CIBC Platinum Visa

CIBC Platinum Visa
Visa card with no annual fee and insurance benefits

The Platinum Visa card by CIBC is a credit card with no annual fee for primary or supplemental cards. It has an annual interest rate of 19.99% on purchases and 21.5% for balance transfers, convenience cheques and cash advances. (Effective February 2011)

This Visa card offers insurance benefits including Rental Vehicle Insurance, Extended Warranty and Travel Accident Insurance. Optional coverage can be added such as Trip Cancellation/Trip Interruption Insurance and Balance Protection.

Overview
Issuer 
Type 
Version 
Features 
Credit 
Minimum Income 
$35,000 / year
Maximum Credit Limit 
$50,000
Rates & Fees
Annual Fee 
$0
Supplemental Cards 
$0 / year
Interest 
19.99%
Cash Advance 
21.50%
Balance Transfer 
21.50%
Grace 
21 days
Minimum Payment 
$10 or 2.1% (whichever is greater)
Rewards
Travel / Vacation 
No
Cash Back 
No
Merchandise 
No
Groceries 
No
Vehicle Rebates 
No
Charitable Donations 
No
Health Care 
No
Financial Products 
No
Benefits
Car Rental 
Yes
Purchase Protection 
Yes
Travel Medical Insurance 
No
Travel Accident Insurance 
No
Trip Cancellation Insurance 
Yes for additional fee
Flight Delay Insurance 
No
Baggage Insurance 
No
Road Insurance 
No
Balance Protection 
Yes for additional fee