CIBC Smart™ Account
No more than a $14.95 monthly fee for unlimited transactions, including unlimited Interac e-Transfers®,2. Plus, set up a recurring payroll deposit and we will waive the monthly fee for one year.
Qualify for no-monthly banking fee if you maintain a minimum end of day balance of $3,000 each day after the 12 month period and complete a recurring direct deposit or two pre-authorized debits each month in your account.
With your Smart Account, get the CIBC Advantage Debit Card™ and shop online and around the world.
Get closer to your goals with an account that best fits your savings needs.
- Maximize your savings with high interest when your balance is $5,000 or more3
- Build your savings with a competitive interest rate on every dollar saved when your balance is $3,000 or more4
- Start your savings with a competitive interest rate on every dollar saved
At CIBC, we recognize that your financial needs change throughout your life. Use CIBC Financial HealthCheck™, and a CIBC advisor can work with you to identify your financial goals and how to achieve them.
For information on our full range of chequing and savings accounts, call CIBC Telephone Banking at 1-800-465-2422. Alternatively, learn more about CIBC bank accounts about C I B C bank accounts.
Terms and conditions
NOTE: Offers related to and products and/or services in the CIBC Group Banking Plan can be changed or withdrawn at any time without prior notice.
1 CIBC Smart Account monthly fee is waived for the first year after which the monthly fee applies. Fee waiver is conditional upon your recurring monthly payroll deposit from your identified employer ("your Payroll") being deposited into your CIBC Smart Account within 30 days after you enroll in the CIBC Group Banking Offer. Your payroll must be deposited on a recurring basis at least monthly for the one-year offer period. See Personal Account Service Fees brochure or visit www.cibc.com for details on CIBC Smart Account regular fees.
2 Additional fees apply to withdrawals from non-CIBC bank machines, Interac e-Transfers® and cheques written in currencies other than the account currency. The Interac e-Transfer® fee is waived for CIBC Smart Accounts.
3 Interest is earned if your balance is $5,000 or more. If the balance drops below $5,000, interest will not be earned for the days that the balance remains under $5,000. Interest is calculated on each day's final balance and paid monthly.
4 Interest is calculated on each day's final balance and paid monthly.
Interac® and Interac e-Transfer® are registered trademarks of Interac Inc. Used under license. CIBC Smart, CIBC Cube Design and “Banking that fits your life” are trademarks of CIBC. All other trademarks are owned by CIBC.
Get started with the CIBC Group Banking Plan today!
It's simple. Visit your nearest banking centre and just show any one of these documents:
- Business Card
- Benefits Card
- Membership Card