Interest Rates on Personal Bank Accounts1

Accelerate your savings

Earn %* interest on new deposits into a CIBC eAdvantage® Savings Account for a limited time.

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Learn more about the C I B C, E advantage savings account

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CIBC Current prime rate % as of

Service Fees for Personal Bank Accounts

The interest that you earn on your money depends on the type of bank account and balance you have.

Rates as of

Personal Bank Accounts Daily Closing Balance Rate Special Offers
CIBC eAdvantage® Savings Account2

Maximize your savings with competitive high interest when your balance is $5,000 or more.

Balance $5,000 or more % % on new deposits (limited time offer expires March 31, 2017
Bonus Interest on new balances2 % on New Balances (limited time offer expires March 31, 2014)
CIBC Bonus Savings Account3

Build your savings with competitive interest when your balance is $3,000 or more.

Balance up to $2,999.99 %
Balance $3,000 or more %
CIBC Premium Growth Account™4

Start your savings by earning interest on every dollar you save.

All Balances %
CIBC Advantage® for Youth

A CIBC Premium Growth Account that offers premium interest for anyone 18 years of age or younger.

All Balances %
CIBC PremierService® Account5

Cover all of your banking needs in one comprehensive package.

Portion up to $999.99 %
Portion $1,000 to $4,999.99 %
Portion $5,000 to $24,999.99 %
Portion $25,000 to $59,999.99 %
Portion $60,000 and over %
CIBC US$ Personal Account6

A convenient way to manage your U.S. dollars.

Balance up to $2,999.99 %
Balance $3,000 to $9,999.99 %
Balance $10,000 to $24,999.99 %
Balance $25,000 to $59,999.99 %
Portion $60,000 and over %

See also: TFSA Rates, Mortgage Rates, RRSP Rates, Business Account Rates

Terms and Conditions

* Combined bonus and regular annual interest rate paid on net new deposits made to a CIBC eAdvantage® Savings Account (“eSA”). Bonus and/or regular rates may change at any time without notice. The interest rates are calculated daily and paid monthly; regular interest is earned only on days when the account’s closing balance is $5,000 or more. Bonus interest is earned until Mar 31/17 and only on days when net new deposits exceed the closing balance as of Oct 31/16. Other conditions apply.

® Registered trademark of CIBC. CIBC Cube Design & “Banking that fits your life.” are trademarks of CIBC.

2 Occasionally, CIBC has a bonus interest offer for the CIBC eAdvantage Savings Account.

General

1. The CIBC eAdvantage Savings Account (the “eSA”) Bonus Interest Offer (the “eSA Offer”) begins on November 1, 2016 and continues until March 31, 2017 (the “eSA Offer Period”). The eSA Offer applies to eligible eSAs only.

Eligible eSAs

2. If an eSA is opened during the eSA Offer Period, it is eligible to earn bonus interest (“Bonus Interest”) on the full daily closing balance from the date the eSA is opened for the duration of the eSA Offer Period.

3. If an eSA was opened before the eSA Offer Period, it is eligible to earn Bonus Interest on the portion of the account’s daily closing balance that exceeds the closing balance as at October 31, 2016 (the “New Balance”). If an eSA is overdrawn as at October 31, 2016, the October 31, 2016 closing balance is deemed to be zero.

4. The eSA Offer is limited to one eSA per customer. While customers who opened an eSA(s) before the eSA Offer Period may open a new eSA(s) during the eSA Offer Period, the new eSA(s) will not be eligible for the eSA Offer. If a customer(s) opens more than one eSA under the same name(s) during the eSA Offer Period, only the first eSA opened will be eligible. If a customer(s) opens more than one eSA on the same day with the same account holder name(s), CIBC will determine which of the eSAs (if any) is eligible.

Bonus Interest and Regular Interest

5. Bonus Interest is calculated daily at the current rate and paid monthly on:
    (a) each day’s full closing balance, for an eligible eSA opened during the eSA Offer Period; or
    (b) each day’s New Balance, for an eligible eSA opened before the eSA Offer Period.

Regular interest (“Regular Interest”) is calculated daily at the current rate on each day’s full closing balance when the final balance is $5,000 or more, and paid monthly.

Bonus Interest may be referred to as “Promotional Interest” on record keeping (i.e. CIBC Online Banking, ABMs, etc.).

For current Regular and Bonus Interest rates, ask at any CIBC Branch or visit www.cibc.com. Regular and/or Bonus Interest rates may change at any time without prior notice.

Restrictions

6. Bonus Interest will not be paid on funds that are transferred during the eSA Offer Period:
    (a) from an eSA opened prior to the eSA Offer Period to an eSA that is opened during the eSA Offer Period; or
    (b) from an eSA opened prior to the eSA Offer Period to another CIBC personal bank account and then back to an eSA.

7. Any balances that become eSA balances when another CIBC personal bank account is converted to an eSA during the eSA Offer Period will not earn Bonus Interest. “Converted” is a term used to describe when any CIBC personal bank account (such as a CIBC Premium Growth Account) is changed into an eSA, either directly or indirectly, without changing the original account number.

8. There can only be one eSA Offer on each eSA. This eSA Offer cannot be combined with any other offer on your eSA. CIBC, in its sole discretion, may change these terms and conditions or withdraw this eSA Offer at any time without notice. CIBC reserves the right, in its sole discretion, to disqualify, limit or revoke this eSA Offer in respect of any CIBC customer who it determines or believes is abusing or manipulating this eSA Offer.