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President's Choice Financial services are provided by the direct banking division of CIBC.
President's Choice Financial MasterCard is provided by President's Choice Bank.
The PC points loyalty program is provided by President's Choice Services Inc.
secured borrowing account
even lower interest on a line of credit that's always there for you
| daily balance | annual rate (%) |
| on all outstanding balances | 3.75 (prime*+1.00) |
Interest is calculated on the final daily balance of your borrowing account and is charged to your borrowing account at month-end.
*Prime means the variable interest rate declared from time to time to be the CIBC prime rate for Canadian Dollar loans made by CIBC in Canada. CIBC prime rate is subject to change. Your rate will vary whenever CIBC prime rate varies and/or whenever we change your variable interest rate in our sole discretion.
Find out more about the secured borrowing account.
Use our handy credit selector tool to compare the low-cost borrowing account with other borrowing options from President's Choice Financial® services.
Rates subject to change.
®™ PC, President’s Choice, President’s Choice Financial, unbeatable, eatable mortgage and Fresh Financial Thinking are trademarks or registered trademarks of Loblaws Inc. CIBC licensee of marks.
† President's Choice Financial services are provided by the direct banking division of CIBC.
President's Choice Financial MasterCard is provided by President's Choice Bank.