Weird, haven't received received the $300 yet and also signed up in March and got the email on July 31. Wonder how long I should wait before calling in.
[CIBC] CIBC Earn $300 and 12 Month Fee Rebate with a CIBC Smart Account
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- imawnms
- Jr. Member
- Jul 29, 2016
- 170 posts
- 62 upvotes
- canuckcolehead
- Deal Addict
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- Oct 23, 2006
- 4677 posts
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- Winnipeg
Yes no credit check in branch. Just be sure to state you don’t want an overdraft and decline the credit check. Took me 20 min to open an account in branch.
- angel_wing0
- Moderator
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- Mar 23, 2004
- 41621 posts
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- Markham
I would say call in asap
- Messerschmitt
- Banned
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- Jul 17, 2008
- 11042 posts
- 3821 upvotes
Same. Another account never received the email but just got the $300 bonus. Transaction says Memo Credit back end branch, so it seems it might've been added manually? But we never called in.
I'll keep waiting until the end of the month before calling. The email is a nice proof that we are suppose to get the bonus if we have to call.
There is no requirement to keep the account open for a year. I think you are confusing it with free account for a year promo that is included. You want to close it earlier to avoid any late fee penaltiesheadleygrange wrote: ↑ Remember that the account must be kept for 1 year from the end of the month of account opening date. For example: if you opened the account on July 1st 2020, you can only close the account on Aug 1st 2021.
- headleygrange
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- Apr 13, 2017
- 1334 posts
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Not really. Read the terms here :Messerschmitt wrote: ↑ Same. Another account never received the email but just got the $300 bonus. Transaction says Memo Credit back end branch, so it seems it might've been added manually? But we never called in.
I'll keep waiting until the end of the month before calling. The email is a nice proof that we are suppose to get the bonus if we have to call.
There is no requirement to keep the account open for a year. I think you are confusing it with free account for a year promo that is included. You want to close it earlier to avoid any late fee penalties
Cibc Terms
The Cash Reward is subject to the condition (the “Reward Condition”) that the Eligible Client’s Account must remain open, active and unconverted for at least one (1) year from the month-end of the month during which the Account was opened. Failing this, an Eligible Client may be disqualified (a “Disqualified Reward Client”) and will not qualify for the Cash Reward. If the Cash Reward has already been provided to a Disqualified Reward Client, CIBC reserves the right, in its sole and absolute discretion, to charge the client’s Account for, or send an invoice to the Disqualified Reward Client for, $300 CAD. The Cash Reward must be accepted as awarded and is not transferable or assignable. No Cash Reward substitutions will be permitted.
- Messerschmitt
- Banned
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- Jul 17, 2008
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Well I stand corrected. This is new with CIBC, usually is just BMO. Will have to plan the closing wisely so that I won't pay a month of 4.95 fees.headleygrange wrote: ↑ Not really. Read the terms here :
Cibc Terms
The Cash Reward is subject to the condition (the “Reward Condition”) that the Eligible Client’s Account must remain open, active and unconverted for at least one (1) year from the month-end of the month during which the Account was opened. Failing this, an Eligible Client may be disqualified (a “Disqualified Reward Client”) and will not qualify for the Cash Reward. If the Cash Reward has already been provided to a Disqualified Reward Client, CIBC reserves the right, in its sole and absolute discretion, to charge the client’s Account for, or send an invoice to the Disqualified Reward Client for, $300 CAD. The Cash Reward must be accepted as awarded and is not transferable or assignable. No Cash Reward substitutions will be permitted.
- imawnms
- Jr. Member
- Jul 29, 2016
- 170 posts
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So has everyone who joined in March got their $300?
- qbarnes95
- Sr. Member
- Oct 5, 2014
- 509 posts
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- Ontario
- CalgaryBen
- Sr. Member
- Oct 11, 2005
- 738 posts
- 1371 upvotes
- Airdrie, AB
Signed up March 6, started bi-weekly payroll deposits plus mortgage/car payment PADs same month, but still waiting for my $300.
No e-mail about the $300, but they do have my e-mail address on file since I got the "Thanks for your application." e-mail. I've also been getting the monthly fees rebated, so the fulfillment criteria should be satisfied. Not planning to raise a stink until October, since the T&C mention "The cash reward will be deposited into your account seven (7) months after you have completed the required transactions".
- EDL67134234
- Sr. Member
- Feb 10, 2018
- 957 posts
- 606 upvotes
Got my $300 today.
Last promo for me was in 2017.
Last promo for me was in 2017.
- imawnms
- Jr. Member
- Jul 29, 2016
- 170 posts
- 62 upvotes
- imawnms
- Jr. Member
- Jul 29, 2016
- 170 posts
- 62 upvotes
Yes, yes I did.CalgaryBen wrote: Did you mean October?
- CalgaryBen
- Sr. Member
- Oct 11, 2005
- 738 posts
- 1371 upvotes
- Airdrie, AB
Update: Received $300 as "Branch Transaction CREDIT MEMO IBB BACK OFFICE CENTRE MISSISSAUG" on Friday, August 21, sometime between 7:15am-11:45am MDT (I checked around 7:00am and the $300 hadn't been deposited yet). No action was required on my part (i.e. didn't call in or contact CIBC or anything), so I guess patience was key. Certainly happy here, since this is a couple months ahead of schedule!CalgaryBen wrote: ↑ Signed up March 6, started bi-weekly payroll deposits plus mortgage/car payment PADs same month,but still waiting for my $300.
- dnl-4-ever
- Newbie
- Jul 17, 2010
- 19 posts
- 4 upvotes
- Burnaby
Received $300 as "Branch Transaction CREDIT MEMO IBB BACK OFFICE CENTRE MISSISSAUG" on Friday, August 21 signed up early march. never received any email however.
- RaiderX
- Member
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- Dec 24, 2011
- 355 posts
- 648 upvotes
- NORTH, Canada
I met the requirements over a month ago but no $300 yet. I also didn’t receive an email on 31 July.