‡ Offer available to CIBC Business Banking clients with an eligible Canadian or U.S. Dollar CIBC business 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 up to $1,000 CA cash back within 4 to 6 weeks.
If you have an eligible Canadian or U.S. Dollar CIBC business account but have not yet tried CIBC Global Money Transfer for Business (“GMT”), request a GMT and you can receive up to $1,000 CA credited to your account depending on the amount of your first transfer:
- $50 CA credit for transfer amounts between $100 CA to $9,999.99 CA
- $100 CA credit for transfer amounts between $10,000 CA to $49,999.99 CA
- $500 CA credit for transfer amounts between $50,000 CA to $99,999.99 CA
- $1,000 CA credit for transfer amounts between $100,000 CA to $250,000 CA
The credit will be applied to your CIBC business account in 4 to 6 weeks. Limit, one cash back offer per business. Offer ends 11:59:59 pm EST on October 31, 2026. CIBC may cancel or change the offer at any time without notice.
◇ Promotional Interest Offer
The following Terms and Conditions explain in detail how promotional interest can be earned on new and existing CIBC Business Investment Growth Accounts. This promotional interest offer is a combined offer, which means the interest earned is a combination of the regular interest rate and the promotional rate (the “Promotional Interest”).
Promotional Offer Period
1. The CIBC Business Investment Growth Account® (the “BIGA”) Promotional Interest Offer (the “BIGA Offer”) begins on September 1, 2026 and continues until November 30, 2026 (the “BIGA Promotional Offer Period”).
Promotional Interest and Regular Interest
2. Promotional Interest is expressed as an annual rate and calculated daily based on your final end-of-day balance. It is credited to your account effective the last business day of each calendar month, and will be reflected in your account and available to you within two business days following the end of the calendar month, based on the following criteria:
- If a BIGA is opened during the BIGA Promotional Offer Period, it is eligible to earn Promotional Interest on the end of day final balance from the date the BIGA is opened for the duration of the BIGA Promotional Offer Period.
- If a BIGA was opened before the Promotional Offer Period, it is eligible to earn Promotional Interest on the portion of the account’s end of day final balance that exceeds the end of day final balance as at August 31, 2026. If a BIGA is overdrawn as at August 31, 2026, Promotional Interest will be applied to new balances after overdrawn funds have been cleared.
- Interest rates and daily closing balance tiers are subject to change without prior notice.
Regular interest (“Regular Interest”) is expressed as an annual rate and calculated daily based on your final end-of-day balance. It is credited to your account effective the last business day of each calendar month, and will be reflected in your account and available to you within two business days following the end of the calendar month. Interest rates and daily closing balance tiers are subject to change without prior notice.
Regular Interest may be referred to as “Daily Credit Interest” and Promotional Interest may be referred to as “Promo Interest” on record keeping (such as CIBC Online Banking).
Regular Interest and/or Promotional Interest (being the combined Regular Interest and promotional rates) are current as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%, and may be changed or withdrawn at any time without prior notice. For the current Regular Interest rate and the Promotional Interest rate visit the CIBC Business Account Rates page.
3. For existing BIGA accounts, the Promotional Interest is earned on the first $5,000,000 in new deposits in excess of the end of day final balance on August 31, 2026. For BIGA accounts opened during the Promotional Offer Period, the Promotional Interest is earned on balances of up to $5,000,000 in new deposits from the date the BIGA account is opened. New deposits in excess of the first $5,000,000 will receive regular annual interest only. If multiple BIGAs are owned by a client, all new deposits made during the promo period will be aggregated, for the purpose of calculating Promotional Interest.
4. Once the BIGA Promotional Offer Period is over, the Regular Interest will apply unless otherwise specified.
Restrictions
5. BIGA and BIGA Offer are available to eligible Small Business, Private Wealth, and Commercial Banking – Independent Business clients.
6. Promotional Interest will not be paid on funds that are transferred during the BIGA Promotional Offer Period:
- From a BIGA opened prior to the BIGA Promotional Offer Period to a BIGA that is opened during the BIGA Promotional Offer Period, or
- From a BIGA opened prior to the BIGA Promotional Offer Period to another CIBC bank account, and then back to a BIGA during the Promotional Offer Period.
General Terms and Conditions for Interest on Deposit Accounts
7. Interest will be 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.
8. Interest rates quoted are annual.
9. Promotional Interest rate is a combination of the Regular Interest rate and a promotional rate.
10. The interest rate for each balance tier applies only to the portion of the balance which is in that tier. Interest rates and balance tiers are subject to change without prior notice.
◊ Get up to $1,000 when you send an accumulated value of CIBC Global Money Transfer (GMT) payments from your CIBC Business Operating Accounts from January 1, 2026 to December 31, 2026.
You'll get:
| Cash back |
Accumulated value of GMT payments sent from January 1, 2026 to December 31, 2026 |
| $100 |
$150,000 |
| $250 |
$300,000 |
| $500 |
$500,000 |
| $1,000 |
$1,000,000 or more |
1. Offer Period
The offer period is retroactive January 1, 2026 and ends on December 31, 2026.
2. Eligibility
In order to be eligible to receive the cash back, you must be a CIBC Business Banking client and meet the following conditions:
- Use CIBC Business Operating Accounts (BOAs) to send GMT payments; and
- Send GMT payments equal to or more than the accumulated amount of GMT payments indicated in the chart above during the offer period. Returned or rejected payments are excluded; and
- In order to receive the cash back, your BOAs must be open and in good standing in accordance with the terms and conditions applicable to the account.
3. Additional conditions that apply
- Eligible businesses that meet all eligibility requirements will receive the amount of cash back that corresponds to the accumulated amount of sent GMT payments by your business entity, to be deposited into the primary BOA used by your business entity by no later than February 26, 2027.
- Limited to one (1) cash back per eligible business entity, regardless of the number of BOAs held by the business entity, or from which GMTs have been sent.
- This cash back offer can be combined with other CIBC cash back offers currently available, as long as the terms and conditions of those offers are met.
4. General terms and conditions
- Offer available to CIBC Business Banking clients with an eligible CIBC Business Operating Account.
- This cash back offer and these terms do not impact service fees or charges which may apply to the CIBC products. For applicable account fees, see the Business Account Service Fees brochure (PDF, 245 KB) Opens a new window..
- CIBC foreign exchange rates apply. A CIBC Global Money Transfer (GMT) and a Foreign Exchange transaction counts towards your allowable transaction limit; bank account transaction fees may apply. Must have a CIBC Business Operating Account to send a GMT. 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 a new window..
- A GMT can be performed using CIBC Online Banking® or the CIBC Mobile Banking® App on any Business Operating Account that requires one signature for transactions. Clients with accounts that require two or more signatures may visit a CIBC Banking Centre.
- CIBC reserves the right to change, cancel, extend or withdraw this offer at any time without notice.
- CIBC reserves the right, in its sole discretion, to disqualify, limit or revoke this offer in respect of any CIBC customer who it believes, in its sole discretion, is abusing or manipulating this offer.
- If the BOA is closed for any reason prior to the cash bonus amount being deposited, then standard account closure fees may apply, and you will not receive the cash bonus.
- All dollar amounts referred to herein are in Canadian dollars. Payments sent from a U.S. Dollar Current Account will be converted to the Canadian equivalent.
- You are responsible for any tax consequences arising out of the receipt of the cash back.
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.
1 Monthly 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, 245 KB) Opens 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 2.5%, CIBC Prime Rate plus 7% 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 a new window..
5 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, 245 KB) Opens a new window..
6 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.
7 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.
8 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.
9 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.
Trademarks
