** The CIBC free credit score service is a feature in the CIBC Mobile Banking® App which allows CIBC clients to subscribe to get their credit score from Equifax Canada through Borrowell, our third-party service provider. The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties or by CIBC in certain instances to assess your creditworthiness. The provision of this score to you is intended for your own educational use. Third parties and CIBC will take into consideration other information in addition to a credit score when evaluating your creditworthiness.
You should always get the most up-to-date credit information and credit scores from Equifax Canada to ensure accuracy before making a major financial decision.
1 Please see the Personal Account Service Fees brochure available at cibc.com or in-branch for a description of transactions that are included in the CIBC Smart™ Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services.
2 Your monthly fee is completely waived when you keep a minimum daily balance of $3,000 and you make a recurring direct deposit or 2 pre-authorized payments each month.
3 You are eligible for this annual fee rebate offer only if you apply and are approved for your first CIBC credit card. If you are a current or former CIBC cardholder, we may approve your application but you will not be eligible for the offer.
You must apply and be approved for a new eligible card between March 1, 2018 and June 30, 2018 to qualify for this offer.
If you apply and are approved for a new card, you will receive:
i. A one time annual fee rebate for you (the primary cardholder) and up to three authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. This offer applies for the first year only. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within two statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
ii. A welcome bonus of 15,000 Aventura Points when you make your first purchase at any time with your card.
iii. An additional bonus of 5,000 Aventura Points if you have at least $1,000 in purchases within the first 4 monthly statement periods.
The following do not qualify as purchases: cash advances, interest, fees, balance transfers, payments, CIBC Convenience Cheques or Aventura Point redemptions. It may take up to several business days for purchases to be posted to your account. Aventura Points are awarded to you within 8 weeks after all qualifying purchase(s) are posted to your account. Card account must be open and in good standing at the time the bonus Aventura Points are awarded.
Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC Aventura Visa Infinite Card or CIBC Aventura Gold Visa Card are excluded. Offer and bonus points are non-transferable. This offer may be withdrawn or changed without prior notice at any time. CIBC may, in its sole discretion, disqualify, limit or revoke this offer if you are believed to be abusing or manipulating it, or engaging in any suspicious or fraudulent activity.
The $400 value is based on the redemption value of 20,000 Aventura Points for airfare purchases, based on the Aventura Airline Rewards Chart at www.cibcrewards.com, before taxes and other charges, as at March 1, 2018.
4 Flight availability at this Aventura Point level depends on ticket prices set by airlines. Flights at this Aventura Point level will not be available to all destinations from all departure points and times. The exact number of points is dependent on ticket prices set by airlines and is subject to availability. For full details see maximum ticket prices and Aventura Flight Rewards Chart at www.CIBCRewards.com. Some airlines may impose fees, restrictions or other conditions on air travel. Aventura Points will be cancelled if they remain unredeemed for 60 days after you voluntarily close your Aventura credit card account or within 12 months of the primary cardholder's death.
5 CIBC foreign exchange rates apply. A 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, savings or personal line of credit account to send a CIBC Global Money Transfer. Most transfers are completed by the next business day. However, there are times when a transfer requires 2 to 3 business days to be completed. Read the CIBC Global Money Transfer Agreement (PDF, 100 KB) .
6 Largest banks in Canada measured by deposits.
7 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder. "Purchase" means card purchases less returns and does not include: cash advances, interest, fees, balance transfers, payments and CIBC Convenience Cheques. "Cash" means cash advances, balance transfers and CIBC Convenience Cheques.