Tailored to your student budget

Benefits of C I B C Advantage for Students

What you get:

  • Unlimited transactions1 and no monthly fee
  • Free paperless record-keeping2
  • Debit purchases across Canada using the INTERAC network®1
  • Debit purchases outside Canada, and online, by phone or by mail with a CIBC Advantage Debit Card® using the Visa network
  • 24-hour account access through CIBC branches, bank machines, and telephone, online, and mobile banking


How you get it:

  • Provide proof of enrolment in a full-time post-secondary program (college, university or CEGEP)
  • International students can qualify for this offer by showing their student ID, foreign passport and study permit (IMM 1442)
  • This offer lasts up to a maximum of 4 years from your program enrolment date (based on expected graduation date or program length). To extend, you must re-apply with proof of continued enrolment


Plus, with the CIBC Express Switch® Service3, it's easy to transfer your pre-authorized transactions and/or account balance from another bank to CIBC.

More details

Banking fees

Monthly fees

None

Transactions
 

  • Cheques
  • Withdrawals (including ATM)
  • Transfers
  • Pre-authorized payments
  • Bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit)
  • Debit purchases

Unlimited

Sending INTERAC e-Transfer®

$1.50 each + transaction fee, if applicable

Receiving INTERAC e-Transfer

Free

Non-CIBC bank machine withdrawal

$1.50 each + transaction fee, if applicable

Account inquiries

Free

Interim statement

$4.50 each

Bankbook record keeping

$2.00/month

Paperless record keeping2

Free

Better ways to bank with CIBC

Convenient

Bank when you like - we're open longer at many of our 1,100+ branches

Accessible

One of the largest bank machine networks in Canada for quick and easy access to your cash

Innovation

Bank on the go, with award-winning mobile  and online access

Total Student Solutions

Visit Student Life for our latest offers, scholarships, advice and more


More great deals for students
 
Visit Student Life to learn about offers, scholarships, advice and more.

Students in Professional Programs


Short of cash? We’ve got you covered

You can also add CIBC Overdraft Protection Service  to this account, which covers you against temporary cash shortages.

Apply now for a C I B C Advantage for Students Bank Account

A student travel card with no income requirement

Earn Aventura points with the CIBC Aventura® Visa™ Card for Students and get your travel plans off the ground sooner.

Learn more about the C I B C Aventura Visa Card for Students