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Options to start paying down your debt

If you’re struggling to make payments on your CIBC products, explore our solutions and connect with our credit counsellors to improve your situation.

Consolidate your debt

Simplify your finances with debt consolidation

Convert your existing unsecured CIBC debts into a loan to ease your burden and allow yourself to focus on other priorities.¹

Make one monthly payment

Once you’ve consolidated your existing CIBC debts, you can make one convenient monthly payment and regain control over your finances.

Applicable to CIBC credit cards, lines of credit, loans and overdraft protection accounts.²

Pay with Points

Make payments with your Aventura Points^®

If you're past due on your CIBC Aventura® Visa* Card payments and have Aventura Points, you can use them to pay down your credit card balance.²

Applicable to CIBC Aventura Visa* Cards.²

Choose a flexible payment option

Manage your payments with Flex Pay

If you’ve missed more than one payment because of a setback, you can either pay one lump sum or make three consecutive monthly payments to get your account back in good standing.

Applicable to all CIBC credit cards.²

Work out a payment plan

Bring your balance back to good standing with Quick Pay

If you temporarily can’t make your minimum payments, our team can help. With Quick Pay, you pay a smaller amount to get some extra time to make a long-term arrangement for your outstanding balance.

Applicable to all CIBC Visa* credit cards.

Mortgage solutions

Deal with unforeseen circumstances

If you’ve unexpectedly fallen behind on payments, our credit counsellors can partner up with mortgage specialists to evaluate your situation and explore possible options.

Applicable to all CIBC mortgage products.

Reminder about creditor insurance

CIBC Payment Protector™ Insurance for credit cards or creditor insurance for mortgages, personal lines of credit and loans can help in cases of a disability, involuntary job loss, critical illness or death.

To check whether you have CIBC Creditor Insurance: