CIBC Advantage® for Youth
Give your child a head start on saving

Get your child started with a savings account that has the benefits of an unlimited chequing account

Enjoy unlimited banking

Get unlimited transactions for no monthly fee.¹

Manage your money from anywhere

It's easy with the CIBC Advantage Debit Card®, CIBC SmartTM Prepaid Visa* Card, CIBC Online Banking® and CIBC Mobile Banking®.

Earn interest

Help your child grow their savings with a competitive interest rate that's calculated daily and paid out monthly.

Get a free SPC membership^†

Save money in-store and online when you shop at over 450 partner brands.

CIBC Advantage for Youth at a glance

Monthly fee

Interest rate²

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Interac e-Transfer^®transactions

Transactions

Free

Unlimited

Fees and details

How do I qualify?

CIBC Advantage for Youth:

You're a Canadian resident age 18 or younger
You're not a full-time student enrolled in college,
university or CEGEP

After you turn 19, CIBC Advantage for Youth automatically converts to the CIBC Premium Growth Account™.

Are you a post-secondary student?

Explore our accounts and services specially designed for full-time students enrolled in college, university or CEGEP

Learn about banking for students

Apply now

Learn how to switch to CIBC

Help your child save for a bright future

Save for tomorrow

Children can start earning interest that's calculated daily and paid monthly. You can help grow their savings by setting up recurring transfers to deposit your child’s allowance.

Save, spend and track with ease

With your consent, your child can sign on to our mobile app using a password, Touch ID^® or Face ID^®. It's easy and safe to check account balances, deposit cheques and transfer money with mobile banking.

Learn about CIBC Mobile Banking

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.

Plan for the next step

Is your child thinking about post-secondary school? We can help, with student discounts for banking and great lines of credit.

Learn about banking for students

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

Help and advice

Advice

Learn about RESPs

Save for your child's post-secondary education with a Registered Education Savings Plan (RESP).

Learn more

How to

Use eDeposit^®

Your child can use a mobile device to deposit personal cheques.

Learn more

Advice

Get tips on teaching kids about money

From counting coins to filing income tax, financial literacy is important for children of all ages.

Learn more

Questions?

Top bank account questions Opens a new window in your browser.

Need to talk?

Get in touch. We're here to help

Meet with us

Call us

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

CIBC Advantage® for Youth Give your child a head start on saving

Get your child started with a savings account that has the benefits of an unlimited chequing account

Enjoy unlimited banking

Manage your money from anywhere

Earn interest

Get a free SPC membership†

CIBC Advantage for Youth at a glance

Monthly fee

Interest rate2

Interac e-Transfer® transactions

Transactions

How do I qualify?

CIBC Advantage for Youth:

Are you a post-secondary student?

Help your child save for a bright future

Save for tomorrow

Save, spend and track with ease

Bank your way

Plan for the next step

Savings calculator

Help and advice

Lost, stolen or damaged cards

Report fraud

Resources

Advice

Learn about RESPs

How to

Use eDeposit®

Advice

Get tips on teaching kids about money

From counting coins to filing income tax, financial literacy is important for children of all ages.

Need to talk?

CIBC Advantage® for Youth
Give your child a head start on saving

Get a free SPC membership^†

Interest rate²

Interac e-Transfer^®transactions

Use eDeposit^®