1 To apply for the credit card, you must have either (a) another eligible CIBC personal banking product in good standing; such as a chequing or savings account (for details please visit cibc.com/newtocanada); OR (b) a certain minimum household income (depending on the card you apply for) and meet CIBC’s credit criteria for that card.
2 These offers may be changed or withdrawn at any time. Unless otherwise specified, special offers are limited to one per person. Offers apply to newly-issued products only. To be eligible to receive these offers, the customer must present a valid Canadian Work Permit 12 months or greater and request the CIBC Offer for Foreign Workers when applying for a product. Other conditions apply.
3 Offer available on new CIBC Smart™ Accounts only. A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. The waived fees are the regular monthly account fee as shown in the Personal Account Service Fees brochure. Additional fee(s) apply to withdrawals from non-CIBC bank machines and transactions in foreign currency (including cheques written in currencies other than the account currency). These fees apply to all customers, including CIBC Advantage for Youth, CIBC Advantage for Students and CIBC 60 Plus Advantage customers. Although transaction fees, including for processing cheques, are waived for one year, a fee applies if you purchase a booklet of cheques. Fee waiver is in effect for one year, after which regular monthly and transaction fees will automatically apply without prior notice. The additional $1.50 service fee is waived for sending Interac e-Transfers. Each Interac e-Transfer you send counts as a transaction for calculating your monthly fee.
4 "Paperless" record-keeping is a paper-free alternative to statements and bankbooks. This option enables customers to track account activity online or by phone or CIBC bank machine. Please note, no electronic or printed statements will be sent to customers selecting this option. Customers must review their account transactions through CIBC Online or Mobile Banking, CIBC Telephone Banking or CIBC bank machines at least once every 30 days and examine all entries and balances at that time. If there are any errors, omissions or irregularities, customers must notify CIBC in writing within 60 days after the date on which the entry was, or should have been, posted to the account.
5 This offer applies only to new Safety Deposit Boxes (where available), rented to Newcomers who also open a new CIBC chequing account. The prorated annual Safety Deposit Box fee plus taxes is due when the Safety Deposit Box is first rented; the regular annual Safety Deposit Box fee plus taxes will be collected in January of each year. The customer will be reimbursed the cost of a small Safety Deposit Box rental (up to $55 plus tax) into their CIBC chequing account within approximately one to four weeks of the box being rented. This cannot be combined with any other Safety Deposit Box offer.