Banking for Students

We’re committed to supporting students through the COVID-19 disruption. Learn how we can help

Get more out of student life

From textbooks to tuition, education costs can add up. Let’s get you on the right track so you can spend — and save — wisely.

Special offer: Get $60 when you open a CIBC Smart for Students account.^†Learn moreabout the student banking offer..

We’ve got all your banking needs covered

Bank accounts
CIBC Smart™ Account for Students

No monthly fee
Get unlimited transactions¹, including Interac e-Transfer^® service
Enjoy your student benefits for six months after graduating

Apply now

Learn more

Credit cards
CIBC Aventura^® Visa* Card for Students

No annual fee
Minimum credit limit of $1,000
Earn Aventura Points with every purchase⁵
Get up to 2,500 bonus Aventura Points²

Learn moreAbout the CIBC Aventura Visa Card for Students

Not into travel rewards? Check out our cash back card.

More student cards

Lending
CIBC Education Line of Credit

Borrow up to $60,000 for your post-secondary education³
Only pay interest on the amounts you actually use while you’re in school

Apply now

Learn more

Prepaid cards
Smart™ Prepaid Visa* Card for Students

No upfront customization fee
Reload your card online or with the CIBC banking app

Learn moreAbout the Smart Prepaid Visa Card for Students

Investments
CIBC Investor’s Edge for Students

Manage your investments using our online platform
Use our educational tools to help build your portfolio
No annual fee, no minimum balance, low online equity trade rate

Learn moreAbout CIBC Investor’s Edge for Students

Get a free SPC membership^††

Your free SPC membership provides exclusive access to SPC+. Get better discounts, special experiences and more. Save instantly when you shop over 450 deals in-store and online. Pay no membership fee as a CIBC client with an eligible student product.

Learn moreabout this offer.

Want to get all our student products at once?

Meet with us

Are you an international student?

Get a no-fee bank account, cash back rewards and more with our student banking package.

Learn more

Students from China, India, Vietnam and the Philippines can apply for a study permit faster with our no-fee GIC.

Learn more

Are you studying medicine, dentistry or optometry?

Get a line of credit for school, a no-fee bank account and more perks with our banking bundle for medical, dental and optometry students.

Learn more

Do more with your phone

Transfer money, pay bills and use your smartphone to pay for your everyday purchases.

A paper airplane circles a smartphone with money on the screen.

Owe money to your study buddy? Pay them back, with no minimum transfer limit.

Find out how to get free unlimited Interac e-Transfer^® service

Four friends study on the grass in a park.

Pay your bills and your tuition from your phone.

Learn how to pay a bill on your mobile device

Forgot your wallet at your dorm? No problem. Use your smartphone to pay without carrying the plastic.

Explore other ways to pay

Set savings goals and stay on track with your digital dashboard

Whether you're saving for tuition, to buy a car or make an even bigger purchase later, we have tools to help you build and manage your finances.

Free credit score service⁴

You can get your credit score instantly using the CIBC Mobile Banking^® App — and your information stays safe and secure.

Learn moreLearn more about how to check your credit score for free.

Get the app

We received the highest overall score in Mobile Banking and Online Banking functionality and usability, among Canada's 5 largest retail banks.

Your security comes first.

It’s simple: if you’ve been a victim of fraud, and you’ve met all of your responsibilities, we promise to return 100% of the money you’ve lost from your CIBC accounts.

Learn more about privacy and security

Find your ATM near campus

We know you need cash on hand for sports club memberships, coffee and even nights out with friends. With CIBC’s network, your money is where you need it.

We’re easy to find, with nearly 4,000 ATMs and 1,100⁺ Banking Centres at your disposal.

Find an ATM near you

Looking for more information?

Join CIBC (2:30)
Read transcriptRead transcript for video Join CIBC.

TOOLS

Student budget calculator

Advice

CIBC scholarships

Advice

Student credit cards

Advice

All about stocks

TOOLS

Education line of credit calculator

Get started

Get a student credit card

Open a student bank accountOpen a student bank account. Opens a new window in your browser.

Apply for a student line of credit

Apply for a student prepaid Visa card

Meet with usMeet with us. Opens a new window in your browser.

Open an account with your phone using our app

It’s never too early to think about a career at CIBC

Explore year-round and summer jobs for students and graduates.

Explore careers

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^†† To be eligible for a free SPC membership, you must hold an eligible CIBC product at the time you register for the membership, which you must do through CIBC online or mobile banking. Eligible CIBC products include a CIBC Youth or Student bank account, Student credit card or Student line of credit. A complete list of eligible CIBC products can be found at SPC and CIBC. Joint account holders of eligible CIBC products are not eligible for membership. You must also be a legal resident of Canada who is fourteen (14) years of age or over, but under the age of thirty (30) years if the eligible CIBC product you use to qualify for the membership is a student line of credit. The membership will automatically renew and remain in effect for as long as you hold an eligible CIBC product.

