Interest rates on business bank accounts

CIBC current prime rate RDS%rate[1].PRIME.rate(null,null,null,null)(#O2#)% as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Get a savings account and earn interest

Limited time offer

Grow your money with a CIBC Business Investment Growth Account, earning promotional interest on new deposits of up to $5 million between July 1 and October 31, 2025.^†

Apply now Learn more

Review all other product rates

Mortgage rates
Loans and lines of credit rates
Personal bank account rates
Business bank account rates
GIC rates
CIBC Business GIC Rates
TFSA rates
RRSP rates
RRIF and LIF rates
Mutual fund rates
Exchange Traded Fund (ETF) Rates of Return
FHSA rates

Business account service fees (PDF, 295 KB) Opens in a new window.

Rates as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Business bank accounts

CIBC Business Investment Growth Account^®

Limited time offer

The CIBC Business Investment Growth Account offers the opportunity to earn a competitive rate of return on surplus funds while maintaining full liquidity. It’s the perfect complement to your business operating account and provides you with easy access to your funds when you need them.

Daily Closing Balance	Rate	Promotional Rate^†
Portion up to $49,999.99	RDS [%rate[3].BIGA.Published(null,0.0_up to_49999.99_CAD_Portion,1,1)(#O2#)%]	2.00%
Portion $50,000 to $249,999.99	RDS [%rate[3].BIGA.Published(null,50000.0_-_249999.99_CAD_Portion,1,1)(#O2#)%]	2.25%
Portion $250,000 to $999,999.99	RDS [%rate[3].BIGA.Published(null,250000.0_-_999999.99_CAD_Portion,1,1)(#O2#)%]	2.50%
Portion $1,000,000 to $5,000,000	RDS [%rate[3].BIGA.Published(null,1000000.0_-_5000000.0_CAD_Portion,1,1)(#O2#)%]	2.75%
Portion $5,000,000.01 to $10,000,000.00	RDS [%rate[3].BIGA.Published(null,5000000.01_-_1.0E7_CAD_Portion,1,1)(#O2#)%]	N/A
Portion $10,000,000.01 and over	RDS [%rate[3].BIGA.Published(null,1.000000001E7_and over_0.0_CAD_Portion,1,1)(#O2#)%]	N/A

CIBC Agrilnvest Account

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

Monthly Average Balance³	Rate
Portion $0 to $9,999.99	RDS%rate[3].AGRI.Published(null,0.0_up to_9999.99_CAD_Portion,1,6)(#O2#)%
Portion $10,000 to $24,999.99	RDS%rate[3].AGRI.Published(null,10000.0_-_24999.99_CAD_Portion,1,6)(#O2#)%
Portion $25,000 to $49,999.99	RDS%rate[3].AGRI.Published(null,25000.0_-_49999.99_CAD_Portion,1,6)(#O2#)%
Portion $50,000 to $99,999.99	RDS%rate[3].AGRI.Published(null,50000.0_-_99999.99_CAD_Portion,1,6)(#O2#)%
Portion $100,000 and over	RDS%rate[3].AGRI.Published(null,100000.0_and over_0.0_CAD_Portion,1,6)(#O2#)%

Business bank accounts no longer offered

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.

Daily Closing Balance¹	Rate
Portion $0 to $9,999.99	RDS%rate[3].CBIA.Published(null,0.0_up to_9999.99_CAD_Portion,1,6)(#O2#)%
Portion $10,000 to $99,999.99	RDS%rate[3].CBIA.Published(null,10000.0_-_99999.99_CAD_Portion,1,6)(#O2#)%
Portion $100,000 to $249,999.99	RDS%rate[3].CBIA.Published(null,100000.0_-_249999.99_CAD_Portion,1,6)(#O2#)%
Portion $250,000 to $999,999.99	RDS%rate[3].CBIA.Published(null,250000.0_-_999999.99_CAD_Portion,1,6)(#O2#)%
Portion $1,000,000 to $5,000,000	RDS%rate[3].CBIA.Published(null,1000000.0_-_5000000.0_CAD_Portion,1,6)(#O2#)%
Portion $5,000,000.01 and over	RDS%rate[3].CBIA.Published(null,5000000.01_and over_0.0_CAD_Portion,1,6)(#O2#)%
Annual Bonus Interest rate²	RDS%rate[3].CBIA.Published(null,0.01_and over_0.0_CAD_Bonus,1,6)(#O2#)%

