† CIBC Pace It™ Installment Plans allow primary cardholders to convert posted eligible credit card Transaction(s) to monthly installment payments (including interest on the purchase amount) over a fixed term. CIBC will identify posted Transactions that are eligible to be converted to an Installment Plan through CIBC Online and Mobile Banking. When you create an Installment Plan you will choose the payment term (in months) with a corresponding annual interest rate. Once you accept the Installment Plan Terms and Conditions and create the Installment Plan through CIBC Online or Mobile Banking, you can cancel it at any time but you cannot change it. CIBC Pace It Installment Plans are only available: (a) on Accounts in good standing; (b) for certain eligible credit cards and eligible transactions. CIBC Pace It is not available to Quebec residents.
1 CIBC foreign exchange rates apply. A CIBC Global Money Transfer and a Foreign Exchange transaction counts towards your allowable transaction limit. Bank account transaction fees may apply. Must have a CIBC chequing account, savings account, eligible credit card or personal line of credit account to send a CIBC Global Money Transfer. Most transfers are completed within 1 to 3 business days. Only primary credit card cardholders can use their eligible credit card account to pay for the CIBC Global Money Transfer service.
Review the CIBC Global Money Transfer Agreement (135 KB, PDF) Opens in a new window. .