1 The interest rate will change from time to time on at least 30 days prior notice to cardholders. If your credit rating and financial situation do not meet certain criteria set by CIBC, CIBC may still issue the card but at 24%.

2 Applicable rebate rate depends on annual volume of net card purchases. Rebate is earned on a tiered basis on card purchases less returns, and not on cash advances (including by Convenience Cheques), balance transfers, fees, interest, payments. Rebate is credited to the CIBC Dividend Card account when the December account statement is issued, as long as account is then in good standing (if it is not, the rebate is cancelled). Dividend Dollars are calculated as follows: on the first $1,500 in net annual purchases your rebate is 0.25%; on your next $1,500 in net annual purchases your rebate would be 0.50%; on amounts greater than $3,000 in net annual purchases your rebate would be 1.0%. See Card Package (distributed when card is issued) for full details.

3 Common carrier fares must be charged to the card prior to your departure to activate coverage. $100,000 Common Carrier Accident Insurance is available only to the Primary Cardholder and his/her spouse and dependent children; coverage is up to $100,000. The Purchase Security feature helps protect most new items of personal property when the purchase price is charged to your card by insuring the item for 90 days from purchase in the event of loss, theft or damage. The Extended Protection feature doubles the term of your original Canadian or U.S. manufacturer's warranty up to one year on most new items of personal property when the purchase price is charged to your card. Purchase Security & Extended Protection Insurance is "excess insurance" (meaning it covers you only to the extent your claim exceeds any other collectible insurance that would apply without this insurance). All Insurances are underwritten by Royal & Sun Alliance Insurance Company of Canada and are subject to limitations and exclusions outlined in the insurance certificates distributed with the Card Package.

4 AVIS discounts are available at participating AVIS locations and are applied automatically when you use the Card to pay for the rental (Quebec residents may obtain the discount without using their Card, provided they show the Card when paying by an alternative payment option acceptable to AVIS).

5 Personalized CIBC Convenience Cheques can be ordered by calling a CIBC Card Services Representative. Convenience Cheques are treated as cash advances. Convenience Cheques bear interest from the date they are posted to your credit card account. Cheques cannot be used for payments on or balance transfers from other CIBC credit cards, Personal Lines of Credit , Loans and Mortgages. Convenience Cheques cannot be certified. Cheques do not earn Dividend Dollars.

6 Cash advances bear interest from the date they are taken. Advances are subject to available credit and daily limits. Cash Advances do not earn Dividend Dollars.

7 Transactions must first be posted to your account before they can trigger a spend alert. It may then take up to 24 hours after a triggering transaction is posted for an alert to be sent.

8 This service is provided by Equifax Canada, a leading credit bureau in Canada.

9 Upon approval for a CIBC Dividend Card, your credit limit will be assigned based on a credit assessment.

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