Transfer your credit card balance – Get 0% interest for up to 10 months with a 1% transfer fee † and a two-year annual fee rebate † .
Check full offer details below † :
Transfer your credit card balance and get 0% interest for up to 10 months with a 1% transfer fee †Once you take advantage of this offer, you will have a promotional rate balance on your account. As a result, you will lose your interest-free grace period on new purchases unless you pay your amount due, including any promotional rate balances, in full each month. While you will enjoy the promotional rate on the balances you transfer by using this offer, new purchases will be subject to the purchase interest rate.
Save on gas with CIBC and Journie Rewards
Link and use your CIBC Select Visa Card with Journie Rewards to save up to 10 cents per litre † at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations. †
There may be a daily maximum amount depending on the type of fees paid
The CIBC Select Visa* Card is one of the best balance transfer Visa credit cards in Canada.
With this exclusive digital offer for this CIBC balance transfer credit card, you get :
You’ll only have to pay a 1% fee when you transfer your balance from another card. Once this promotional period ends, the standard card interest rate of 13.99% will apply to any remaining balance. This interest rate is lower than the rates charged by many other credit cards.
For example, you could pay for major purchases on another credit card (such as renovations, furniture or appliances) and transfer your balance to the CIBC Select Visa* Card to benefit from its 0% interest rate on balance transfers for ten months.
CIBC Select Visa* Card users can also save on gas thanks to the card’s partnership with Journie Rewards, which allows them to save up to 10 cents per litre at participating service stations.
The CIBC Select Visa* Card has an annual fee of $29 (with a two-year annual fee rebate) and requires an annual family income of at least $15,000 to qualify. Despite its lack of additional benefits, the CIBC Select Visa* Card comes with up to $100,000 in Common Carrier Accident Insurance and allows users to add up to three authorized users at no additional cost.
Yes, the CIBC Select Visa* Card has an annual fee. However, depending on promotions, expenses may be reimbursed. Find out more about CIBC.
Yes, by linking your CIBC Select Visa* Card to Journie Rewards, you can save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron service stations.
The CIBC Select Visa* Card offers 0% interest on balance transfers for up to 10 months. You’ll only pay a 1% fee when you transfer your balance from another credit card.
Once the 10-month promotional period is over, a standard interest rate of 13.99% will apply to any remaining balance.
You can make large purchases on another credit card and then transfer your balance to the CIBC Select Visa* Card to benefit from 0% interest on balance transfers for ten months.
Yes, users of this card can save on gas thanks to the partnership with Journie Rewards, which offers savings of up to 10 cents per litre at participating gas stations.
You can transfer up to 50% of your credit limit. If you maintain a balance and make your minimum payments on time, this transfer could save you money on interest charges.
You will lose interest-free and grace periods on new purchases unless you pay the amount due each month, including any promotional rate balance.
When you complete your online application, check the box to indicate that you chose the balance transfer option. After taking advantage of this offer, your account will have a promotional interest-rate balance.
Link your CIBC Select Visa* Card to Journie Rewards and use it at participating Pioneer, Fas Gas, Ultramar and Chevron service stations to save up to 10 cents per litre.
A balance transfer is a financial transaction where you transfer the balance from one credit card to another, often to benefit from a lower interest rate on the transferred balance. With the CIBC Select Visa* Card, you can earn 0% interest for up to 10 months on transferred balances for a 1% fee.
You can pay your CIBC Select Visa* Card balance in many ways, including online via CIBC Mobile Banking, pre-authorized debit from a savings or chequing account, or visiting a CIBC branch to pay in person.
Yes, it is generally possible to withdraw money with a credit card, an operation often referred to as a “cash advance.” However, it’s important to note that cash advances are often subject to high-interest rates and additional fees. We therefore recommend that you read the terms and conditions of your credit card carefully before making such a transaction.
