Offer summary
Get 4.60% interest for 3 months when you open your first account.
Savings Account
CAD
CDIC Insured
CIBC
CIBC eAdvantage® Savings Account
A high interest savings account that rewards you with Smart Interest when you save $200 or more in any month.
Rate up to
0.3%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
CURRENT OFFERS
Promotions and account value
EARNINGS
Rates and interest details
Promotional rate
0.3%
Promotional
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
4.60% special rate (Regular + Bonus) for 3 months on first account up to $1M.
Balance-tier schedule
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $0 – $200,000 | 0% | — | Earn an additional 0.25% Smart Interest in any month you save $200 or more. |
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 per transaction. Transfers to other CIBC personal bank accounts are free. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
No Monthly Fees
No monthly fee.
Online and Mobile Banking
CIBC Smart Balance Alert included.
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
- 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.