1 Saving the monthly fee of $29.95 for the CIBC Smart Plus Account is based on maintaining a minimum daily account balance of $6,000 or eligible Savings and Investments of $100,000. Other terms and conditions apply. For details, review the CIBC Smart Plus Account Fee Rebate Terms and Conditions (PDF, 115 KB). Opens in a new window.
2 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 personal bank account(s) and to your CIBC Personal Line(s) of Credit (except Interac e-Transfer service which will be treated as a transaction) and transfers to your CIBC Credit Card account(s). 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. Other fees (in addition to any transaction fee) include: withdrawals from non-CIBC bank machines (for CIBC Smart Plus Accounts, the fee for all non-CIBC ATM withdrawals in Canada, the U.S. and internationally is rebated each month; for CIBC Smart Accounts and for clients enrolled in CIBC Smart Start or CIBC Smart for Students, the fee for 1 non-CIBC ATM withdrawal made in Canada is rebated each month), 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 Smart Start, CIBC Premium Growth Account with CIBC Advantage for Youth, CIBC Smart for Students, and CIBC Advantage for Students on the CIBC Everyday Chequing Account; clients 65 years of age and older do not pay the Interac e-Transfer fee on any CIBC chequing account) and foreign currency transactions (including cheques written in currencies other than the account currency).
3 The additional $1.50 service fee is waived for sending Interac e-Transfer transactions. Maximum dollar amount applies for Interac e-Transfer transactions. For details, review the CIBC Interac e-Transfer Terms and Conditions (PDF, 300 KB) Opens in a new window..
4 Fees charged by other financial institutions or third parties for using their ATMs, and the 2.5% administration fee on the converted amount for foreign currency ATM withdrawals are not included in this feature and will be charged to your account. ATM withdrawal amounts may be limited to a maximum dollar withdrawal amount.
5 If you apply for and are approved for CIBC Overdraft Protection Service (COPS), the COPS fee isn’t applicable, however you’ll pay interest on any overdraft amount on your account and overlimit fees if applicable. COPS is available on select CIBC personal bank accounts for customers who meet CIBC’s standard credit criteria.
6 If you get a CIBC Smart Plus Account, you’ll receive an annual fee rebate of up to $139 on a premium CIBC credit card for the primary cardholder and an annual fee rebate of up to $50 for up to 3 additional authorized users. Existing eligible CIBC credit card holders who have already paid the annual fee at the time the CIBC Smart Plus Account was opened will be provided a pro-rated rebate credit. The rebate is also available for credit card holders with the following CIBC credit cards no longer available for new clients: CIBC Aventura World Mastercard®, CIBC Aventura World Elite® Mastercard, CIBC Aventura Mastercard ($99), CIBC Aerogold Visa and CIBC Gold Visa. Other terms and conditions apply. For details, review the CIBC Smart Plus Credit Card Annual Fee Rebate Terms and Conditions (PDF, 75 KB) Opens in a new window.
7 The annual fee on your CIBC U.S. Dollar Aventura® Gold Visa* Card will be rebated if, at the time your annual fee is charged, your CIBC U.S. Dollar Aventura Gold Visa account is in good standing and you hold an eligible CIBC premium personal credit card and either the CIBC US$ Personal Account or the CIBC Bank USA Smart Account (offered by CIBC Bank USA), in good standing. Eligible CIBC premium personal credit cards include any CIBC credit card with an annual fee for the primary cardholder of $99 or more.
If you qualify, the annual fee rebate will appear as a credit on your statement.
This offer is not transferable and cannot be combined with any other offer.
This offer may be withdrawn or changed without notice at any time. CIBC may, in its sole discretion, revoke this offer if you are believed to be manipulating or abusing it, or engaging in any suspicious or fraudulent activity.
If you believe you have met all of the conditions of the offer but don’t see the rebate on the same statement as your annual fee is charged, please contact us.
The CIBC U.S. Dollar Aventura® Gold Visa* Card can only be paid using the CIBC US$ Personal Account or any other eligible CIBC Canadian dollar deposit account. It cannot be paid using funds from the CIBC Bank USA Smart Account.