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CIBC bizline® Visa* Card Review
The Bottom Line
Not a rewards card — this is a low-cost credit line for businesses that need to carry a balance or manage cash flow. With a variable rate as low as Prime + 1.5% and no annual fee, it’s one of the cheapest ways to borrow on a business credit card. There are no points, no perks, and no welcome offer. But if your priority is affordable financing rather than earning rewards, this card undercuts most of the market on interest costs. Good for newer businesses building credit or seasonal businesses that need flexible short-term financing.
APPLY NOW
on CIBC's website
Welcome Bonus
N/A
Rewards Rate
No Rewards
Annual Fee
$0
Interest Rates
CIBC Prime plus 1.5% / CIBC Prime plus 1.5%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Rewards
No rewards earned on purchases
Insurance
Coverage
Common Carrier Travel Accident Insurance
$100,000
Benefits
Details
Car Rental Discount
Get up to 30% off base rates with Avis® Pay Now or up to 35% off base rates with Budget
Eligibility
Credit Score
GoodAnnual Income
$15,000 personal
Card Details
Interest Rates
Purchase APR
CIBC Prime plus 1.5%
Cash Advance APR
CIBC Prime plus 1.5%
Balance Transfer APR
CIBC Prime plus 1.5%
Fees
Annual Fee
$0
Additional Cards
$0 (up to 9)
Eligibility
Minimum Individual Income
$15,000
Minimum Household Income
N/A
Credit Score Estimate
Good
Type
Card Type
Credit
Reward Type
None
Pros & Cons
Pros
- No annual fee
- Low interest rates
- Accessible income requirement
Cons
- No rewards
- No welcome offer
- Interest rates fluctuate
- Lacks standard insurance categories
CIBC bizline® Visa* Card
2.7
FinlyWealth Rating
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