†† The CIBC Smart™ Account for Newcomers is offered to those who have received landed immigrant status in the last 5 years. Monthly account fee is rebated for one year after which regular monthly account fees apply without notice.
Maximum savings amount based on the monthly account fee for CIBC Smart™ Account for Newcomers of up to $14.95, rebated for one year (12-month time period) reflects a value of $179.40.
† Offer begins on February 5, 2021, at 12:01 am ET and ends on July 29, 2021, at 11:59 pm ET. Offer available 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 or CIBC Smart™ Plus Account and provide your email address. Within 2 months of opening the account, complete 2 of the following 3 activities: (i) at least 1 recurring direct deposit; (ii) at least 2 different recurring pre-authorized debits; (iii) at least 2 online bill payments of at least $50 each. The direct deposit and the pre-authorized debit must remain in effect for at least 2 consecutive months. Offer cannot be combined with any other offer, reward or rebate unless otherwise indicated. The cash reward will be deposited into your account seven (7) months after you have opened the account. Other conditions apply; review the terms and conditions (PDF, 135 KB) Opens a new window in your browser.
1Offer available on new CIBC Smart™ Accounts only and for those who have received landed immigrant status in the last 5 years. 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 Interac e-Transfer service. 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).
2 This 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 $60 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.
- banking products are available only in Canada;
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- readers should be aware that banking services and products offered may be subject to local laws and regulations and they should seek independent legal advice in relation to such services and products.