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CIBC Aerogold Visa Card for Business - FYF - 30,000 AP Sign Up Bonus - In Branch only.

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  • Feb 20th, 2020 7:21 pm
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Sr. Member
Aug 30, 2013
824 posts
999 upvotes

CIBC Aerogold Visa Card for Business - FYF - 30,000 AP Sign Up Bonus - In Branch only.

Found deal posted on the following blog: https://princeoftravel.com/blog/cibc-ae ... r-business (credit to him for the find)

Highlights:

-Up to 30,000 Aeroplan miles by signing up for this card before October 31, 2018. $180 AF is waived for the first year.
-20,000 Aeroplan miles upon first purchase, and a further 10,000 miles after completing $1,000 in spending on the card within the first three months.
-Available in-branch only, so you won’t see anything about it online. (CIBC webpage for this card only indicates the “standard” offer of 20,000 welcome miles, with no fee waiver.)
-branch representatives can view this offer under the “Travel Rewards Cards for Small Business” section of their credit card promotions portal
-earn 1.5 Aeroplan miles per dollar spent on travel and gas purchases, and 1 Aeroplan mile per dollar spent on all other purchases.
-Flight and baggage delay insurance of up to $1,000, which comes in handy if you need to replace your incidentals due to a delay
-Car rental theft and damage insurance, which can replace the insurance fees that car rental companies are infamous for charging
-$500,000 Common Carrier Accident insurance, which protects you in case of a travel-related accident
-Trip cancellation and trip interruption insurance of up to $1,000 per insured person, which protects against unforeseen factors affecting your travel plans
55 replies
Member
Sep 27, 2004
330 posts
52 upvotes
Ottawa
was in the branch. The girl working there can't find it.
Deal Fanatic
Oct 22, 2014
5443 posts
3919 upvotes
Richmond Hill
Could this be done online or over the phone?
Sr. Member
User avatar
Nov 23, 2015
907 posts
595 upvotes
Elfwood wrote: Could this be done online or over the phone?
Yes. Call the small business desk. Don't waste your time with branches and hoping you luck into the 5% of CIBC employees who have any idea about this product.
Deal Fanatic
Oct 22, 2014
5443 posts
3919 upvotes
Richmond Hill
56kbps wrote: Yes. Call the small business desk. Don't waste your time with branches and hoping you luck into the 5% of CIBC employees who have any idea about this product.
Thanks! What business info do I need to provide? I have a sole proprietor
Sr. Member
User avatar
Nov 23, 2015
907 posts
595 upvotes
Elfwood wrote: Thanks! What business info do I need to provide? I have a sole proprietor
When I called they wanted the basic details about my business. They asked for registration information, etc. but I told them that since the revenues were low I operated as a sole proprietorship and declared income on my personal tax return. They didn't press the issue.

IMO they were asking to fill in the boxes on the form, not because they were trying to trip people up.
Deal Fanatic
Oct 22, 2014
5443 posts
3919 upvotes
Richmond Hill
56kbps wrote: When I called they wanted the basic details about my business. They asked for registration information, etc. but I told them that since the revenues were low I operated as a sole proprietorship and declared income on my personal tax return. They didn't press the issue.

IMO they were asking to fill in the boxes on the form, not because they were trying to trip people up.
so in such a case, did you have to provide your SIN to fill the box for business registration?
Sr. Member
User avatar
Nov 23, 2015
907 posts
595 upvotes
No, I didn't provide the SIN. The only thing I had to provide were a couple of paystubs to verify salary income. Once it was established that my business income was a small proportion of my overall income, they stopped asking about that and just focused on my salary.

IMO the bigger you declare your business income to be, or the bigger of a proportion of your overall income you declare business income to be, the pickier and more inquisitive they're going to be about the business.
Sr. Member
Aug 30, 2013
824 posts
999 upvotes
Do you think this promo will apply if upgrading an existing product to save on the credit hit?
Jr. Member
Jul 31, 2009
146 posts
36 upvotes
Good to know. Did you need any proof of your business like a webpage?
Sr. Member
User avatar
Nov 23, 2015
907 posts
595 upvotes
browntrout wrote: Good to know. Did you need any proof of your business like a webpage?
It's hard to imagine a scenario where a bank would accept a webpage as adequate proof that a business exists.
Deal Addict
Nov 30, 2011
1161 posts
518 upvotes
HRM
I applied for this card a few years ago. At that time a similar promo was available online. After the first and second years, I have called to cancel and they have offered to waive the fee if I keep the card. I guess they value the 30K spend I put on it every year.
Deal Fanatic
Feb 15, 2006
9183 posts
3861 upvotes
Toronto
56kbps wrote: Yes. Call the small business desk. Don't waste your time with branches and hoping you luck into the 5% of CIBC employees who have any idea about this product.
Are you certain you can get AF waived by calling? There was a similar offer for personal ae visa cards and it's in-branch only, calling doesn't give FYF.
Sr. Member
User avatar
Dec 6, 2010
500 posts
214 upvotes
I called this evening and they we were aware of this offer :)

Hopefully I will get approved
Sr. Member
User avatar
Nov 23, 2015
907 posts
595 upvotes
Arrgh wrote: Are you certain you can get AF waived by calling? There was a similar offer for personal ae visa cards and it's in-branch only, calling doesn't give FYF.
That's what they told me. First month statement came with $180 AF billed, I called to ask what was going on and they said that it would be rebated in a couple of months. So I guess you have to be prepared to front CIBC the AF for a while until you get it back. Not that dissimilar from what TD used to do with some of their FYF Aeroplan Visa Infinite promotions as I recall.
Member
Oct 29, 2016
316 posts
137 upvotes
Just applied for Aerogold Visa (business) over the phone. They offered the same 30k AP + FYF that I thought you need to do in branch. On the website it is only 20K AP + $180 AF
It was a really long phone ap. I was put in pending, had to speak to a credit specialist to just confirm a couple details, and told 3-5 days to wait for approval.

On the TD AP card I did last year, the $120 AF was charged to me and I had to pay it before getting the rebate so I expect the same thing here.
Deal Addict
User avatar
Nov 4, 2012
1145 posts
544 upvotes
I'm going to the branch to do this if i don't get the 30K at least I have someone to complain on about.
Sr. Member
Aug 1, 2007
807 posts
98 upvotes
Waited an hour and 8 mins, transferred 4 times and then told I have to go in. Such a waste of time.
Deal Addict
Aug 1, 2008
1038 posts
90 upvotes
GTA
Killer_Saves wrote: Waited an hour and 8 mins, transferred 4 times and then told I have to go in. Such a waste of time.
Their phone-in routing is pretty horrible. Depending on the number you call (they give you a different number depending where you look on the website), you'll be transferred a few times. On top of that, I got randomly disconnected from my first call and had to repeat the process all over..

Eventually got through to the right department and they were able to see the card and the sign-up promo. I was also informed that the FYF deal for the personal CIBC Aeroplan infinite Visa (and 15K welcome bonus) is available over the phone. Interestingly, I went into the branch a few weeks ago and asked the Financial Services Rep about it and they were unable to find it. Go figure. Not impressed with these guys at all.

Anyways, applied for the Business card and now CIBC is asking for income verification. First cc application that has asked for that out of all of the ones I've done.

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