Credit Card Rates and Fees

CIBC Credit Card Summary of Rates and Fees

Annual Interest Rates	These interest rates are in effect the day your account is opened
	Card Product	Purchases	Cash Advances, Balance Transfers, and Convenience Cheques
	All CIBC Personal Credit Cards (except CIBC Select, Classic and Platinum Visa Cards)	19.50%	19.50%
	CIBC Select Visa	11.50%	11.50%
	Classic and Platinum Visa Cards	19.50%	21.50%
Interest-free Grace Period	At least 21 days Your payment due date is at least 21 days after the statement date. For non-Quebec residents, no interest is charged on a new purchase if we receive payment for your new balance in full by the payment due date and we received payment for the full balance shown on your previous monthly statement by its payment due date. For Quebec residents, no interest is charged on a new purchase if we receive payment for your new balance in full by the payment due date. There is no interest-free grace period on cash advances, balance transfers or convenience cheques. (Please see Terms and Conditions for more information.)
Minimum Payment	2.1% or $10 Your minimum payment will be the greater of 2.1% of the outstanding balance shown on your monthly statement, or $10. If your balance is less than $10, your minimum payment equals your full balance.
Foreign Currency Conversion	2.5% A foreign currency transaction is converted to Canadian dollars (or U.S. dollars for CIBC U.S. Dollar Visa Card) on or after the transaction date but not later than the date the Transaction is posted to the Visa account. At the time of currency conversion, you are charged the same conversion rate CIBC must pay plus a fee of 2.5% of the converted amount, on both debits and credits.
Annual Fees	CIBC Card Product	Primary Cardholder	Each Authorized User
	CIBC Aerogold/Aerogold Visa Infinite	$120	$50
	CIBC AeroClassic	$29	FREE
	CIBC Aventura Gold/Aventura Visa Infinite	$120	$50
	CIBC Gold	$99 ($69 if primary cardholder is age 65 or older)	$30
	CIBC Dividend Platinum /Dividend Visa Infinite	$79	$30
	CIBC Select Visa	$29	FREE
	CIBC U.S. Dollar	$35 (U.S.)	FREE
	CIBC Dividend, Classic and Platinum Visa cards are not charged an annual fee or authorized user fee. Annual Fees are posted to the account if/when the application is approved and the card is issued, whether your card is activated or not, and annually afterwards.
Other Fees	Overlimit fee: $20. Posted to your Visa account on the date your statement is prepared, if on that date the balance exceeds the credit limit. This fee does not apply to Visa Infinite accounts. Account Maintenance Fee: $10 If you have an inactive account with a credit balance that has not changed for 360 consecutive days, on that date you will be charged the lesser of $10 or the full credit balance. Statement Copy Fee: $2 each. Charged when copy is requested. Transaction Receipt Copy: $2 each. Charged when copy is requested. These fees are posted to the Visa account when, or soon after, the transaction or other activity occurs: Fee for each cash advance (all cards except U.S. Dollar Visa card): in Canada $2.50, outside Canada $5.00 Fee for each cash advance (U.S. Dollar Visa card only): in Canada $2.50 outside Canada $2.50 Dishonoured Convenience Cheque or Balance Transfer Fee: $25 each. Dishonoured Payment to CIBC Fee: $25 each. All fees on the CIBC U.S. Dollar Visa card are charged in U.S. dollars (Please see Additional Disclosures under the Terms and Conditions for more information about interest and fees.)

Additional Disclosures:

Dishonoured Payment to CIBC Fee: The fee applies if a payment to the Visa account by cheque or preauthorized debit from any financial institution, including CIBC, is not accepted due to non-sufficient funds (NSF), account closed or payment stopped.

Dishonoured Convenience Cheque or Balance Transfer Fee: The fee applies if a Convenience Cheque or balance transfer is not accepted due to insufficient available credit.

Fee for Copy of Statement or Transaction Receipt: There is no charge for a copy of the current month's statement or a transaction receipt appearing on it or if the inquiry is due to a CIBC error. Transaction receipts may not be available for PIN-based transactions.

More Information about Interest and the Grace Period: Interest is charged on new purchases from their transaction date if you do not pay your full balance by the payment due date (and you reside in Quebec) or if you do not pay your full balance by the payment date and you did not pay your full balance by the proceeding payment due date (if you reside elsewhere). Interest is charged on cash advances from the date they are taken. Interest is charged on, balance transfers and convenience cheques from the date they are posted to your account.

If you do not pay your full balance by the payment due date, we will extend the payment due date by 5 days in the following month (your payment period will be 26 days instead of the normal 21). Interest will continue to accrue for the extended period. When you pay your balance in full, your payment due date will revert to 21 days after the statement date.

For more information about cards, including fees and interest, see the detailed disclosure statement distributed in the Welcome Package or call 1-800-465-4653 toll-free. The Cardholder Agreement may be obtained from www.cibc.com. The card interest rates and fees shown are current as of December 2009; they will change from time to time on at least 30 days prior notice to cardholders.