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-   Air Canada | Aeroplan (https://www.flyertalk.com/forum/air-canada-aeroplan-375/)
-   -   15k miles for opening CIBC flat fee checking (https://www.flyertalk.com/forum/air-canada-aeroplan/711074-15k-miles-opening-cibc-flat-fee-checking.html)

margarita girl Jul 12, 2007 7:39 pm

Just got an e-mail from Aeroplan re CIBC promo. Fine print says PC does not qualify.

Quote:
(iv) While the account from which you will transfer PATs and the Old Account can be two different accounts, neither can be a CIBC or CIBC affiliate account (e.g., President's Choice FinancialTM1 accounts are excluded); they must also be traditional branch-based personal bank accounts from which CIBC Express Switch can transfer PATs and account balances.

ALW Jul 12, 2007 9:43 pm

TD told me ING doesn't qualify because they don't consider it their competition.

More to the point, I think, they don't offer chequing accounts (and the iPod offer is specific that you have to close a Personal Chequing Account). So the same would apply for Amex Bank of Canada.

PC Financial would probably qualify because it's a chequing account and because it's not owned/run by TD.

Although the Shuffle is easy to get (close and transfer a PCA and set up 2 auto-payments) I'm not going to bother. In fact the internal cheatsheet I saw says that they would recognize two existing auto-payments from a TD account!

=aw

ALW Jul 12, 2007 9:47 pm

Has anyone tried icici Bank (www.icicibank.ca)? They're offering a no-fee PCA for 4.5% which is better than ING's 4.25% and PCFinancial's 4.0%.

They also offer no-fee business accounts which are paying 4.0% right now, better than ING at 3.5% (ignoring the 4.25% rate at ING until Aug 31/07).

=aw

HomerJ Jul 13, 2007 9:00 am

Anyone know...
 
..how long u need to keep the account open to qualify...couldnt find it in T&C's, and one poster says 3 months another says 4...please help.


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