How to transfer money from credit card to chequing account cibc?

Effortless Money Transfer from Credit Card to Chequing Account with CIBC

CIBC offers a seamless and secure way to transfer funds from your credit card to your chequing account. Follow these simple steps to make the transfer:

1. Log in to Your Online Banking Account: Access your CIBC online banking account to initiate the transfer.

2. Navigate to the Transfer Function: Once logged in, locate the “Transfer” option within your account menu.

3. Select Source and Destination Accounts: Choose your credit card as the source account and your chequing account as the destination account.

4. Input Transfer Amount: Enter the amount you wish to transfer.

5. Review and Confirm Transfer: Verify the transfer details, including the amount, source and destination accounts, and any additional notes you may want to include. Click the “Confirm” button to complete the transfer.

Benefits of Transferring Funds:

• Immediate Access to Funds: Transferred funds are credited to your chequing account swiftly, providing immediate access to your available balance.

• Convenience and Flexibility: The online transfer process is quick and easy, allowing you to transfer funds at your convenience, from anywhere with internet access.

• Secure Transactions: CIBC employs robust security measures to protect your financial information and ensure secure fund transfers.

By following these steps, you can effortlessly transfer funds from your CIBC credit card to your chequing account, providing you with greater financial flexibility and control.