CIBC Bonus Savings Account

Build your savings with competitive interest

CIBC Bonus Savings Account

  • Earn a competitive % interest rate on balances of $3,000 or more
  • Earn interest on every dollar you save


Get more out of your savings

What you need to know:

  • Earn a competitive % interest rate when your balance is $3,000 or more
  • Get 1 free transaction1 per month. Additional transactions are $5 each
  • Interest is calculated on each day’s final balance and is paid to you monthly

Rates & Fees


Daily Closing $ Balance Interest Rate
Balance up to $2,999.99 %
Balance $3,000.00 or more %

All rates

Banking Fees

Monthly feesNone
- Cheques
- Withdrawals (including ABM)
- Transfers
- Pre-authorized payments
- Bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit)
- Debit purchases
1 free transaction per month. $5 for each additional transaction
Sending INTERAC e-Transfer™$1.50 each + transaction fee, if applicable
Receiving INTERAC e-TransferFree
Non-CIBC bank machine withdrawal$1.50 each + transaction fee, if applicable
Account inquiriesFree
Monthly statement$2.00/month
Monthly statement with cheques imaged3$2.50/month
Quarterly statement$0.50/month
Interim statement$4.50 each
Bankbook record keeping$2.00/month
Paperless record keeping2Free

Personal Account Service Fees (260 KB)


Find the right savings account for you

CIBC Bonus
Savings Account
Apply Now
CIBC eAdvantage™
Savings Account
CIBC Premium
Growth Account
Personal Account
Earn % interest when your balance is $3,000 or more Earn %* interest on new deposits when your balance is $5,000 or more. Offer expires March 31, 2014. Earn % interest on all balances Earn up to % interest
1 free transaction1 per month, $5 for each additional transaction Free online transfers, $5 per transaction $1.50 per transaction $0.75 US per transaction
No monthly fee No monthly fee No monthly fee No monthly fee


Experience the CIBC advantage


Extended branch hours at over 1,000 branches to better accommodate your busy schedule


Industry-leading mobile and online banking allows you to bank on the go with your smartphone and tablet


One of the largest bank machine networks in Canada for quick and easy access to your money

Total solution

Expert advisors are available to help you reduce your fees and make the most of your accounts with CIBC Banking Bundles4

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 online transfers to your other CIBC personal bank account(s) using the transfer function on CIBC Online and Mobile Banking. Additional fee(s) apply to withdrawals from non-CIBC bank machines, INTERAC e-Transfer™2 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 Only the front of cheques will be imaged.

*This is a combined bonus and regular annual interest rate paid on new deposits made to a CIBC eAdvantage Savings Account (“eSA”) when the account balance is $5,000 or more. The bonus and/or regular rates may change at any time without prior notice. The regular interest rate is paid on the full daily closing balance when the balance is $5,000 or more. The bonus rate is earned only on new deposits and only on days when the new deposits result in a full daily closing balance that exceeds the closing balance on October 31, 2013 (the New Balance). Bonus interest rate offer expires March 31, 2014. Interest is calculated daily on each day’s final balance and paid monthly. Interest rates are subject to change. Other conditions apply.

4 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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