Originally Posted by
allbrosca
CIBC asked me for proof. TD took my word for it. It was kind of insulting since I do most of my banking at CIBC and had pretty healthy balances. Needless to say, when the annual fee came due, I cancelled right away and told them why.
I love having a reason like that for a cancel. Feels good to tell them to take a hike!
Incidentally, I've never been asked for proof of income - and if I ever did, I'd just drop it (unless it was for my coveted Amex Gold card that I churn religiously). It's not worth the effort to send in documentation and have a back and forth for a credit card app. There are sooooo many credit cards out there...churning needs to be easy, or I don't partake...