Whether you are travelling for business or embarking on a family road trip, carrying an eligible Canadian Imperial Bank of Commerce (CIBC) credit card unlocks substantial travel savings. Through exclusive partnerships with global vehicle rental leaders Avis and Budget, CIBC cardholders can significantly reduce the base rates of their domestic and international car rentals while enjoying premium booking perks.
Beyond the upfront percentage discounts, leveraging your CIBC card often provides complimentary additional drivers and built-in auto insurance coverage. Below, we break down the exact promotional codes you need, the secure step-by-step reservation process, and expert hacks to maximize your rental savings without compromising your coverage.
CIBC Car Rental Partnership Details
| Category | Details |
|---|---|
| Budget Car Rental | Save up to 35% off base rates (Discount Code: BCD A748700) |
| Avis Car Rental | Save up to 30% off base rates (Discount Code: AWD C277500) |
| Additional Driver | Complimentary spouse or co-worker driver addition at no extra charge |
| Insurance Perks | Built-in Collision/Loss Damage Insurance on eligible CIBC credit cards |
Step-by-Step Guide: Booking Your Discounted Rental
Follow this exact sequence to ensure your discount codes are applied correctly through official booking channels:
- Step 1: Navigate to the official CIBC by Expedia travel portal, or visit the direct partner portals for Avis or Budget.
- Step 2: If using the CIBC portal, log in and complete the Multi-Factor Authentication prompt to safely secure your browsing session.
- Step 3: Enter your travel dates, location, and the specific CIBC discount code (AWD C277500 for Avis or BCD A748700 for Budget) into the promotional discount field.
- Step 4: Select your preferred vehicle and choose the Pay Now billing option, which is required to unlock the maximum 30% to 35% base rate reduction.
- Step 5: Finalize the reservation by charging the full amount to your eligible CIBC credit card.
Pro-Tip: For a massive efficiency hack that saves both time and money at the rental counter, charge the absolute full cost of your booking to your premium CIBC credit card and confidently decline the rental agency's costly Collision Damage Waiver (CDW). Cards like the CIBC Aventura or Dividend Platinum automatically provide comprehensive Auto Rental Collision/Loss Damage Insurance for vehicles up to $85,000 CAD, saving you upwards of $25 per day.
Troubleshooting Common Booking Pain Points
- MFA (Multi-Factor Authentication) Delays: If you do not receive the one-time passcode text when logging into the CIBC travel portal, ensure you have cellular service or request the code via an automated voice call to bypass SMS network congestion.
- Browser Errors & Code Failures: If the Avis or Budget website throws an error stating your discount code is invalid, clear your browser cache and cookies. Promotional codes cannot be combined; ensure no other third-party discount browser extensions are overwriting your CIBC code.
- Locked CIBC ID: Entering an incorrect banking password multiple times will lock your digital profile. Use the Forgot Password link on the sign-in screen to instantly reset your credentials using your physical CIBC credit card number, expiry date, and PIN before attempting to re-book.
Frequently Asked Questions
What are the official CIBC car rental discount codes?To secure your exclusive savings, use Avis Worldwide Discount (AWD) number C277500 to save up to 30%, or use Budget Customer Discount (BCD) number A748700 to save up to 35% off base rates.
Can I add an extra driver for free with my CIBC card?Yes. If you are a CIBC credit cardholder, you can add a complimentary additional driver—such as a spouse or co-worker—to your Avis or Budget rental booking at no extra charge, provided they meet the agency's standard driving and age requirements.
Do these discounts apply if I pay at the counter?While you may receive a smaller discount for paying at the counter, the maximum advertised savings (up to 30% or 35%) are strictly tied to the Pay Now option selected during your online checkout process.
