^* Offer begins on May 1, 2017 at 12:01 a.m. (ET) and ends on August 31, 2017 at 11:59 p.m. (ET). Offer only open to Canadian residents who have reached the age of majority, who are not holders or joint holders of a CIBC chequing account. To qualify, open a CIBC Smart™ Account. Next, within 3 calendar months, you must set up and complete within the CIBC Smart™ Account at least one (1) eligible recurring direct deposit OR at least two (2) different eligible recurring pre-authorized debits within the same calendar month. Offer cannot be combined with any other offer, reward or rebate except the CIBC Homeowner^® Banking Bundle or the CIBC Smart™ Account fee waiver. The cash reward will be deposited into your CIBC Smart™ Account within 12-14 weeks of your completion of the required transactions. Other conditions apply. For full offer details, see the Terms and conditions (PDF, 44 KB) .  

¹ 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 bank account(s) using the transfer function on CIBC Online Banking^®, CIBC Mobile Banking^®, CIBC Telephone Banking and at CIBC ATMs. 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. Additional fee(s) apply to withdrawals from non-CIBC bank machines, Interac e-Transfer^® transactions and transactions in foreign currency (including cheques written in currencies other than the account currency).

CIBC Smart™ Account is a trademark of CIBC. CIBC Cube Design and “Banking that fits your life.” are trademarks of CIBC.

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