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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
老杨团队,追求完美;客户至上,服务到位!
CIBC has recently revised its special offer.
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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 $75,000 now.   
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2 g# L9 h, w) _: P$ x5 I4 t% o1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.& l. k* D$ K5 e
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.
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999  ( c. D4 L# f  r8 G% R. G, J+ q
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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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% n5 H/ R; R2 Z8 ?7 P7 Y: g3. $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 $499 for you.5 Z! q$ H1 v2 T7 ^+ u
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Pierce Wang
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发表于 2010-3-3 15:23 | 显示全部楼层
谢谢信息。  C/ c; D0 b- p1 T+ S5 t
不过我查了银行网站,怎么是up to 7% cash back?( x9 A3 t$ A( ]; U, f
http://www.cibc.com/ca/mortgages ... -5prct-csh-bck.html
1 H+ i. m8 {) u5 q, Z1 S% X( A' 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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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
老杨团队 追求完美
CIBC still hasn't increase the rate yet, but I beileve we are going to increase very soon.
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