◊ Offer begins on February 29, 2020, at 12:01 am ET and ends on June 30, 2020, at 11:59 pm ET. Offer available to Canadian residents who have reached the age of majority and who are not holders or joint holders of a CIBC chequing account. To qualify, open a CIBC Smart™ Account and provide your email address. Within 3 months of opening the account, set up and complete on a recurring basis each month at least one (1) eligible direct deposit OR at least two (2) different eligible pre-authorized debits. Offer cannot be combined with any other offer, reward or rebate unless otherwise indicated. The cash reward will be deposited into your account seven (7) months after you have completed the required transactions. Other conditions apply; visit a CIBC Banking Centre or review the terms and conditions (PDF, 135 KB) Opens a new window in your browser.
† Offer only open to Canadian residents who are not holders or joint holders of a CIBC chequing account.
To qualify, open a CIBC Smart Account and provide your email address. Within 3 months of opening the account, set up and complete on a recurring basis each month 1 eligible direct deposit OR 2 different eligible pre-authorized debits (each, a “Qualifying Action”). The monthly fee will be rebated for the month in which the account is opened and for the next 3 months.
If at least 1 Qualifying Action is completed each month for the subsequent 9 months following the first 3 months after the account was opened, the monthly account fee will be rebated for each month in which the Qualifying Action occurs. The monthly account fee will apply for each month where no Qualifying Action occurs and at the end of the offer period without further notice. Other service fees continue to apply as set out in the Personal Account Service Fees brochure (PDF, 680 KB) Opens a new window in your browser.
‡ Unlimited everyday banking for a capped monthly fee of $14.95.
1 A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. For CIBC eAdvantage® Savings Accounts, a transaction does not include transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking®, CIBC Mobile Banking®, CIBC Telephone Banking and at CIBC ATMs. For all accounts, transfers to CIBC-branded loans (excluding CIBC Personal Lines of Credit), mortgages and investments (registered and non-registered) are free. "CIBC-branded” means any brand that has CIBC in its name and is offered by CIBC or its Canadian affiliates (and does not include CIBC Bank USA). Other fees (in addition to any transaction fee) include: withdrawals from non-CIBC bank machines (rebated for CIBC SmartTM Plus Accounts except the 2.5% administration fee on the converted amount of foreign currency ATM withdrawals), wire payments, Interac e-Transfer transactions (the Interac e-Transfer fee is waived for CIBC Smart Accounts, CIBC Smart Plus Accounts and for clients who are enrolled in CIBC Advantage® for Youth, CIBC SmartTM for Students, CIBC Smart for Seniors (on the CIBC Smart Account) and CIBC Advantage® for Students (on the CIBC Everyday® Chequing Account) and transactions in foreign currency (including cheques written in currencies other than the account currency).
For a description of transactions that are included in the CIBC Smart™ Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services, review the PersonalOpens a new window in your browser Account Service Fees brochure (PDF, 680 KB) Opens a new window in your browser.