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Everyday Banking
Everyday

CIBC Everyday® Chequing Account

This account is ideal for your day-to-day banking needs. Plus, your monthly fee is waived if you maintain a minimum monthly balance of $1,000.

Interested in opening a new account?

If you're already registered for CIBC Online Banking, you can sign on to apply now. Otherwise, call Telephone Banking or visit one of our branches.

1-866-525-8622 toll free


Is it for you?

The CIBC Everyday® Chequing Account could be for you if either of the following applies:

  • You make relatively few transactions
  • You want the opportunity to waive your monthly fee by maintaining a minimum balance

Key benefits


Saves you money
  • Receive up to 10 transactions1 per month for $3.90 - including cash withdrawals, bill payments, chequing and INTERAC* Direct Payment purchases
  • Monthly fee is waived if you maintain a minimum monthly balance of $1,000
Convenient
  • Access your account through CIBC branches and bank machines, Telephone or Online Banking, or INTERAC Direct Payment purchases
  • Choose the free record keeping option that suits you best: bankbook, basic monthly or quarterly statement, or paperless option
CIBC Advantage® for Students
  • Full-time college, university or CEGEP students qualify for free transactions1
  • No monthly fee
CIBC 60 Plus Advantage®
  • Free transactions1 and no monthly fee
  • Bank drafts and money orders are free
  • Receive $5 off the annual rental fee for a safety deposit box (any size; subject to availability)

Information you need to know

  • Up to 10 transactions for $3.90 per month; 60 cents for each additional transaction over 10
  • Your $3.90 monthly fee is waived if you maintain a minimum monthly balance of at least $1,000
  • Monthly statement with cheques imaged2: $2.50/month
  • Interim statement: $4.50 each

Trademarks and disclaimers

Products and their features may change at any time.

This is a general description only. For complete information about fees, refer to the service fee disclosure brochure Personal Account Service Fees effective April 1, 2007.

1 "Transaction" includes the following: cheques, withdrawals, pre-authorized payments, bill payments and INTERAC Direct Payment purchases. All withdrawals at bank machines not displaying the CIBC name or logo are subject to additional
fee(s).

2 Only the front of cheques will be imaged.

® Registered trademark of CIBC.

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