What is an eligible balance?

Your account will be assigned to a tier based on the eligible balances you hold with us.

Here’s an example of some of the accounts and products that are included in the calculation of eligible balances:

• CIBC chequing and savings accounts
• GICs issued by CIBC
• CIBC Investment accounts
• CIBC Mutual Funds
• Investor’s Edge, Imperial Investor Services and Personal Portfolio Services

Tiers are calculated monthly and are based on the 2 previous average monthly balances calculated. The month with the highest average monthly balance calculated will be used to determine your account tier and current month's eligible features and benefits for that tier.

If you have other non-CIBC accounts, you can transfer your deposits and investments to us to move through the tiers faster and unlock additional features and benefits.

For more details on what's considered an eligible balance, the calculation of average monthly balances and how tiers are determined, review the Personal Account Service Fees (PDF, 425 KB) Opens a new window..