[RSS][CBC-TOP] CIBC customers dinged when bank adds $5 fee to e-gift cards, calling them a 'cash advance'

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[RSS][CBC-TOP] CIBC customers dinged when bank adds $5 fee to e-gift cards, calling them a 'cash advance'

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ImageCIBC customers who recently bought e-gift cards for Starbucks, Home Depot, Canadian Tire and a host of other stores were surprised to see a $5 fee added to the transaction on their credit card statements. CIBC initially said it considers the gift cards a “cash advance,” but has now decided to scrap the fee.

Source: https://www.cbc.ca/news/gopublic/cibc-g ... 77?cmp=rss
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