Annual fee
CA$29
Rewards rate
null%-null%
Welcome Bonus
0% interest for up to 10 months on balance transfers with a 1% transfer fee.
Apply Now →on CIBC's website
- No rewards breakdown available
Welcome Bonus:
0% interest for up to 10 months on balance transfers with a 1% transfer fee.
Reward Rate:
No traditional rewards points.
The standout feature of the CIBC Select Visa Card is its low interest rate and introductory balance transfer offer. It excels at providing cost savings for those looking to manage debt rather than earn rewards.
Pros:
- Low interest rates
- First-year annual fee rebate
Cons:
- No rewards
- Limited benefits
The CIBC Select Visa Card is a practical choice for individuals seeking to manage existing debt, thanks to its low interest rate and introductory balance transfer offer. However, it may not be suitable for those primarily interested in earning rewards or bonuses, as it lacks a rewards program and welcome offer.