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- You’ll only have to pay a 1% fee when you transfer your balance from another card. Once this promotional period ends, the standard card interest rate of 13.99% will apply to any remaining balance.
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How much does a balance transfer cost? Most issuers charge a balance transfer fee of around 1% to 5% of the amount you transferred. The fee is usually added to your balance. For example, if the fee is 3% and you transfer $2,000, you’ll be charged $60, bringing your total balance to $2,060.
Transfer your credit card balance — get 0% interest for up to 10 months with a 1% transfer fee † and a first year annual fee rebate ‡. Show more offer details. Apply now. $15,000 minimum annual household income. Fees and interest rates. Annual fee. $29 — first year rebated ‡. $0 for up to 3 additional cards. Purchase interest rate 1.
If you do carry a balance, any payments you make will go toward paying off your interest and fees first as set out in your CIBC Cardholder Agreement. This means your principal balance won’t decrease until you pay off your interest.
Oct 19, 2016 · Your regular cash advance interest rate applies to this Balance Transfer request. Interest applies from the date the transfer is posted to your CIBC credit card account. If you convert to a different CIBC credit card, the regular cash interest rate of the new CIBC Credit Card applies.
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Jun 16, 2021 · Most credit cards have an interest rate of around 20% but balance transfer cards offer a lower interest rate. For example, the CIBC Select Visa * has an APR of 13.99%, with an...
Nov 6, 2024 · Transfer your credit card balance – Get 0% interest for up to 10 months with a 1% transfer fee † and a two-year annual fee rebate†. Check full offer details below †: Transfer your credit card balance and get 0% interest for up to 10 months with a 1% transfer fee †. Transfer up to 50% of your assigned credit limit †.
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The CIBC Select Visa* Card is a low interest rate credit card with an enticing balance transfer exclusive offer: New customers can take advantage of 0% interest for 10 months on...
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