that date the spending on all the BMO Rewards cards will be worth less when redeeming for travel.This new redemption rate of 150 points to $1 means BMO Rewards Points now have a a value of 0.667 cents each. This is down from the previous 0.714 cents and now puts the value of earn on the cards as follows:BMO eclipse Visa Infinite & BMO eclipse Visa Infinite Privilege: 5x points categories = 3…

 We’ve now had three months to start getting used to the new Air Canada Aeroplan program and to further celebrate the launch of the new program and to teach members more about it Air Canada revealed a new contest today. The Aeroplan Explore For More Contest is exactly that, they want you to explore more of the program, learn more about it and in return you’ll have the chance to win Aeroplan points or flights with Air Canada:As you can see there are 25 prizes of 25,000 Aeroplan points, 10 prizes of 50,000 points and 5 prizes of two round-trip tickets to anywhere Air Canada flies!The first step is to register your Aeroplan number for the contest: Next you log in and complete various actions to earn entries into the contest: The number of actions you complete will determine which prizes you will be eligible for a chance to win: You have until February 14 to enter the contest with prizes being drawn on or about February 24.Learn more about and enter the contest here. Good luck to the Rewards Canada community in the contest! Let us know if you happen to be one of the lucky winners in the end!Images via Air Canada