Open a US$ Personal Account for Canadians

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

An easy way to manage your U.S. funds

Convert less, save more

Save your money and don't worry about currency fluctuations. Deposit and withdraw U.S. funds without converting currencies.

Earn interest on every dollar you save¹

We calculate your interest daily and pay it to you monthly.

Access your U.S. dollars quickly and easily

Write U.S. dollar cheques and withdraw U.S. funds from any CIBC Banking Centre or CIBC U.S. currency ATM in Canada.

CIBC US$ Personal Account at a glance

Rates and fees

Regular Interest rate

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Review current interest rates

Regular interest rates are tiered. The rate shown in the highest tier is only earned on the portion of the daily balance that is at or above that tier.

Monthly fee

Transactions²

$0.75 US

for each transaction

Fees and details

How do I qualify?

CIBC US$ Personal Account:

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Apply now

Learn how to switch to CIBC

Save your U.S. dollars and avoid currency fluctuation when you travel or shop across the border

Watch your savings grow

Earn interest on every U.S. dollar you save. Plus, control when you convert funds by waiting for favourable exchange rates.

Explore cross-border banking

Make real-time cross-border transfers between your Canada-based accounts and the CIBC Bank USA Smart Account™.

Learn about cross-border banking for CIBC clients

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 an alert before you’re overdrawn

CIBC Smart Balance Alert™, ³ gives you a heads-up when your account is short on funds. That gives you time to make a transfer and avoid a non-sufficient funds (NSF) fee and a declined payment.

Learn more about CIBC Smart Balance Alert

Savings calculator

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.

Calculate savings

Other U.S. banking services for Canadians

We know there’s lots to think about when you’re heading south of the border. Our tools and resources provide the information you need so you can travel with ease.

Learn more about our other U.S. cross-border banking solutions

Help and advice

Advice

Get custom travel tips

^{Our experts can help you plan your vacation with ease.}

Learn more

Advice

Plan for retirement

^{It's never too early to start planning and saving so you can retire comfortably.}

Learn more

How to

Send money with Interac e-Transfer^®

^{It's easy and secure to send cash and request money. Register for Autodeposit and skip the security questions.}

Learn more

Questions?

Get in touch

Meet with us

Call us

CIBC is a member of Canada Deposit Insurance Corporation (CDIC)

Products and their features may change at any time.

This is a general description only. Get complete information about fees.

¹ Regular interest is calculated daily at the current rate on each day’s full closing balance and paid on the last business day of the month. Your entire account balance earns the rate applicable to the tier when the final balance falls in any of the first 4 tiers. On the final tier, the rate applies only on the portion of the balance in that tier. This interest cannot be withdrawn, and will not be printed at branch terminals or bank machines or made available through CIBC Telephone or Online Banking, until the second business day of the following month.

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 Opens your phone app., or come into your local CIBC Banking Centre Opens in a new window. today to open an account.

² 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 (rebated for CIBC Smart Plus Accounts except the 2.5% administration fee on the converted amount of foreign currency ATM withdrawals), wire payments, Interac e-Transfer transactions (the Interac e-Transfer fee is waived for CIBC Smart Accounts, CIBC Smart Plus 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).

³ Available to clients who have:

Non-registered accounts, except for the CIBC Bank USA Smart Account and CIBC Personal Lines of Credit (PLC) accounts;
Eligible accounts that are in good standing; and
A valid mobile number on file with those accounts

Trademarks

Open a US$ Personal Account for Canadians

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

An easy way to manage your U.S. funds

Convert less, save more

Earn interest on every dollar you save1

Access your U.S. dollars quickly and easily

CIBC US$ Personal Account at a glance

Rates and fees

Regular Interest rate

Monthly fee

Transactions2

How do I qualify?

CIBC US$ Personal Account:

Save your U.S. dollars and avoid currency fluctuation when you travel or shop across the border

Watch your savings grow

Explore cross-border banking

Bank your way

Get an alert before you’re overdrawn

Savings calculator

Other U.S. banking services for Canadians

Help and advice

Lost, stolen or damaged cards

Report fraud

Resources

Advice

Get custom travel tips

Advice

Plan for retirement

How to

Send money with Interac e-Transfer®

Get in touch

Earn interest on every dollar you save¹

Transactions²

Send money with Interac e-Transfer^®