How To Use Line Of Credit Cibc

how to use line of credit cibc

Introduction

As a CIBC customer, you have access to several flexible ways to manage and use your Line of Credit. This guide aims to walk you through step-by-step in using this Line of Credit through online banking, mobile app and customer service. Make sure you take advantage of these options to streamline your personal finance management.

Using Line of Credit Through CIBC Online Banking

Online banking allows you to access your CIBC Line of Credit at any time from the comfort of your home.

  • Login to your CIBC online banking account from a secure network.
  • Navigate to 'My Accounts' to find your Line of Credit.
  • You now can transfer money, make payments, check balances and more.

Note that you can easily set up automatic payments for your Line of Credit from your CIBC bank account. This ensures you never miss a payment and keep your account in good standing.

Using Line of Credit Through CIBC Mobile App

The CIBC mobile app offers an easy, efficient and secure way to use your Line of Credit on the go. Whether at work, on vacation, or out shopping, your Line of Credit is in your pocket.

  • Download the CIBC Mobile Banking App from Apple App Store or Google Play Store.
  • Log in with your online banking credentials.
  • Navigate to 'Accounts' to locate your Line of Credit.
  • You can now view your available credit, make payments and transfers right from your smartphone.

Just like the online platform, you can automate payments from your bank account to your Line of Credit.

Using Line of Credit Through CIBC Customer Service

If you prefer human interaction, or have questions and concerns that can’t be addressed via online or mobile banking, you can always use your Line of Credit through the CIBC customer service.

  • You can call the CIBC customer service number at 1-800-465-2422 (Canada and the US) or 1-902-420-2422 (other countries).
  • Follow the prompts to reach out to a representative.
  • They'll help you access your Line of Credit, make payments or resolve any issues you may be facing.

Remember, your PIN, password and other login credentials are confidential. Don’t share them with the service representative or anyone else.

Conclusion

Take advantage of CIBC's flexible options to manage your Line of Credit. Use it responsibly and maintain regular repayments to contribute to your goal of financial security. Always keep in mind the available support and tools CIBC provides, so your Line of Credit is always within easy reach.