† CIBC Newcomer Banking Bundle
Earn up to $2,500 in value by taking advantage of all the offers in the CIBC Newcomer Banking Bundle. The value you receive depends on the offers for which you meet and complete all qualifying actions. CIBC may cancel or change these offers at any time without notice. The maximum value of $2,500 is not guaranteed and is contingent on meeting the requirements for each individual offer as detailed below:
1. Save over $400 in monthly fees with a new CIBC Smart Account for Newcomers:
- Save $16.95 per month in monthly fees, for a total of $406.80 over 2 years.
- After your second year, your monthly fee will be either:
- $16.95 per month; or
- $0 if you maintain a minimum end of day account balance of $4,000 each day for that month, in any one of your CIBC Smart Accounts.
Learn more about the CIBC Smart Account for Newcomers.
2. Bundle to earn up to $600
- The CIBC Smart Account and Credit Card Offer (the “Offer”) begins on January 22, 2026 at 12:01 am ET and ends on May 13, 2026 at 9:00 pm (ET) (the “Offer Period”). The Offer consists of two rewards: (a) a $500 cash reward, and (b) a $100 cash reward (which can be earned separately or combined). The Offer is open to residents of Canada who: (i) are age 25 and older, (ii) not a holder (or joint holder) of a CIBC chequing account at any time within the past 5 years, and (iii) are not CIBC employees or retired employees. To be eligible for the $100 cash reward, in addition to the foregoing criteria, you must not have been a primary cardholder of any CIBC credit card during the 5 years before opening your new eligible credit card account.
- To qualify to receive a $500 cash reward, open a CIBC Smart Account during the Offer Period and provide your email address. Within 60 days of opening the account, set up and execute 1 recurring direct deposit of at least $500 or more per month from your employer, government, or your pension, and complete at least 1 of the following 3 activities:
(i) 2 separate recurring pre-authorized debits in the same calendar month;
(ii) 5 eligible Visa Debit purchases in the same calendar month; or
(iii) 2 online bill payments of at least $50 each in the same calendar month.
- To qualify for the $100 cash reward, open a CIBC Smart Account during the Offer Period and provide your email address. Within 30 days from the date of opening the CIBC Smart Account, apply for and be approved for an eligible CIBC credit card. For a list of eligible cards, review the offer terms and conditions (PDF, 155 KB) Opens a new window.. Within 60 days of opening the CIBC Smart Account, set up and execute 1 recurring direct deposit of at least $500 or more per month from your employer, government, or your pension.
- All direct deposit(s) and pre-authorized debits required to qualify for this Offer must recur either weekly, biweekly, monthly or twice per month and remain in effect for at least 1 year starting the month after the CIBC Smart Account was opened.
- Unless otherwise indicated, this offer cannot be combined with any other chequing account offer, rebate, reward, or the CIBC Smart Start or CIBC Smart for Students benefit on the CIBC Smart account.
- The $500 cash reward will be deposited into the qualifying CIBC Smart Account within 7 months after the month you opened the account and the $100 cash reward will be deposited into the qualifying CIBC Smart Account within 9 months after the month you opened the account. CIBC reserves the right to end, cancel, change or suspend this offer or change these terms for any reason without notice. Other conditions apply; review the terms and conditions (PDF, 155 KB) Opens a new window..
3. Get $198 in value with an annual fee rebate for 2 years for you and up to 3 Authorized Users when you open a CIBC Dividend Platinum® Visa* Card
- The $99 annual fee on your eligible credit card could be rebated each year for a value of $198 in total over 2 years.
- To qualify, you must apply and be approved for a new CIBC Dividend® Visa Infinite* Card or CIBC Dividend Platinum® Visa* Card beginning on July 8, 2025. You are not eligible to receive this Offer if you have opened, transferred or cancelled another Dividend card within the last 12 months.
- Once approved, CIBC will, for the first two years, rebate the applicable annual fee for you (the primary cardholder) and up to three authorized users added at the time of the application.
Learn more about CIBC credit cards for newcomers.
