CIBC Bonus Savings Account

Build your savings with an account that pays competitive interest when your balance is $3,000 or more.

Interested in applying for a new account?

Apply online, call CIBC Telephone Banking at 1-866-525-8622 or visit one of our branches.

Is it for you?

The CIBC Bonus Savings Account could be for you if any of the following apply:

You want to build your savings
You have $3,000 or more to save
You want to earn interest on every dollar you save
You want to have funds on hand for unexpected emergencies
You want full and easy access to your money anytime

Key benefits

Makes you money	Earn a competitive interest rate when your balance is $3,000 or more Earn interest on every dollar you save Interest is calculated on each day's final balance and paid monthly
Saves you money	Receive 1 free transaction per month1.
Convenient	24-hour access to your account through CIBC Online Banking, CIBC Instant Teller® locations, CIBC Telephone Banking and INTERAC* Direct Payment Choose the free record keeping option that suits you best: bankbook, basic monthly or quarterly statement, or paperless option Comes with a CIBC Convenience Card®. Transaction fees are the same regardless of how you choose to bank: by bank machines in the CIBC network, CIBC Online Banking, CIBC Telephone Banking or in the branch

Information you need to know:

1 free transaction1 per month
Each additional transaction is $5
Monthly statement with cheques imaged2: $2.50/month
Interim statement: $4.50 each
Personalized cheques available (fees apply)
Account fees

Important information

Products and their features may change at any time.

This is a general description only. Get complete information about fees here.

1 For the Bonus Savings Account, a "transaction" means cheques, withdrawals, pre-authorized payments, bill payments (including CIBC Visa), transfers to another account and INTERAC direct payment purchases. All withdrawals at bank machines not displaying the CIBC name or logo are subject to additional fee(s).

2 Only the front of cheques will be imaged.

® Registered trademark of CIBC.

* Trademark of Interac Inc., CIBC authorized user of trademark.