How we’re supporting those affected by the ongoing conflict in Ukraine. Learn more about how CIBC is supporting Ukraine.

  

Why newcomers love CIBC

Bank anywhere with our mobile app or access our 1,100 branches and over 3,000 ATMs across Canada.

Earn cash back with credit card purchases. You don't need to provide an income or credit history, or a security deposit.

Send money back home with no fees1, get account updates in real time and tap to pay for purchases, all from your mobile device.

Your financial journey in Canada starts here

Banking designed for your new life

Start saving and managing your money today with a CIBC Smart™ Account for Newcomers

Special offer

Pay no monthly fee for 2 years.†† Plus, get $400 after you open a CIBC Smart Account for Newcomers as your first CIBC chequing account.

Learn more about the CIBC Smart Account for Newcomers.

Credit cards to meet your needs

You could get a higher limit on your credit card. Whether you want cash-back, travel or reduced interest rates, we have a credit card that will fit your needs. Newcomer Banking applications do not require credit history or funds to be secured.

Learn more about our Newcomer credit cards.

Send money back home with $0 transfer fees1

With CIBC Global Money Transfer™, it's safe and fast to send money to loved ones around the globe. You can pay using your eligible CIBC credit card or CIBC bank account.

Learn more about CIBC Global Money Transfer.

Bank anywhere with CIBC Mobile Banking®

Get more from our award-winning app

CIBC ranked #1 in customer satisfaction Opens in a new window. for mobile banking apps in Canada by J.D. Power.

Manage your money from your mobile device

Pay bills, deposit cheques with your phone's camera and instantly get your credit score for free2.

Tap your phone to make a purchase

Pay for everyday items up to $250 with Interac Debit® or use your CIBC debit or credit card with Apple Pay® or Google Pay™.

Your newcomer journey at a glance

Step 1

Deposit accounts (chequing or savings)

Get started with your day-to-day banking needs including wire transfers and foreign cheque deposits.

Learn more about the smart account for newcomers.

Step 2

Credit cards

Go cashless, and even use your device to pay your purchases while earning points or cash back.

Learn more about the smart account for newcomers.

Step 3

Financial advice

Get advice from our financial advisors — they will work with you to make your ambitions a reality, like saving for a down payment for your home.

Find a Financial Advisor Opens in a new window.

Step 4

Mortgage

Our team of Mortgage Advisors will help you buy your first home in Canada.

Find a CIBC Mortgage Advisor Opens in a new window.

Track your spending to grow your savings faster

There's a lot to keep track of now that you're in Canada. With CIBC Insights, we help you see where your money is going and how to save more.

Learn more about CIBC Insights.

Ready to start banking in Canada?

Discover more resources for newcomers

What to do after you arrive in Canada

Send money quickly, easily and securely

Learn how to make a budget

Lending options for internationally-trained dentists

Let's get in touch


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