CIBC is currently having a promotion on their new Tim Horton’s Double Double Visa Card! If you get the Visa and bank account, you will get $400 cash back. It looks like a pretty good deal considering the Visa is no annual fees and the cheapest bank account is $10 a month. It looks like you’ll gain at least get $300 profit from this, depending on how long you keep the account. Another bonus with this deal is that the Double Double Visa card has many welcoming bonuses and features that you can read about on our Tim Horton’s post from yesterday.

To qualify, you must:

1. First, open a CIBC EverydayPlus Chequing Account, a CIBC Unlimited Chequing Account or a CIBC PremierService Account.
2. Second, you must register for CIBC Online Banking or CIBC Mobile Banking within 3 calendar months
3. Third, pay a bill or send an Interac e-Transfer to be eligible to receive a $100 cash reward and/or set up at least one eligible recurring direct deposit or at least two different eligible recurring pre-authorized debits to be eligible to receive a $300 cash reward
4. Also, ensure that at least one eligible recurring direct deposit or at least two different and eligible pre-authorized debits goes through your New Account within 3 months of having the new account

This offer ends on October 31st. Keep in mind that interest rates will change from time to time on at least 30 days prior notice to primary cardholders. Cash means cash advances, balance transfer and convenience cheques.

Click here to get the Tim Horton’s Double Double Visa online at CIBC Canada