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CIBC eAdvantage® Savings Account

Maximize your savings with a high interest savings account

Ready. Set. Grow your savings

Limited time offer

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Get RDS%rate[3].CESA.Published(null,5000.0_and over_0.0_CAD_Balance,1,1)(#O2#)% interest when your balance is $5,000 or more.¹Plus, RDS%rate[3].CESA.Published(null,0.0_null_0.0_CAD_Bonus,1,1)(#O2#)% bonus interest on new deposits.^†

Free transfers
Transfer money for free between your CIBC personal bank accounts using online, mobile or telephone banking, or at any CIBC ATM.²

Boost your savings
Earn our best non-registered savings account rate when your balance is $5,000 or more.

CIBC eAdvantage Savings Account at a glance

Interest rate

RDS%rate[3].CESA.Published(null,5000.0_and over_0.0_CAD_Balance,1,1)(#O2#)% + RDS%rate[3].CESA.Published(null,0.0_null_0.0_CAD_Bonus,1,1)(#O2#)%

when your balance is
$5,000 or more on new
deposits.^†

Minimum daily balance to earn interest

$5,000

Monthly fee

Transactions³

$5.00 each

Fees and details

How do I qualify?

CIBC eAdvantage Savings Account:

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Saving more is easy

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Enjoy free transfers

Transfer money for free between your CIBC personal bank accounts using online, mobile or telephone banking, or at any CIBC ATM.²

Learn how to check your balance and make transfers

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Bank when, where and how you want with CIBC Online Banking^® and our award-winning CIBC Mobile Banking^®App. We deliver the access you expect with nearly 4,000 ATMs across Canada.

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Deposit cheques in a snap

Use your mobile device to deposit personal or business cheques.⁴

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Find out how long it may take to reach your savings goal. We'll also give you tips on how to grow your savings faster.

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^† The bonus and regular rates may change at any time without prior notice. The regular interest rate is earned on the full daily closing balance when the balance is $5,000 or more. For eSA accounts opened before the offer period, the bonus rate is earned on the portion of the account’s daily closing balance that exceeds the closing balance as at October 15, 2018 (the “New Balance”) up to a New Balance limit of $5,000,000. For eligible eSA accounts opened during the offer period, the bonus rate is earned on the full daily closing balance up to a balance limit of $5,000,000. Bonus interest rate offer expires March 31, 2019. Interest is calculated daily and paid monthly. Other conditions apply. For more information, review the terms and conditions (PDF, 30 KB) .

¹ Regular interest (“Regular Interest”) is calculated daily at the current rate on each day’s full closing balance and paid monthly. The regular interest rate is paid on the full daily closing balance when the balance is $5,000 or more.

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.

If you have any questions about our interest rates, call 1-800-465-2422, or come into your local CIBC branch today to open an account.

² Free transfers to your other CIBC personal accounts through CIBC Online Banking, CIBC Mobile Banking, CIBC Telephone Banking and at CIBC ATMs (excludes Interac e-Transfer which will be treated as a transaction).

³ 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 transfers to your other CIBC bank account(s) using the transfer function on CIBC Online Banking, CIBC Mobile Banking, CIBC Telephone Banking and at CIBC ATMs. For all accounts, transfers to CIBC-branded loans (excluding CIBC Personal Lines of Credit), mortgages and investments (registered and non-registered) are free. "CIBC-branded” means any brand that has CIBC in its name and is offered by CIBC or its Canadian affiliates (and does not include CIBC Bank USA). Other fees (in addition to any transaction fee) include: withdrawals from non-CIBC bank machines, Interac e-Transfer transactions (the Interac e-Transfer fee is waived for CIBC Smart Accounts, CIBC PremierService Accounts and for clients who are enrolled in CIBC Advantage for Youth, CIBC Smart for Students, CIBC Smart for Seniors (on the CIBC Smart Account) and CIBC Advantage for Students (on the CIBC Everyday Chequing Account) and transactions in foreign currency (including cheques written in currencies other than the account currency).

⁴ Only the front of cheques will be imaged.

Trademarks

CIBC eAdvantage® Savings Account

Ready. Set. Grow your savings

Limited time offer

Free transfers Transfer money for free between your CIBC personal bank accounts using online, mobile or telephone banking, or at any CIBC ATM.2

Boost your savings Earn our best non-registered savings account rate when your balance is $5,000 or more.

CIBC eAdvantage Savings Account at a glance

Interest rate

Minimum daily balance to earn interest

Monthly fee

Transactions3

How do I qualify?

CIBC eAdvantage Savings Account:

Saving more is easy

Enjoy free transfers

Bank your way

Bank when, where and how you want with CIBC Online Banking® and our award-winning CIBC Mobile Banking® App. We deliver the access you expect with nearly 4,000 ATMs across Canada.

Get expert advice

Invest in yourself with expert guidance. We can help steer your finances in the right direction.

Learn about our expert advice

Deposit cheques in a snap

Savings calculator

Help and advice

Lost, stolen or damaged cards

Report fraud

Resources

How to

Save on bank account fees

Advice

Plan for retirement

How to

Transfer your money

Need to talk?

Save your recently viewed products

Free transfers
Transfer money for free between your CIBC personal bank accounts using online, mobile or telephone banking, or at any CIBC ATM.²

Boost your savings
Earn our best non-registered savings account rate when your balance is $5,000 or more.

Transactions³

Bank when, where and how you want with CIBC Online Banking^® and our award-winning CIBC Mobile Banking^®App. We deliver the access you expect with nearly 4,000 ATMs across Canada.