Accessibility Quick Links

Skip to Online Banking
Skip to Content
Skip to Navigation

Woman on her computer at home

Join CIBC business banking

Run your business with the bank that knows business

Apply for a business account and credit card online in minutes.

Apply now

CIBC ranked #1 for Small Business Banking Customer Satisfaction by J.D. Power⁵

Our most popular products

CIBC Basic Business Operating Account®

Monthly fee¹

$6.00

Transactions² and deposits

Pay per use¹

Pay employees and suppliers

Send up to $25,000 instantly across Canada with Interac e-Transfer® for Business

Open an account Learn more

Explore other accounts

CIBC Everyday Business Operating Account®

CIBC Advanced Business Operating Account™

CIBC Unlimited Business Operating Account®

CIBC bizline^® Visa^* Card

Annual fee

$0

(Up to 9 additional cards)

Interest rate

As low as CIBC Prime + 1.5% for purchases³As low as CIBC Prime + 1.5% for cash³

Minimum annual income

$35,000
(individual)

Apply now

More reasons to use your new business account

Send money around the world with CIBC Global Money Transfer^™ for Business

Send up to $100,000 to over 120 countries with a $0 transfer fee⁴ with your CIBC Business Account, and earn $100 cash back^‡on your first transfer.

Get paid or pay with Interac e-Transfer^® for Business

Send up to $25,000 instantly and securely across Canada with Interac e-Transfer^® for Business.

Have other business banking needs? We've got you covered.

Business accounts

Business credit cards

Loans and lines of credit

Cash management

Starting your business

CIBC Healthcare Banking

Start your business banking with us

CIBC Basic Business Operating Account

Open an account

CIBC bizline Visa Card for Business

Apply now

Connect with a business banking expert

Find an advisor Request a call

Smart Advice for Business

Your go-to place for business advice.

Explore Smart Advice for Business

^‡Offer available to CIBC Business banking clients with an eligible CIBC business banking account and that have not yet tried CIBC Global Money Transfer. Use promo code GMTBB and send a GMT using online or mobile banking from your eligible account to receive $100 cash back within 4 to 6 weeks. Limit, one cash back offer per business. Offer may change without notice.

Definitions

“Business Operating Accounts” means any of the following accounts: CIBC Basic Business Operating Account^®, CIBC Everyday Business Operating Account^®, CIBC Advanced Business Operating Account^™, CIBC Unlimited Business Operating Account^® or U.S. Dollar Current Account.

“Eligible Business” means a business registered in Canada, or a business operating in Canada by a person who is a permanent resident of Canada.

“you” or “your” means any Eligible Business;

“we”, “us”, “our” and “CIBC” mean Canadian Imperial Bank of Commerce.

¹Monthly fee applies even if there is no account activity. 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..

² 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.

If you perform fewer than the allowed number of transactions in a month, the unused transactions cannot be carried forward to subsequent months.

³ The annual interest rates are CIBC Prime Rate plus 1.5%, CIBC Prime Rate plus 6% or CIBC Prime Rate plus 13.0% for Purchases, Cash Advances, Balance Transfers and CIBC Convenience Cheques. The annual interest rates assigned to the Account will be based on your personal credit bureau and other information at the time the request is processed. The interest mark-up is subject to change. The annual interest rate is variable, meaning that the annual interest rate will change without notice if CIBC's Prime Rate changes. You can find CIBC’s Prime Rate by calling CIBC toll-free at 1-866-525-8622 Opens your phone app..

⁴ CIBC foreign exchange rates apply. A CIBC Global Money Transfer and a Foreign Exchange transaction counts towards your allowable transaction limit; bank account transaction fees may apply. Must have a CIBC Business Operating Account or U.S. Current Account to send a CIBC Global Money Transfer. Most transfers are completed by the next business day; some transfers require 2 to 3 business days.

Read the CIBC Global Money Transfer Agreement (PDF, 200 KB) Opens in a new window..

⁵ For J.D. Power 2023 award information, visit jdpower.com/awards Opens in a new window.