How Long Does It Take To Get A Cibc Credit Card
How Long Does It Take to Get a CIBC Credit Card?
One pertinent question potential credit card candidates often have is this: "How long does it take to get a CIBC credit card?" Various factors can influence the duration. It could include the applicant's credit history, the type of card applied for, and the application method. In this article, we will examine the different methods of application — online banking, mobile app, or calling customer service — and what you can expect with each process.
Applying Via Online Banking
For individuals who already have an account with CIBC, the quickest way to apply for a credit card is through the online banking platform. The process is streamlined, and since your banking information is already on file, some steps in the application process get eliminated.
After logging into your account, navigate to the "Apply for a Credit Card" section. Follow the steps, answering all the required information relating to your income and expenses. Typically, you'll get a preliminary decision within minutes about your credit approval. Once approved, your new card should arrive by mail within 7-10 business days, though sometimes it may take a few extra business days due to postal delays.
Applying Via the Mobile App
Applying for a CIBC credit card via the bank's mobile app is similar to the online banking process. As banded platforms, the mobile app already has personal and banking information about the account holder. This factor expedites the application process.
The application process is found under the "More" menu, after which you select "Credit Card Services." After filling in the necessary information, you will likely receive a decision in mere minutes. Once approved, expect to have your card mailed to you in an estimated 7-10 business days, barring any unforeseen postal service issues.
Applying via Customer Service Call
If you're more comfortable speaking with a person or have particular questions about the credit card options or the application process, applying via a customer service call may be your preferred method. The consultation with a CIBC customer service representative provides a personalized experience and potential for immediate answers to your queries.
After the call (potentially between 15 to 30 minutes long depending on your queries), CIBC will process your application. Usually, the bank takes up to a few business days to review the application and make a decision. The card should be with you within 7-10 business days once your application is approved.
Conclusion
Selecting the most suitable method for applying for a CIBC credit card ultimately depends on your personal preference and the urgency of needing the card. Online and mobile app applications tend to be faster due to pre-entered information, but applying via a customer service call provides a more personalized experience. Regardless of the application method chosen, the arrival of your approved card will likely take 7-10 business days.
Understanding the time duration is essential in planning your expenses ahead. It is crucial to note that while CIBC processes applications quickly, the final delivery time may depend on factors beyond the bank's control, such as postal service delays. Therefore, it is always beneficial to apply as soon as you decide you need a credit card.