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Direct Banking Savings

(Offered in Barbados Only)
Make saving more accessible with a Low opening amount!

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Fees & Balances
  • Low minimum amount of $25 is required to open your account
  • Low monthly service charge* - In-branch transactions attract a per-transaction charge
  • No requirement to keep a balance on your account

* In-branch transactions are not included and will attract a per-transaction fee

  • Free banking at CIBC FirstCaribbean Instant Tellers
  • Free banking and bill payment through our Online, Mobile and Telephone Banking services
  • Arrange pre-authorised payments from your account
Special Conditions
  • Salary / payroll deposits are not allowed
  • Free Instant Teller transactions only on CIBC FirstCaribbean machines
  • POS transactions are not allowed