CIBC Bizline Visa review

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Advertiser Disclosure

Interest Rate: Purchases
4.95 ‐ 16.45%
Balance Transfer
4.95 ‐ 16.45%
Rewards
-
Signup Bonus
-


Am I eligible?


CIBC Bizline Visa is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $35000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


creditcardGenius

If being charged a 20% interest rate is something that makes you lose sleep at night, you should really consider getting a low interest business credit card like the CIBC bizline Visa Card for Small Business. This card has no annual fee and will give cardholders a rate as low as Prime + 1.5%, which...

- creditcardGenius

Details


Interest Rates
Regular APR Interest Rate 4.95% ‐ 16.45%
Balance Transfer Interest Rate 4.95% ‐ 16.45%
Cash Advance Interest Rate 4.95% ‐ 16.45%
Rates & Fees
Annual Fee $0.00

Balance Transfer Fee 3%

Maximum

Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus


Rewards
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details


Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments Paywave, Apple Pay, Samsung Pay
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $35,000 per year
Temporary Residents No
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Additional comments
Terms & Conditions Official Terms & Conditions
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Critic Reviews


creditcardGenius

Best low interest credit card for small businesses

creditcardGenius

If being charged a 20% interest rate is something that makes you lose sleep at night, you should really consider getting a low interest business credit card like the CIBC bizline Visa Card for Small Business. This card has no annual fee and will give cardholders a rate as low as Prime + 1.5%, wh...More

If being charged a 20% interest rate is something that makes you lose sleep at night, you should really consider getting a low interest business credit card like the CIBC bizline Visa Card for Small Business. This card has no annual fee and will give cardholders a rate as low as Prime + 1.5%, which is pretty impressive. However, the interest rate you are given does depend on your personal credit score and can go up to Prime + 13.0%.

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