LINK
Terms:
Switch to a new CIBC Unlimited Chequing Account and set up a CIBC Regular Investment Plan
Get $250
OR
Switch to a new CIBC Unlimited Chequing Account
Get $150
TO QUALIFY for $150:
(i) Open a new CIBC Unlimited Chequing Account (your "New Account") in any branch or by phone between Nov. 1/07 and Jan. 31/08. If you do not already have a CIBC bank account, then New Accounts opened by phone will need to be opened by Jan. 25/08 and applications must be completed in-branch by Jan. 31/08.
(ii) Sign and return the CIBC Express Switch Form by Jan. 31/08. If you already have a CIBC bank account and the New Account is opened by phone, the CIBC Express Switch Form will be mailed to you and must be received back from you, properly completed, at the address on the Form no later than Feb. 15/08.
(iii) Complete the transfer process by giving CIBC Express Switch complete instructions by phone by no later than Feb. 29/08 to: (a) transfer to your New Account at least one eligible, existing recurring series of pre-authorized transactions ("PATs") now being made on an account elsewhere; the PATs may be eligible recurring bill payments from the account or deposits into the account (excluding payroll); and (
transfer to your New Account the full balance of an account you hold elsewhere and close that other account (the "Old Account"). A fee may be charged by your Old Account's bank to make the transfer(s) and/or close your Old Account and may be deducted from your Old Account's balance.(iv) While the account from which you will transfer PATs and the Old Account can be two different accounts, neither can be a CIBC or CIBC affiliate account (e.g., President's Choice Financial®2 accounts are excluded); they must also be traditional branch-based personal bank accounts from which CIBC Express Switch can transfer PATs and account balances. Please ensure that the PAT that you are about to switch is eligible as eligibility may change from time to time and some PATs may not qualify for the switch.
TO RECEIVE the $150:
If you meet all of the qualifying requirements set out in (i)-(iv), $150 will be credited to the New Account approximately 4-8 weeks after requirement (iii) is met, if your New Account is still open and in good standing at that time.
TO QUALIFY for the additional $100:
(v) In addition to meeting all requirements in (i)-(iv), between Nov. 1/07 and Jan. 31/08 set up a new CIBC Regular Investment Plan, which, for the purpose of this offer, is a series of recurring transfers of at least $25 each from any account (at CIBC or elsewhere) on which a CIBC Regular Investment Plan may be set up, to any of these investment accounts: a CIBC Securities Inc. Mutual Funds account (which may hold either CIBC Mutual Funds or CIBC Managed Portfolios), a CIBC Investor's Edge discount brokerage trading account or a CIBC Imperial Investor Service account (each of these is referred to as an "Investment Account"), or buy a CIBC Save-Up GIC and set up a series of recurring deposits to it of at least $25 each from any account. At least $500 is required to purchase a CIBC Save-Up GIC. No other accounts/GICs/products qualify. Your Investment Account may be newly-opened or existing, non-registered or RRSP; the CIBC Save-Up GIC is non-registered. Recurring transfers to an Investment Account must occur at least monthly; recurring CIBC Save-Up GIC deposits must occur every 30 days; in all cases, the first transfer/deposit must occur by Feb. 29/08.
TO RECEIVE the additional $100:
If you meet all requirements in (v), $100 will be paid into the Investment Account to which you set up a Regular Investment Plan or deposited to your CIBC Save-Up GIC between April 15-30, 2008 as long as your Investment Account/GIC, and your CIBC Regular Investment Plan transfers/deposits to it, are still open, effective and in good standing when the payment is to be made. If your Investment Account is a CIBC Mutual Funds account, the $100 credit will be made in the form of additional units to the Mutual Fund or Managed Portfolio for which the Regular Investment Plan was set up. If CIBC determines that it cannot credit that fund/portfolio for any reason, CIBC will make a credit in the form of units to the CIBC Money Market Fund. By participating in this offer, you authorize CIBC Securities Inc. to purchase such units during the above time period. For an Investor's Edge or Imperial Investor Service Investment Account, the $100 will be credited to your cash balance.
General Limits
Limit one offer per customer; in the case of a jointly-held New Account, limit one offer per New Account ("offer" means $150 or the total amount of $250, depending on which requirements are met). For example, if requirement (v) is met by a customer, the maximum credit is $250, no matter how many New Accounts, Regular Investment Plans and/or CIBC Save-up GICs they open/set up, alone or (if the New Account is held jointly) together with the same customers of their New Account. The credit will not be split between accounts. If multiple New Accounts are opened, Regular Investment Plans to Investment Accounts set up and/or CIBC Save-up GICs purchased by the same customer(s), CIBC will decide, in its sole discretion, which Account, GIC or Investment Account (as applicable) will receive the credit.
This offer is not open to existing CIBC Unlimited Chequing Account customers or minors. Please also note: if your New Account, Investment Account and/or CIBC Save-Up GIC is "either or any to sign", any joint customer may withdraw or use the credit without the consent of the other customer(s). Also: Customers are solely responsible for any tax consequences associated with this offer. If the $100 is deposited into a non-registered Investment Account or CIBC Save-Up GIC, it may be a taxable receipt for the customer(s) of that Account/GIC. For RRSPs, your $100 credit will not be treated as an RRSP contribution; as such, no contribution receipt will be issued. Offer cannot be combined with any other offer. CIBC reserves the right, in its sole discretion, to disqualify, limit or revoke this offer in respect of any person who it believes, in its sole discretion, is abusing or manipulating this offer. Please note: By accepting this offer, you agree that the CIBC entities you deal with in accepting this offer may share your personal information with one another to administer this offer.
