Offer summary
No fee for using Interac e-Transfer (included in the 18 transactions).
Chequing Account
CAD
CDIC Insured
CIBC
CIBC Everyday® Chequing Account
A basic account with a low monthly fee. Includes 18 transactions monthly. Our low-cost account commitment to Canadian consumers.
Interest rate
Not listed
Monthly fee
$4/mo
Transactions
18/month
Minimum deposit
$0
CURRENT OFFERS
Promotions and account value
EARNINGS
Rates and interest details
A specific interest rate is not currently listed for this product.
COSTS
Fees and account limits
Monthly fee$4/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactions18/month
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Debits Exceeding Monthly Limits18 transactions included monthly. $1.25 for each transaction over 18. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
Free Interac e-Transfers
No fee for using Interac e-Transfer (Counts toward 18 limit).
Online and Mobile Banking
Includes CIBC Online and Mobile Banking.
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.
Seniors
COVERAGE
Registration, networks and availability
Registration options
- NONREGNon-Registered
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.