† Get up to $1,200 in value is a combination of: i) 12 monthly account fees rebated for a value up to $203.40 ($16.95 per month) for unlimited transactions using a CIBC Smart™ Account for Newcomers; ii) $99 one-time annual fee rebate in annual fees for the CIBC Dividend Platinum® Visa* Card, for the primary cardholder (includes one-time annual fee rebates for 3 additional authorized users added at the time of the application); iii) $288 annual cash back value assumes grocery and gas purchases of $800 per month; iv) $60 in value based on the purchase of a safety deposit box; v) $290 annual value assumes 12 money transfer transactions (based on $20 per transfer at money transfer service provider), includes $50 for your first CIBC Global Money Transfer™; vi) $300 in value when opening and using a CIBC Smart™ Account for Newcomers, accounts must be opened after February 5, 2021, at 12:01 am ET with qualifying criteria completed within two (2) months of opening the account.
◇ Cash reward offer begins on February 5, 2021, at 12:01 am ET. Offer available to Canadian residents who have reached the age of majority and who are not holders or joint holders of a CIBC chequing account. To qualify, open a CIBC Smart™ Account for Newcomers or CIBC Smart™ Plus Account and provide your email address. Within 2 months of opening the account, complete 2 of the following 3 activities: (i) at least 1 recurring direct deposit; (ii) at least 2 different recurring pre-authorized debits; (iii) at least 2 online bill payments of at least $50 each. The direct deposit and the pre-authorized debit must remain in effect for at least 2 consecutive months. Offer cannot be combined with any other offer, reward or rebate unless otherwise indicated. The cash reward will be deposited into your account seven (7) months after you have opened the account. Other conditions apply; review the terms and conditions (PDF, 135 KB) Opens in a new window..
†† The CIBC Smart™ Account for Newcomers is offered to those who have received landed immigrant or permanent resident status in the last 5 years, or those who are temporary resident workers who have a Canadian work permit issued for at least a 12-month term. Must show proof of entry into Canada and provide supporting documents such as landing papers, permanent resident card or Canadian work permit (IMM 1442). Monthly account fee is rebated for one year after which regular monthly account fees apply without notice.
Maximum savings amount based on the monthly account fee for CIBC Smart™ Account for Newcomers of up to $16.95, rebated for one year (12-month time period) reflects a value of $203.40.
◊◊ This offer applies to the CIBC Dividend Platinum® Visa* Card. You can qualify for this offer if you apply and are approved for a new eligible card beginning on June 28, 2021.
Offer applies to newly approved card accounts only; transfers from an existing CIBC credit card to a CIBC Dividend Platinum® Visa* Card are excluded. This offer is not transferable. This offer may be withdrawn or changed without prior notice at any time. This offer may be revoked if you appear to be manipulating or abusing it, or are engaged in any suspicious or fraudulent activity, as determined by CIBC in its sole discretion.
A one-time annual fee rebate for you (the primary cardholder) and up to three authorized users added at the time of the application. This offer does not apply to annual fees for authorized users that are added after you submit your application. This offer applies for the first year only. If your application for an eligible card is not approved, you may be considered for another card (as disclosed in your credit card application). If you are approved for that card, this annual fee rebate offer will apply in the amount of the annual fee, if any, of the alternate card. If you qualify, the rebate will be awarded to you and will appear as a credit against the applicable annual fee(s) within two statements. Your new credit card account must be open and in good standing at time the rebate is awarded.
The cash back is accumulated each month, beginning with the January statement and ending with the December statement. Only Primary Cardholders are permitted to make a cash back redemption. Authorized Users are not eligible to redeem cash back dollars. The Primary Cardholder may redeem cash back at any time during the year provided they have a minimum cash back balance of $25 at the time the redemption request is made. The minimum cash back redemption amount is $25. Cash back will be credited to the Primary Cardholder’s account within 5 days of the date the redemption request is made. Any cash back amount that is not redeemed by the Primary Cardholder by the last day of the period covered by your December statement will be automatically redeemed, resulting in your cash back balance being reset to zero, and applied as a credit on your next statement, or, in limited circumstances, at such other time as may be permitted by CIBC. CIBC is not required to credit your account with cash back earned during a monthly statement period if your credit card account is not open and in good standing at any time during a monthly statement period. Credit card account must also be open and in good standing at the time the cash back is redeemed.
✧ Saving up to $240 for 12 money transfer transactions based on a transfer fee of $20 per transfer (the typical money transfer fee at money transfer services) versus paying no transfer fees when you use CIBC Global Money Transfer™ service. You may also get $50 CA after you complete your first CIBC Global Money Transfer™ and use the promo code GMT50. CIBC may cancel or change the offer at any time without notice.
1 Cash back on the purchase of a safety deposit box ($60 value).
This offer applies only to new Safety Deposit Boxes (where available), rented to those Newcomers who also open a new CIBC Smart™ Account for Newcomers. The prorated annual Safety Deposit Box fee plus taxes is due when the Safety Deposit Box is first rented; the regular annual Safety Deposit Box fee plus taxes will be collected in January of each year. The customer will be reimbursed the cost of a small Safety Deposit Box rental (up to $60 plus tax) into their CIBC Smart™ Account for Newcomers within approximately one to four weeks of the box being rented.
This cannot be combined with any other Safety Deposit Box offer.
2 CIBC foreign exchange rates apply. A CIBC Global Money Transfer™ and a Foreign Exchange transaction counts towards your allowable transaction limit, bank account transaction fees may apply. Must have a CIBC chequing account, savings account, eligible credit card or personal line of credit account to send a CIBC Global Money Transfer™. Most transfers are completed within 1 to 3 business days. Only primary credit card cardholders can use their eligible credit card account to pay for the CIBC Global Money Transfer™ service.
Read the CIBC Global Money Transfer Agreement (PDF, 135 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.
4 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, 210 KB) Opens in a new window..
5 A transaction includes everyday banking transactions such as 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 bank account(s) using the transfer function on CIBC Online Banking®, CIBC Mobile Banking®, CIBC Telephone Banking and at CIBC ATMs. 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). Additional fee(s) apply to wire payments, withdrawals from non-CIBC bank machines, Interac e-Transfer® transactions and transactions in foreign currency (including cheques written in currencies other than the account currency).
6 Interest rates will change from time to time on at least 30 days prior notice to the primary cardholder. "Purchase" means card purchases less returns and does not include: cash advances, interest, fees, balance transfers, payments and CIBC Convenience Cheques. "Cash" means cash advances, balance transfer and CIBC Convenience Cheques.
7 Cash advances do not earn cash back. Cash advances bear interest from the date they are taken from your credit card account and are subject to available credit and available cash.