CIBC AventuraŽ Offer (Until Dec 31 2012)
Nov 2, 2012, 5:25 am
#1
Original Poster
Join Date: Dec 2008
Posts: 4,519
CIBC AventuraŽ Offer (Until Dec 31 2012)
Found this offer off the CIBC web page:
https://www.cibc.com/ca/offers/index...TURAREBATE-E10
50% Rebate on 1st Year $120 Annual Fee
- CIBC AventuraŽ Visa Infinite™ Card
- CIBC AventuraŽ World MasterCard™ Card
Both cards with Welcome Bonus of 15,000 Aventura Points upon first purchase.
100% Rebate on 1st Year $39 Annual Fee
- CIBC AventuraŽ MasterCardŽ Card
This card has a Welcome Bonus of 2,500 Aventura Points upon first purchase. Learn more
Offer ends December 31, 2012
Reminder: Aventura Points may be converted to Aeroplan Miles at an exchange rate of 1 for 1, but points must be converted in 10,000 point increments.
https://www.cibc.com/ca/offers/index...TURAREBATE-E10
50% Rebate on 1st Year $120 Annual Fee
- CIBC AventuraŽ Visa Infinite™ Card
- CIBC AventuraŽ World MasterCard™ Card
Both cards with Welcome Bonus of 15,000 Aventura Points upon first purchase.
100% Rebate on 1st Year $39 Annual Fee
- CIBC AventuraŽ MasterCardŽ Card
This card has a Welcome Bonus of 2,500 Aventura Points upon first purchase. Learn more
Offer ends December 31, 2012
Reminder: Aventura Points may be converted to Aeroplan Miles at an exchange rate of 1 for 1, but points must be converted in 10,000 point increments.
Nov 2, 2012, 7:26 am
#2
Join Date: Jun 2011
Posts: 1,147
Regarding the 10K point increments, remember that you get 1K points for setting up an online profile, so you're looking at $4000 spend to get to the 20K (although there is some 1.5x categories).
When I previously closed the card, CIBC did move all my remaining points to Aeroplan (I had overspent the 20K limit by $63).
(Also last time I got the card it was first year free and CIBC still gave me $40 back when I cancelled the card 9 months after getting it)
When I previously closed the card, CIBC did move all my remaining points to Aeroplan (I had overspent the 20K limit by $63).
(Also last time I got the card it was first year free and CIBC still gave me $40 back when I cancelled the card 9 months after getting it)
Nov 2, 2012, 11:56 am
#3
Join Date: Apr 2007
Location: Toronto, Ont., Canada
Programs: Aeroplan; Marriott Platinum; IHG Platinum; Best Western Diamond
Posts: 2,165
There's a separate special that just started yesterday. CIBC is waiving fees on pretty well all the CC's, including Aventura, and aerogold. They did that this past summer, waiving fees on the premium cards. But this time it includes other non-premium cards.
Really? That's great if they'd still do that. But I haven't read anything about them doing that. It might just be a one-time special favour they gave you.
Really? That's great if they'd still do that. But I haven't read anything about them doing that. It might just be a one-time special favour they gave you.
Nov 2, 2012, 12:54 pm
#4
Join Date: Nov 2011
Posts: 6,385
There's a separate special that just started yesterday. CIBC is waiving fees on pretty well all the CC's, including Aventura, and aerogold. They did that this past summer, waiving fees on the premium cards. But this time it includes other non-premium cards.
Really? That's great if they'd still do that. But I haven't read anything about them doing that. It might just be a one-time special favour they gave you.
Really? That's great if they'd still do that. But I haven't read anything about them doing that. It might just be a one-time special favour they gave you.
Nov 2, 2012, 6:17 pm
#5
Join Date: Jul 2008
Programs: Via Preference Privilege, AC*A, Fairmont Plat, SPG Gold
Posts: 1,334
Nov 3, 2012, 1:39 pm
#7
Original Poster
Join Date: Dec 2008
Posts: 4,519
Nov 4, 2012, 2:33 pm
#12
Join Date: Sep 2012
Location: YVR
Posts: 1,847
I was actually planning to call to cancel my CIBC Aerogold Infinite today, so when the CSR asked why I was cancelling, I told her that I didn't want to pay a $120 annual fee and get no annual loyalty points bonus when I can get all of that by applying for another one of their products.
She says, "Oh, why don't I see if I can transfer your account to another product so you can get the points?" I say, "Sure, how about the Anventura?" and then after some checking, she goes, "Sorry, this card won't allow me to change to that product". She even checked a few more (the ones that offered sign-up bonuses) - no go. Guess CIBC doesn't want people to take the easy way out and transfer products to earn more bonus points.
I gladly cancelled and got my unused (pro-rated) annual fee refunded. Not sure I will apply for another CIBC product, but I can always be lured in by good deals like this one!
She says, "Oh, why don't I see if I can transfer your account to another product so you can get the points?" I say, "Sure, how about the Anventura?" and then after some checking, she goes, "Sorry, this card won't allow me to change to that product". She even checked a few more (the ones that offered sign-up bonuses) - no go. Guess CIBC doesn't want people to take the easy way out and transfer products to earn more bonus points.
I gladly cancelled and got my unused (pro-rated) annual fee refunded. Not sure I will apply for another CIBC product, but I can always be lured in by good deals like this one!
Nov 4, 2012, 2:50 pm
#13
Join Date: Oct 2009
Posts: 40
I missed this offer earlier this year. My FSR called Friday to say the promotion was on again. She did say it included all cards and fee waived for the first year. I opted for the Aerogold Visa Infinite Card but one of the Adventura cards might have been better, I did not know you could transfer the points to Aeroplan.
Nov 4, 2012, 5:06 pm
#14
Join Date: Apr 2007
Location: Toronto, Ont., Canada
Programs: Aeroplan; Marriott Platinum; IHG Platinum; Best Western Diamond
Posts: 2,165
I was actually planning to call to cancel my CIBC Aerogold Infinite today, so when the CSR asked why I was cancelling, I told her that I didn't want to pay a $120 annual fee and get no annual loyalty points bonus when I can get all of that by applying for another one of their products.
She says, "Oh, why don't I see if I can transfer your account to another product so you can get the points?" I say, "Sure, how about the Anventura?" and then after some checking, she goes, "Sorry, this card won't allow me to change to that product". She even checked a few more (the ones that offered sign-up bonuses) - no go. Guess CIBC doesn't want people to take the easy way out and transfer products to earn more bonus points.
I gladly cancelled and got my unused (pro-rated) annual fee refunded. Not sure I will apply for another CIBC product, but I can always be lured in by good deals like this one!
She says, "Oh, why don't I see if I can transfer your account to another product so you can get the points?" I say, "Sure, how about the Anventura?" and then after some checking, she goes, "Sorry, this card won't allow me to change to that product". She even checked a few more (the ones that offered sign-up bonuses) - no go. Guess CIBC doesn't want people to take the easy way out and transfer products to earn more bonus points.
I gladly cancelled and got my unused (pro-rated) annual fee refunded. Not sure I will apply for another CIBC product, but I can always be lured in by good deals like this one!
Nov 4, 2012, 10:31 pm
#15
Join Date: Sep 2012
Location: YVR
Posts: 1,847
https://www.cibc.com/ca/visa/aventur...-LearnMore-E11
Apparently, cannot transfer from CIBC Aerogold Infinite VISA to any other VISA period. Too bad. But, CIBC doesn't seem too concerned about retention. I guess they figure you'll be back...
Last edited by pokee; Nov 4, 2012 at 10:40 pm