1 Subject to credit approval.
2 Overdraft fees are in addition to interest charges on the outstanding overdraft amount.
CIBC’s interest rate is currently 21% per year and may vary from time to time. Interest will be calculated and debited monthly to your account based on the final daily indebtedness in the account throughout the calendar month. Interest rate set by CIBC will apply both before and after CIBC Overdraft Protection Service is terminated, and before and after judgment is obtained against you.
3 At least once every 90 days, you must make a deposit sufficient to bring your account into a positive balance for at least one full business day. Upon repayment of all amounts owing, you may cancel your CIBC Overdraft Protection Service by calling 1-800-465-2422.