† Offer begins on February 29, 2020, at 12:01 am ET and ends on June 30, 2020, at 11:59 pm 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 and provide your email address. Within 3 months of opening the account, set up and complete on a recurring basis each month at least one (1) eligible direct deposit OR at least two (2) different eligible pre-authorized debits. 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 completed the required transactions. Other conditions apply; visit a CIBC Banking Centre or review the terms and conditions (PDF, 115 KB) Opens a new window in your browser.
‡ Offer available on CIBC Smart™ Accounts for those who have received landed immigrant status in the last 5 years. Monthly account fee is rebated for one year after which regular monthly account fees apply without notice.
◇ Offer available for mortgage loans for first time home buyers, mortgage loans for new purchase, mortgage loans transferred in to CIBC from another financial institution and funded within 120 days of application date.
Mortgage loan must have a principal amount of $100,000 or more and be either a CIBC Fixed-Rate Closed Mortgage loan with a term of 3 years or more or a CIBC Variable Flex Mortgage loan and mortgage must fund within 120 days of application date. You must have a personal CIBC chequing account and pre-authorized mortgage payments must come from a CIBC account. Qualifying clients will receive $3,000 on a mortgage loan amount of $750,000 or more, $2,000 on a mortgage loan of $500,000 to 749,999, $1,200 on a mortgage loan of $300,000 to $499,999, or $1,000 on a mortgage loan of $100,000 to $299,999. Cash back will be deposited in the personal CIBC chequing account 6 to 8 weeks after funding. Other conditions and restrictions apply. Ask us for details. Offer ends June 30, 2020. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.
If you have an eligible high ratio mortgage, you may also qualify for a special low rate. Talk to us to find out how.
†† If you have a CIBC personal bank account, like a savings, chequing or a personal line of credit, but haven’t yet tried CIBC Global Money Transfer (“GMT”), request a GMT transfer and you’ll receive 50 CAD in your CIBC account in 4 to 6 weeks.
If you don’t have a CIBC personal bank account, open a new CIBC personal bank account, like a savings, chequing or a personal line of credit, and make a CIBC Global Money Transfer within 60 days after the account opening and you’ll receive 50 CAD in your new account in 4 to 6 weeks. CIBC may cancel or change the offer at any time without notice.
1 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).
2 Entire monthly fee is waived if you maintain a minimum end of day balance of $3,000 each day and a recurring direct deposit or 2 pre-authorized payments each month in this account. For details, review the CIBC Smart Account fee waiver terms and conditions, part of the Personal Account Service Fees (PDF, 680 KB) Opens a new window in your browser..
3 This offer applies only to new Safety Deposit Boxes (where available), rented to Newcomers who also open a new CIBC chequing account. 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 chequing account within approximately one to four weeks of the box being rented. This cannot be combined with any other Safety Deposit Box offer.