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CIBC

CIBC Select Visa

Pay down debt faster with one of Canada's lowest purchase interest rates at 13.99% and a 0% balance transfer offer for 10 months. First-year annual fee rebate, free additional cards and complimentary Skip+ membership included.

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Starting an application here does not affect your credit score. A credit check happens only when the issuer takes it further.

Annual fee

$29

Purchase rate

13.99% (purchases); rises to 19.99% penalty rate after 2 missed payments in 12 months

FX fee

2.50%

Grace period

21 days

What this card pays you

Groceries
0.00%$0
Dining
0.00%$0
Gas
0.00%$0
Transit
0.00%$0
Travel
0.00%$0
Bills & subscriptions
0.00%$0
Everything else
0.00%$0
Net value$29−$29

This figure reflects your spending profile against this card's published earn rates, minus the annual fee. Category caps, welcome bonuses, insurance and lounge benefits, and first-year fee waivers are excluded from this estimate.

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Rewards in full

  • No points/cash back
  • low-interest card with 13.99% purchase rate, first-year annual fee rebate, Journie Rewards fuel savings and complimentary Skip+ membership

Rates & fees

CIBC Select Visa: Rates & fees
Annual fee$29
Supplementary card fee$0 for up to 3 additional cards
Purchase APR13.99% (purchases); rises to 19.99% penalty rate after 2 missed payments in 12 months
Balance transfer intro0% for 10 months on balance transfers of $100+ (up to 50% of credit limit), with a 1% transfer fee
Balance transfer rate13.99%
Balance transfer fee1% of amount transferred on the current promotional offer (disclosure permits up to 3%)
Cash advance$5.00 per cash advance in Canada, $7.50 outside Canada; cash advance APR 13.99%
Foreign exchange fee2.50%
Grace period21 days
NetworkVisa

Important information

Rates, fees, and offers come from the issuers and can change without notice. Confirm every detail on the issuer's site before you apply. We provide comparisons and application intake only; approval decisions rest solely with the issuer.

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