Similar to many other credit card points programs, Aventura Points are extremely flexible, being usable on flight rewards, travel rewards, statement credits, merchandise, gift cards and CIBC financial products. For this analysis, we are focusing on flight rewards and travel rewards, as all other redemptions generally produce a value of less than 1 cent per point. We calculate Aventura Points to produce a value of 1.75 cents per point when redeemed for flight rewards.
Flights
Value: 1.75 Cents Per Point
As with other similar credit card point programs (namely American Express' Membership Rewards and RBC's Avion Program) Aventura provides a flight rewards chart that provides the best value for redeeming points. Where it differs, however, is that it provides ranges for the number of points required for each region. Based on the max ticket price and the average number of points required for each region, we calculate the value of flight redemptions per Aventura point to sit at about 1.75 cents per point.
Travel Rewards
Value: 1 Cent Per Point
Aventura points can also be used to directly book travel at a rate of 1 cent per point. In other words, 100 Aventura points can be redeemed for $1.