CIBC Corporate Classic Plus Visa* Card

Amount:

Type:

Credit Card

Description:

The CIBC Corporate Classic Plus Visa Card is designed to enable effective management of business expenses.

Comments on Funding:

This account offers the following features:
– Annual fee: $20 each for up to 15 cards;
– Purchase interest rate: 19.99%;
-Cash interest rate: 22.99%

Card Benefits:
– Add cardholders: A cost-effective solution for multiple cardholders.
– Manage business spending: Track spending and stay on budget with a powerful reporting solution —Visa Spend Clarity for Business;
– Enhance spend controls: Set rules that limit how, when and where payments can be authorized –Visa Spend Clarity for Business.

Security Features:
– Common Carrier Accident Insurance; Visa security protocols.

Deadline:

Continuous Intake

Eligibility:

Applicants must be businesses.

Application Steps:

Applicants must complete the Request a Business Specialist call form and a CIBC specialist will get in touch.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

1. CIBC Corporate Classic Plus Visa Card has an annual fee of $20 per card. Annual fees are posted to your credit card account when the application is approved and your card is issued, whether your card is activated or not, and annually thereafter.
2. Interest rates will change from time to time. “Purchase” means card purchases less returns and does not include: Cash Advances, Balance Transfers and CIBC Convenience Cheques. “Cash” means Cash Advances, Balance Transfers and CIBC Convenience Cheques.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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