1 Annual interest rate and credit limit is based on your personal credit bureau and other information at the time your application is processed. The minimum credit limit is $5,000 and the maximum credit limit is $50,000. Annual interest rate will range between CIBC Prime Rate + 1.5% and CIBC Prime Rate + 13.0%. The card’s annual interest rate is variable, meaning that it may change when CIBC’s Prime Rate changes. You can find out what CIBC Prime Rate is by calling CIBC toll-free at 1-866-525-8622.
2 bizline cheques bear interest from the date they are posted to your credit card account. Cash advances are charged to your CIBC bizline Visa Card and bear interest from the date they are taken from your account.
3 Your annual income may include business and personal sources (e.g., share of profits, drawings, dividends and management salaries from the business, income from personal investments and part-time employment income). This income may be verified using your personal Notice of Assessment.
4 Insurance Features and options: Common carrier fares must be charged to the card prior to your departure to activate coverage. $100,000 Common Carrier Accident Insurance is available only to the Primary Cardholder and his or her spouse and dependent children; coverage is up to $100,000. All insurances are underwritten by Royal & Sun Alliance Insurance Company of Canada and are subject to limitations and exclusions outlined in the insurance certificates distributed with the card package.
For more information, call the insurer toll-free at 1-866-363-3338 in Canada, the continental U.S. and Hawaii or collect from elsewhere at 905-403-3338. You can also visit cibccentre.rsagroup.caOpens a new window in your browser..
5 We may withdraw approval if we become aware of any unfavourable information regarding your financial position or account status, or if you are unable to provide any additional information reasonably requested by CIBC. The application response time may take longer than 60 seconds in the event of technology issues. If you supply your email address, an application status email will be sent as soon as the technology issues are resolved. Otherwise, you will receive a response to your credit card application within 7 to 10 business days.
All information is valid at the time of publication and is subject to change without notice.