Trade-mark/registered trade-mark of Student Price Card Ltd.

¹ A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments and debit purchases. Additional fee(s) apply to withdrawals from non-CIBC bank machines and foreign currency transactions (including cheques written in currencies other than the account currency).

²You must apply and be approved for a new eligible card between November 17, 2020 and January 31, 2021 to qualify for this offer.

If you apply and are approved for a new card, you will receive:

i. Up to 2,500 bonus Aventura Points for completing the below activities within 60 days of your CIBC Aventura^® Visa* account approval. The following activities are worth 500 Aventura Points each: 1. Share your email address with CIBC; 2. Sign up for eStatements for your new Aventura Visa card; 3. Add an authorized user on your new Aventura Visa card; 4. Hold any eligible CIBC Chequing Account; and 5. Add your Aventura Visa card with Apple Pay^®, Samsung Pay or Google Pay™. It may take up to two statement cycles for the bonus Aventura Points to appear on your credit card statement after each of the above activities have been completed. You can provide us with your email address and sign up for eStatements through CIBC Online Banking, by visiting a branch or calling Opens your phone app.Opens your phone app.1-800-465-4653Opens your phone app.. This offer is applicable to the first authorized user added only. Your authorized users will be issued the additional card(s) automatically when we get your request, as long as your credit card account is: a) still in good standing at that time, and b) your request does not exceed a total of 3 authorized users (counting any existing authorized users you may already have). Authorized users under the age of 13 can only be added by calling CIBC at 1-800-465-4653Opens your phone app.. You must hold any of the following CIBC Chequing accounts: CIBC Everyday^® Chequing Account, CIBC Smart™ Account, CIBC PremierService^® Account, CIBC US$ Personal Account, CIBC Personal Chequing Account, CIBC EverydayPlus^® Chequing Account, CIBC Waive Account^®, CIBC MenuPlus^® – Maximize Interest Account, CIBC Chequing Savings Account. If you already have an existing eligible CIBC Chequing account or shared your email address with CIBC, you will be qualified to receive the 500 Aventura Points each. If you do not have an eligible account you may apply online or by calling Opens your phone app.1-866-525-8622Opens your phone app.. To learn more about the mobile payment options, visit cibc.com.

³ Applicants must meet all CIBC lending criteria. Certain conditions and restrictions apply. Credit limit determined by CIBC, in its sole discretion. Qualified guarantor may be required. Products and their features may change at any time. This is a general description only. For more information and product terms and conditions, consult product brochures or call Opens your phone app.1-866-525-8622Opens your phone app..

⁴ The CIBC free credit score service is a feature in the CIBC Mobile Banking App which allows CIBC clients to subscribe to get their credit score from Equifax Canada. The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties or by CIBC in certain instances to access your creditworthiness. The provision of this score to you is intended for your own educational use. Third parties and CIBC will take into consideration other information in addition to a credit score when evaluating your creditworthiness.

You should always obtain the most updated credit information and scores from Equifax Canada to ensure accuracy before making a major financial decision.

⁵ Aventura Points are earned on card purchases less returns, and not on cash advances, interest, fees, balance transfers, payments, regular CIBC Convenience Cheques or Aventura Points redemptions. Aventura Rewards and Program Terms may change without notice. Taxes, fees and other charges may apply to Rewards. Aventura Points earned on purchases during a monthly statement period may not be credited to you if your card is not in good standing at any time during the monthly statement period.

Trademarks

Banking for students

We’ve got all your banking needs covered

Bank accounts CIBC Smart™ Account for Students

Credit cards CIBC Aventura® Visa* Card for Students

Lending CIBC Education Line of Credit

Prepaid cards Smart™ Prepaid Visa* Card for Students

Investments CIBC Investor’s Edge for Students

Get a free SPC membership††

Are you an international student?

Are you studying medicine, dentistry or optometry?

Do more with your phone

Owe money to your study buddy? Pay them back, with no minimum transfer limit.

Pay your bills and your tuition from your phone.

Forgot your wallet at your dorm? No problem. Use your smartphone to pay without carrying the plastic.

Set savings goals and stay on track with your digital dashboard

Free credit score service4

Get the app

Your security comes first.

Find your ATM near campus

Looking for more information?

Get started

It’s never too early to think about a career at CIBC

Bank accounts
CIBC Smart™ Account for Students

Credit cards
CIBC Aventura^® Visa* Card for Students

Lending
CIBC Education Line of Credit

Prepaid cards
Smart™ Prepaid Visa* Card for Students

Investments
CIBC Investor’s Edge for Students

Get a free SPC membership^††

Free credit score service⁴