Interest Rates on Business Bank Accounts
Make your cash work harder
for your business with a great rate
Earn 1.30% promotional interest* on new deposits to your CIBC Business Investment Growth Account®.
Learn more About the CIBC Business Investment Growth Account. 1.30%CIBC Current prime rate % as of
Service Fees for Business Bank Accounts
Rates as of
| Business Bank Accounts | Daily Closing Balance | Rate | Promotional Rate on Incremental Balances* | Special Offers |
|---|---|---|---|---|
|
CIBC Business Investment Growth Account®
The CIBC Business Investment Growth Account offers the opportunity to earn a competitive rate of return on surplus funds while maintaining full liquidity. It is the perfect complement to your business operating account and provides you with easy access to your funds when you need them. |
Portion up to $49,999.99 | % | 1.30% | 0.65% |
| Portion $50,000 - $ 249,999.99 | % | 1.30% | ||
| Portion $250,000 - $ 999,999.99 | % | 1.30% | ||
| Portion $1,000,000 - $5,000,000 | % | 1.30% | ||
| Portion $5,000,000.01 - $10,000,000.00 | % | 1.30% | ||
| Portion $10,000,000.01 and over | % | 0.50% |
| 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 | % |
| Business Bank Accounts no longer offered |
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 | % |
See also: Personal Bank Account Rates, Mortgage Rates, Loans and Lines of Credit Rates
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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 banking centre today to open an account.
* This is a combined promotional and regular annual interest rate paid on new deposits made to a CIBC Business Investment Growth Account after July 31, 2017. The promotional and regular rates may change at any time without prior notice. Ask a CIBC advisor for current regular interest rates. The promotional rate is earned only on days when the end of day final balance exceeds the end of day final balance on July 31, 2017, and only on the portion of the deposited amounts in excess of the July 31, 2017 end of day final balance. The promotional rate is earned on the first $10,000,000 in excess of the July 31, 2017 end of day final balance. Balances in excess of $10,000,000 will receive regular annual interest only. If multiple CIBC Business Investment Growth Accounts are owned by a client, all account balances will be aggregated, for the purpose of calculating promotional interest. The promotional interest rate offer expires October 31, 2017. Interest is calculated daily on the end of day balance and paid monthly. Other conditions apply.
Review the full Promotional Offer Terms and Conditions (PDF, 33 KB)
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.
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