Card Details

Bank Name: CIBC
Network Type: VISA
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (2)


Annual Fee: $0
Additional Card Fee: $0
Purchases Interest Rate: 13.99%
Cash Advance Interest Rate: 13.99%


Personal Income Required: $15000
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

CIBC Select Visa Card Review

Welcome Bonus: Transfer your balance and get 0% interest for up to 10 months with a 1% transfer fee.
CIBC Select Visa Card snapshot

CIBC Select Visa* Card review

Stay on budget

Enjoy a low annual fee.

Passenger protection

Get accident coverage with Common Carrier Accident Insurance

Consolidate and save

Transfer balances to this card to reduce interest charges

CIBC Select Visa Card Rewards
CIBC Select Visa Card Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
CIBC Select Visa Card User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 2 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

CIBC Select Visa Card FAQs

Other Recommended Credit Cards



Editor`s Review:

The Select Visa card from CIBC is a unique type of card specially designed to enable Canadians to reduce their interest rates. Basically, this card is perfect for people who want to consolidate their debt and save more money in the long run.


The CIBC Select Visa* Card offers you just a 13.99% interest rate on cash advances, purchases, and balance transfers. Basically, you'll be able to save around 6% and 9% in the interest rate and improve your credit score.


The only requirement to access this card is to have an income of over $15k a year as a household. The annual fee is $29, but you can get a first-year fee rebate thanks to the welcome offer.


This card also comes with accident coverage, passenger protection, and up to 3 free cards. You can basically transfer your balance to this card and benefit from lower interest. Optionally, you can get payment protector services and emergency travel insurance.


The CIBC Select Visa* Card is the perfect way to consolidate debt, pay lower interest, and save money in the long run.

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Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.