Every dollar you save will make a difference as you build your new life in Canada. This is why CIBC offers the following to newcomers to Canada:

  • Unlimited transactions and no monthly fee for 1 year1 with CIBC Smart™ for Newcomers (Offers newcomers a special discount on the CIBC Smart™ Account)
  • Unlimited INTERAC e-Transfers®
  • Free paperless record-keeping
  • Up to $55 cash back2 when you rent a safety deposit box at a CIBC banking centre

When you open a CIBC Smart™ for Newcomers Account, you will also get a CIBC Advantage Debit Card. With this card you can:

  • Access your account during opening hours at a CIBC banking centre, or 24 hours a day, 7 days a week, using bank machines, telephone banking, online banking and mobile banking
  • Shop in Canada using INTERAC® Debit
  • Shop at stores in the U.S. and internationally wherever Visa is accepted
  • Shop online, over the phone or by mail from retailers who accept Visa and Visa Debit