4. Earn $75 cash when you refer a friend to CIBC
- Earn $75 (a “Reward”) for each successful referral. Maximum 50 referrals per calendar year, for a total value of $3,750.
- To qualify, a Referrer must refer a Friend and the Friend must open an eligible Smart Account and complete all qualifying actions in accordance with the CIBC Smart Account Refer-a-Friend Program Terms (PDF, 175 KB) Opens a new window..
- Limit of one (1) Reward payable to a Referrer per qualifying Friend and one (1) Reward payable to a qualifying Friend, regardless of how many CIBC Smart accounts are opened by the Friend.
Learn more about the CIBC Smart Account Refer-a-Friend Program.
5. Get up to $700 cash back when you send money abroad with your first CIBC Global Money Transfer™. Use promo code REWARD.
- Offer ends 11:59:59 pm EST on October 31, 2026. To be eligible, you must have a CIBC personal bank account or eligible credit card and must not have used CIBC Global Money Transfer before.
- Cash back amounts you could receive on your first transfer are as follows:
(i) $35 CA cash back for transfer amounts between $100 CA to $9,999.99 CA
(ii) $100 CA cash back for transfer amounts between $10,000 CA to $29,999.99 CA
(iii) $300 CA cash back for transfer amounts between $30,000 CA to $49,999.99 CA
(iv) $500 CA cash back for transfer amounts between $50,000 CA to $69,999.99 CA
(v) $700 CA cash back for transfer amounts between $70,000 CA or more
- GMT transfer limits may apply depending on the transfer method, receiving country selected and credit card network used. These limits may reduce the maximum cash back for which you may qualify.
- Cash back will be applied to your CIBC account in 4 to 6 weeks.
Read the CIBC Global Money Transfer Agreement (135 KB, PDF) Opens a new window.
Learn more about the CIBC Global Money Transfer Offer.
6. Get $695 in value with 100 free online equity trades over 2 years
Free Trade Offer begins July 1, 2025 and ends June 30, 2026 and applies to new and eligible CIBC Investor’s Edge account(s) during the Offer Period online or by visiting a CIBC Banking Centre using promo code EDGENC25. 100 commission-free online stock and ETF trades will be added to your account upon its opening. Unused free trades will expire within 2 years from the date your account is opened and can’t be transferred to another CIBC Investor’s Edge account. Eligible account types include Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP), First Home Savings Account (FHSA), Non-registered account (personal) and Registered Retirement Income Fund (RRIF).
Full Offer details: terms and conditions (PDF, 40 KB) Opens a new window..
Learn more about investing in Canada. Opens a new window.
‡ The CIBC Smart™ Account for Newcomers is offered to those who have received one of the following:
- Landed immigrant status issued within the past 5 years; or
- A Canadian Permanent Resident Card issued within the past 5 years; or
- Confirmation of Permanent Residency (IMM5292 or IMM 5688) issued within the past 5 years.
The CIBC Smart Account for Foreign Workers is offered to temporary resident workers who have received one of the following:
- A Canadian work permit (IMM 1442) issued for at least a 12-month term; or
- A Refugee Claimant Document (IMM 585 or IMM 5565) issued with a valid work permit for at least a 12-month term.
To learn more about the CIBC Smart Account for Foreign Workers, visit our dedicated webpage.
Must show proof of entry into Canada, provide required supporting documents and provide a piece of photo identification. Monthly account fee is rebated for two years after which regular monthly account fees apply without notice.
◇ This offer applies to the following Eligible Cards: CIBC Dividend® Visa Infinite* Card and CIBC Dividend Platinum® Visa* Card. You can qualify for this offer if you apply and are approved for a new eligible card beginning on July 8, 2025.
Offer applies to newly approved card accounts only. Transfers and product changes from other CIBC credit cards are excluded from this offer. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
If you apply and are approved for a new eligible card, CIBC will rebate for the first two years the applicable annual fee for you (the primary cardholder) and up to three authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to the primary cardholder and will appear as a credit against the applicable annual fee(s) on the anniversary month statement period in which the annual fee is charged for each of the first two years, for a total of 2 annual fee rebates for each cardholder. At the time the rebate is awarded, your new credit card account must be open, in good standing and must be the same credit card product that you were initially approved for.
