Our best rate

Maximize your savings with a 1.50%^† rate

Saving for something? Get our best savings offer^◇when you open your first CIBC eAdvantage^® Savings Account.

^† Limits apply.

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Get a CIBC eAdvantage Savings Account

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What comes with an eAdvantage Savings Account?

High interest

Earn high interest on every dollar you save — no minimum balance required.

Free transfers

Transfer money for free between your CIBC personal bank accounts.¹ Plus, set up recurring transfers to reach your goals even sooner.

Bank your way

Access your money anytime, 24 hours a day, 7 days a week.

Account details

Base interest rate

RDS%rate[3].CESA.Published(null,5000.0_and over_0.0_CAD_Balance,1,1)(#O2#)%

Bonus interest rate

1.45%

For the first 120 days

Monthly fees

No transactions² included

You're eligible for this offer if this is your first eAdvantage Savings Account.
Also, you have to be a Canadian resident who has reached the age of majority in your province or territory.

Grow your savings with ease

With a high interest rate, it's easy to save for what you really want. A high interest savings account is great when you're saving for big purchases, such as:

Your next vacation

Getting your degree

Your dream home

A new car

^†The bonus interest offer only applies to clients opening their first CIBC eAdvantage Savings Account (“eSA”). Eligible eSAs will earn bonus interest (“Bonus Interest”) for 120 days from the date the eSA is opened, in addition to regular (“Regular Interest”).

Bonus Interest is calculated daily at the current rate on each day’s full closing balance (up to a balance limit of $1,000,000) and paid monthly. Regular Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. Regular and Bonus Interest rates quoted are annual. Regular Interest rates may change at any time without prior notice. For current Regular Interest rates, ask at any CIBC Banking Centre or go to www.cibc.com.

Other conditions apply. For full offer details, review the Terms and Conditions (PDF, 115 KB) Opens in a new window. or visit a CIBC Banking Centre.

^◇ Our best current offer as of November 22, 2021.

¹ Free transfers to your other CIBC personal accounts (excludes Interac e-Transfer^® which will be treated as a transaction).

² 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 personal bank account(s), to your CIBC Personal Line(s) of Credit and to your CIBC Credit Card account(s). 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).

Trademarks

Maximize your savings with a 1.50%† rate

What comes with an eAdvantage Savings Account?

High interest

Free transfers

Bank your way

Account details

Base interest rate

Bonus interest rate

Monthly fees

Grow your savings with ease

Maximize your savings with a 1.50%^† rate