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

Pierce.CIBC

CIBC has recently revised its special offer.

  G9 T& z7 G% q$ P9 uWe 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.   

0 c$ j# y/ @. K0 S, G7 v
9 G1 W, D& u# L4 |. u1. 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.
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.
$ {: m; S" ?% t. o& N
4 p: x2 [: l; Q- i$ G2. 2% cash back if you mortgage amount is between $75,000 to $399,999  
/ u- |! W& `' x  V- y- D7 ?. p
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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.
6 d$ F4 q' b+ \, T0 j9 M9 v. P4 T9 d1 Q
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.
6 t  A! v6 [6 [  A& @  g. Y
1 O% K8 E# `5 A+ yPierce Wang
Financial Service Representative
! _" k4 B# [4 g2 a1 ?+ }# tWork# 780-460-3203x236

caifan

谢谢信息。
不过我查了银行网站，怎么是up to 7% cash back？
5 a+ K' G7 m4 B7 phttp://www.cibc.com/ca/mortgages ... -5prct-csh-bck.html
% s( ]# [/ y1 O' y- D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

5 Q* ?& @  |" E* e8 k. \
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.