1 Interest is credited to your account as of the last business day in the interest period. However, the interest cannot be withdrawn, and will not be printed at branch terminals or at CIBC's bank machines or made available through CIBC Telephone or Online Banking, until two business days after the end of the interest period.
Interest rates quoted are annual. Interest rates and balance tiers are subject to change without prior notice.
2 Interest is calculated daily at the current rate on each day's full closing balance when the final balance is $5,000 or more, and paid monthly.
3 Interest is calculated on each day's final balance and paid monthly. The rate earned is dependent on each day's final balance.
4 Interest is calculated on each day's final balance and paid monthly.
5 Interest is calculated on each day's final balance and paid monthly. When each day's final balance falls in any of the first four tiers, your entire account balance earns the rate displayed for your balance's highest tier. The rate for the final tier only applies to the portion of the balance falling in that tier.
6 A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. For CIBC eAdvantage® Savings Accounts, a transaction does not include online transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking® and CIBC Mobile Banking®. Additional fee(s) apply to withdrawals from non-CIBC bank machines, Interac e-Transfer® transactions 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.
7 For one year with a CIBC Everyday® Chequing Account.