CIBC Welcome to Canada Banking Package

Special offer

Earn $300^† with a CIBC Smart^™ Account for Newcomers

Plus, pay no monthly fee for one year^‡ when you open a new account.

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Find the right bank account, credit card and more

Skip the monthly fee with the CIBC Smart™ Account

FREE
For a year if you’ve been in Canada less than 5 years^‡

FREE
After your first year when you maintain a minimum balance of $3,000²

UNLIMITED
Transactions, including Interac e-Transfer®^, ¹

$60 CASH BACK
When you rent a safety deposit box³

Apply now

Learn more

CIBC’s got the right credit card for you

Earn cash back, rewards and more. No credit history required. All you need is a CIBC bank account.

Looking for travel rewards?

Learn moreAbout the CIBC Aventura Gold Visa Card.

Bank with your phone. Download the CIBC Mobile Banking^® App.

Enjoy convenient, secure banking no matter where you are
Pay a bill, send money, check your balance and more
Set personalized reminders and notifications

Did you know? The CIBC app was ranked #1 in the Forrester Canadian banking app rankings.

Learn moreAbout the CIBC Mobile Banking App.

Download the app

Discover our banking bundles for international students and foreign workers

Settled in? Start branching out.

A woman puts groceries in the back of her car.

Need a car? Get a loan.

The CIBC Auto Finance^TMNewcomers Program is a special auto loan program for newcomers, available through participating car dealerships. It allows you to borrow money with no Canadian credit history.

Learn moreAbout the CIBC Auto Finance Newcomers Program.

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Moving your mortgage? Get up to $3,000^◇.

Moving your mortgage is fast and easy. A CIBC Mortgage Advisor can help you find a mortgage that meets your needs. Plus, if you move your mortgage to CIBC, you could earn up to $3,000. Get started by setting up a meeting with us.

Request a call from a CIBC mortgage advisor

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Get $50 back^†† on your first Global Money Transfer.

Send money globally with a $0 transfer fee. With CIBC Global Money Transfer™, you can transfer money to over 75 countries including India, the Philippines, China and the United States. Go to CIBC Online Banking^® or use the CIBC Mobile Banking^® App.

Learn moreAbout CIBC Global Money Transfer.

Why CIBC?

Service

Our knowledgeable advisors can help you achieve your goals every step of the way, from the moment you arrive.

Convenience

CIBC has more than 1,100 Banking Centres across Canada. Look around – you’ll probably see a CIBC branch or ATM near you.

Experience

CIBC draws on over 150 years of experience to bring you quality financial products and services.

Find a CIBC branch near you

Find a branch or ATM

Call us anytime

Get help 24 hours a day, 7 days a week by calling 1-866-525-8622.

Need to meet?

Get expert help with accounts, loans, investments and more.

Book an appointment

^† 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.

Trademarks

CIBC Welcome to Canada Banking Package

Earn $300† with a CIBC Smart™ Account for Newcomers

Find the right bank account, credit card and more

Skip the monthly fee with the CIBC Smart™ Account

CIBC’s got the right credit card for you

Bank with your phone. Download the CIBC Mobile Banking® App.

Settled in? Start branching out.

Need a car? Get a loan.

Moving your mortgage? Get up to $3,000◇.

Get $50 back†† on your first Global Money Transfer.

Why CIBC?

Service

Convenience

Experience

Find a CIBC branch near you

Call us anytime

Need to meet?

Earn $300^† with a CIBC Smart^™ Account for Newcomers

Bank with your phone. Download the CIBC Mobile Banking^® App.

Moving your mortgage? Get up to $3,000^◇.

Get $50 back^†† on your first Global Money Transfer.