The CIBC Advantage for Students gives students a 50% discount on monthly fees and transaction fees on a CIBC Everyday® Chequing Account. Plus, the monthly fee is waived when a minimum monthly balance of $1,000 is maintained.

Is it for you?

CIBC Advantage for Students is for you if you are attending a qualifying, full-time post-secondary program (college, university, CEGEP).

Key benefits

Saves you money

You pay just $1.95 per month for up to 10 transactions and 30 cents for each additional transaction1 (Regularly, the monthly fee is $3.90 and 60 cents for additional transactions)
Monthly fee is waived when a minimum monthly balance of $1,000 is maintained
FREE transfers to your other CIBC personal bank accounts
FREE basic record keeping by bankbook, basic monthly or quarterly statement, or paperless option
FREE account balance inquiries through CIBC bank machines, CIBC Online Banking or Telephone Banking

Convenient

24-hour access to your account through bank machines, CIBC Telephone Banking, CIBC Online Banking and INTERAC* Direct Payment
Choose the record keeping option that suits you best: bankbook, basic monthly or quarterly statement (free), paperless option (free), or monthly statement with cheques imaged ($2.50 per month) or cheques returned ($3.50 per month)

Information you need to know:

Monthly fee: $1.95 for up to 10 transactions, 30 cents for each additional transaction1
Monthly fee is waived if a minimum monthly balance of $1,000 is maintained
Additional fees apply to withdrawals from non-CIBC bank machines
Verification of enrolment in a full-time post-secondary program (college, university or CEGEP) is required
Student discounts are in effect for up to 12 months, after which students must reapply

Important Information

Products and their features may change at any time.

This is a general description only. For more information and product terms and conditions, consult product brochures or call CIBC at 1-866-525-8622.

1 "Transaction" includes the following: cheques, withdrawals, pre-authorized payments, bill payments and Interac Direct Payment purchases. Additional fee(s) apply to all withdrawals at bank machines not displaying the CIBC or Amicus Bank name or logo; the student discount does not apply to these.

® Registered trademark of CIBC.

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