Can I transfer a balance from another credit card to my CIBC Mastercard?

Yes, you can transfer a balance from another credit card to your CIBC Mastercard. This feature is known as balance transfer and it enables you to move the outstanding balance from your existing credit card to your CIBC Mastercard. By transferring balances, you can consolidate your debt onto one card and potentially benefit from a lower interest rate or promotional offer. To initiate a balance transfer, you can do so through online banking, by phone, or by visiting a CIBC branch. Keep in mind that there may be fees associated with balance transfers, and promotional rates or offers are subject to certain terms and conditions. It's recommended to review the details and terms before proceeding with a balance transfer.