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Thread: CIBC Bank Account NOT Churnable
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Old Dec 12, 2011 | 1:15 pm
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robsaw
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Originally Posted by jarusoba
Sorry to hear that.

But IMO, it's about time they stopped this churning business. This has devalued the points too much. I wonder when Amex would follow...
Churning of bank accounts not credit card accounts. You can easily churn CIBC CC accounts.

Decreasing cost of points of good, devaluing of points for redemption is bad.
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