†† CIBC Smart® Account Refer-a-Friend $75 cash reward (the “Reward”) is part of the CIBC Smart® Account Refer-a-Friend Program (the “Program”). Offer begins on April 7, 2026 at 12:01 am (ET) and ends on July 7, 2026 at 11:59 pm (ET) (the “Offer Period”).
To be eligible as a referrer (a “Referrer”), individuals must: (i) be residents of Canada, (ii) be age 16 and over, (iii) hold a CIBC Canadian dollar chequing or savings account that is open, active and in good standing, and (iv) have registered for CIBC mobile or online banking. To be eligible as a friend (a “Friend”), an individual must: (i) at the time of account open, have not held (or jointly held) a CIBC Smart® Account as determined by CIBC on the basis of its official records, (ii) have a personal or family relationship with the Referrer, and (iii) meet the eligibility requirements to open an eligible CIBC Smart Account including CIBC Smart Account, CIBC Smart Start, CIBC Smart for Students, CIBC Smart Account for Newcomers, CIBC Smart for Seniors or CIBC Smart Account for Apprentices (each an “Account”).
To qualify to receive a $75 cash reward (the “Reward”), a Referrer must refer a Friend and the Friend must open an eligible Smart Account during the Offer Period and complete all qualifying actions in accordance with the CIBC Smart Account Refer-a-Friend Program Terms (PDF, 175 KB) Opens a new window.. Limit of one (1) Reward payable to a Referrer per qualifying Friend and one (1) Reward payable to a qualifying Friend, regardless of how many Accounts are opened by the Friend. Referrer may receive up to fifty (50) Rewards per calendar year. Referrals containing the “Refer and Earn” link must be created and distributed in a personal manner that is appropriate and customary for communications with friends and family members and must not appear to be sent by or on behalf of CIBC. Bulk email distribution, distribution to strangers, or individuals with whom the Referrer does not have a personal or family relationship may be grounds for immediate termination from the Program, revocation of Rewards and further legal action by CIBC. CIBC reserves the right to end, cancel, change or suspend this Offer or the Program, or change these terms for any reason without notice. Other conditions apply. To learn more, refer to the CIBC Smart Account Refer-a-Friend Program Terms (PDF, 175 KB) Opens a new window..
◊◊ The Offer begins July 1, 2025 and ends June 30, 2026. You must have a CIBC Smart™ Account for Newcomers to be eligible. Free Trade Offer applies to new eligible account(s) during the Offer Period online or by visiting a CIBC Banking Centre using promo code EDGENC25. 100 commission-free online stock and ETF trades will be added to your account upon its opening. Any unused free trades will expire within 2 years from the date your account is opened and can’t be transferred to another CIBC Investor’s Edge account or used after the expiry date. Eligible account types include Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP), First Home Savings Account (FHSA), Non-registered account (personal) and Registered Retirement Income Fund (RRIF), For full Offer details, review the terms and conditions (PDF, 40 KB) Opens a new window..
✦ If you have a CIBC personal bank account (savings, chequing or a personal line of credit) or an eligible CIBC credit card but have not yet tried CIBC Global Money Transfer (“GMT”), request a GMT transfer and you can receive up to $700 CA credited to your account depending on the amount of your first transfer:
- $35 CA credit for transfer amounts between $100 CA to $9,999.99 CA
- $100 CA credit for transfer amounts between $10,000 CA to $29,999.99 CA
- $300 CA credit for transfer amounts between $30,000 CA to $49,999.99 CA
- $500 CA credit for transfer amounts between $50,000 CA to $69,999.99 CA
- $700 CA credit for transfer amounts of $70,000 CA and over
If you pay for a GMT using your eligible credit card, the maximum amount that can be transferred is $15,000 CA, which means the maximum amount of cash back you could receive is $100 CA.
