CIBC Aventura World MasterCard - 1st Yr Free & 15,000 Points (Sept 2011)
Dec 1, 2011, 10:06 am
#91
Join Date: Oct 2011
Location: YOW
Programs: AC Irrelevant, IHG Platinum, Marriot Gold, Hertz Gold, Avis First
Posts: 273
So now I log into my CIBC Rewards account and the balance is showing 0 points. AE stills does not show the transfer.
On the phone waiting for a rep now, let's see what they say.
On the phone waiting for a rep now, let's see what they say.
Dec 1, 2011, 10:47 pm
#92
Suspended
Join Date: Jan 2010
Location: Calgary, Alberta
Programs: Hyatt Diamond, Fairmont Platinum, Aeroplan Diamond, HHonors Gold, SPG Gold
Posts: 18,686
I see on the CIBC list of cards, the Aventura World Mastercard is offered with the 15,000 bonus points.
https://www.cibc.com/ca/credit-cards...l-rewards.html
Is the annual fee waived promo still on.. I assume its no longer offered?
https://www.cibc.com/ca/credit-cards...l-rewards.html
Is the annual fee waived promo still on.. I assume its no longer offered?
Dec 22, 2011, 2:40 pm
#94
Join Date: May 2009
Location: HKG (mind in YYZ)
Programs: MPC Green, AC Tangerine :)
Posts: 1,102
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Dec 22, 2011, 6:57 pm
#96
Join Date: Aug 2007
Location: YYC
Programs: Aeroplan, SPG
Posts: 32
Dec 22, 2011, 8:26 pm
#97
Join Date: Oct 2003
Location: YYZ
Posts: 1,629
In all a pretty good deal considering only having to.spend $4000 to get max value and transfer bonus.
Dec 23, 2011, 8:23 pm
#98
Join Date: Dec 2011
Location: West
Posts: 3,357
Is there other way to transfer 6000: move it to my wife's account or is the only way to cash-in is the movies or chicken gift cards?
Dec 24, 2011, 12:39 am
#99
Suspended
Join Date: Jan 2010
Location: Calgary, Alberta
Programs: Hyatt Diamond, Fairmont Platinum, Aeroplan Diamond, HHonors Gold, SPG Gold
Posts: 18,686
My understanding is that transfers can only happen with 10K point increments with this particular card.. The main reason I haven't applied for this card yet..
Dec 24, 2011, 12:49 am
#100
Join Date: May 2009
Location: HKG (mind in YYZ)
Programs: MPC Green, AC Tangerine :)
Posts: 1,102
with the 1k bonus for subscribing online and the 1.5 pts for gas and groceries it's not that hard to make 4k points then transfer out the 20k
decent deal when the annual fee was waived
decent deal when the annual fee was waived
Dec 24, 2011, 1:08 am
#101
Join Date: Oct 2003
Location: YYZ
Posts: 1,629
And if you tsf'd the 20k during the AE promo you picked up another 4k - all for free!!!
Dec 24, 2011, 8:14 am
#102
Join Date: Oct 2011
Location: YOW
Programs: AC Irrelevant, IHG Platinum, Marriot Gold, Hertz Gold, Avis First
Posts: 273
Yes they did. Apparently the rep screwed up when taking down my ap number so the points disappeared for some reason. They posted within 2 days and the remaining 6k in points also came back into the cibc account.
Dec 24, 2011, 12:55 pm
#103
Join Date: Dec 2011
Location: West
Posts: 3,357
But with MBNA, one gets 5 % off for gas and groceries. What is better; spending $2.7 k and getting 10000 miles or $133 cash for spending and a gift card for 6000 points already in the account ($50 to Swiss Chalet for example) ? What is better? Has anyone priced AE miles. I know it depends on the destination etc and promotions, but is there a generic value for 1 AE mile ??
Dec 24, 2011, 6:25 pm
#104
Join Date: May 2009
Location: HKG (mind in YYZ)
Programs: MPC Green, AC Tangerine :)
Posts: 1,102
But with MBNA, one gets 5 % off for gas and groceries. What is better; spending $2.7 k and getting 10000 miles or $133 cash for spending and a gift card for 6000 points already in the account ($50 to Swiss Chalet for example) ? What is better? Has anyone priced AE miles. I know it depends on the destination etc and promotions, but is there a generic value for 1 AE mile ??
i myself would give each mile a value of 2 cents
not sure where you're getting the 10k miles figure, after spending 2.7k, you would get a total of 20k miles (15k signup + 1k signup bonus for cibcavetura.com), without the transfer promo a few weeks back
mbna is 5% for the first 6 months and drops to 3% afterwards, it's a good card but a minimum of 2.7k spend and a max of 4k spend for 20k AE miles (or 24k if you had enough for the promo) is a great deal when the annual fee is waived by most measurements
Dec 24, 2011, 10:18 pm
#105
Join Date: Dec 2011
Location: West
Posts: 3,357
Thank you for this information. At CIBC the best conversion is .87 cent /point
I am referring to present situation. I have 6000 CIBC points as 10000 ppoints was transferred with a bonus. Therefore I need 4000 more to be able to redeem or transfer to AE another 10000. Transfer promo is not on at this time, it was 2 weeks ago. You said that I can earn 1500 point for each $1000 spend on this card. Since I need 4000 point more to get to a level when I can convert, then I need to spend $ 2700 on this card. if I put that on 5% cash back card, I have the calculated value of $ 135. As for it dropping to 3 %, one can always get another card at 6 months again. But spending 2.7 k in 6 months should be doable for categories that earn 5% .
not sure where you're getting the 10k miles figure, after spending 2.7k, you would get a total of 20k miles (15k signup + 1k signup bonus for cibcavetura.com), without the transfer promo a few weeks back
mbna is 5% for the first 6 months and drops to 3% afterwards, it's a good card but a minimum of 2.7k spend and a max of 4k spend for 20k AE miles (or 24k if you had enough for the promo) is a great deal when the annual fee is waived by most measurements
mbna is 5% for the first 6 months and drops to 3% afterwards, it's a good card but a minimum of 2.7k spend and a max of 4k spend for 20k AE miles (or 24k if you had enough for the promo) is a great deal when the annual fee is waived by most measurements
I am referring to present situation. I have 6000 CIBC points as 10000 ppoints was transferred with a bonus. Therefore I need 4000 more to be able to redeem or transfer to AE another 10000. Transfer promo is not on at this time, it was 2 weeks ago. You said that I can earn 1500 point for each $1000 spend on this card. Since I need 4000 point more to get to a level when I can convert, then I need to spend $ 2700 on this card. if I put that on 5% cash back card, I have the calculated value of $ 135. As for it dropping to 3 %, one can always get another card at 6 months again. But spending 2.7 k in 6 months should be doable for categories that earn 5% .