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CIBC Select Visa Card
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low interestbalance transfer

CIBC Select Visa Card

3.8
  • 0% all purchases — No rewards program — this is a low-interest card
Annual fee
$29 $0

First year rebated under current offer; $0 for additional cards

Interest rates

Purchases

13.99%

Cash advances

13.99%

Balance transfers

13.99%

Foreign transactions
2.5%

Rated by the CreditCardGuru Editorial Team

A purpose-built debt-management card: the 10-month 0% balance transfer window plus a permanent 13.99% rate can save serious interest versus a standard 21.99% card.

At a glance

Annual fee
$29 $0
Foreign tx fee
2.5%
Network
VISA
Rewards
cash back
Purchase APR
13.99%

Rewards & earn rates

All purchasesNo rewards program — this is a low-interest card0%

Pros & cons

Pros

  • One of the cheapest ways in Canada to pay down card debt
  • Same low rate applies to cash advances

Cons

  • No rewards earned
  • Small annual fee after the first year

Perks & insurance

Key perks

  • Low 13.99% interest on purchases, cash advances and balance transfers
  • 0% introductory interest on balance transfers for the first 10 months (1% transfer fee)
  • First-year annual fee rebate on current offer
  • Free additional cards
  • Up to 10 cents off per litre with Journie Rewards

Insurance

  • Common carrier accident ($100,000)

Rates & fees

Annual fee
$29 $0
Purchase interest
13.99%
Cash advance
13.99%
Foreign transactions
2.5%

First year rebated under current offer; $0 for additional cards.

Compare CIBC Select Visa Card with…

vs MBNA True Line Mastercardvs BMO Preferred Rate Mastercard
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Terms & conditions

Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but CIBC can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on CIBC's own website before you apply.

Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and CIBC's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.

This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.

How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.

CreditCardGuru is not affiliated with CIBC. Trademarks belong to their respective owners.

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Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

  • 200+ Canadian cards tracked
  • Transparent rating methodology
  • Updated continuously

Cite this page

“CIBC Select Visa Card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/cibc-select-visa, updated June 7, 2026.

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