Yes, Another Brag! YIPPEE!!

[ashokia]

So I work at CIBC and a few months ago, my Assistant-Manager convinced me to try and apply for our new Aventura World MasterCard. I didn't think I'd get it because you need a $150,000 family income and ours isn't anywhere near that.

Well I guess being an employee sometimes pays off and I did get it! With my first purchase I earned 15,000 bonus points and over the past few months I've been saving to get up to 20,000 points so I can transfer them to Aeroplan miles and redeem them -I didn't like any of the Aventura rewards...

I checked my balance today and it was over the 20,000 points to I called to transfer my points and in a few days I'll be able to redeem them for 3 $50 GC for Cineplex!! That's another $150 free dollars just for using a credit card instead of a debit card!

WOO HOO!

(I strongly suggest anyone who wants to use a credit card to earn points only spend what you can afford to pay off - the banks make enough money without having to take yours for interest!)

[CourtE]

I love cards that give an added bonus!

[Marzenia]

This is great way to save money! I am collecting Aeroplan for free ticket to go home

[PrincessM]

How much is the annual fee?

[tobiwobi]

Do you get the annual fee waived because you are an employee?

I had a 2% cashback visa from cibc and they had a 4% cashback visa on a promotion and the promotion was waiving the annual fee so I was like what the heck why not. So I get home and read the fineprint booklet and the 4% cashback was only on the money spent AFTER $50,000 in a year, before $50,000 it's still 2%, and annual fee is waived in the 1st year only. Since I never charge anywhere near $50,000 on my visa, that promo was useless to me and I was so upset that the person in the branch and all the banners they had in branch failed to mention the 50K thing, I actually went through the trouble of cancelling everything at cibc and moving over to another bank.

[Aidensmom10]

That is awesome!!! Got to love bonuses

[sweetmomma]

A few nice movie nights for you now!

[Brandy Hunter]

Online it says the annual minimum to have the aventura is 15,000$ income.. (looking for the rewards catalog, haha.. i wanted to check it out)

[ashokia]

Online it says the annual minimum to have the aventura is 15,000$ income.. (looking for the rewards catalog, haha.. i wanted to check it out)

I have the Aventura World Mastercard, not the regular one. (It's actually 70k personal, or 120k family income, my bad )

As an employee I get half the annual fee waived and my interest is also cut in half. (Not that I ever pay any interest).

OMG I SMELL SMOKE!

[ashokia]

Hmm well it's not my apartment, hopefully my building isn't on fire.

[Capergal]

Great brag!!!

I love when you get stuff just for using a card, etc. We deal with CIBC, and I remember many years back having the Gold Visa. I hated paying the yearly fee, though. lol I went back to the cheap old, low interest CIBC Visa. lol

[ashokia]

Do you get the annual fee waived because you are an employee?

I had a 2% cashback visa from cibc and they had a 4% cashback visa on a promotion and the promotion was waiving the annual fee so I was like what the heck why not. So I get home and read the fineprint booklet and the 4% cashback was only on the money spent AFTER $50,000 in a year, before $50,000 it's still 2%, and annual fee is waived in the 1st year only. Since I never charge anywhere near $50,000 on my visa, that promo was useless to me and I was so upset that the person in the branch and all the banners they had in branch failed to mention the 50K thing, I actually went through the trouble of cancelling everything at cibc and moving over to another bank.

Wow, I could see why you would be upset! I hope you called and complained to someone about it! That's definitely not something that should be allowed. I know a lot of the new employees never know all the fine print and it's not acceptable for you to get dupped like that!

[IssyS]

I've been looking into signing up for aeroplan...is it worth it? We have Airmiles right now

[ashokia]

To be honest, I'd prefer Airmiles. I'd love to be able to get Rexall gift cards. DH and I don't even have passports, so I more look for rewards that we'll be able to use. DH actually gets into movies for free anyway, so the $50 dollar cards will go a long way. I might give a few of them away to friends for Christmas.

If you think you might be interested, just go to the website and check out the rewards and different card types. Also I highly recommend waiting until there is a welcome bonus incentive!