CIBC Smart™ Account

Enjoy worry-free banking — only pay for what you use.

Play video to learn about the Smart Account (1:31)

Transcriptfor video How the Smart Account adapts to your banking needs (1:31)

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Bank a little or a lot? Enjoy a flexible monthly fee

Special offer

Pay no monthly fee for up to 12 months^†

Get unlimited everyday banking when you open a new Smart Account.

Learn about this offer

Smartphone showing the CIBC Smart Account debit card

Pay a smart monthly fee that adjusts to you

Starting at
^$4.95

Capped at
^$14.95

Monthly fee by number of transactions^{1, 2}

Up to 12

$4.95

13 to 20

(additional $1.25 each)

Unlimited

$14.95

Pay no monthly fee

It's waived when your daily balance is $3,000 or more, and you make a recurring direct deposit or 2 pre-authorized payments each month.³

CIBC Smart Account at a glance

Monthly fee

Daily balance to avoid monthly fee⁴

^$4.95 to ^$14.95

^$3,000

plus a recurring direct deposit Learn about recurring direct deposit. Opens a popup. or 2 pre-authorized payments each month Learn about pre-authorized payments. Opens a popup.

Interac e-Transfer^®transactions

Transactions

Free⁵

12 to unlimited

depending on your needs

Fees and details

How do I qualify?

CIBC Smart 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 a popup.

Are you a student, newcomer or foreign worker?

Learn about CIBC Smart Account offers for studentsOpens a new window in your browser., newcomersOpens a new window in your browser. and foreign workers

CIBC Smart^TM for Seniors:

You're a Canadian resident age 65 or older.
Learn about CIBC Smart^TM for Seniors

Apply now

Learn how to switch to CIBC

Get a bank account that does more for you

Free Interac e-Transfer transactions

Save the $1.50 fee when you send and request transfers online or on your phone. Interac e-Transfer transactions count towards your total transactions.

Learn how to send money with Interac e-Transfer

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Pay how you like

Checkout and go with our digital payment and mobile wallet options, including Visa Checkout*, Google Pay^TM, Apple Pay® and Samsung Pay®.

Find a way to pay that suits you

Keep track of your account

Set up SMS, email or Message Centre alerts and choose what account activity to follow. Get a notification when your monthly fee reaches $4.95, $9.95 and $14.95. Receive reminders about bills, payments and more.

Learn how to set alerts