Credit Cards

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

  • Last Updated:
  • Feb 1st, 2019 4:17 pm
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[OP]
Member
Aug 30, 2013
432 posts
185 upvotes
prairies

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
49 replies
Member
Sep 27, 2004
246 posts
40 upvotes
Ottawa
was in the branch. The girl working there can't find it.
Deal Addict
Oct 22, 2014
2977 posts
1147 upvotes
Toronto
Could this be done online or over the phone?
Sr. Member
User avatar
Nov 23, 2015
597 posts
286 upvotes
Winnipeg
Elfwood wrote:
Mar 12th, 2018 12:40 pm
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 Addict
Oct 22, 2014
2977 posts
1147 upvotes
Toronto
56kbps wrote:
Mar 12th, 2018 3:48 pm
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
597 posts
286 upvotes
Winnipeg
Elfwood wrote:
Mar 12th, 2018 3:51 pm
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 Addict
Oct 22, 2014
2977 posts
1147 upvotes
Toronto
56kbps wrote:
Mar 12th, 2018 3:56 pm
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
597 posts
286 upvotes
Winnipeg
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.
[OP]
Member
Aug 30, 2013
432 posts
185 upvotes
prairies
Do you think this promo will apply if upgrading an existing product to save on the credit hit?
Newbie
Jul 31, 2009
98 posts
18 upvotes
Good to know. Did you need any proof of your business like a webpage?
Sr. Member
User avatar
Nov 23, 2015
597 posts
286 upvotes
Winnipeg
browntrout wrote:
Mar 14th, 2018 4:03 pm
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.
Sr. Member
Nov 30, 2011
891 posts
299 upvotes
GTA
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
8033 posts
2348 upvotes
Toronto
56kbps wrote:
Mar 12th, 2018 3:48 pm
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.
Member
User avatar
Dec 6, 2010
416 posts
84 upvotes
I called this evening and they we were aware of this offer :)

Hopefully I will get approved

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