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CIBC Select Visa* Card

Everything you need to know about the CIBC Select Visa* Card, one of the best credit cards for balance transfers in Canada.

Updated on: July 4, 2024

Annual fee

$29

Annual interest rates:

13.99% purchases† 13.99% cash advances†

Earning rate:

This card does not earn rewards

Insurance:

Basic

The CIBC Select Visa* Card is one of Canada's best options for balance transfers, with a promotional interest rate of 0%† for 10 months† and a balance transfer fee of 1%.†

Promotional Offer

If you're approved for the CIBC Select Visa* Card, you can enjoy a promotional 0% annual interest rate† on balance transfers made at the time of application.† The promotional 0% interest rate is valid for 10 months†, and there's a 1% balance transfer fee.†

You can transfer up to 50% of your assigned credit limit.†

As part of the current offer, the card's $29 annual fee is rebated for the first two years.†

Perks & Benefits

The primary benefit of this card is its promotional balance transfer rate. If you link your CIBC Select Visa* Card and your Journie Rewards card, you can save up to 10 cents per litre of gasoline at participating Pioneer, Fas Gas, Ultramar, and Chevron gas stations.† With the CIBC Select Visa* Card, there aren't any transaction fees when you send a CIBC Global Money Transfer™†.

Insurance

The CIBC Select Visa* Card comes with   There's also optional CIBC Travel Medical Insurance†, as well as optional  CIBC Payment Protector™ Insurance for Credit Cards.†

This is a digital-exclusive offer.† To be eligible for this offer:

  1. this offer must have been directly communicated to you from CIBC or from a partner/affiliate; and
  2. you must apply for the eligible card through the link provided in the CIBC or partner/affiliate communication to you. †
This offer is reserved for you. Please do not forward it to anyone else. †Terms and conditions apply. CIBC is not responsible for maintaining the content on this site. Please click on the Apply Now link for the most up to date information.

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