Special chequing offer

Get $350^† with a CIBC Smart™ Account

Open your first chequing account, complete the qualifying actions and earn some extra cash.

Open an account

Ready to get $350?^†

Provide your email address when you open a CIBC Smart Account, then within 2 months:

Set up ongoing monthly direct deposits totalling $500 or more. Learn about direct deposits. Opens in a dialog.

And complete one of these 3 transactions within the same calendar month:

2 ongoing pre-authorized debits Learn about pre-authorized debits. Opens in a dialog.
2 online bill payments of $50 or more each
5 Visa* Debits Learn about Visa Debit purchases. Opens in a dialog.

Congrats! You’ll get your $350!

See terms and conditions for more details

Are you under 25 years old?

This cash offer is only available to clients over 25.

However, you qualify for a $100 cash offer and no-fee everyday banking with CIBC Smart™ Start.

Learn more about CIBC Smart Start.

Bank smarter with a flexible monthly fee

No worries – only pay for what you use.

$0¹ up to $16.95

Pay $0 if you meet the minimum daily balance requirement

Monthly fee by number of transactions Learn about transactions. Opens in a dialog.

Up to 12

$0³ or $6.95

13 to 20

additional $1.25 each

Unlimited

$0³ or $16.95

If you’re a Canadian resident age 65 or older, you get a $6.95 monthly fee discount. Learn more about CIBC Smart for Seniors.

What to love about the CIBC Smart Account

Enjoy unlimited transactions²

Get unlimited everyday banking, including free Interac e-Transfer® service³.

Keep track of your account

Set up alerts to remind yourself about bills, payments and more. Plus, avoid an NSF fee with CIBC Smart Balance Alert™.

Take control of your finances

CIBC Insights gives you tailored advice based on your spending history.

Get a debit card that does more for you

Make the most of Visa Debit

Shop online or around the world using the money in your CIBC bank account.⁴ Just select Visa at checkout; it’s secure and you can track all your spending in one place.

Save money with rewards and discounts

With your CIBC cards, fuel up and get up to 10 cents off per litre with Journie Rewards⁵, plus, get money back with Paymi⁶ from top retailers.

Tap more with your phone

You can now tap your phone for up to $250 with Interac Debit at a growing list of retailers in Canada.

Newcomer, student or foreign worker?

We have special offers just for you! Learn more about CIBC Smart Account offers for newcomers, students and foreign workers.

Get $350^† with a CIBC Smart™ Account

Open an account

^† Cash reward offer begins on April 29, 2023, at 12:01 am ET. Offer available to Canadian residents who are age 25 and older for a CIBC Smart™ Account or have reached the age of majority for a CIBC Smart™ Plus Account, and from 2019 to the time of opening the account are not holders or joint holders of a CIBC chequing account, all as determined by CIBC in its sole discretion. To qualify for the $350 offer, open a CIBC Smart Account or CIBC Smart Plus Account and provide your email address. Within 2 months after the month of opening the account, complete at least 1 or more recurring direct deposits totalling at least $500 per month and 1 of the following 3 activities: (i) 2 different recurring pre-authorized debits within the same calendar month; (ii) 5 eligible Visa* Debit purchases within the same calendar month; or (iii) 2 online bill payments of at least $50 each within the same calendar month. The direct deposit and the pre-authorized debit must remain in effect for at least 1 year from after the month of opening the account. Eligibility of transactions will be determined by CIBC in its sole discretion. Offer cannot be combined with any other offer, reward, rebate or the CIBC Smart Start or Smart for Students benefit on the Smart Account unless otherwise indicated by CIBC. The cash reward will be deposited into your account within 7 months after the month that you opened the account. Other conditions apply; review the terms and conditions (PDF, 135 KB) Opens in a new window..

¹ Entire monthly fee is rebated if you maintain a minimum end of day balance of $4,000 each day in this account. For details, review the CIBC Smart Account fee rebate terms and conditions, part of the Personal Account Service Fees (PDF 545 KB) Opens in a new window..

