Accessibility Quick Links

Skip to Online Banking
Skip to Content
Skip to Navigation

CIBC Smart^TM for Seniors

Experience has its benefits
When you turn 65, you're automatically eligible for the perks of CIBC Smart for Seniors.

Pay less, get more

A lower monthly fee on your chequing account¹. Extra transactions on your savings account². Get these benefits and more with CIBC Smart for Seniors.

Manage your money from anywhere

Use Online and Mobile Banking^Ⓡto transfer money, pay bills, make purchases and manage your money anywhere, anytime.

Choose the right account for your banking needs

For spending
You’ve earned some great perks with our chequing accounts¹:

A lower monthly fee

Free bank drafts and money orders

Free Interac e-Transfer® transactions with the Smart Account

A $5 discount on the annual rental fee for a safety deposit box
Make purchases, pay bills and do more with our flexible chequing account

Combine your credit card, chequing account and more⁶

chequing

CIBC Smart™ Account

Includes

Free Interac e-Transfer transactions

Option for unlimited transactions⁵

Transactions

Up to 12: $0

13 to 20: Additional $1.25 each

Unlimited: $10.00

Monthly fee

$0 to $10.00
Includes the $4.95 monthly fee discount

Apply now For the CIBC Smart Account for Seniors. Opens a new window in your browser.

Learn more About the CIBC Smart Account.

ALL-IN-ONE

CIBC Smart™ Plus Account

Includes

A premium CIBC credit card with annual fee rebates⁵

Free non-CIBC Interac ATM withdrawals

Free personalized cheques and paper statements

Transactions

Unlimited

Monthly fee

$25
Includes the $4.95 monthly fee discount

Apply now Opens a new window in your browser.

Learn more about the CIBC Smart Plus Account.
For saving
Give your savings a boost with fee discounts and competitive interest rates²:

2 free transactions per month³

Free paper statements and paperless record keeping⁴

Free bank drafts and money orders

A $5 discount on the annual rental fee for a safety deposit box
Reach your savings goals faster with interest on any balance

An easy way to manage your U.S. funds
Savings

CIBC Premium Growth Account™

Includes

2 free transactions per month⁵

Interest with no minimum balance

Interest rate
RDS%rate[3].CBPGA.Published(null,0.0_and over_0.0_CAD_Balance,1,2)(#R#)% on every dollar⁷

Monthly fee

$0

Apply now For the CIBC Premium Growth Account. Opens a new window in your browser.

Learn more About the CIBC Premium Growth Account.

Savings

CIBC US$ Personal Account

Includes

2 free transactions per month⁵

Free paper statements

Interest rate
RDS%rate[3].CUPA.Published(null,0.0_up to_2999.99_CAD_Balance,1,2)(#O2#)% on every dollar⁷

Monthly fee

$0

Apply now For the CIBC US$ Personal Account. Opens a new window in your browser.

Learn more About the CIBC US$ Personal Account.

Our clients come first

A park with a CIBC Banking Centre and a cityscape in the background

Switch to CIBC

Let us help you transfer your accounts, pre-authorized payments and deposits. It's easy to join CIBC.

Learn how to switch to CIBC

Save on bank account fees

Learn how to avoid fees and get the most from your account.

Learn how to save on fees

Help and advice

Lost, stolen or damaged cards

1-800-663-4575
(Canada and U.S.)

514-861-9898
(Elsewhere)

Report fraud

1-800-465-2422
(Canada and U.S.)

902-420-2422
(Elsewhere)

Learn how to make your banking safer

Resources

Register for online and mobile banking

Banking how-to guides

Find my documents

A man and woman relaxing on a tropical beach

Advice

Enjoy your retirement

^{Explore great tips and advice to help you manage your finances during every stage of your retirement.}

Learn more

A laptop and smartphone for online and mobile banking

How to

Register for online and mobile banking

^{Register once and you can immediately start banking on all your devices.}

Learn more

A CIBC advisor pointing to a spot on a globe

ADVICE

Get custom travel tips

^{Let our experts help you plan your vacation with ease.}

Learn more

Questions?

Top banking questions Opens a new window in your browser.

Need to talk?

Get in touch. We're here to help

Meet with usOpens a new window in your browser.

Contact usOpens a new window in your browser.

Call usOpens a new window in your browser.

CDIC badge. Opens a new window in your browser.

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 Applies to the CIBC Smart™ Account, the CIBC Everyday® Chequing Account and the CIBC Smart™ Plus Account.

² Applies to the CIBC Premium Growth Account™ and the CIBC US$ Personal Account.

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 (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).

⁴ "Paperless" record keeping is a paper-free alternative to statements and bankbooks. This option enables customers to track account activity online or by phone or CIBC bank machine. Please note, no electronic or printed statements will be sent to customers selecting this option. Customers must review their account transactions through CIBC Online or Mobile Banking, CIBC Telephone Banking or CIBC bank machines at least once every 30 days and examine all entries and balances at that time. If there are any errors, omissions or irregularities, customers must notify CIBC in writing within 60 days after the date on which the entry was, or should have been, posted to the account. Banking activity that occurred prior to Online Banking registration will not be available in the Online or Mobile Banking transaction history.

⁵ The rebate is also available for cardholders with the following CIBC cards no longer available for new clients: CIBC Aventura World Mastercard®, CIBC Aventura World Elite® Mastercard, CIBC Aerogold Visa and CIBC Gold Visa. The rebate is up to $120 on the annual fee for primary cardholder and $50 on the annual fee for up to 3 additional cards.

Terms and conditions apply. For details, review the CIBC Smart Plus Credit Card Annual Fee Rebate Terms and Conditions (PDF, 75 KB) Opens a new window in your browser..

⁶ To qualify for the CIBC Banking Bundles, you need to have an eligible CIBC Mortgage or Secured Line of Credit, a CIBC Investment and either a CIBC Credit Card or Creditor Insurance.

⁷ Regular interest (“Regular Interest”) is calculated daily at the current rate on each day’s full closing balance and paid monthly.

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.