Interest Rates on Personal Bank Accounts1

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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 %
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

1 Interest is credited to your account as of the last business day in the interest period. However, the interest cannot be withdrawn, and will not be printed at branch terminals or at CIBC's Bank Machines or made available through CIBC Telephone or Online Banking, until two business days after the end of the interest period.

Interest rates quoted are annual. Interest rates and balance tiers are subject to change without prior notice.

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

3 Interest is calculated on each day's final balance and paid monthly. The rate earned is dependent on each day’s final balance.

4 Interest is calculated on each day's final balance and paid monthly.

5 Interest is calculated on each day's final balance and paid monthly. You earn the rate for each savings tier in which a portion of your balance falls as outlined in the chart.

6 Interest is calculated on each day's final balance and paid monthly. When each day’s final balance falls in any of the first four tiers, your entire account balance earns the rate displayed for your balance’s highest tier. The rate for the final tier only applies to the portion of the balance falling in that tier.