† Offer begins on May 21, 2024 at 12:01 am ET. Offer available to residents of Canada who are: (i) registered in an employer sponsored apprenticeship program established by the applicable governing body Opens a new window. in their province or territory of residence, and (ii) completing their required apprenticeship hours with their approved sponsor/employer for certification purposes. We may ask you to provide proof of registration in your apprenticeship program, such as a signed training agreement or other documentation as required by CIBC. To qualify, you must open a CIBC Smart Account online on this page or by visiting a CIBC Banking Centre or calling Telephone Banking. For an account opened through Telephone Banking, we may ask you to visit a CIBC Banking Centre to provide your signature to finish opening the account. The standard monthly account fee will be rebated for 24 consecutive calendar months (starting the calendar month of account open and the following 23 full calendar months immediately thereafter), after which the standard monthly account fee will apply. Other service fees continue to apply as set out in the Personal Account Service Fees brochure. Your account must remain open, in good standing and not converted during the 24-month period. If you continue to be enrolled in an eligible apprenticeship program and are still completing the required hours after the 24-month period, please contact CIBC to see if you are eligible for another offer or benefit. Proof of continued registration may be required at that time. We reserve the right to disqualify any person we find or believe (using any evidence or other information made available to or otherwise discovered by us) to be manipulating or otherwise abusing the process, fairness, integrity or operation of the offer CIBC reserves the right to end, cancel, change or suspend this offer or change these terms at any time without notice. Unless otherwise indicated, this offer can be combined with any other offer, rebate, reward or benefit.
‡ The CIBC Smart Account and Credit Card Offer (the “Offer”) begins on January 22, 2026 at 12:01 a.m. ET and ends on May 13, 2026 at 9:00 p.m. (ET) (the “Offer Period”). The Offer consists of two rewards: (a) a $500 cash reward, and (b) a $100 cash reward (which can be earned separately or combined). The Offer is open to residents of Canada who: (i) are age 25 and older, (ii) not a holder (or joint holder) of a CIBC chequing account at any time within the past 5 years, and (iii) are not CIBC employees or retired employees. To be eligible for the $100 cash reward, in addition to the foregoing criteria, you must not have not been a primary cardholder of any CIBC credit card during the 5 years before opening your new eligible credit card account.
To qualify to receive a $500 cash reward, open a CIBC Smart Account during the Offer Period and provide your email address. Within 60 days of opening the account, set up and execute 1 recurring direct deposit of at least $500 or more per month from your employer, government, or your pension, and complete at least 1 of the following 3 activities:
(i) 2 separate recurring pre-authorized debits in the same calendar month;
(ii) 5 eligible Visa Debit purchases in the same calendar month; or
(iii) 2 online bill payments of at least $50 each in the same calendar month.
To qualify for the $100 cash reward, open a CIBC Smart Account during the Offer Period and provide your email address. Within 30 days from the date of opening the CIBC Smart Account, apply for and be approved for an eligible CIBC credit card (review offer terms and conditions (PDF, 155 KB) Opens a new window. for list of eligible cards). Within 60 days of opening the CIBC Smart Account, set up and execute 1 recurring direct deposit of at least $500 or more per month from your employer, government, or your pension.
All direct deposit(s) and pre-authorized debits required to qualify for this Offer must recur either weekly, biweekly, monthly or twice per month and remain in effect for at least 1 year starting the month after the CIBC Smart Account was opened.
Unless otherwise indicated, this offer cannot be combined with any other chequing account offer, rebate, reward, or the CIBC Smart Start or CIBC Smart for Students benefit on the CIBC Smart account.
The $500 cash reward will be deposited into the qualifying CIBC Smart Account within 7 months after the month you opened the account and the $100 cash reward will be deposited into the qualifying CIBC Smart Account within 9 months after the month you opened the account. CIBC reserves the right to end, cancel, change or suspend this offer or change these terms for any reason without notice. Other conditions apply; review the terms and conditions (PDF, 155 KB) Opens a new window..
◊ To be eligible for a free SPC membership, you must hold an eligible CIBC product at the time you register for the membership, which you must do through CIBC online or mobile banking. Eligible CIBC products include a CIBC Youth or Student bank account, Student credit card or Student line of credit. A complete list of eligible CIBC products can be found at SPC and CIBC. Joint account holders of eligible CIBC products are not eligible for membership. You must also be a legal resident of Canada who is fourteen (14) years of age or over, but under the age of thirty (30) years if the eligible CIBC product you use to qualify for the membership is a student line of credit. The membership will automatically renew and remain in effect for as long as you hold an eligible CIBC product.
Trade-mark/registered trade-mark of Student Price Card Ltd.
