Rates for loans and lines of credit

CIBC current prime rate RDS%rate[1].PRIME.rate(null,null,null,null)(#O2#)% as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

All fixed and variable rate loans are based on the CIBC Current Prime Rate.1

Rates as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Loans Term

CIBC Personal Loan

Your choice of term, payment frequency and fixed or variable interest rate.

1 to 5 years

CIBC Personal Car Loan

Get terms up to eight years, with the possibility of no down payment.

1 to 8 years

CIBC RRSP Maximizer LoanTM

Borrow $5,000 to $50,000 to take advantage of unused RRSP contribution room.

1 to 5 years
Lines of Credit Term

CIBC Home Power Plan® Line of Credit

Get a lower interest rate by using the equity in your home

Open ended

CIBC Personal Line of Credit

Get flexible access to funds at interest rates lower than most credit cards.

Open ended

CIBC Education Line of Credit

Borrow up to $40,000 to help with your post-secondary education costs.

Open ended

CIBC Professional Edge® Student Program

Borrow up to $350,000 (depending on field of study) to help cover costs.

Open ended