If you send to a Visa card, the maximum amount that can be transferred is $3,000 CA, which means the maximum amount of cash back you could receive is $35 CA.
If you send money for Cash Pickup, the maximum amount that can be transferred is $2,000 CA, which means the maximum amount of cash back you could receive is $35 CA.
If you send money to an Alipay digital wallet, the maximum amount that can be transferred is $8,000 CA, which means the maximum amount of cash back you could receive is $35 CA.
If you send money to a GCash or Maya digital wallet, the maximum amount that can be transferred is $2,000 CA, which means the maximum amount of cash back you could receive is $35 CA.
Other GMT transfer limits may apply depending on the transfer method, receiving country selected and credit card network used. These limits may reduce the maximum cash back you may qualify for.
The credit will be applied to your CIBC account in 4 to 6 weeks. Use promo code REWARD to claim offer. Offer ends 11:59:59 pm EST on October 31, 2025. CIBC may cancel or change the offer at any time without notice.
1 Earn 3% cash back on purchases, less returns, at merchants classified by the credit card network as grocery stores and supermarkets, or gas service stations, automated fuel-dispensers and electric vehicle charging with a merchant category code of MCC 5552. Earn 2% cash back on purchases, less returns, at merchants classified by the credit card network as (i) local and suburban commuter transportation in Canada, including subway, streetcar, taxi, limousine and ride-sharing services (excludes merchants that may be classified as travel services or travel bookings such as air transport, car rentals and cruises), (ii) eating places and restaurants, drinking places and fast food restaurants, or (iii) recurring payments that are pre-authorized with a merchant to occur on a regular daily, monthly or annual schedule and classified by the merchants as recurring. All other purchases earn 1% cash back. The 3% and 2% cash-back offers are only available on the first $80,000 in net annual card purchases, meaning all card purchases by all cardholders, at any type of merchant, or $20,000 on grocery stores, supermarkets, gas service stations and automated fuel-dispensers, merchants classified as electric vehicle charging with a merchant category code of MCC 5552, commuter transportation, eating and drinking places and restaurants, or on recurring payments on your account, whichever comes first; after that, net card purchases at all merchants, including grocery stores, supermarkets, gas service stations and automated fuel-dispensers, merchants classified as electric vehicle charging with a merchant category code of MCC 5552, commuter transportation, eating and drinking places and restaurants, or on recurring payments will earn cash back at the regular rate of 1%. The $80,000 limit and the $20,000 limit will reset to zero after the day your December statement is printed. Terms, conditions and eligible merchant/merchant categories may change without notice. Cash back is earned on card purchases less returns and not on cash advances, CIBC Global Money Transfers™, interest, fees, balance transfers, payments or CIBC Convenience Cheques. Credits for returns made on your account may result in a deduction of cash back at a higher earn rate, even though the return may relate to a purchase that earned cash back at a lower rate. We may make special offers, including offers to earn cash back on CIBC Global Money Transfers, which may be for a limited period and contain additional terms and conditions.
2 CIBC foreign exchange rates apply. A CIBC Global Money Transfer and a Foreign Exchange transaction counts towards your allowable transaction limit. Bank account transaction fees may apply. Must have a CIBC chequing account, savings account, eligible credit card or personal line of credit account to send a CIBC Global Money Transfer. Most transfers are completed within 1 to 3 business days. Only primary credit card cardholders can use their eligible credit card account to pay for the CIBC Global Money Transfer service.
Review the CIBC Global Money Transfer Agreement (PDF, 135 KB) Opens a new window..
3 The CIBC free credit score service is a feature in the CIBC Mobile Banking App which allows CIBC clients to subscribe to get their credit score from Equifax Canada.
The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties or by CIBC in certain instances to access your creditworthiness. The provision of this score to you is intended for your own educational use. Third parties and CIBC will take into consideration other information in addition to a credit score when evaluating your creditworthiness.
You should always obtain the most updated credit information and credit scores from Equifax Canada to ensure accuracy before making a major financial decision.
