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

Pierce.CIBC

CIBC has recently revised its special offer.

$ h# j/ ^* R* j" s4 vWe 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.   
6 E: y& H! U6 `; }

# n9 _1 M  w# p- H1. 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.
4 M9 T% t; ~; B3 g0 B4 MFor 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.

7 |  |' t) F' t1 C1 s* F  |2. 2% cash back if you mortgage amount is between $75,000 to $399,999  

% ^/ R7 J* Y! f7 c4 tYou 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.

4 _. T% I/ H2 w7 [% ?3. $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 $499 for you.
+ G, C$ Z; P0 ?$ m) `" f
% R0 x8 u7 S' p# i' J0 LPierce Wang
; l' L9 a+ h. ]8 N/ M; R5 jFinancial Service Representative
4 m- _1 g* D: D7 p! OWork# 780-460-3203x236

caifan

谢谢信息。
; ~1 a! X2 b- Y, D) O不过我查了银行网站，怎么是up to 7% cash back？
http://www.cibc.com/ca/mortgages ... -5prct-csh-bck.html
另外，要享受这个现金返还是否就必须接受银行的posted rate？

Pierce.CIBC

2# caifan

& ^& `3 I3 ~0 W/ L/ C3 |
, o6 g3 O. F+ @2 yFor this offer, I cannot give you discounted rate. You will have to accept the CIBC's posted rate.

Pierce.CIBC

CIBC still hasn't increase the rate yet, but I beileve we are going to increase very soon.