CIBC Select Visa
The CIBC Select Visa Card is one of Canada’s most accessible and affordable low-interest credit cards, designed for people who want to save on interest, consolidate debt, or carry a balance more affordably. With a competitive ongoing interest rate, a low annual fee, and an attractive balance transfer offer, it’s ideal for Canadians looking for simple, low-cost credit management.
✅ Low interest rate of 13.99% for purchases and cash advances.
✅ Annual fee of $29 is rebated for the first year.
✅ 0% interest on balance transfers for up to ten months.
Key Features
Understanding the key features of the CIBC Select Visa Card is essential for evaluating its suitability for your financial needs. Here are some of the highlights:
- Low Interest Rate: The card offers a purchase and cash advance interest rate of 13.99%, making it a competitive option for those who may carry a balance.
- Annual Fee: The annual fee is $29, but it is rebated for the first year and also for up to three additional cardholders, making it a cost-effective option for families or couples.
- Balance Transfer Offer: New cardholders can transfer their existing credit card balances and enjoy 0% interest for up to ten months, with a one percent transfer fee. This feature is particularly beneficial for those looking to consolidate debt.
Who Is It For?
The CIBC Select Visa Card is ideally suited for individuals or families looking to maintain a budget while having access to credit. It’s particularly beneficial for:
- Those who want to transfer existing credit card balances to save on interest payments.
- Individuals who travel frequently and would benefit from insurance coverage.
- Drivers looking to save on fuel costs through the Journie Rewards program.
Apply for the CIBC Select Visa Card Today
Take control of your finances with one of Canada’s most affordable credit cards. Transfer your balance at 0% for 10 months, pay only 13.99% interest ongoing, and enjoy peace of mind with simple, low-cost borrowing. Apply now for the CIBC Select Visa Card.
