CIBC Smart Account - Fees and Details

Coming soon

Exciting changes are coming to the CIBC Smart Account, starting November 1, 2025.

Learn more about Smart Account updates.

The total fee you pay is made up of 3 things:

Your account's monthly fee and transactions
Record keeping fees
Fees for any additional banking services you use, such as non-CIBC ATM withdrawals and CIBC Overdraft Protection Service

Download full documentation:

Personal Account Service Fees (PDF, 210 KB) Opens in a new window.

CIBC Global Money Transfer Agreement (PDF, 100 KB) Opens in a new window.

Important Information About Upcoming Changes to Bank Accounts and Fees Effective November 1, 2025 (PDF, 205 KB) Opens in a new window.

Monthly fee and transactions^ⓘ

$6.95 per month for up to 12 transactions^ⓘ

$1.25 each for additional transaction over 12, up to a total monthly fee of $16.95

Pay no monthly fee when you have a minimum end of day balance of $4,000 each day

What counts as a transaction:

Debit purchases
CIBC withdrawals (including CIBC ATM)
Interac e-Transfer® transactions
Transfers

Cheques
Pre-authorized payments
Bill payments

Record keeping fees

Paperless statements^ⓘ:

Free

Paper statements:

Monthly

$2.25 each month

Quarterly

$0.75 each month

Monthly with cheques imaged^ⓘ

$2.75 each month

Additional banking services

Interac e-Transfer service:

Sending

Free^ⓘ

Counts as a transaction toward calculating your monthly fee.

Receiving

Free

Non-CIBC ATM withdrawals:

In Canada

$2.00 each plus transaction fee, if applicable^ⓘ.

In the U.S. (Plus* and other Visa* networks)
For details, review additional service fees

Outside Canada and the U.S. (Plus* and other Visa* networks)
For details, review additional service fees

Other fees:

For details about fees for cheques, money orders and bank drafts, stop payments^ⓘ, NSF, wire payments, safety deposit boxes, account closing and account transfers to other financial institutions, review additional service fees.

CIBC is a member of Canada Deposit Insurance Corporation (CDIC)

CIBC Smart™ Account Fees and details

Monthly fee and transactionsⓘ

What counts as a transaction:

Record keeping fees

Paperless statementsⓘ:

Paper statements:

Additional banking services

Interac e-Transfer service:

Non-CIBC ATM withdrawals:

CIBC Global Money Transfer™, ⓘ:

CIBC Foreign Cash

Overdraft protection:

Other fees:

CIBC Smart™ Account
Fees and details

Monthly fee and transactions^ⓘ

Paperless statements^ⓘ:

CIBC Global Money Transfer™^,^ⓘ: