>

How to Increase Your Daily Limit on Your CIBC Debit Card: A Comprehensive Guide

Whether you are planning on making large purchases, or you've noticed that your expenses have increased, the need to increase the daily limit on your Canadian Imperial Bank of Commerce (CIBC) debit card could arise. This guide provides you with a step-by-step walkthrough on making this adjustment through various means, ensuring that you have the financial flexibility you need.

Option 1: Using Online Banking

The CIBC online banking platform is a convenient method of managing your accounts and making changes to them any time you need to. Here's how to increase your debit card's daily limit using this service:

• Log into your account via the CIBC Online Banking homepage.
• From your account dashboard, select the "Customer Services" tab.
• Find the "Manage My Cards" section and select the option that reads "Adjust Card Limits".
• Select the card you wish to increase the limit for.
• Follow the prompts to request an increase for your daily debit card limit.
• Review the changes and confirm your request.

Note: An increase in your daily limit could potentially take up to two business days to take effect.

Option 2: Through the CIBC Mobile App

CIBC offers a robust mobile application that offers the same functionality as their online banking platform, which includes managing your card's limits. Here's a step-by-step process:

• Download and install the CIBC Mobile Banking App from the App Store or Google Play Store.
• Login to the mobile app using your online banking credentials.
• From the main menu, tap "More Services."
• Tap "Card Management" then select "Change card limits".
• Select the card you want to increase the limit for.
• Follow the prompts to request an increase for your daily debit card limit.
• Review your changes and confirm your request.

Similar to online banking, limit changes made via the mobile app can take up to two business days to become effective.

Option 3: Calling Customer Service

If you are a client who prefers human interaction or needs further clarification, you have the option of calling customer service:

• Locate the contact number at the back of your CIBC Debit Card or on the CIBC website.
• Call the number and follow the voice prompts to reach a customer service representative.
• Once connected, request that you wish to increase the daily limit on your debit card.
• The representative will verify your identity and make the required changes on your behalf.

Phone adjustments can, in some cases, take effect immediately, but it is best to confirm this with your representative.

Conclusion

Increasing your daily debit card limit with CIBC does not have to be a stressful process. Whether you choose to utilize the online banking platform, the mobile app, or speak to a representative directly, you are just a few steps away from having access to the financial freedom you require. Be sure to evaluate your financial needs regularly to ensure your banking activities align with your lifestyle and needs.