Banking for International Students
Earn $60* when you open a new student account and pay no monthly fee for unlimited transactions.
Are you studying in Canada?
Take advantage of our banking package for international students. From textbooks to tuition, education costs can add up. Let us help you spend and save – wisely.
Bank account for students in Canada
Earn $60*, pay no monthly fee and enjoy the freedom of unlimited transactions1 and free unlimited Interac e-Transfer service®. Plus, receive a debit card that can be used to make purchases online and in stores worldwide.
International student credit card2
Pay for purchases and help build your credit history. We don't need a security deposit, income or credit history, just another eligible CIBC personal banking product. You can even earn travel or cash back rewards on some of our cards.
Instant student savings just for you!
Get a free SPC membership with any CIBC student product and enjoy the benefits of SPC+. Save up to 30% with over 450 deals in-store and online to choose from in fashion, tech and more.
Get your student visa faster, cheaper and easier
Our no-fee GIC helps students from India, China, Vietnam and the Philippines meet the requirements for a study permit.
No monthly fee U.S. dollar account
Earn interest on your U.S. dollars. Funds can be transferred between your CIBC US$ Personal Account and your other personal CIBC bank accounts, online or at a banking centre.
Learn more about the U.S. dollar account for international students
Competitive interest savings account
Earn our best non-registered savings account interest rate on every dollar with the eAdvantage® Savings Account.
Buying a home
When you are ready to purchase a home, we can offer you a simplified mortgage application process, with no Canadian credit history required.
Foreign Exchange
Get the foreign cash you need. CIBC offers cash in up to 75 foreign currencies.
Toronto Pearson International Airport
When you arrive in Canada, you will have some immediate financial needs. CIBC has six convenient locations at Toronto Pearson International Airport.
CIBC Global Money Transfer™
If you bank with us, you can send money to someone in another country quickly and easily. There is no money transfer fee.
Enjoy banking that fits your life
Bank on the go, where and when you want – all from the convenience of your phone, tablet or computer.
Learn more about ways to bank with CIBC
Download the CIBC Mobile Banking® App:
Advice and assistance you can count on
Banking glossary
As a newcomer to Canada, you may find some of the banking and credit terms confusing. Our Banking Glossary can help.
Learn more about banking terms
How banking works in Canada
Find out how banking in Canada works. CIBC is here to help.
Learn more about banking in Canada
Renting a home in Canada
Are you a newcomer to Canada who is looking for a place to rent? This information will help you begin your search and understand how the housing rental system works in Canada.
Learn more about renting a home in Canada
What is credit?
Understanding credit and the importance of building a good credit rating when you’re new to Canada.
Learn more about credit