CIBC Select Visa

CIBC Select Visa

CIBC Select Visa
Summary: Visa card with a low interest rate and annual fee

Description: 

Get a low interest rate of 11.99% on all purchases, balance transfers and cash advances with the Select Visa Card by CIBC. The card has a low annual fee of $29 and no charge for supplemental cards (maximum of 3).

Basic travel Accident Insurance is included and optional Travel Medical, Trip Cancellation/Trip Interruption Insurance and Balance Protection can be added for a fee.

Overview

Version:
Standard
Credit required:
Fair
Card Type:
Visa
Issuer: 
CIBC
Minimum Income: 
$15,000
Minimum Credit Limit: 
$500
 

Annual Interest Rates

Interest Rate: 
11.99%
Cash Advance: 
11.99%
Balance Transfer: 
11.99%
Grace Period: 
21 days
Minimum Payment: 
$10 or 2.1% (whichever is greater)
 

Annual Fees

Annual Fee: 
$29
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Payment Protector
Age to Qualify: 
Under 65
Monthly Premium: 
$0.89 (per $100 of outstanding balance)
Maximum Benefit: 
$20000
 

Rewards

Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
No
Travel Accident Insurance: 
Yes
Travel Medical Insurance: 
Yes*
Trip Cancellation Insurance: 
Yes*
Flight Delay Insurance: 
No
Baggage Insurance: 
No
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.