Go much further
Now that you have been living in Canada for a while, you may be thinking more about your future. Here you will earn how CIBC can help you build financial security, pay for your child’s college or university, protect yourself and your family against unexpected expenses, and more.
CIBC Welcome to Canada Banking Package
Has Canada been your home for 5 years or less? CIBC has a special banking offer to help newcomers to Canada build a comfortable life.
Need to meet? Our team is here for you.
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No monthly fee everyday banking for one year
Get a bank account with no monthly fee for one year. You can also get up to $60 cash back on a safety deposit box.
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Everyday purchase with a credit card
Help build your credit history in Canada with a CIBC credit card. There is no security deposit, income or credit history required. You just need to have another eligible CIBC banking product.
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Saving and investing for the future
Maximize your family’s savings with our best savings rate and an account for your child. Choose a Tax Free Savings Account and from a range of investment options including GICs and mutual funds.
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Buying a home
Own your first home in Canada sooner. You may qualify for lower down payment options, with no Canadian credit history required.
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Buying a car
If you are new to Canada and want to buy a car but do not want to use your own money, you can ask for a CIBC Auto FinanceTM car loan from your car dealer . No Canadian credit history is necessary.
Canadian Guaranteed Investment Certificates
In Canada, there are lots of different ways to invest your money. Guaranteed Investment Certificates (GICs) are one way you can save for your future.
Canadian Mutual Fund Investments
In Canada, there are many types of investment products. Mutual funds are one way you can save for your future.
More for Newcomers
Canadian Tax-free Savings Accounts
As a Canadian resident, you can earn tax-free money on your savings. CIBC can help you open a Tax-Free Savings Account
Foreign
exchange
Get the foreign cash you need. CIBC offers cash in up to 75 foreign currencies.
CIBC Global Money Transfer™
If you bank with CIBC, you can send money to someone in another country quickly and easily. There is no money transfer fee.
CIBC Smart Prepaid Visa* Cards
Prepaid cards are a great way to manage your money when you are shopping or travelling. CIBC offers two convenient and secure prepaid cards.
Creditor and Travel Insurance
At CIBC we offer creditor and travel insurance to help protect what’s important to you.
Precious
metals
Investing in gold and silver can be part of a smart investing plan. It is also a great gift to celebrate the holidays. CIBC can help you invest in your future. Order your gold and silver today.
Planning for retirement in Canada
How much will you need in savings to lead a comfortable life in Canada when you retire? CIBC can help you create a retirement savings plan.
Saving for your child’s education in Canada
If you want to give your child a college or university education in Canada, consider opening an Education Savings Plan with CIBC.
Articles and Resources
Buying your first home in Canada
Now that you are living in Canada, you may be thinking about buying a home. Here are some important things to consider.
Saving versus investing
Saving and investing can both help you achieve financial goals, but they are quite different from one another. This article explains the difference.
Ways to get a car in Canada
Congratulations! Your new life in Canada has started. Here is a list of important things to do in the first few days after you arrive.