CIBC current prime rate RDS%rate[1].PRIME.rate(null,null,null,null)(#O2#)% as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

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Rates for loans and lines of credit

A line of credit to help conquer your goals

Get convenient access to cash and only pay interest on the funds you use. Enjoy this low introductory rate^†, equal to CIBC Prime currently at RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)%, until December 7, 2025.

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Review all other product rates

Mortgage rates
Loans and lines of credit rates
Personal bank account rates
Business bank account rates
GIC rates
CIBC Business GIC Rates
TFSA rates
RRSP rates
RRIF and LIF rates
Mutual fund rates
Exchange Traded Fund (ETF) Rates of Return
FHSA rates

All fixed and variable rate loans are based on the CIBC Current Prime Rate.¹

Rates as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Loans	Term
CIBC Personal Loan Your choice of term, payment frequency and fixed or variable interest rate.	1 to 5 years
CIBC Personal Car Loan Get terms up to eight years, with the possibility of no down payment.	1 to 8 years
CIBC RRSP Maximizer Loan™ Borrow $5,000 to $50,000 to take advantage of unused RRSP contribution room.	1 to 10 years

Loans

Term

CIBC Personal Loan

Your choice of term, payment frequency and fixed or variable interest rate.

1 to 5 years

CIBC Personal Car Loan

Get terms up to eight years, with the possibility of no down payment.

1 to 8 years

CIBC RRSP Maximizer Loan™

Borrow $5,000 to $50,000 to take advantage of unused RRSP contribution room.

1 to 10 years

Lines of Credit	Term
CIBC Home Power Plan^® Line of Credit Get a lower interest rate by using the equity in your home	Open ended
CIBC Personal Line of Credit Get flexible access to funds at interest rates lower than most credit cards.	Open ended
CIBC Education Line of Credit Borrow up to $80,000 to help with your post-secondary education costs.	Open ended
CIBC Professional Edge^® Student Program Borrow up to $350,000 (depending on field of study) to help cover costs.	Open ended

Explore: Mortgage rates, Personal bank account rates, Student banking offers

Tools and calculators

Loan and Line of Credit Calculator

Car Loan Calculator

Advice and resources

Comparing Personal Loans and Lines of Credit

Secured vs. Unsecured Loans

A Guide to Student Loans

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^† CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. CIBC Prime rate was RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)% on RDS%SYSTEM_DATE(#M# #d#, #Y#)%. The interest rate on the line of credit component of your CIBC Home Power Plan will change whenever CIBC Prime varies.

On December 8, 2025, your rate will revert to the ongoing interest rate stipulated in your CIBC Home Power Plan Line of Credit and Mortgage Loan Terms and your CIBC Line of Credit Statement of Disclosure. Apply for a new CIBC Home Power Plan by April 30, 2025 and open the line of credit component by August 29, 2025; this is subject to credit approval. This offer is only available to applicants that do not hold a CIBC Home Power Plan at the time of application, unless the CIBC Home Power Plan to which this offer applies is not secured by the same property securing the applicant’s existing CIBC Home Power Plan or Home Power Line of Credit. A $300 property valuation fee applies. Other conditions apply. Offer ends April 30, 2025. CIBC may change or cancel this offer at any time without notice.

CIBC Home Power Plan is offered by CIBC. All CIBC Home Power Plan applicants must meet CIBC’s lending criteria. Minimum borrowing amount is $10,000. Minimum equity in your home is required to qualify. Available on residential properties only. Some conditions and restrictions apply.

Automatic rebalancing of the line of credit component of your CIBC Home Power Plan may take up to 60 days and is subject to your maximum PLC rebalancing limit, as such term is defined in your CIBC Home Power Plan Agreement. The credit limit on the line of credit component of your CIBC Home Power Plan cannot exceed an approved percentage of the value of the property held as security for your CIBC Home Power Plan at time of application.

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