† Transactions are withdrawals from your account done in-branch, via an ABM or electronically including bill payments, cash withdrawals, transfers, debit purchases, pre-authorized payments and cheques. Deposits into your account are free.
* Offer begins on May 1, 2018 at 12:01 a.m. (ET) and ends on August 31, 2018 at 11:59 p.m (ET). Offer only open 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 and provide a valid email address. Next, within 3 calendar months, you must set up and complete within the CIBC Smart Account at least one (1) eligible recurring direct deposit OR at least two (2) different eligible recurring pre-authorized debits within the same calendar month. Offer cannot be combined with any other offer, reward or rebate except the CIBC Homeowner® Banking Bundle or the CIBC Smart™ Account fee waiver. The cash reward will be deposited into your CIBC Smart Account within 12-16 weeks of your completion of the required transactions. Other conditions apply. For full offer details, visit a CIBC Banking Centre or review the Terms and conditions (PDF, 110 KB) .
1 Please see the Personal Account Service Fees brochure available at cibc.com or in-branch for a description of transactions that are included in the CIBC Smart™ Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services.
2 The additional $1.50 service fee has been removed for sending an Interac e-Transfer® transaction. Each time you send money with Interac e-Transfer service, this counts as a transaction towards calculating your monthly fee.
CIBC Smart™ Account is a trademark of CIBC. CIBC Cube Design & “Banking that fits your life.” are trademarks are CIBC.
3Offer available on new CIBC Smart™ Accounts only. A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. The waived fees are the regular monthly account fee as shown in the Personal Account Service Fees brochure. Additional fee(s) apply to withdrawals from non-CIBC bank machines and transactions in foreign currency (including cheques written in currencies other than the account currency). These fees apply to all customers, including CIBC Advantage for Youth, CIBC Advantage for Students and CIBC 60 Plus Advantage customers. Although transaction fees, including for processing cheques, are waived for one year, a fee applies if you purchase a booklet of cheques. Fee waiver is in effect for one year, after which regular monthly and transaction fees will automatically apply without prior notice. The additional $1.50 service fee is waived for sending Interac e-Transfers. Each Interac e-Transfer you send counts as a transaction for calculating your monthly fee. Maximum savings amount based on the monthly account fee for Smart Account of up to $14.95, waived for one year (12-month time period).
4This 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 $55 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.