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Platinum Chequing

As a Platinum Chequing Account customer, you enter a select circle of customers who expect and deserve the best.
Customers who qualify for this account will benefit from:

  • Simplified money management
  • Our very best rates
  • Free and discounted services
  • Receive a CIBC FirstCaribbean Visa Debit Platinum card
  • Your CIBC FirstCaribbean Visa Debit Platinum gives you exclusive access to our special express queue in selected branches
  • Free access to CIBC FirstCaribbean Instant Tellers and POS terminals where you can withdraw cash; make deposits; perform account enquiries; transfer funds between your accounts; print a mini-statement from on your account, and make purchases
  • Free Online Banking with Bill Payments and International Wire Payments
  • Free Mobile Banking
  • Negotiate a CIBC FirstCaribbean Overdraft facility
Fees & Balances
  • $10,000 local currency is required to open Platinum Chequing Account and to accrue interest
  • NO monthly service charge
  • NO fees for deposits and withdrawals
  • Free branded cheque book
  • Government Stamp Duty must be paid on each cheque according to local government regulations
  • Variable interest calculated daily where the account’s collected closing balance is equal to or above the required minimum
  • Interest is paid and compound monthly
  • Government Withholding Tax is applied where applicable
  • Tiered interest rate structure which allows higher yields as your balance grows
  • Total Deposit balances of at least the local currency equivalent of US $100,000 ($200,000 BAH) OR
  • Mortgage of at least the local currency equivalent of US $350,000 ($250,000 JAM, $400,000 BAH)