What fees are associated with a CIBC Mastercard?
There are several fees associated with a CIBC Mastercard. The annual fee for most CIBC Mastercards ranges from $0 to $120, depending on the card type and benefits. Additional card fees may apply if you request additional cards on your account. For cash advances, a fee of either $3.50 or 1.50% of the transaction amount, whichever is greater, will be charged. Foreign currency conversions may also incur a fee of 2.5% of the converted transaction amount. Late payment fees can range from $25 to $45, while over-limit fees are $29. Returned payment fees are $45. However, it is essential to review the specific terms and conditions of your CIBC Mastercard to understand the exact fees that may apply to your account.
Answered Nov 2, 2023
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