Hi guys,

I've held the Aerogold for Business for about 4 years now, every year I try to cancel before the fee hits but they offer to credit the $180 and add bonus points. Now, I want to apply for the CIBC Aerogold Visa Infinite Privilege and I was wondering if I would qualify for the 50,000 bonus points. In the footnotes it states "You are eligible for this offer only if you apply and are approved for your first CIBC credit card. If you are a current or former CIBC cardholder, we may approve your application but you will not be eligible for the offer." Is this actually enforced?