CIBC Air Canada AC Conversion Card Ends Manufactured Spending

CIBC Air Canada AC Conversion Card Ends 

Manufactured spending is one of the vehicles travel hackers use to generate points. This is simply manufacturing credit card spending, instead of real spending to create transactions that generates points and later on to deposit the money back into the account.

I am not going into the detail of manufactured spending. The CIBC Air Canada AC Conversion Visa Prepaid Card was one of the easiest ways to create manufactured spending in Canada.

The AC Conversion card had a feature that let you load Canadian dollars from other credit cards and unload Canadian dollars from CIBC bank machines at no cost. This would create transactions on the credit cards you are loading from to generate points.

Initially the limit was $3,000 a day, then it was reduced to $2,000 a day. When card management found out what’s going on, they reduced it $100 per day because they were bleeding money paying other credit card fees.

In the interim, many people got points and miles millionaires utilizing the loophole. It was like a dream come true for travel hackers to easily generate points using the AC Conversion card.

However, now CIBC Air Canada AC Conversion Card has decided that they still can’t afford to give away $100 per days as they can’t recoup the expenses and they are closing the loophole beginning April 13, 2018. After this date, Canadian currencies are no longer allowed to load and unload. You can load other supported currencies, however. If you try to load other currencies and unload Canadian dollars, the machines will dispense US$. So it will no longer make sense to use this card to create manufactured spending and the loophole that existed for many years will be sealed.

If you would like to watch my video on this, click on this link.

CIBC AC Air Canada Credit Card Ends

On my YouTube channel, you will find more videos like this.

Where Is My CIBC Aerogold Visa Infinite Card?

My CIBC Aerogold Visa Infinite Card?

Today I will talk about my experience applying for a CIBC Aerogold Visa Infinite credit card. What could have possibly gone wrong went wrong with the process and that’s what I will share.

On Jan 13, 2018, I called in to apply for a CIBC Aerogold Visa Infinite card and an American Express AeroplanPlus Gold credit card. Within a week, by the following Friday, my Amex AeroplanPlus Card arrived, but there was no news from CIBC.

After around 10 days, I received a call from CIBC asking to call them back for further information. When I called back, the guy asked me what credit limit I wanted. For example, $5,000 or $10,000, or something else. I mentioned that $5,000 would just fine. He said I should be receiving my card shortly.

3 weeks passed and nothing arrived, so I called them again. They had difficulty tracking my application, but finally they were able to find it. I was told that the last person I talked to did not do his job or he forgot and no credit card was mailed out. They said it would be mailed out shortly. I was still calm and accepted CIBC’s poor service.

The next day, on Feb 5, 2018, I received another email from CIBC asking to call them again for information verification. It was like deja vu. So I called back as I got irritated. The rep was apologetic and mentioned that it was their back office that caused all these delays and assured me this time it would be OK.

Finally, nearly after one month, I received my card in the mail. I never had this type of issue with anyone else before. My credit score is usually above 800 and I get whatever credit card I apply for right away. So this was a lesson for me on how disorganised and inefficient CIBC’s back office is.

Another thing I found out is that CIBC’s regular credit card customer service (not the lost or emergency line) is not open 24 hours. It is very important to have a credit card that offers 24-hour customer service. You just never know when you need to call them. For example, you are travelling and your card is declined or you just have a question and you can’t get a hold of anyone due to a time difference.

I have a few CIBC credit cards, but none of them are my primary credit cards. And due to poor customer service, I intend to keep it that way.

Scenic Caves Entrance Area

Scenic Caves Ontario Canada

First Published on: Aug 22, 2008 ADawnJournal.com

This is one of my Blue Mountain Trip video clips. On a recent trip, I visited scenic caves and suspension footbridge in Blue Mountain. I will be posting video clips of these shortly. This is a clip showing the entrance area of Scenic Caves. This is where you can sit back and relax by the water just before climb through blue mountain Scenic Caves. You will find gemstone mining, a pond, Muskoka chairs, lots of seagulls, gift shop, eco log cabin and much more here.

WestJet Starts Its Ultra-Low-Cost Carrier Swoop

Swoop (Fly) Within Canada for As Low As $39 One-Way

Video Link: https://youtu.be/U_1jRE8e8Y0

A return flight within Canada can cost more than a return flight to Europe. But those days will soon be gone with Canada’s new budge airline Swoop offering ultra-low-cost flights within Canada.

A one-way flight between Abbotsford to Edmonton is as low as $39 one-way. However, there is a catch. You will not be fly out of major airports in big cities such as Toronto or Vancouver. Instead, Swoop operates out of smaller cities’ airports, such as Hamilton in Ontario or Abbotsford in British Columbia. These locations are an hour or more commute from big cities.

Also, you are allowed to have only one personal item. Anything extra will cost you money and so are extra amenities like WiFi, movies, snacks, drinks, and so on.

Most travellers wouldn’t mind paying for the extra items, given the fact they are getting such great deals on fares.

Swoop will start flying in June, but booking is available on its website (www.flyswoop.com) starting in June.

There are more low-cost carriers currently operating or will be operating from Canada internationally or locally. Here is a list of what we have so far:

Wow Air – Iceland based. Started in 2015.

Primera Air – Denmark/Latvia based. From May, 2018.

Flair Air – Kelowna based. In operation.

Jetlines – Vancouver based. From June 1, 2018.

Swoop – Owned by WestJet. From June, 2018.

More carriers mean more competition and lower prices. I hope we will see more of these low-cost carriers to make flying more affordable for Canadians. According to the 2017 Flight Price Index Canada ranks 65th out of 80, making it very expensive to fly out of Canada.

The Best Small Business Ideas

Top Small Business Ideas and Tips

When you decide to start a small business, you need to determine what idea is going to work the best for you. There are often many ideas to choose from, but the world is changing and the entrepreneur has to change with it. So, in the 21st century, what ideas for a small business are the best? You have to consider how easy it is to start up, and how much it costs. So, here are some of the best businesses to start up as an entrepreneur

1. Yoga Instructor: You don’t need a studio, you can go directly to your clients and all you need is a yoga certification to start this job, making it very cheap to start.
2. Tutoring: If you are skilled in something, then being a tutor is a very cheap business to start. All you need are the books for what you are teaching and a few flyers put up around schools. At that point, you will have everything you need to start this business.
3. Consulting: If you are an expert in a particular sector, then you may want to start a business working as a consultant. You will help businesses and individuals do better in their industry by using your own knowledge to help them.
4. Medical/Legal Transcribing: If you can type fast, have the right equipment and can do a training course, then this is a good business to start because of its low cost and high demand.
5. Web Design: The internet has been around for 15 years, and yet there are still millions of people who need websites to add to the billions already online. If you can make a good web site and have the skills for it, then this is a good job for you. It will allow you to do business from home, while making a lot of money.
6. Photography: If you have a good camera, know how to use it and love to take pictures, then photography may be a good business for yourself. As a photographer, you would take pictures of families, birthdays, weddings, funerals and more. You will also be able to sell pictures online, while editing photos and selling them at everything from sporting matches to school events.
7. Interior Design: If you know how to make things look good and like to do interior design in your own home, then you may want to consider doing it in another person’s home. It is a good business that is easy to start up, cheap to run and highly in demand.
8. Personal Shopper: Do you love to shop and want to spend someone else’s money? Then you can shop for people who are too busy to shop for themselves. This is a good business that is fun, cheap and easy to start up.

As an entrepreneur, you need to find a business that is going to work for you but is going to be cheap to start up. The right business, at the right price, in the right market, can make you a lot of money.
First Published: Published on: Oct 24, 2010 EntrepreneurJourney.com