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Youth between the ages of 14 and 18 have a chance to win up to $10,000††. Learn more about the My Money, My Future challenge Opens in a new window.
Get your child started with a savings account that has the benefits of an unlimited chequing account
Special offer
Get $25†
when your child opens their first account
Here’s how it works:
- Open a new CIBC Advantage for Youth account.
- Provide a valid email address.
Once these steps are completed, $25 will be deposited into your child’s account within 2 months.
Enjoy unlimited banking
Get unlimited transactions for no monthly fee1
Access the account digitally
It's easy for your child to access their account from anywhere and at any time with CIBC Online Banking® and CIBC Mobile Banking®.
Grow your child’s savings
Help your child grow their savings with a competitive interest rate that's calculated daily and paid out monthly.
Help manage their budgets
Parents can easily set up recurring transfers to regularly pay for their child’s allowance.
Get a free SPC membership‡
Save money in-store and online with over 450 deals from top brands. Plus, get exclusive access to SPC+.
CIBC Advantage for Youth at a glance
How does my child qualify?
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
Help and advice
Lost, stolen or damaged cards
Report fraud
1-800-465-2422Opens your phone app.
(Canada and U.S.)
902-420-2422Opens your phone app.
(Elsewhere)
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