Flex Rewards Bonus Points Offer
Terms and Conditions
CU Financial Management Ltd., in partnership with Collabria Financial Services Inc. (“Collabria”), is offering Collabria Flex Rewards Bonus Points (the“Offer”) from October 15, 2024, to December 31, 2024, available to new and existing credit union Collabria® issued credit card holders, subject to the eligibility criteria outlined below.
Eligibility Criteria
1. New Assets (registered and non-registered cash, investments, or a combination) must be transferred into a new or existing investment account at Aviso Wealth (the“Qualifying Account”) from an investment firm account outside of CU Financial Management, Aviso Wealth, or Qtrade Direct Investing.
2. Qualifying and Non-Qualifying Accounts:
Qualifying Accounts Include:
(a) Registered Retirement Savings Plans (RRSPs), (b) Spousal RRSPs, © Locked-in RRSPs, (d) Registered Retirement Income Funds (RRIFs), (e) Spousal RRIFs, (f) Life Income Funds (LIFs), (g) Tax-Free Savings Accounts (TFSAs), (h) Non-registered Accounts, (i) Registered Education Savings Plans (RESPs), (j) Registered Disability Savings Plans (RDSPs).
New contributions to existing RRSPs and TFSAs qualify if transferred from an outside investment firm.
Qualifying Investments must have a minimum market value of $25,000 per type of Qualifying Account held at Aviso Wealth, as determined by the valuation method set forth herein.
Non-Qualifying Investments include cash, money market funds, premium savings accounts, GICs, options, personal mortgages, fixed-income securities with a duration of less than six months, shares of CCPCs, units of limited partnerships, or securities that are not listed on a recognized exchange or quoted on a recognized quotation or trade reporting system or other market recognized by CU Financial Management in its sole discretion (collectively,“Non Qualifying Investments”).
3. Transfer Requirements:
The transfer of New Assets from an investment firm into a Qualifying Account must be initiated between October 15, 2024, at 9:00 a.m. Atlantic time (the specific date of transfer is referred to as the“Transfer-In Date”), and no later than December 31, 2024, at 4:00 p.m. Atlantic time.
New Assets must be received into a Qualifying Account by March 31, 2025, at 4:00 p.m. Atlantic time. The assets must remain in the Qualifying Account until June 30, 2025, and the Bonus Points Offer will be paid after this date.
- The credit card application is subject to approval by Collabria Financial Services, Inc. ‘New’ credit card accounts are defined as credit cards which have been applied for between October 15, 2024 – December 31, 2024.
- Flex Rewards Points will be applied to eligible accounts after new assets have been transferred into a new or existing investment account at Aviso Wealth given that the account remains open and in Good Standing at the time the Flex Rewards Points are applied to the account. “Good standing” is defined as no more than two (2) consecutive credit card account statement periods being overdue, closed, charged off or in credit revoked status. If the eligible account is closed or switched before the Flex Rewards Points have been applied to the account, the offer will no longer apply to the account.
- The Primary Investment Account Holder name must match to the Primary Credit Card Holder account name.
- The Promotional Code ‘CUFM’ must be populated at time of application, in order for the offer to be applied.
Valuation and Payment
4. The Flex Rewards Bonus Points Offer is open to CU Financial Management clients of the age of majority in their province of residence.
5. At the time of receiving the Offer, the Member must be a resident of Canada.
6. Valuation of Qualifying Investments will be based on the market value of the Qualifying Investments as of 4:00 p.m. Atlantic time on the Transfer In Date. The final value will be determined on the last transfer date if assets are transferred over multiple days.
7. Bonus points will be 75 points per $100 of assets transferred or deposited. They will be based on the market value of the Qualifying Investments provided the Net Qualifying Investments are $25,000.00 or more, rounded to the nearest $100. The maximum bonus is 75,000 points.
8. The Flex Rewards points will be added into the client’s new or existing Collabria issued credit card account by July 31, 2025, provided Primary Credit Card Holder name on the Collabria issued credit card account matches that of the Primary Investment Account Holder.
9. U.S. dollar accounts will be converted at prescribed rates in effect at Aviso Wealth as applicable, as of the Transfer-In Date to determine whether Members qualify for the points payable pursuant to the Flex Rewards Bonus Points Offer.
10. Clients have until November 30, 2025, to notify CU Financial Management if bonus points are not received. Any notice received after this date will not be accepted, and you will be deemed not to have qualified for the Offer.
General Terms
11. CU Financial Management and Collabria Financial reserve the right at any time without prior notice and in its sole discretion, to add, alter, modify all or any of these terms and conditions or to replace this Offer, wholly or in part, with any other offer, whether similar to this Offer or not, or to withdraw this Offer altogether.
12. CU Financial Management and Collabria Financial reserve the right to suspend, disqualify, limit or revoke this Offer to any Member it finds or believes to be manipulating or otherwise abusing the process, fairness, or integrity of the Flex Rewards Bonus Points Offer.
13. Additional terms and conditions apply to opening an account with Aviso Wealth and transferring and operating accounts at any of CU Financial Management or Aviso Wealth.
14. CU Financial Management shall have the exclusive right to determine the amounts, if any, payable under this Offer.
15. All new accounts with Aviso Wealth will be opened as nominee accounts.
16. CU Financial Management Ltd., Aviso Wealth and Collabria Financial Services Inc. are not responsible for transfers that are not initiated or received and completed by the dates stated in Section 3 due to problems or technical malfunctions of telephone networks or lines, computer online systems or servers, computer software problems or traffic congestion on the internet or at any website, or any other delays on the part of the delivering institution.
17. CU Financial Management representatives not registered with Aviso Wealth will not be involved in investment decisions related to Qualifying Accounts.
18. The Aviso Wealth representative managing the Qualifying Account must be affiliated with CU Financial Management.
19. Online brokerage services are offered through Qtrade Direct Investing, a division of Aviso Wealth. CU Financial Management offers financial planning, life insurance and investments to members of credit unions and their communities. Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds and other securities are not insured nor guaranteed, their values change frequently and past performance may not be repeated. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.
® The Collabria Card is issued by Collabria Financial Services Inc. pursuant to a license. All other trademarks are the Property of their respective owner(s). The Flex Rewards program is operated by Collabria, in conjunction with its provision of credit card accounts. For more details visit reward-headquarters.com/groupCollabriaNational/home.
Collabria Financial Services Inc. (“Collabria”) is an independent entity from your credit union with no ownership interest in the other. If you choose to obtain Collabria credit card services through a referral from your credit union, it will receive compensation from Collabria.