At CIBC, we're always looking for ways to improve your overall banking experience and to provide you with a more secure system of debit card and credit card fraud protection. That's why we're incorporating the added security of chip technology into our CIBC Convenience CardsTM, CIBC VISA* Cards and CIBC Instant Teller® Machines.

What is chip technology?
Cards with chip technology use an embedded microchip to encrypt information, making it more difficult for unauthorized users to copy or access the data on the card. The move to chip card technology is the latest innovation in an evolving debit and credit card payment environment. Chip technology is already tested, proven and in wide use around the world, and chip cards are quickly becoming the new global standard for enhanced safety and security.

How will chip technology impact me?
Over the next few years, point-of-sale terminals and bank machines across the country will be outfitted to accept debit and credit cards with chip technology. Your new CIBC Convenience Card and CIBC VISA Card will still feature the familiar, magnetic stripe on the back to ensure it is accepted everywhere you use your cards today.

In early 2008, CIBC and other Canadian banks and credit card companies will conduct a trial in Kitchener-Waterloo to actively test this technology. After the successful conclusion of the market trial, CIBC will begin introducing new CIBC Convenience Cards and CIBC VISA Cards enabled with chip technology to our customers across the country in a process that will take a few years to complete.

Please return to this site for regular updates on chip technology.

To learn more about how chip technology is increasing security for your debit card or credit card, go to:

Or for more information, call 1-800-465-CIBC (2422).

*Visa Int/lic. user