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Revised CIBC special offer . Up to 3% cash back.

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发表于 2010-3-1 10:22 | 显示全部楼层 |阅读模式
CIBC has recently revised its special offer.+ x" K+ ~  j( [' A" ]6 H

' C0 [7 ]/ f' j/ V0 ~5 W3 \We increase our cash back offer from 2% to 3 % if your mortgage amount is more than $400,000. We also decrease our minimium mortgage amount from $125,000 to $75,000 now.   ) F% a8 C' w) M" i8 B9 M
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1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.  U% z+ }% M" A9 {
For example, you transfer 400k mortgage to CIBC, CIBC will deposit 3%*400,00=$12,000 to your bank amount. You can use this money for your vacation, or you can make a lump sum payment to your mortgage to decrease your mortgage amortization.9 k7 Q3 d6 r" A. Y3 S" m1 G
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999  
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You can also consolidation your other debts with your mortgage, for example, you have a car loan $30,000 with 3.9% interest rate, $10,000 AMEX VISA with 11.5% interest, and a mortgage $385,000  with another Financial institution.  If you only transfer your mortgage to us, you only get 2% because the total amount is less than $400,000.  You can consolidate everything with your mortgage, so the total amount will be $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.
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' Y" |: N, ^, Z# ~5 A; K3. $499 Home Equity Line of Credit set up waiver.  If you get a home equity line of credit with CIBC, and use $30,000 in 4 months, CIBC will waive the national fee $499 for you.6 c1 r- S- X! ?* Z  Q
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Pierce Wang- q0 \4 N* j! c% R; N
Financial Service Representative' D. f8 _) b+ N# _
Work# 780-460-3203x236
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发表于 2010-3-3 15:23 | 显示全部楼层
谢谢信息。% _7 v  e$ u. G5 R
不过我查了银行网站,怎么是up to 7% cash back?6 ]) R7 a% @2 P( ?7 Q! L" p( e
http://www.cibc.com/ca/mortgages ... -5prct-csh-bck.html. O9 z, N6 D$ t0 w$ I. y
另外,要享受这个现金返还是否就必须接受银行的posted rate?
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 楼主| 发表于 2010-3-4 10:33 | 显示全部楼层
2# caifan
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, L+ x0 l) F! j0 l  ^+ @For this offer, I cannot give you discounted rate. You will have to accept the CIBC's posted rate.
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 楼主| 发表于 2010-3-29 13:57 | 显示全部楼层
CIBC still hasn't increase the rate yet, but I beileve we are going to increase very soon.
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