CIBC Premium Growth Account™

Start reaching your savings goals today

CIBC Premium Growth Account™

  • Earn a competitive % interest rate on every dollar you save
  • Your interest is calculated daily and paid monthly


Save for the future, faster

What you need to know:

  • No minimum balance required to earn interest
  • Earn a competitive % interest rate on every dollar you save

Rates & Fees


Daily Closing $ Balance Interest Rate
All balances %

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
$1.50 per transaction
Personalized cheques availableFees apply
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
Quarterly statement$0.50/month
Monthly statement with cheques imaged2$2.50/month
Interim statement$4.50 each
Bankbook record keeping$2.00/month
Paperless record keeping3Free

Personal Account Service Fees (260 KB)


Find the right savings account for you

CIBC Premium
Growth Account
Apply Now
CIBC eAdvantage™
Savings Account
CIBC Bonus
Savings Account
Personal Account
Earn % interest on all balances Earn %* interest on new deposits when your balance is $5,000 or more. Offer expires March 31, 2014. Earn % interest when your balance is $3,000 or more Earn up to 0.30% interest
$1.50 per transaction Free online transfers, $5 per transaction 1 free transaction1 per month, $5 for each additional 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

More ways to save

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

  • Free banking with the CIBC Premium Growth Account
  • Competitive interest rates

Visit a branch

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

  • 2 free transactions1 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)

Learn more

Enjoy easier banking with lower fees.

CIBC Everyday Banking Bundle

Learn more


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Top 10 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 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 Only the front of cheques will be imaged.

3 “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.

* 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. 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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