The CIBC Select Visa is a low-interest credit card designed specifically for lower-income Canadians to help pay down their debt. It offers a low-interest rate of 13.99%, which is 6-8% lower than most cards. It also offers the ability to transfer old debt to your new card with a 0% interest rate for 10 months (with a 1% transfer fee), allowing you to pay that debt off faster without increasing your debt load.