CIBC current prime rate RDS%rate[1].PRIME.rate(null,null,null,null)(#O2#)% as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Interest rates on personal bank accounts

Maximize your savings with a high interest account

CIBC eAdvantage® Savings Account
Get competitive Regular Interest¹ on all balances, plus Smart Interest when you save $200 or more in a month. Limits apply.²

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Service fees for personal bank accounts

The interest that you earn on your money depends on the type of bank account and balance you have.

Rates as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%

Featured savings accounts

CIBC eAdvantage Savings Account

Get Regular Interest¹ on all balances.

Daily Closing Balance	Regular Interest¹ Rate
Balance up to $9,999.99	RDS%rate[3].CESA.Published(null,0.0_-_9999.99_CAD_Balance,1,1)(#O2#)%
Balance $10,000 to $24,999.99	RDS%rate[3].CESA.Published(null,10000.0_-_24999.99_CAD_Balance,1,1)(#O2#)%
Balance $25,000 to $99,999.99	RDS%rate[3].CESA.Published(null,25000.0_-_99999.99_CAD_Balance,1,1)(#O2#)%
Balance $100,000 to $499,999.99	RDS%rate[3].CESA.Published(null,100000.0_-_499999.99_CAD_Balance,1,1)(#O2#)%
Balance $500,000 and over	RDS%rate[3].CESA.Published(null,500000.0_and over_0.0_CAD_Balance,1,1)(#O2#)%

Get additional Smart Interest on top of your Regular Interest rate when you save $200 or more in a month. Limits apply.² Learn about Smart Interest. Opens in a dialog.

Daily Closing Balance	Smart Interest² Rate
Balance up to $200,000	RDS%rate[3].CESA.Published(null,0.0_-_200000.0_CAD_Smart Int,1,1)(#O2#)%

New account bonus offer³

Open your first CIBC eAdvantage Savings Account and earn bonus interest for up to 120 days.

Account Open Date	Bonus Interest Rate
June 23, 2023 to present	RDS%rate[3].CESA.Published(null,0.0_and over_0.0_CAD_Bonus,1,1)(#O2#)%

CIBC US$ Personal Account

A convenient way to manage your U.S. dollars.

Daily Closing Balance	Regular Interest⁴ Rate
Balance up to $2,999.99	RDS%rate[3].CUPA.rate(null,0.0_up to_2999.99_CAD_Balance,1,1)(#O2#)%
Balance $3,000 to $9,999.99	RDS%rate[3].CUPA.rate(null,3000.0_-_9999.99_CAD_Balance,1,1)(#O2#)%
Balance $10,000 to $24,999.99	RDS%rate[3].CUPA.rate(null,10000.0_-_24999.99_CAD_Balance,1,1)(#O2#)%
Balance $25,000 to $59,999.99	RDS%rate[3].CUPA.rate(null,25000.0_-_59999.99_CAD_Balance,1,1)(#O2#)%
On portion of balances $60,000 and over	RDS%rate[3].CUPA.rate(null,60000.0_and over_0.0_CAD_Portion,1,1)(#O2#)%

Accounts no longer offered

For details on CIBC personal banking account fees, policies and agreements, refer to Personal Account Service Fees (PDF, 210 KB) Opens in a new window..

CIBC Premium Growth Account^™

Daily Closing Balance	Rate¹
All Balances	RDS%rate[3].CBPGA.Published(null,0.0_and over_0.0_CAD_Balance,1,1)(#O2#)%

CIBC Bonus Savings Account

Daily Closing Balance	Rate¹
Balance up to $2,999.99	RDS%rate[3].CBSA.Published(null,0.0_up to_2999.99_CAD_Balance,1,1)(#O2#)%
Balance $3,000 or more	RDS%rate[3].CBSA.Published(null,3000.0_and over_0.0_CAD_Balance,1,1)(#O2#)%

CIBC Advantage^® for Youth

A CIBC Premium Growth Account that offers premium interest for anyone 18 years of age or younger.

