Originally Posted by
Yukonprince
I have the CIBC one. At renewal time I call them up and tell them I am being courted by TD and AX to get their card. They ALWAYS give me 10,000 Aeroplan points as a "loyalty bonus". Did it again just yesterday...
I've also always had them offer a similar incentive whenever I've called to cancel. However, I still always cancel it every year. I typically switch every year between TD and CIBC products, since the signup bonus (normally 50,000 - 25 on signup and 25 on spending in the first few months) for the other is still much more than the retention bonus offer. But, if you happen to like the one card, and don't want to play the back-and-forth game, then that's a good way to go.