CIBC Everyday Chequing Account at a glance
Bank a little? Pay a little
For a low monthly fee, you'll get 18 transactionsⓘ, ⓘ included each month and pay $1.25 for each transaction over 18. Plus, pay no fee for using Interac e-Transfer®, ⓘ to send money.
The CIBC Everyday Chequing Account continues to be our low-cost account commitment to Canadian consumers.
$4.00 monthly fee
More to love about the CIBC Everyday Chequing Account
- Free paperless record keepingⓘ when you switch to e-statements
- Check out and go when you pay with your phone
- Get an alert before you're overdrawn with CIBC Smart Balance Alert™, ⓘ
Ways to simplify your banking
- Use CIBC Mobile Banking® and CIBC Online Banking® to manage your money anywhere, anytime
- Visit us when it works for you — many of our locations are open late and on weekends
- Use CIBC eDeposit® to save a visit to a CIBC Banking Centre and deposit cheques on your mobile device
How do I qualify for this account? You're a Canadian resident and you've reached the age of majority in your province or territory. Learn about the age of majority. Opens in a dialog. Learn about the age of majority. Opens in a dialog.
Find the right CIBC Smart Account benefit for you
We’re committed to providing access to modern basic banking services for certain groups at no cost. Through monthly fee rebate offers, we offer the CIBC Smart Account at no cost to the following groups: youth and students under 25ⓘ, students age 25 and upⓘ, newcomersⓘ, foreign workersⓘ, seniorsⓘ, RDSP beneficiaries and recipients of the Disability Tax Credit. Applies to all CIBC Smart Accounts, no minimum balance required.
Youth and students under 25
Get unlimited everyday banking until the age of 25ⓘ.
Students age 25 and up
Unlimited everyday banking for full-time university, college and CEGEP students graduating at age 25 and upⓘ.
New to Canada
Start banking in Canada with the account designed for your new life and pay no monthly fee for 2 yearsⓘ.
Foreign workers
Live and bank in Canada with confidence and pay no monthly fee for 2 yearsⓘ.
Seniors Skip to the for spending tab on the banking for seniors page to learn more about CIBC Smart for Seniors.
Pay no monthly account fee if you're over 65ⓘ.
Skilled trades
Take advantage of offers and perks for eligible tradespeople.
Help and advice
Find the support you need
Discover answers to frequently asked questions or find the right number so we can support you.
Learn how to manage your banking
We have how-to guides for you. Check out what you can do on your computer, phone or tablet.
Understand how to save on account fees
Learn tips to ensure you find the right account, including options to help you reduce your everyday banking fees.
