† CIBC Prime means the variable interest rate determined by CIBC from time to time to be the CIBC Prime rate for Canadian dollar lending products. CIBC Prime rate may change without notice. Your interest rate will vary whenever CIBC Prime rate varies and/or whenever we change your variable interest rate in our sole discretion. For the current CIBC Prime rate, visit Rates for Loans and Lines of Credit. This rate is eligible for loans up to $1,000,000.
Approval subject to applicants meeting CIBC’s normal lending criteria as well as eligibility criteria associated with the CIBC Full Service Physician Package. Credit limit is determined by CIBC, in its sole discretion.
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 doesn’t include transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking®, the CIBC Mobile Banking® App, 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 doesn’t include CIBC Bank USA). Other fees (in addition to any transaction fee) include: withdrawals from non-CIBC bank machines (rebated for CIBC Smart 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 Smart 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).
2 Opens a new window in your browser.Get a flat monthly fee for unlimited everyday banking transactions, unlimited Interac e-Transfer transactions and ATM withdrawals. The entire monthly fee is rebated if you maintain a minimum balance at the end of each day of the month of $6,000 in your account or at least $100,000 in eligible Savings and Investments. Terms and conditions apply. For details, review the CIBC Smart Plus Account Fee Rebate Terms and Conditions (PDF, 90 KB) Opens a new window in your browser..
3 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder. “Purchase” means card purchases less returns and doesn’t include: cash advances, interest, fees, balance transfers, payments and CIBC Convenience Cheques. “Cash” means cash advances, balance transfers and CIBC Convenience Cheques.
4 The rebate is also available for cardholders with the following CIBC credit cards (these credit cards aren’t available for new clients): CIBC Aventura® World Mastercard®, CIBC Aventura® World Elite® Mastercard®, CIBC Aerogold® Visa* and CIBC Gold Visa* Card. The rebate is up to $120 on the annual fee for primary cardholder and up to $50 on the annual fee for up to 3 additional cards. Existing eligible CIBC credit cardholders who have already paid the annual fee at the time the CIBC Smart Plus Account is opened will be provided a pro-rated rebate credit.
5 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 (including CIBC credit cards and CIBC personal lines of credit), Interac Direct Payments, Interac e-Transfer payments, 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. Please refer to CIBC’s Business Account Service Fee brochure.
6 CIBC Personal Portfolio Services is a discretionary investment management service provided by CIBC Trust Corporation and distributed by CIBC Investor Services Inc., subsidiary of CIBC, to individuals with household investable assets greater than $100,000.
7 Premium Edge is available through CIBC Investor’s Edge. CIBC Investor’s Edge is the self-directed brokerage division of CIBC Investor Services Inc.
8 At CIBC Imperial Service, investment advice and services are provided by CIBC Imperial Investor Service (“IIS”) division of CIBC Investor Service Inc. (“ISI”) or by CIBC Securities Inc. (“SI”), and in Quebec by SI. ISI is a subsidiary of CIBC, Member of the Investment Industry Regulatory Organization of Canada. SI is a subsidiary of CIBC and member of the Mutual Fund Dealers Association of Canada.