SLN members can open any new CIBC student account this year for a chance to win $35,000 in Full Ride^◊◊. 

Well, 2020 is officially behind us and I think it’s safe to say there are many things we won’t be missing (social media challenges, virtual hangouts and toilet paper scarcities just to name a few). 

Though we can’t count on what the future is going to look like, we can count on another promising year of Full Ride! 

That’s right, Full Ride is alive and well for 2021 which means another lucky SLNer is going to get $35,000. 

Open any new CIBC student account in 2021 and you’ll AUTOMATICALLY be entered to win $35,000^◊◊ to help cover tuition or payback those lingering student loans. 

(see rules for other ways to enter)

Since many of you are in financial limbo right now, we’ve compiled a list of some of our favourite eligible CIBC student accounts for you to consider:

CIBC Dividend^® Visa* Card for Students

• Get 2% cash back on eligible grocery purchases and up to 1% cash back on everything else ¹
  
• Eligibility to get a free digital SPC membership^†

CIBC Smart™ for Students account

• $0 in monthly fees
• Unlimited transactions including Interac e-Transfer^® service² 
• Eligibility for a free digital SPC membership^†

In our opinion, the CIBC Dividend Visa Card for Students is a huge must-have during times like this! Basically, you can earn cash back on eligible groceries (since patio season has sort of passed its peak) and using your free digital SPC membership means you can save money on everyday quarantine essentials like sweatsuits and chargers! 

And speaking of SPC, if you already have a CIBC youth or student account, you could still be entered to win by registering your free SPC membership if you’re eligible (or see contest rules for additional ways to enter).

Anyways. Someone’s gotta win. Will it be you?

^{† To be eligible for a free SPC membership, you must hold an eligible CIBC product at the time you register for the membership, which you must do through CIBC online or mobile banking. Eligible CIBC products include a CIBC Youth or Student bank account, Student credit card or Student line of credit. A complete list of eligible CIBC products can be found at cibc.com/spc. Joint account holders of eligible CIBC products are not eligible for membership. You must also be a legal resident of Canada who is fourteen (14) years of age or over, but under the age of thirty (30) years if the eligible CIBC product you use to qualify for the membership is a student line of credit. The membership will automatically renew and remain in effect for as long as you hold an eligible CIBC product.}

^{1. Cash back is earned on a tiered basis on card purchases, less returns and not on cash advances, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Cash back is calculated as follows: on the first $6,000 in net annual card purchases excluding grocery on your account, the cash back earned is 0.5%; on amounts greater than $6,000 in net annual purchases excluding grocery the cash back earned is 1%. Earn 2% cash back on purchases (less returns) at merchants classified by the credit card network as grocery stores. All other purchases earn cash back at the regular tiered rate. The 2% cash back offer is only available on the first $6,000 in net annual card purchases at grocery merchants on your account; after that, net card purchases at grocery merchants will earn cash back at 1%. The $6,000 limit will reset to zero after the day your December statement is printed. Terms, conditions and eligible merchant categories may change without notice. Deductions of cash back for returns are made at the earn rate applicable at the time the return occurs. Credits for returns made on your account may result in a deduction of cash back at a higher earn rate, even though the return may relate to a purchase that earned cash back at a lower rate.}

^{Effective February 1, 2021: Earn 2% cash back on purchases (less returns) at merchants classified by the credit card network as grocery stores and supermarkets. Earn 1% cash back on purchases (less returns) at merchants classified by the credit card network as (i) gas service stations and automated fuel dispensers, (ii) local and suburban commuter transportation in Canada including subway, streetcar, taxi, limousine and ride sharing services (excludes merchants that may be classified as travel services or travel bookings such as air transport, car rentals and cruises), (iii) eating places and restaurants, drinking places and fast food restaurants, or (iv) recurring payments that are pre-authorized with a merchant to occur on a regular schedule (e.g. daily, monthly or annually) and classified by the merchant as recurring. All other purchases earn 0.5% cash back. The 2% and 1% cash offers are only available on the first $80,000 in net annual card purchases (meaning all card purchases by all cardholders, at any type of merchant) or $20,000 on grocery stores, supermarkets, gas, service stations and automated fuel dispensers, commuter transportation, eating and drinking places and restaurants or on recurring payments, after that, net card purchases at all merchants, including grocery stores, supermarkets, gas, service stations and automated fuel dispensers, commuter transportation, eating and drinking places and restaurants or on recurring payments will earn cash back at the regular rate of 0.5%. The $80,000 limit and the $20,000 limit will reset to zero after the day your December statement is printed. Terms, conditions and eligible merchant categories may change without notice. Cash back is earned on card purchases less returns and not on cash advances, CIBC Global Money Transfers™, interest, fees, balance transfers, payments and regular CIBC Convenience Cheques. Credits for returns made on your account may result in a deduction of cash back at a higher earn rate, even though there turn may relate to a purchase that earned cash back at a lower rate.}

^{The cash back is accumulated each month, beginning with the January Visa statement, and awarded at the end of the year as a credit on the December statement or, in limited circumstances, at such other time as may be permitted by CIBC. Credit card account must be open and in good standing at the time the cash back is awarded. Cash back will be credited to the Primary Cardholder’s account.}

<sup>Effective December 1, 2020 to January 31, 2021: Cash back is accumulated each month, beginning with the January statement and ending with the December statement. All accumulated cash back is automatically redeemed on the last day of the December statement, resulting in your cash back balance being reset to zero, and applied as a credit on your next statement or, in limited circumstances, at such other time as may be permitted by CIBC. Credit card account must be open and in good standing at the time the cash back is redeemed. Cash back will be credited to the Primary Cardholder’s account.

Effective February 1, 2021: The cash back is accumulated each month, beginning with the January statement and ending with the December statement. Only Primary Cardholders are permitted to make a cash back redemption. Authorized Users are not eligible to redeem cash back dollars. The Primary Cardholder may redeem cash back at any time during the year provided they have a minimum cash back balance of $25 at the time the redemption request is made. The minimum cash back redemption amount is $25. Cash back will be credited to the Primary Cardholder’s account within 5 days of the date the redemption request is made. Any cash back amount that is not redeemed by the Primary Cardholder by the last day of the period covered by your December statement will be automatically redeemed, resulting in your cash back balance being reset to zero, and applied as a credit on your next statement, or, in limited circumstances, at such other time as may be permitted by CIBC. CIBC is not required to credit your account with cash back earned during a monthly statement period if your credit card account is not open and in good standing at any time during a monthly statement period. Credit card account must also be open and in good standing at the time the cash back is redeemed.</sup>

^{2. A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. For CIBC eAdvantage Savings Accounts, a transaction does not include transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking, CIBC Mobile Banking, CIBC Telephone Banking and at CIBC ATMs. Wire payments, and transactions in foreign currency (including cheques written in currencies other than the account currency)}

^{◊◊ NO PURCHASE NECESSARY. Open January 1st, 2021 to December 31st, 2021 to legal residents of Canada who are sixteen (16) years of age or older and are current students of an accredited Canadian university, college or secondary school. One (1) Grand Prize available to be won consisting of: one (1) cheque for $8,750 made payable to the winner; one (1) 1-year GIC for $8,750 opened in the winner’s name; one (1) 2-year GIC for $8,750 opened in the winner’s name, and one (1) 3-year GIC for $8,750 opened in the winner’s name. Odds of winning depend on number of eligible entries received. Math skill testing question required. Full Contest Rules.}

^{Interac e-Transfer is a registered trademark of Interac Inc. used under license.}

^{The CIBC logo is a trademark of CIBC, used under license. All other trademarks are owned by CIBC or related entities.}