Transfer your credit card balance – Get 0% interest for up to 10 months for a 1% transfer fee†, plus a refund of the first year’s annual fee† See full details on the offer below†.
- Transfer up to 50% of your assigned credit limit†
- If you choose to carry a balance and you make your minimum payments on time, a balance transfer could save you money on interest
- Take advantage of this 0% introductory interest rate on balance transfers for your first 10 months. You’ll only have to pay a 1% fee† when you transfer your balance from another card to the CIBC Select Visa Card
- This balance transfer offer is only available at the time of your online application.† Simply tick the checkbox to select the balance transfer option when you’re filling out your application 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 your CIBC Select Visa card to Journie Rewards and use it to automatically save up to 10 cents per litre† at participating Pioneer, Fas Gas, Ultramar and Chevron gas stations†.
- Ongoing Purchase APR: 13.99%†.
- Cash Advance APR: 13.99%†.
Fees & Conditions
Reward points value
We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.
For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:
- Other purchases
First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards – First-Year Annual Fee
Value of subsequent years
For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.
Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) – Annual fee
For credit cards with complimentary airport lounge access, this benefit is calculated as follows:
- 1 access = $40
- Unlimited access = $400 (the value of 10 annual visits)