How it works

Step 1 of 4.
Transfer $20,635 CA with no transaction fees when you transfer in foreign currency.
Step 2 of 4.
When you visit a CIBC Banking Centre, we’ll deposit $6,190.50 CA into your CIBC chequing account.
Step 3 of 4.
We’ll invest the remaining $14,444.50 CA into your GIC Program Account.
Step 4 of 4.
You’ll get the full amount invested in the GIC Program Account back in 11 equal payments over 1 year, plus you’ll earn interest!

Check out our other offers

CIBC Dividend Visa Card for students.

CREDIT CARDS FOR STUDENTS

Start building credit from day one

Learn more about credit cards for Students.

INTERNATIONAL STUDENT GIC

Earn $100 for each student you refer

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STUDENTS

Refer a student in Canada and you’ll both earn $50

Learn more