Daily Closing Balance	Rate¹
All Balances	RDS%rate[3].CBPGA.Published(null,0.0_and over_0.0_CAD_Balance,1,3)(#O2#)%

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¹ Regular interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. For accounts with balance tiers, other than CIBC US$ Personal Account, your entire account balance earns the rate applicable to the tier your daily closing balance falls within.

Interest is credited to your account as of the last business day in the interest period. However, the interest can’t be withdrawn and won’t be printed at branch terminals or bank machines or made available through CIBC Telephone or Online Banking until 2 business days after the end of the interest period.

Interest rates quoted are annual. Interest rates and balance tiers are subject to change without prior notice.

If you have any questions about our interest rates, call 1-800-465-2422 Opens your phone app. or visit a CIBC Banking Centre Opens in a new window..

² Smart Interest: Smart Interest is a bonus interest reward earned on the total account balance in your CIBC eAdvantage Savings Account(s) (“eSA(s)”), up to a maximum aggregate balance limit of $200,000 (“Smart Balance Maximum”), each month in which you achieve a total Smart Balance Growth of at least $200 across all your account(s) with the same Unique Ownership Structure (described below).

Determining Smart Balance Growth: Each month we will calculate the difference between the closing balance on the last business day of the previous month and the closing balance on the last business day of the current month, excluding any interest earned and any CIBC fees, for each of your eSA(s) (“Smart Balance Growth”). You are eligible to earn Smart Interest in a month if your total Smart Balance Growth is at least $200. If you have multiple eSAs, we will use the sum of the Smart Balance Growth in all your accounts with the same Unique Ownership Structure to determine if you qualify and to calculate your Smart Interest.

Unique Ownership Structure – is one or more eSA(s) owned solely by the same owner or owned jointly by the same owners. For example:

i. If you are the sole owner of multiple eSAs (single Unique Ownership Structure), Smart Interest will be calculated on the sum of all your account balances.

ii. If you jointly own one or more eSA(s) with the same joint owners (single Unique Ownership Structure), Smart Interest will be calculated on the sum of all joint account balances.

iii. If you jointly own multiple eSAs with different joint owners (multiple Unique Ownership Structures), Smart Interest will be calculated separately on the sum of all account balances owned jointly by the same owners.

Calculation and Payment of Smart Interest: Smart Interest is calculated daily at the current Smart Interest rate on each day’s full closing balance (up to the Smart Balance Maximum) from the first business day of the month, regardless of which day you qualified, and paid between the first 5 to 7 business days of the following month. If you have multiple eSAs, the Smart Balance Maximum applies across all your accounts with the same Unique Ownership Structure. Smart Interest will be paid to one eSA per Unique Ownership Structure as selected by CIBC. You will have the ability to change the selected account at your discretion provided it remains under the same Unique Ownership Structure. Your eSA must remain active and in good standing to receive Smart Interest.

General: Saturday, Sunday and all provincial and federal holidays are not considered business days. Interest rates quoted are annual. Smart Interest rate, the Smart Balance Growth amount and the Smart Balance Maximum are subject to change without prior notice. If you have any questions about our interest rates, call 1-800-465-2422 Opens your phone app., or visit a CIBC Banking Centre Opens in a new window.. CIBC may at any time, without prior notice to you, cancel, change or suspend this bonus interest reward or change these terms and conditions. We may, in our sole discretion, revoke or limit this reward if you are believed to be manipulating or otherwise abusing the process, fairness, integrity or operation of it, or engaging in any suspicious or fraudulent activity. Except as modified, the terms and conditions relating to the eSA you hold remain in full force and effect.

³ The offer only applies to clients opening their first CIBC eAdvantage Savings Account (“eSA”). Eligible eSAs will earn bonus interest (“Bonus Interest”) for 120 days from the date the eSA is opened.

⁴ Regular interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. Your entire account balance earns the rate applicable to the tier when the final balance falls in any of the first 4 tiers. On the final tier, the rate applies only on the portion of the balance in that tier.

Interest rates quoted are annual. Interest rates and balance tiers are subject to change without prior notice.

If you have any questions about our interest rates, call 1-800-465-2422 Opens your phone app. or visit a CIBC Banking Centre Opens in a new window..

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