Interest Rates on Business Bank Accounts

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CIBC Current prime rate % as of

Service Fees for Business Bank Accounts

Rates as of

Business Bank Accounts Daily Closing Balance1 Rate Special Offers
CIBC Business Interest Account®

The CIBC Business Interest Account (CBIA) allows your business to earn a competitive interest rate on surplus funds while giving you the flexibility to access these funds as your business requires.

Portion $0 to $9,999.99 %*
Portion $10,000 to $99,999.99 %*
Portion $100,000 to $249,999.99 %*
Portion $250,000 to $999,999.99 %*
Portion $1,000,000 to $5,000,000 %*
Portion $5,000,000.01 and over %*
Annual Bonus Interest rate2
(* included in above interest rates)
%
Business Bank Accounts Monthly Average Balance3 Rate Special Offers
CIBC AgriInvest Account

The CIBC AgriInvest Account is an interest bearing account with no monthly account fees or day-to-day transaction fees. It is designed specifically for farmers participating in the Canadian federal government's AgriInvest Program.

Portion $0 to $9,999.99 %
Portion $10,000 to $24,999.99 %
Portion $25,000 to $49,999.99 %
Portion $50,000 to $99,999.99 %
Portion $100,000 and over %

See also: Personal Bank Account Rates, Mortgage Rates, Loans and Lines of Credit Rates

Terms and Conditions

NOTE: 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 However, the interest cannot be withdrawn, and will not be printed at branch terminals or at any CIBC Instant Teller® location or made available through CIBC Telephone Banking or CIBC Online Banking, until two business days after the end of the calendar month.

Interest rates quoted are annual and are subject to change without prior notice and are on display at any branch.

If you have any questions about our interest rates, call 1-800-465-2422, or come into your local CIBC branch today to open an account.

1 Interest (excluding Bonus Interest) is calculated on each day’s final daily closing balance and paid monthly. The interest rate paid for each “portion” tier applies to the portion of each day’s final daily closing balance which is in that tier. When the final daily account balance is less than $10,000 no interest is paid on that day’s balance, except for bonus interest.

2 Annual Bonus Interest is calculated on the minimum balance in the account during the calendar month and paid monthly.

3 Interest is calculated and paid monthly on the Monthly Average Balance of the account. Monthly Average Balance is the average of the daily closing credit balance for the month. The interest rate paid for each "portion" tier applies only to the portion of the Monthly Average Balance which is in that tier.