CIBC Mastercard Black

Credit Card
Rewards, Travel

CIBC Mastercard Black

Welcome offer
Earn up to 40,000 Bonus Points upon card activation
Features
  • Earn 1 Reward Point for every US$1 spent
  • Redeem points for any airline ticket, anytime with My Rewards
  • Purchase Protection, Price Match, Global Assistance
Annual Fee
J$ 40,000.00
Purchase
Interest Rate
47.00%
Cash
Advance Rate
7.34%
Minimum
Payment
3.00%
Learn more
  • Welcome Offer: Earn up to 40,000 points when you activate and use your Mastercard Black credit card in the first 90 days. Receive 15,000 points at sign-up and an additional 25,000 points when you spend US$10,000 or the local equivalent within the first 90 days.
  • Earn Rewards: Earn rewards for every purchase you make with your Mastercard Black credit card. Whether you’re booking travel, making dinner reservations, or covering everyday expenses, you’ll earn 1 point for each US$1 spent on eligible purchases.
  • Redeem Your Rewards On the Go: Easily manage and maximise your rewards with the CIBC Caribbean My Rewards app, available for download on the Apple Store and Google Play. View your points balance, redeem for flights, hotels, car rentals, and more, or shop seamlessly online and in-store with contactless payments.
  • Purchase Protection with Delivery Coverage: Enjoy peace of mind knowing your purchases are protected against damage or theft during delivery.
  • E-Commerce Price Protection: Get reimbursed for the difference if the price of an item you purchased online drops within a certain timeframe.
  • Mastercard Global Service: Access 24/7 assistance worldwide for card-related emergencies and inquiries.
  • Mastercard Airport Experiences: Enjoy exclusive perks and privileges at select airports around the world.
  • Boingo WiFi Worldwide: Stay connected with complimentary WiFi access at millions of hotspots globally.
  • Transparent Fee Details: Enjoy peace of mind with transparent and detailed fee information provided in the CIBC Schedule of Charges, enabling you to make informed financial decisions.

Investment Disclosure - Managed Funds

Please note that past performance of managed funds, including unit trusts and mutual funds, does not guarantee future results. While historical performance can provide valuable insights into a fund’s track record and management capabilities, it should not be the sole basis for making investment decisions.

Managed funds are subject to market fluctuations, economic conditions and various other factors that may affect their performance. Investors should carefully consider their investment objectives, risk tolerance and financial situation before investing in any managed fund.

Additionally, it’s essential to conduct thorough research and consult with a qualified financial advisor to ensure that the selected managed fund aligns with your individual investment goals and preferences.

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Fixed Income Investment Disclaimer:

  • Interest Rate Risk: The value of your fixed income investment may decline if interest rates rise. As rates go up, investors may be able to earn higher returns on new investments, potentially making your existing fixed-rate investment less attractive.
  • Credit Risk: There is always the possibility that the issuer of a fixed income security, like a CD, may default on their obligation to repay your principal or interest. This risk is generally lower with government-backed securities but can be higher with corporate bonds.
  • Market Volatility: Even fixed income investments can experience some price fluctuation, especially in secondary markets where they may be sold before maturity.
  • Early Withdrawal Penalties: Some fixed income investments, like CDs, may impose penalties if you withdraw your funds before the maturity date.

Before investing in any fixed income product, carefully consider your investment goals, time horizon, and risk tolerance. It’s important to understand the specific features and risks associated with each type of investment. Consider consulting with a financial advisor to ensure these investments align with your overall financial plan.

This information is for general purposes only and does not constitute financial advice.

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Last Updated: March 8, 2024. 

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