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CIBC Bonus Savings Account

Whether you’re saving for short-term goals or long-term aspirations, this account will help you get there sooner with interest on every dollar you save.

  • Interest on every dollar plus a higher rate when your balance is $3,000 or more
  • 1 FREE transaction1 per month
  • Keep your savings on track by setting up recurring deposits through CIBC Online Banking


Build your savings

  • Interest on every dollar and a % interest rate when your balance is $3,000 or more
  • Interest calculated each day and paid monthly
  • 1 FREE transaction1 per month.

Rates & Fees


When your balance is: You earn an interest rate of:
Up to $2,999.99 %
$3,000.00 or more %

All rates

Monthly feesNone
- Cheques
- Withdrawals (including ATM)
- Transfers
- Pre-authorized payments
- Bill payments
- Debit purchases
1 free transaction per month. $5 for each additional transaction
Paperless record keeping2Free
Account InquiriesFree
Receiving Interac e-Transfer®Free
Sending Interac e-Transfer®$1.50 each + transaction fee, if applicable
Non-CIBC bank machine withdrawal$1.50 each + transaction fee, if applicable

Personal Account Service Fees (260 KB)


Bank anywhere, anytime, on any device

More on mobile

Take a picture and deposit a cheque. Use your phone to pay for coffee. Connect to your Apple Watch™. Our award-winning mobile banking apps do all this and more.

Performance online

Track your spending, pay bills, transfer money – even set a savings goal for the future. CIBC Online Banking has it all. And we’ve got the awards to prove it.

ATMs are nearby

We’ve got cash. Even U.S. cash. With almost 4,000 bank machines across Canada, you’re sure to find an ATM close to you.

Make it personal

Bank evenings and weekends at many of our 1,100+ branches, or chat with an agent online. If you need to talk money, our advisors are available. Find a branch nearby.

All-inclusive banking that can save you hundreds.

CIBC Premium Banking Bundle

Learn more


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Terms and Conditions

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 cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. For CIBC eAdvantage Savings Accounts, a transaction does not include transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking® and CIBC Mobile Banking®. Additional fee(s) apply to withdrawals from non-CIBC bank machines, Interac e-Transfer® transactions and transactions in foreign currency (including cheques written in currencies other than the account currency). These fees apply to all customers, including CIBC Advantage for Youth, CIBC Advantage for Students and CIBC 60 Plus Advantage customers

2 “Paperless” record keeping is a paper-free alternative to statements and bankbooks. This option enables customers to track account activity online or by phone or CIBC bank machine. Please note, no printed statements will be sent to customers selecting this option. Customers must review their account transactions through CIBC Online Banking, CIBC Mobile Banking®, CIBC Telephone Banking or CIBC bank machines at least once every 30 days and examine all entries and balances at that time. If there are any errors, omissions or irregularities, customers must notify CIBC in writing within 60 days after the date on which the entry was, or should have been, posted to the account. Banking activity that occurred prior to Online Banking registration will not be available in the Online or Mobile Banking transaction history.

3 To qualify for the CIBC Banking Bundles, you need to have an eligible CIBC Mortgage or Secured Line of Credit, a CIBC Investment and either a CIBC Credit Card or Creditor Insurance.

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