Bank accounts

Savings accounts

Grow your savings, earn interest and invest in tomorrow. Find the best savings account for your needs. Apply in 5 minutes or less.

CIBC eAdvantage® Savings Account


Bonus rate

You could get a bonus rate when you open your first savings account. Limits apply.


 

Interest rate: RDS%rate[3].CESA.Published(null,5000.0_and over_0.0_CAD_Balance,1,1)(#O2#)%  on every dollar

Monthly fee: $0

Transactions1: $5.00 each

CIBC US$ Personal Account


Deposit, withdraw and save your U.S. dollars.


 

Interest rate: RDS%rate[3].CUPA.Published(null,0.0_up to_2999.99_CAD_Balance,1,1)(#O2#)% on any balance2

Monthly fee: $0

Transactions1: $0.75 US each

CIBC TFSA Tax Advantage Savings Account®


Grow your savings tax-free with competitive daily interest.


 

Interest rate: 1.50%

Monthly fee4$0

Minimum investment: $25

CIBC RRSP Daily Interest Savings Account


Build your retirement savings with guaranteed principal and interest.


 

Interest rate: 1.50%

Monthly fee4$0

Minimum investment: $25

Add a savings goal in CIBC Online Banking® to help you save for vacations, renovations and more.

Set up recurring transfers from your chequing account and earn interest on your money right away. Learn how to get started on setting up recurring transfers.

There's no monthly fee, so pay only when you make transactions.

There’s an account for every need – high interest, U.S. savings, or just the basics.

Forgot about that payment? With CIBC Smart Balance Alert™, we’ll text you so you can avoid a non-sufficient funds fee and a declined payment.

Learn more about Smart Balance Alert

How to

Manage your account

Advice

Save for the future

Advice

Tax-saving tips