TORONTO, June 19 /CNW/ - CIBC announced that its Unlimited Chequing
Account will now give clients the ability to earn Aeroplan Miles every month -
making it the first chequing account to offer this benefit to Canadians.
    Clients who open a CIBC Unlimited® Chequing Account can now earn
monthly Aeroplan Bonus Miles totaling 100 miles per month. In addition, if
they open a new account before September 30, 2008 they are eligible for a
Welcome Bonus of 15,000 Aeroplan Miles.
    CIBC clients who already hold an Unlimited Chequing Account are eligible
for a Thank You Bonus, in addition to the monthly Aeroplan rewards. They will
automatically be enrolled when they provide CIBC with their Aeroplan number
via the branch or telephone banking.
    "By extending Aeroplan Miles to our CIBC Unlimited Chequing Account, we
are rewarding clients for the banking they do every day," said Colette
Delaney, Senior Vice-President of GICs, Deposits and Payments for CIBC. "Our
CIBC Unlimited Chequing Account now delivers more value to Canadians by giving
them unlimited monthly transactions coupled with monthly Aeroplan Miles that
can be redeemed for travel or other rewards."
    New or existing Unlimited Chequing Account clients can easily qualify for
these rewards by enrolling in the Aeroplan Miles benefit and either setting up
an eligible recurring direct deposit or three different eligible recurring
pre-authorized debits on their Unlimited Chequing Account.
    By applying for and using a new CIBC Aerogold VISA Card, clients can earn
an additional 15,000 Aeroplan Miles, for a total welcome bonus of 30,000
miles.
    This could be enough for two return trip tickets from Toronto to
Montreal, or to fly two clients from Victoria to Calgary. Clients looking for
other ways to redeem their Aeroplan Miles can also choose from a wide range of
non-flight reward options that Aeroplan offers, ranging from hotel
accommodations and car rentals to golf clubs, a gift card for their favourite
store, or an intimate dinner at home prepared by a personal chef.
    "By adding a CIBC Aerogold Visa card to an Unlimited Chequing Account,
CIBC clients can realize their travel dreams sooner with 30,000 Aeroplan Bonus
Miles up front," added Delaney. "Whether you want to visit family and friends,
or enjoy one of Canada's exciting summer attractions, CIBC can help take you
there. There's never been a better time to move your day-to-day banking to
CIBC."
    "Every day, on average, 2000 CIBC Aerogold Visa customers already fly
with their Aeroplan Miles. We look forward to adding to the number of CIBC
clients who travel thanks to the benefits of our CIBC Unlimited Chequing
Account."

    CIBC is a leading North American financial institution with nearly
11 million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.
You can find other news releases and information about CIBC in our Press
Centre on our corporate website at www.cibc.com.

    ® Reg. TM of CIBC. TM Trademark of CIBC.