†† The CIBC and Skip+ Program consists of a: (i) 12-month free trial of a Skip+ membership, (ii) Skip welcome voucher, and (iii) discounted Skip+ subscription fee after the trial period ends (collectively, the “Offer”). To participate in the CIBC and Skip+ Program and receive the Offer, an eligible CIBC cardholder must: (i) actively opt-in to the Program by linking their eligible CIBC card with their Skip account through the Skip app or Skip website, and (ii) pay using their eligible CIBC card at checkout on eligible Skip+ orders (excluding payments made using a CIBC card through third party digital wallets). Following the end of the 12-month Skip+ free trial period, your Skip+ subscription will automatically renew at $6.99 plus tax per month (while available and subject to change) unless you cancel your subscription earlier or the Program or Offer ends.
Existing terms of your CIBC rewards program, credit card account and debit card continue to apply. Program and Offer subject to Skip+ membership terms and condition. Program may end at any time without notice. Offer may be withdrawn or changed without notice at any time, including without limitation, changes to the discounted monthly Skip+ subscription fee, the welcome voucher, and the length of time the discounted monthly Skip+ subscription fee is available. Conditions apply. For full terms and conditions, CIBC and Skip+ partnership page.
◊◊ As part of the Skip+ program, subscribers are entitled to at least the following loyalty Benefits:
$0 delivery fee on orders placed at participating Partners, subject to a minimum spend of at least $15 (before associated taxes) in order to benefit from the Free Delivery Promotion. Such minimum order value may vary depending on the Partner selected, but will always be shown to you before placing your order on the platform. Participating partners may change at any time.
Discounted service fees: A saving of at least 40% off the regular Services Fees charged. Participating partners only. Participating partners will be identifiable when placing an order through the use of the Skip+ logo. You can check the Service Fee charged by each participating partner in the partner menu. Service Fees in general may vary between partners and locations.
Skip+ Members will be entitled to exclusive and/or priority access to promotions offered by Skip and its partners from time to time, provided you have not opted out of receiving marketing communications from Skip.
Additional promotional benefits, offers and rewards may additionally be made available from time to time, subject to any additional terms published alongside those offers or rewards.
Read the full program terms and conditions Opens a new window..
1 A transaction includes cheques, withdrawals, transfers, preauthorized payments, payments (including CIBC-branded loans), bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. Pre-authorized payments and transfers to CIBC-branded loans (excluding CIBC Personal Lines of Credit), mortgages and investments (registered and non-registered) are free. Payments to CIBC-branded mortgages are also 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). A transaction does not include debit purchases (excluding purchases made by pre-authorized payment), including transit fares and passes, made at Canadian public transit authority merchants classified by Interac’s “Merchant Category Code” (MCC) as “Local and Suburban Commuter Passenger Transportation, including ferries”. Debit purchases (excluding pre-authorized payment purchases) made at public transit authority merchants with this classification do not incur an account transaction fee. Debit purchases made at any other merchants offering public transit services are transactions and may incur an account transaction fee depending on the type of account.
2 Each Interac e-Transfer® you send counts as a transaction for calculating your monthly fee. The $1.50 Interac e-Transfer fee for sending or requesting money is waived on CIBC Smart Accounts, the CIBC Everyday Chequing Account, and for clients who are enrolled in CIBC Smart Start, CIBC Advantage for Youth, CIBC Smart for Students, CIBC 60 Plus Advantage and CIBC Advantage for Students (on the CIBC Everyday Chequing Account). Clients 65 years of age and older do not pay the Interac e-Transfer fee on any CIBC chequing account. Interac e-Transfer service has maximum dollar limits that you can send. Learn more about Interac fees and details.
Interac e-Transfer Terms and Conditions (PDF, 135 KB) Opens a new window.. Updated November 30, 2024.
3 The credit card must be active, meaning it should meet the minimum spend criteria of >$1 in the last 12 months.
4 Each client in Tier 2 and Tier 3 who holds an active eligible credit card account will receive an annual fee rebate, subject to the terms and conditions (PDF, 365 KB) Opens a new window.. The Tier 2 annual fee rebate is up to $50 annually for the primary cardholder. The Tier 3 annual fee rebate is up to $139 annually for the primary cardholder and up to $50 for each authorized user (up to a maximum of 3 authorized users). The credit card must be active, meaning it should meet the minimum spend criteria of >$1 in the last 12 months.
The following credit cards are eligible to qualify for annual fee rebate: CIBC Aventura® Visa Infinite*, CIBC Aventura® Gold Visa*, CIBC Dividend® Visa Infinite*, CIBC Dividend Platinum® Visa*, CIBC Aeroplan® Visa Infinite*, CIBC Aventura® Visa Infinite Privilege* and CIBC Aeroplan® Visa Infinite Privilege*. The rebate benefit is also available for cardholders with the following CIBC cards no longer available for new clients: CIBC Aventura® Mastercard® ($99), CIBC Aventura® World Mastercard®, CIBC Aventura® World Elite® Mastercard®, CIBC Aerogold® Visa* and CIBC Gold* Visa.
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