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Business accounts

CIBC Business Investment Growth Account^®

A convenient account that lets you grow your money, so you can reach your business goals.

Get a savings account with the flexibility to access funds anytime, while you earn interest

Get a competitive interest rate¹

Earn more interest on higher account balances.

Move money

Easily transfer funds between your business accounts.

Access funds anytime

Withdraw money from your account when you need it.

Business Investment Growth Account at a glance

Monthly fee²

$0

Interest rate¹

RDS%rate[3].BIGA.Published(null,0.0_up to_49999.99_CAD_Portion,1,1)(#O2#)% to RDS%rate[3].BIGA.Published(null,1.000000001E7_and over_0.0_CAD_Portion,1,1)(#O2#)%

Based on daily closing balance

No minimum balance

Earn interest on every dollar

Transactions³

$1.00 for each self-service⁴ credit transaction

$1.25 for each full-service⁵ credit transaction

$5.00 for each debit transaction

Fees and details

How do I open an account?

Option 1: Complete the application form online; it’s quick and easy

Skip the trip to a banking centre and apply online, anytime. This is the most convenient way to open a business account ― complete the application form in as little as 30 minutes.
Apply nowto open a CIBC Business Investment Growth Account. Opens a new window in your browser.

Option 2: Complete the form and visit a CIBC Banking Centre

Complete the Business Account Application and Agreement (PDF, 400 KB) Opens in a new window.
All principal owners and anyone who will sign on the account must bring 2 pieces of valid ID to your appointment.
Meet with usOpens a new window in your browser.

Bring the records for your business type:

It's more than just banking for your small business

Man and woman working together on their laptops

Give access

Assign routine financial transactions and tasks to trusted individuals with CIBC Business Banking Customized Access. Get unlimited CIBC Business Banking Convenience Cards®.

Biz hub

Your go-to place for business advice.

Explore biz hub

Contact us

Connect with a business banking expert on your schedule or in your community.

Find an advisor

Telephone Banking: 1-800-465-2422 Opens your phone app. | Contact us

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

Available to qualified business clients only.

¹ Interest is 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. Interest rates quoted are annual and subject to change without prior notice, and are on display at any CIBC Banking Centre.

² Other fees may apply to the operation of your account. To learn more, refer to pages 6 to 12 in Business Account Service Fees (PDF, 995 KB) Opens in a new window..

³ Transactions include any debits and credits to your account (excluding CIBC interest credits and fee debits). Debits include, without limitation, withdrawals, cheques, pre-authorized payments, bill payments, Interac Direct Payments, Interac e-Transfer payments, direct deposits and transfers to other accounts. Credits include, without limitation, deposits, pre-authorized payments, bill payments, Interac Direct Payments, Interac e-Transfer payments, and direct deposits and transfers from other accounts (except transfers from CIBC business accounts). Additional charges may apply including, without limitation, Interac e-Transfer, “Items Deposited” and “Currency Supplied” fees where applicable.

⁴ Self-service refers to cheques written as well as transactions performed through an ATM, Point of Sale terminal, ABM-Wallet Combo Depository Service, CIBC Telephone Banking Automated Service, CIBC Business Contact Centre Automated Service, CIBC Online Banking, SmartBanking^® for Business (SmartBanking), CMO, CIBC eDeposit for cash, or CIBC eDeposit for cheques.

⁵ Full-service refers to transactions performed in a CIBC Banking Centre, through a CIBC Telephone Banking representative, through a CIBC Business Contact Centre representative, or through the regular Wallet Depository Service.

⁶ eStatements are available once a month at month end on CIBC Online Banking or based on your preferred statement cycle on CIBC Cash Management Online (CMO). To view eStatements on CIBC Online Banking, you must be a Signatory or Co-Signatory and registered for CIBC Online Banking. To view eStatements on CMO, you must be registered for CMO, entitled to one or more business accounts and entitled to eStatements. Included with CMO monthly Maintenance fee.