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CIBC Select Visa Card review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
13.99% (0% for the first 10 months)
Signup Bonus

Informr score
The CIBC Select Visa Card currently has an Informr score of 9.3 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?

CIBC Select Visa Card is typically available to those with average credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

The CIBC Select Visa* Card’s 0% interest rate for 10 months is a pretty great deal for a balance transfer credit card, and its post-promotional rate is quite competitive as well. The annual fee is a bit of a downside, as some other balance transfer cards on the market are free, but its welcome offer...

- Hannah Logan,
Young and Thrifty

The CIBC Select Visa* Card is affordable, accessible, and offers a decent 13.99% interest rate on purchases. Combined with the excellent 0% promotional interest rate for 10 months on balance transfers and first-year annual fee rebate, this card will attract Canadians who are looking to consolidate d...

- Keph Senett, Young and Thrifty


Interest Rates
Regular APR Interest Rate 13.99%
Balance Transfer Interest Rate 13.99% (0% for the first 10 months)

1% transfer fee with the intro rate

Cash Advance Interest Rate 13.99%
Rates & Fees
Annual Fee $29.00

First-year annual fee rebate

Balance Transfer Fee 3%


Cash Advance Fee $5.00
Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00

Fee not applicable to Quebec residents.

Late Payment Fee $0.00
Sign up bonus No
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance No
Car Rental Discount Yes
Extended Warranty No
Purchase Protection No
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Google Pay
Virtual Cards No
Additional Benefits

- Save up to 25% at participating AVIS locations and at participating Budget locations in Canada and the U.S. 

- Emergency Card Replacement

Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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