Borrowing for Your Vacation

Are you ready to get away? Whether you're going away for the weekend, taking the family for a holiday or saving for the trip of a lifetime, we can help you. If you know when and where you're going, a CIBC Personal Loan will give you the money you need up front. If you haven't worked out your travel plans but want some money available when you do, you may want a CIBC Personal Line of Credit. And then there's the simplest way of all – just use a CIBC VISA* card to cover your expenses.

CIBC Personal Loan

You've decided where and when you want to go, and you know how much it will cost. If you like getting your money up front – with a structured payment plan – this is probably the best option for you.

borrow amounts as low as $5,000
make fixed payment amounts
choose the payment schedule that's best for you weekly, bi-weekly, semi-monthly or monthly
pay your loan off early with no penalty

CIBC Personal Line of Credit

Not sure when you'll be going away? A Personal Line of Credit gives you a pool of funds that you can draw on whenever you want – so you have the flexibility to leave at a moment's notice. And since you only need to apply once, you can use it for your next trip as well.

borrow amounts as low as $5,000
decide your payment amount (as long as you meet the minimum monthly amount)
decide how quickly you'd like to pay off your trip (or trips)
pay interest only on the amount you use

CIBC VISA Cards

The easiest way to pay for your trip fits right in your wallet. We offer a selection of VISA cards that are accepted wherever you travel. And depending on which card you use, you may be covered for travel medical insurance and accident insurance – not to mention commission-free Traveller's Cheques and special car rental rates with AVIS*.

The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.