CIBC eAdvantage™ Savings Account

Maximize your savings with an account that pays high interest when your balance is $5,000 or more.

Interested in applying for a new account?

Apply online, call CIBC Telephone Banking at 1-866-525-8622 or visit one of our branches.

Is it for you?

The CIBC eAdvantage Savings Account could be for you if any of the following apply:

You want to maximize your savings because you have larger savings goals
You want to access and manage your account online
You plan to put your savings toward a major purchase
You want some funds on hand for unexpected emergencies
You want full and easy access to your money anytime

Key benefits

Makes you money	Earn our best non-registered savings account rate when your balance is $5,000 or more Interest is calculated on each day's final balance and paid monthly
Saves you money	Free online transfers to your other Canadian dollar CIBC personal bank accounts (excludes INTERAC Email Money Transfers which will be treated as transactions)
Convenient	24-hour access to your account through CIBC Online Banking, CIBC Instant Teller® locations, CIBC Telephone Banking and INTERAC* Direct Payment Free paperless record-keeping lets you manage your savings online and helps preserve the environment by using less paper Comes with a CIBC Convenience Card®

Information you need to know

Each transaction1 costs $5 (excluding online transfers to your other Canadian dollar CIBC personal bank accounts)
Paperless2 record keeping is free with this account and is the only record keeping option available
You must be registered with CIBC Online Banking to view transactions on the account
Personalized cheques available (fees apply)
Account fees

Important information

Products and their features may change at any time.

This is a general description only. Get complete information about fees here.

1 A "transaction" includes the following: cheques, withdrawals, pre-authorized payments, bill payments (including CIBC Visa), INTERAC direct payment purchases, INTERAC Email Money Transfers and transfers to other CIBC accounts through the CIBC network of bank machines, CIBC Telephone Banking and branch banking. For the CIBC eAdvantage Savings Account, a transaction does not include online transfers to another Canadian dollar CIBC personal bank account. All withdrawals at bank machines not displaying the CIBC name or logo and INTERAC Email Money Transfers are subject to additional fees.

2 "Paperless" record keeping enables customers to track account activity online, by phone or bank machine within the CIBC network. Please note, no electronic or printed statements will be sent to customers with this option. Customers must review their account transactions through CIBC Online Banking, CIBC Telephone Banking or bank machines within the CIBC network at least once every 30 days and examine all entries and balances at that time.

™ Trademark of CIBC

® Registered trademark of CIBC.

* Trademark of Interac Inc., CIBC authorized user of trademark.