Join the bank Canadians have trusted for more than 150 years with locations near every campus in Canada.
Faster
Apply in 5 minutes with same-day processing.
No fees
Save money with no processing fees on foreign currencies.1
Completely digital
Do everything from your device. Submit online and track your progress.
How it works
With the CIBC Student GIC Program, you can transfer $10,000 CA to $20,000 CA.
Here’s an example:
Transfer $10,000 CA with no foreign currency transaction fees.
When you visit a CIBC Banking Centre, we’ll deposit $2,000 CA into your account.
We’ll invest the remaining $8,000 CA into your GIC Program account
You’ll get the full amount back plus interest in 11 equal payments over 1 year.
For more details, including information on completing your application, check out the International Student Banking Offer (ISBO) Application Guidebook in your preferred language.
You’ll get a $100 bonus when they transfer money to an International Student GIC Program account, even if you aren’t a CIBC client. Your friend will earn a $25 referral bonus.