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) and to your CIBC Personal Line(s) of Credit (except Interac e-Transfer service which will be treated as a transaction) and transfers 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. Other fees (in addition to any transaction fee) include: withdrawals from non-CIBC bank machines (for CIBC Smart Plus Accounts, the fee for all non-CIBC ATM withdrawals in Canada, the U.S. and internationally is rebated each month; for CIBC Smart Accounts and for clients enrolled in CIBC Smart Start or CIBC Smart for Students, the fee for 1 non-CIBC ATM withdrawal made in Canada is rebated each month), 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 Smart Start, CIBC Premium Growth Account with CIBC Advantage for Youth, CIBC Smart for Students, and CIBC Advantage for Students on the CIBC Everyday Chequing Account; clients 65 years of age and older do not pay the Interac e-Transfer fee on any CIBC chequing account) and foreign currency transactions (including cheques written in currencies other than the account currency).

For a description of transactions that are included in the CIBC Smart Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services, review the Personal Account Service Fees brochure (PDF, 210 KB) Opens in a new window..

³ The additional $1.50 service fee is waived for sending Interac e-Transfer transactions. Each Interac e-Transfer transaction you send counts as a transaction for calculating your monthly fee. Maximum dollar amount applies for Interac e-Transfer transactions. For details, review the. CIBC Interac e-Transfer Terms and Conditions (PDF, 190 KB) Opens in a new window..

⁴ Visa* Debit transactions are any transactions which can be done online, by phone or by mail at participating retailers or at stores in the U.S. and internationally wherever Visa is accepted.

⁵ You will save three cents ($0.03) per litre at the time of your purchase if you present your Journie Rewards card or app and use your linked CIBC card to pay. Available at participating locations on any grade of gasoline or diesel up to 100 litres per transaction. To get the discount, you must be enrolled in and use CIBC Online Banking or the CIBC Mobile Banking^® App to link your eligible CIBC card(s) to Journie Rewards. Card linking may take up to two (2) business days. Please visit cibc.com/journie for full program terms and conditions.

Once your Journie Rewards account has reached three hundred (300) Journie Points, you will automatically save an additional seven cents ($0.07) per litre on your next fuel purchase transaction, up to a maximum of 100 litres. Such fuel purchase must be made within 30 days, or the discount will expire. Once you pass 300 points, your balance will reset and start counting toward 300 points and your next Fuel Discount. Visit journie.ca Opens in a new window. for more details.

Participating locations include select retail Chevron, Pioneer or Ultramar branded gas stations in Canada. For a full list of participating stations, visit Journie Rewards Opens in a new window..

™ All of Journie Rewards trademarks are owned by Parkland Corporation.

™ All of Pioneer’s trademarks are owned by Parkland Corporation.

™ Ultramar is a registered trademark of Valero Energy Inc., used under license.

CHEVRON is a registered trademark of Chevron Intellectual Property LLC, used under license.

⁶ All Paymi rewards are provided by Paymi and not CIBC. Paymi terms and conditions apply, visit www.paymi.com Opens in a new window.. Paymi cash back rewards can only be earned on eligible cards and offer related purchases with the payment card(s) linked to your Paymi.com account, or by clicking through the link to a merchant website as directed in Paymi’s member offer web and app pages. Read the information on all offers in Paymi’s member offer web and app pages for full details on cash back eligibility. Eligible card details found at www.cibc.com/en/special-offers/paymi.html. Offer related purchases are purchases made in response to a merchant offer made to you via the Paymi platform. The purchases must be made within the offer period specified on Paymi’s member offer web and app pages to be eligible for cash rewards. Offers expire at midnight on the offer end date specified. If an offer related purchase is canceled or returned for a full refund, the Paymi.com incentive rewarded will be deducted. If a portion of the offer related purchase is returned, the Paymi.com incentive awarded will be reduced proportionately in relation to the return amount of the purchase. Redemption of the cash back rewards is facilitated through Paymi.com through Interac e-Transfer.

Paymi is owned and operated by Integrated Rewards Inc.

Trademarks

Get $350† with a CIBC Smart™ Account

Ready to get $350?†

Congrats! You’ll get your $350!

Are you under 25 years old?

Bank smarter with a flexible monthly fee

No worries – only pay for what you use.

Monthly fee by number of transactions Learn about transactions. Opens in a dialog.

What to love about the CIBC Smart Account

Enjoy unlimited transactions2

Keep track of your account

Take control of your finances

Get a debit card that does more for you

Make the most of Visa Debit

Save money with rewards and discounts

Tap more with your phone

Newcomer, student or foreign worker?

Get $350^† with a CIBC Smart™ Account

Ready to get $350?^†

Enjoy unlimited transactions²