CIBC rewards credit card clients

POSTED: 11/15/12 1:02 PM

St. Maarten – CIBC FirstCaribbean unveiled its rewards program. This program allows Visa Gold and Visa Classic credit card clients to earn loyalty points with every purchase they make.

“Our brand promise is to be there for what matters and our Visa Gold and Visa Classic cardholders will experience the extent of this promise through this incentive. From today all purchases made by existing cardholders will earn points, which can be redeemed for cash back to your credit card account, merchandise, or airline tickets and other travel rewards – more choices than any other card.” Managing Director, Customer Relationship Management & Strategy, Trevor Torzsas, said when he lauded the initiative as a significant benefit for the bank’s credit card clients.

All cardholders will earn one point for each $1 spent, or the local equivalent, and can redeem their points with a vast number of online international retailers. CIBC FirstCaribbean Visa Classic and Visa Gold cardholders are also able to donate their points to notable local charities or receive cash back toward their credit card balance. Gold cardholders will soon also be able to redeem their points for travel on any airline with no blackout dates.

Country Manager of the bank’s St. Maarten business, Robert Judd stated that CIBC FirstCaribbean was pleased to partner with its clients in this act of giving, adding that a growing number of charities have endorsed the program.

“We already have a relationship with most of the charities affiliated with the program and we are excited that our clients are now able to support these worthy causes. Once the points have been donated, the affiliate charities will be able to redeem these points for cash, providing a universal way to invest in their respective causes.” Judd says.

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