Business Chequing Account CAD CDIC Insured
CIBC

CIBC Everyday Business Operating Account®

A cost-effective account with 30 transactions and a monthly fee waiver. ($20/mo for self-service, $25/mo for full-service).

Interest rate Not listed
Monthly fee $20/mo
Transactions 30/month
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Additional promotion

Includes a deposit package of $3,000 cash, $300 coin, and 25 cheques.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

COSTS

Fees and account limits

Monthly fee$20/mo
Fee-waiver balance$20,000
Minimum deposit$0
Maximum depositNot listed
Included transactions30/month
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Debits Exceeding Monthly Limits$1.00 for each additional self-service transaction. $1.25 for each additional full-service transaction. - Per Use -
Per-Transaction FeeTransactions beyond the included 30 incur standard overage fees. - Per Use -
ACCOUNT EXPERIENCE

Features and benefits

Free Interac e-Transfers

Interac e-Transfers included in 30 transaction limit.

CDIC Insured

Eligible for CDIC Insurance.

International Money Transfers

Send up to $250k globally with CIBC Global Money Transfer for Business.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

COVERAGE

Registration, networks and availability

Registration options

  • CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with CIBC before opening the account.

Product information last reviewed or updated Mar 12, 2026.