Everyday and Specialty Cards

by John Stevenson on December 15, 2014

CIBC offers the full suite of business and consumer banking products and investment vehicles. Clients of CIBC choose from mortgage and unsecured loans, credit cards for different credit profiles, and other products.

Retail and Rewards Cards and Added Benefits

Customers can choose from different credit cards that allow purchases in Canadian dollars or U.S. currency. Visa cards go with beneficial features such as signature shopping, roadside dispatch, rewards programs, and other privileges. Some cards by CIBC feature aeroplan and rewards points while others go with Petro points for generous fuel savings. CIBC features handy tools for online bill payment and improved security. Secured cards are also available to international students and Canadians with less-than-perfect credit. The bank also offers retail rewards and travel cards with premium privileges and benefits such as welcome bonuses of 25,000 aeroplan miles, extra miles for purchases at select retailers, and grocery and gas purchases, preferential treatment, and other perks.  Cardholders are offered access to exciting events, weekend getaways, escapes, discounted airfare, and other travel privileges.  Holders also earn extra rewards points at participating inns, hotels, spas, and restaurants and there are no hidden costs or fees. Flights to Europe require between 50,000 and 70,000 air miles. Emergency cash advances and personalized checks are also available.


CIBC partners with merchants and hotel chains that offer weekend gateways, tickets for exclusive performances, and travel. Customers who wish to minimize their carbon footprint can choose from a selection of green products such as bags, bamboo sets, organic towel sets, cutting boards, cookware sets, outdoor composters, and a lot more. There are other shopping categories, and customers are free to browse by brand and mileage level. Items such as bamboo kitchen sets and carbon offsets require less than 10,000 aeroplan miles while items such as electric bikes, laptops, and push mowers require 50,000 to 100,000+ points. There are gift cards for long distance calls, entertainment, and coffee breaks. You can also support charities such as Veterinarians without Borders and Engineers without Borders.

Borrowing Solutions for Businesses

Business customers can choose from Visa cards with competitive rates and spending limits of up to $50,000. The Aerogold Visa Card for Business, for instance, features travel privileges by Visa and Air Canada, aeroplan miles, priority boarding, guaranteed reservations, and gift cards. The Canadian Imperial Bank of Commerce also offers government supported programs, mortgages, franchise financing, and retail lending services.

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Eligibility and Information Required for Students

by John Stevenson on December 3, 2014

The main benefit to holding a student card is better purchasing power. While financial institutions advertise multiple benefits, customers pay foreign purchase transaction, late payment, and other fees. A prepaid card is one alternative, and the main benefit is that interest is not assessed. Banks and unions advertise student credit cards with bonus points on entertainment and dining. Many issuers offer cards to students who are enrolled full-time and are new to credit. Consumers use student cards to pay for meals, tickets, books, and textbooks.

There are other options, one being to apply with an adult cosigner or to obtain a card jointly. Financial institutions also offer cards that are specially designed for students and feature discounts and promos on school supplies. There are banks that feature student cards with cashback on department store and online purchases. Easy approval is advertised by many banks, and students with a score of 600 – 650 qualify. The average credit score is around 670, and students who qualify are offered cashback on gas, restaurant, and other purchases. Some cards feature rotating cashback categories while others feature exclusive experiences. Issuers offer rewards points that can go toward investment tools, cash rebates, and so on.
These cards are designed for customers enrolled in an university or college. Banks ask about income and outstanding balances to check the applicant’s debt-to-income ratio. Credit rating, assets, and loan balances are the main factors banks look into. Issuers accept applications from graduate and undergraduate students. Financial institutions request employment information such as job type and job category and employment type. To get approved, students are asked to present proof of residence and valid ID.

U.S. Dollar Cards

Depending on their credit rating and profile, students can apply for rewards, no annual fee, and other types of cards. One option is to apply for an U.S. dollar card which is a good choice for extended stays in the States and short trips. These cards allow students to buy textbooks, supplies, and tickets from U.S. stores, airlines, and other retailers. Student cards are often used to pay unexpected expenses, for example, family emergencies, computer breaks, trips to the ER, etc. Students use cards to pay insurance, parking tickets, and other costs.

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Rewards Cards for Business Owners

November 23, 2014

Scotiabank offers convenient banking and borrowing tools such as currency and account services, credit cards, and lines of credit. Cards come in different versions, including student, low interest, cashback, and others. Scotiabank features cards by American Express and Visa and offers perks such as travel benefits, special promotions, extended interest-free periods, and many others. Customers […]

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Airmiles Cards with Exclusive Benefits and Points toward Short and Long Haul Flights

November 14, 2014

Airmiles cards are offered by Canadian credit unions, small banks, companies, and big banks such as CIBC, Toronto-Dominion, Royal Bank of Canada, and others. Specialty cards offer perks and exclusive benefits such as sign-up bonuses, frequent travel programs, travel statement credits, miles back, and affordable interest rates. Benefits for Cardholders Customers enjoy premium benefits such […]

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A Range of Services by TD

November 4, 2014

Customers of TD Bank are offered a wide array of banking and borrowing solutions, investment products, treasury management, and more. Individual and business clients are offered lines of credit, commercial mortgages, and small business financing. Clients are offered standard, secured, and rewards cards with cash rewards and competitive rates. There are specialty cards that earn […]

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Rewards, CashBack, and Other Prepaid Cards

October 27, 2014

There are prepaid cards for online shopping, better sense of control, and financial flexibility. Types of Prepaid Credit Cards Clients are offered standard and student prepaid cards, and the latter are designed to control spending. Gift cards are one option to give money to friends, relatives, and family. Youth cards are offered to parents to […]

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Consumer Credit Cards

October 15, 2014

Customers are offered plenty of choice, from commercial mortgages and business loans to specialized banking, accounts, and credit cards. The bank features different types of cards, including premium, standard, student, and others. Rewards Points Specialty cards feature premium flight discounts and points redeemable for merchandise, including wireless speakers, blankets and duvets, headphones, and more. Clients […]

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Credit Cards for Exclusive Experiences, Promos, and Membership Rewards

October 5, 2014

With a selection of business and personal banking tools, Capital One offers business, investment, and borrowing solutions : http://capital-one-credit-card.creditcardreview.ca/ The bank features popular small business and consumer cards with introductory interest rates, unlimited cash rebates, bonus miles, and other added benefits. Credit Rating and Options The bank requires that customers provide their social insurance number to […]

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Personal and Business Cards to Get Control of Your Financial Life

September 30, 2014

Different secured and unsecured cards are offered by Canadian banks and credit card companies. There are different ways to apply for a card, including online and at the local branch. Canadian issuers request financial, employment, and personal information, including your credit score, authorized users, and types of accounts owned, i.e. savings, checking, high interest, money […]

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Using a Secured Loan or Credit Card to Rebuild Credit

September 5, 2014

Secured loans and credit cards are offered to persons with less-than-perfect credit, and they are easier to obtain. Borrowers with poor credit have a better chance of getting approved for a secured loan if they offer collateral to the lender. Thus, risk is less of a factor. People who apply for a secured credit card […]

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