Sunday, October 19, 2014

Get $400 cash when you open a CIBC checking account and visa card

CIBC has a very good deal to get people open a checking account and the new CIBC Tim Hortons Double Double visa card right now. Details can be found on cibc web site.

https://www.cibc.com/ca/visa/doubledouble-visa-card.html?WT.mc_id=Int-SPOT-TimHortons-DD-E

I am very happy to receive the $400 cash from CIBC in Sep 2014. I am going to close it after 3 month as the checking account has monthly fee ( everyday plus checking account has the lowest fee $9.95/month ). WIth President Choice checking account, I really don't need the cibc checking account.

I put this post in invest category, the cost for this deal is my time and effort to set it up, the return is $400 - $9.95x 4 = $360 for 3 month. the visa card also has $20 award after $$200 spending. so the return is really $360+$20 = $380.

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