Annual fee
CA$29
Rewards rate
0%-0%
Welcome Bonus
N/A
Apply Now →on CIBC's website
- No rewards breakdown available
Welcome Bonus:
N/A
Reward Rate:
Designed for debt management rather than everyday rewards.
What sets the CIBC Select Visa Card apart is its focus on debt management, offering a low interest rate of 13.99% and a promotional 0% interest for up to 10 months on balance transfers, making it a solid choice for those looking to consolidate debt.
Pros:
- Low interest rate
- 0% interest for up to 10 months on debt transfers
Cons:
- Annual fee of CA$29
- Limited rewards program
The CIBC Select Visa Card is well-suited for individuals seeking to manage and consolidate existing debt, thanks to its low interest rate and promotional balance transfer offer. However, those looking for rewards or bonuses may find this card less appealing, as it does not provide any rewards for spending.