Start something good.

CIBC Premium Growth Account™

    An easy way to start saving

  • % interest rate
  • Earn interest on every dollar
  • Keep your savings on track by setting up recurring deposits through CIBC Online Banking


Start saving today

What you need to know:

  • Earn a % interest rate on every dollar you save
  • Interest calculated each day and paid monthly

Rates & Fees

Earn interest

You earn an interest rate of:
All balances %

All rates

Monthly feesNone
- Cheques
- Withdrawals (including ATM)
- Transfers
- Pre-authorized payments
- Bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit)
- Debit purchases
$1.50 per transaction
Paperless record keeping1Free
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.

More ways to save

Are you 18 years old or younger? CIBC Advantage® for Youth offers:

  • Free banking with the CIBC Premium Growth Account
  • Interest on every dollar you save

Visit a branch

Are you 60 or older? CIBC 60 Plus Advantage® offers you:

  • 2 free transactions2 per month with the CIBC Premium Growth Account
  • Free bank drafts and money orders
  • $5 off the annual rental fee for a safety deposit box (any size; subject to availability)

Simplify your banking and save even more

Want to lower your fees? Consider the CIBC Everyday Banking Bundle.

Learn more


Enter your question in sentence form, e.g.: How do I open a bank account?

See the Top 10 Most-Asked Questions

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 “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.

2 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.