Newcomers to Canada Plan

Make your life in Canada a little easier

Graphic of shopping cart filled with groceries

As a Newcomer to Canada you'll get:

  • Unlimited transactions and pay no monthly fee for one year3 with a CIBC Everyday® Chequing Account
  • Free paperless record-keeping4
  • Permanent residents can also qualify for up to $55 cash back5 on a safety deposit box

Plus, enjoy the convenience of the CIBC Advantage Debit Card™

  • Get 24-hour access to your account through CIBC branches, bank machines, telephone banking, online banking and mobile banking
  • Shop in Canada using INTERAC® Debit
  • Shop at stores in the U.S. and internationally where Visa is accepted
  • Shop online, over the phone or by mail at participating retailers where Visa and Visa Debit are accepted

Better ways to bank with CIBC


Bank when you like – we’re open longer at many of our 1,100+ branches.


One of the largest bank machine networks in Canada for quick and easy access to your cash.


Bank on the go, with award-winning mobile and online banking.

Total Solutions

Get all the banking you need with the Welcome to Canada Package

Your life in Canada – what you need to know

Moving to a new country can be challenging. Whether you're already in Canada or making plans from overseas, CIBC is here to help.

Choosing the right bank account

To get established in Canada and start building your financial future, you'll need a bank account.