The Canadian Imperial Bank of Commerce (CIBC) and Simplii Financial do not publicly disclose specific credit card or product acceptance rates. Approval depends on factors like credit score, income, debt-to-income ratio, and application details.
For CIBC, applicants typically need a good to excellent credit score (660+). Simplii, as an online-only subsidiary, may have slightly more flexible criteria but still evaluates financial stability. To improve approval chances, ensure a strong credit history and stable income. Pre-approval tools on their websites can provide guidance without impacting credit scores.
