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CIBC introduces new digital credit and debit card innovations
November 18, 2018
9:06 am
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December 17, 2016
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CIBC introduces new digital credit and debit card innovations

Starting today, clients can get money back on top of any existing card rewards they already receive, while also gaining real-time access and detailed merchant information related to their credit card transactions through CIBC's award-winning digital channels.

The additional money back offer on debit or credit purchases is made possible through a new arrangement with Paymi, a leading Canadian card-linked shopper marketing program. To receive additional cash back rewards, clients can register eligible CIBC credit, debit and prepaid cards online or via the Paymi Mobile App and then shop in-store and online at participating retailers to collect money back on everyday purchases. There's no need to load offers or use coupon codes with Paymi and cash back rewards can be deposited anytime with Interac e-Transfer®. From now until June 1, 2019, CIBC clients who register with Paymi receive double the money back on purchases at participating retailers.


CIBC and Paymi - Get money back with your CIBC cards and Paymi

Of particular interest with this offer are the Privacy T&C -

What information does CIBC send to Paymi?

CIBC is committed to protecting your privacy and personal information. We only share information that's required for your Paymi profile so you can get cash back rewards. To help create your Paymi profile, CIBC will share some personal details:

First and last name
Year of birth
Postal code
Email address

To help you get cash back rewards, CIBC will share some transaction data with Paymi:

Transaction history from 90 days before you register with Paymi

Daily transaction history starting on the day you register with Paymi

Paymi will use this transaction data to ensure that you will receive relevant offers and cash back rewards on all of your eligible purchases.

What if I don’t want to share information with Paymi?

If you do not share your personal information with Paymi, you will be unable to register and receive any cash back rewards.

If you have already registered and do not want to share your information with Paymi anymore, you can de-register and delete your Paymi profile at any time by logging onto your Paymi account online or on the Paymi App.

November 18, 2018
10:18 am
Forum Posts: 184
Member Since:
December 4, 2016
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Eventually the cash back incentive isn't worth the privacy information they take.

Also, keeping track of so much information and logins becomes cumbersome. I'm sure some of us don’t check every account regularly. This is how one gets stuck paying for fraudulent transactions.

I often wait at least one year as well. To see if it's a bait and switch like Tangerine CC rewards.

If I didn't have so many points programs and CCs right now I might give this a hard look. I'm just getting sick of saving a few dollars a year for basically headaches that I have to baby sit and pay attention to.

If it could save me hundreds a year I might give it more thought.

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