Explore: Personal bank account rates, Mortgage rates, Loans and lines of credit rates

Contact us

Connect with a business banking expert on your schedule.

Call for questions about sales and products
1-866-992-7223

Call for questions about everyday banking
1-800-465-2422

Contact our Business Client Advice Centre

CIBC is a member of Canada Deposit Insurance Corporation (CDIC)

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 CIBC Banking Centre terminals or at any CIBC ATM or made available through CIBC Telephone Banking or CIBC Online Banking^®, until 2 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 banking centre.

If you have any questions about our interest rates, visit a CIBC Banking Centre today to learn more about opening an account or call 1-800-465-2422Opens your phone app..

^† Promotional Interest Offer

The following Terms and Conditions explain in detail how promotional interest can be earned on new and existing CIBC Business Investment Growth Accounts.

Promotional Offer Period

1. The CIBC Business Investment Growth Account (the “BIGA”) Promotional Interest Offer (the “BIGA Offer”) begins on July 1, 2025 and continues until October 31, 2025 (the “BIGA Promotional Offer Period”).

Promotional Interest and Regular Interest

2. Promotional Interest is calculated daily at the current rate and paid monthly based on the following criteria:

If a BIGA is opened during the BIGA Promotional Offer Period, it is eligible to earn Promotional Interest on the end of day final balance from the date the BIGA is opened for the duration of the BIGA Promotional Offer Period.
If a BIGA was opened before the Promotional Offer Period, it is eligible to earn Promotional Interest on the portion of the account’s end of day final balance that exceeds the end of day final balance as at June 30, 2025. If a BIGA is overdrawn as at June 30, 2025, Promotional Interest will be applied to new balances after overdrawn funds have been cleared.

Regular interest (“Regular Interest”) is calculated daily at the current rate on each day’s end of day final balance, and paid monthly.

Regular Interest may be referred to as “Daily Credit Interest” and Promotional Interest may be referred to as “Promo Interest” on record keeping (such as CIBC Online Banking).

Regular and/or Promotional Interest rates may change at any time without prior notice. For current Regular and Promotional Interest rates, visit the CIBC Business Account Rates page.

Restrictions

3. BIGA and BIGA Offer are available to eligible Small Business, Private Wealth, and Commercial Banking – Independent Business clients.

4. Promotional Interest will not be paid on funds that are transferred during the BIGA Promotional Offer Period:

From a BIGA opened prior to the BIGA Promotional Offer Period to a BIGA that is opened during the BIGA Promotional Offer Period, or
From a BIGA opened prior to the BIGA Promotional Offer Period to another CIBC bank account, and then back to a BIGA.

5. The Promotional Interest rate is earned on the first $5,000,000 in excess of the end of day final balance on June 30, 2025, or end of day final balance as of the date the BIGA is opened, for accounts opened during a campaign. Balances in excess of the first $5,000,000 will receive regular annual interest only. If multiple BIGAs are owned by a client, all account balances will be aggregated, for the purpose of calculating Promotional Interest.

General Terms and Conditions for Interest on Deposit Accounts

6. Interest will be credited to your account effective as of the last business day of the calendar month and will be reflected in your account records and available to you two business days after the end of the calendar month.

7. Interest rates quoted are annual.

8. The interest rate for each balance tier applies only to the portion of the balance which is in that tier. Interest rates and balance tiers are subject to change without prior notice and are on display at any banking centre.

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.

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.

Trademarks