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

Pierce.CIBC

CIBC has recently revised its special offer.
6 X8 I" t  M+ p) x+ `  B3 t
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 $75,000 now.   
  I- u$ Q; x+ {, {0 z
& T6 h) Y. G( J3 S3 l
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.
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.

3 E6 T7 c- X4 d/ t" M. v3 @4 X3 g& v2. 2% cash back if you mortgage amount is between $75,000 to $399,999  
- R) E4 \& \- D" h) n! B* R
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.
% P& B: g9 s2 m
$ T( L4 p, C0 Z7 ?) Z. m/ I3. $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.

" h; Z1 ?* g0 j7 r6 Q+ G/ V& g* iPierce Wang
2 p$ V8 O, g8 W" A6 @1 a7 CFinancial Service Representative
9 ^1 d# f  G$ E7 q) G9 h' R7 KWork# 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？
% v* _- B) U4 S+ P+ Qhttp://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
) S. B, `! r' L- ?4 n) T/ e# v
/ v: ~- R, l/ K- N" B  E# ~# 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.