CIBC just released a terrifying restriction that targets churners, which may signify a dark future for churners.
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Update: So I’m testing the card. When you get it, you have to do a mini application which does a soft check on your Equifax. Your initial load has to be in a foreign currency, and has a 2.5% spread. The initial load has to be the equivalent of $CAD 100. After the initial purchase, you can load the card with Canadian Dollars. The address you want the card sent to has to match the card used for the initial purchase.
CIBC has started a promotion, only eligible at their Calgary branches. You have to open a chequing account and complete some “tasks” to get $400. This promotion ends April 30, 2015. There are a number of restrictions and requirements in their terms and conditions:
Many credit cards offer travel insurance when the full cost of your ticket is charged to your credit card. However, what if you used points, and only used your credit card for the taxes and fees? Today's Sunday Reader Question is: what credit cards provide travel insurance coverage for Aeroplan tickets?
CIBC is currently offering a promotion where you signup for the Tim Horton’s credit card (no fee), open a chequing account, do a couple activities on that account, and they’ll deposit $400 cash into the account.