Rate option 1
1.5%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Business Savings Account
CAD
CDIC Insured
CIBC
CIBC Business Investment Growth Account®
A savings account with the flexibility to access funds anytime, while you earn interest.
Rate up to
1.5%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
EARNINGS
Rates and interest details
Balance-tier schedule
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $0+ | 0% | — | Tiered interest between 1.50% and 2.80% based on daily closing balance. |
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsNot listed
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Per-Transaction Fee$5.00 for each debit (withdrawal) transaction. Credit (deposit) transactions are $1.00 self-service or $1.25 full-service. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
CDIC Insured
Eligible for CDIC Insurance.
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.