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

Pierce.CIBC

CIBC has recently revised its special offer.

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 $75,000 now.   
: v& y# s3 U+ d; ?
3 l$ V; W0 n- C; k+ C6 b
, x0 `5 R0 ~- f$ ]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.
! `4 {, X* {5 [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.
0 i" {# ^( A8 Z' `
! U' G0 _  `' A0 e2. 2% cash back if you mortgage amount is between $75,000 to $399,999  
; }# d' Y2 f' Q* u$ I. L0 k2 c
: G. ~# o+ f. {- n# n3 ZYou 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.

! D" W, L9 Q3 r4 s2 ]- r, v  O4 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 $499 for you.
* b$ S$ s! Q8 f+ b: G9 h/ u# v) ]
Pierce Wang
8 W! T: D; J; O) BFinancial Service Representative
Work# 780-460-3203x236

caifan

谢谢信息。
* ?- u2 ~5 L' s, {) X不过我查了银行网站，怎么是up to 7% cash back？
, }# ]8 q" y) Y/ b. E; bhttp://www.cibc.com/ca/mortgages ... -5prct-csh-bck.html
7 v/ V# k; d# o5 B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


For 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.