CIBC Everyday® Chequing Account

When your banking needs are few

CIBC Everyday® Chequing Account

This account gives you what you need for your minimal day-to-day banking.

  • Low monthly fee of only $3.90
  • Includes 12 free transactions1 each month
  • Monthly fee is waived when you maintain a balance of $1,000 or more
  • Shop online & around the world with your CIBC Advantage Debit Card®
  • Receiving Interac e-Transfers® is free
What is VISA* Debit?

An enhanced debit card that uses the VISA network to process debit payments.

What it means for you

You can continue to pay by debit at stores in Canada. The enhancement lets you pay by debit online, by phone, by mail and in person anywhere in the world where Visa or Visa Debit are accepted, with the added security from Visa.

Learn more: the CIBC Advantage Debit Card

Meet your day-to-day banking needs

Monthly Fees $3.90
Waived when you maintain a $1,000 minimum balance.
  • Cheques
  • Withdrawals (including ABM)
  • Transfers
  • Pre-authorized payments
  • Bill payments
  • Debit purchases
12 free per month, and $1 for each additional transaction
  • Sending Interac e-Transfers®
  • Non-CIBC bank machine withdrawals

$1.50 each + transaction fee, if applicable2
Personal Account Service Fees
Additional Service Fees


Find the right account for you

I want an account for my basic banking needs

CIBC Everyday Chequing Account

Apply Now: For a CIBC Everyday Chequing Account
  • 12 transactions per month
  • $3.90 monthly fee (waived when you maintain a $1,000 minimum balance)
  • $1.50 + applicable transaction fee for each Interac e-Transfer®


Bank anywhere, anytime, on any device

On your phone

Take a picture and deposit a cheque with CIBC eDeposit™, or pay for purchases with the CIBC Mobile Payment™ App.

Online and on the go

Pay bills, transfer money, check your statements and more, with award-winning CIBC Online Banking, or Mobile Banking (available on Apple Watch, iOS, Android and BlackBerry).

When you want

Bank after work and on weekends at many of our 1,100+ branches, or at any of our bank machines.
Find a branch or ATM close to you.

With an advisor

Make the most of your money with the help of our expert advisors. Chat with an agent or visit a branch.


Enter your questions in sentence form, e.g.: What types of accounts does CIBC offer?

See the Top 10 Most-Asked Questions

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. For Everyday Chequing and EverydayPlus Chequing there is a $1.00 fee for each additional transaction over the monthly limit.

2 The regular fee applies to sending any additional Interac e-Transfers®. Transfers cannot be carried forward to subsequent months.