I haven't paid a CIBC annual fee in probably 5 years now, so the reversal won't help me. I just sign up when the first year is free, and cancel in month 10. Rinse, repeat.
I'm not a big CIBC customer so I suspect I've been sold - I wonder what I should do to maximize my TD + CIBC signups... 35,000+ points for no fee is pretty tempting.
* I'm lucky enough to be financially safe to flip cards often. Do not play this game at home if you cannot. Also don't take financial advice from FT posts.