Terms and conditions for banking bundles

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CIBC Everyday^® Banking Bundle

The CIBC Everyday Banking Bundle rebate (the “rebate”) is a rebate on the regular monthly account fee for the CIBC EverydayPlus^™ Chequing Account (the “EPC Account”).

Notice: Effective April 28, 2023 (the “effective date”):

Clients will not be eligible to enroll in the CIBC Everyday Banking Bundle.
If you enrolled in the CIBC Everyday Banking Bundle prior to the effective date and you do not qualify for the rebate in any month, you will not be re-enrolled in the CIBC Everyday Banking Bundle. This means that even if you qualify again, you will not receive the rebate.

A. Qualifying for the rebate

To qualify for the rebate you must have:

an EPC Account;
applied and been approved for the CIBC Overdraft Protection Service (“COPS”) for the EPC Account; and
at least one other eligible CIBC personal banking product (each an “Eligible Product”) from each of the following two categories:

i) A personal CIBC credit card including any one of the following:

CIBC Aventura^® Visa^* Card;
CIBC Aventura^® Gold Visa^* Card;
CIBC Aventura^® Visa Infinite^* Card;
CIBC Aeroplan^® Visa^* Card;
CIBC Aeroplan^® Visa Infinite^* Card;
CIBC Aeroplan^® Visa Infinite Privilege^* Card;
CIBC Dividend^® Visa Infinite^* Card;
CIBC Dividend Platinum^® Visa^* Card;
CIBC Dividend^® Visa^* Card;
CIBC Select Visa^* Card;
CIBC Classic Visa^* Card;
CIBC U.S. Dollar Visa Card;
CIBC Aventura World MasterCard^™ Card (discontinued);
CIBC Aventura World Elite MasterCard^™ Card (discontinued);
CIBC Aventura^® MasterCard^® Card (discontinued);
CIBC Aerogold^®Visa^* Card (discontinued);
CIBC Dividend Unlimited^® World MasterCard^™ Card (discontinued);
CIBC Dividend Unlimited^® World Elite MasterCard^™ Card (discontinued);
CIBC Gold Visa Card (discontinued);
CIBC Vacationgold^® Visa Card (discontinued);or
CIBC Platinum MasterCard Card (discontinued).

ii) One of the following CIBC savings accounts:

CIBC eAdvantage^® Savings Account;
CIBC Bonus Savings Account (discontinued);
CIBC Premium Growth Account^™ (discontinued);
CIBC Investor’s Rate Account (discontinued);
CIBC Daily Interest Savings Account (discontinued); or
CIBC Regular Savings Account (discontinued).

Excluded products

The following do not qualify as Eligible Products:

Foreign currency savings accounts (including those denominated in US dollars);
Simplii Financial^™ accounts;
All CIBC Wood Gundy credit card products; and
Supplementary CIBC credit cards from another person's account.

B. Joint ownership of the EPC Account

The application of the rebate to a joint EPC Account may allow the other joint accountholder to become aware that you have other products with CIBC. By applying for, or accepting an offer for, the rebate you consent to the rebate being applied to the joint EPC Account. Speak to your CIBC Advisor for more details.

C. Calculation and application of the rebate

You will receive a 30% rebate on your regular monthly EPC Account fee as follows:

The rebate is calculated and credited on the last calendar day of each month to your EPC Account after the monthly fee for your EPC Account has been applied and collected.
The first rebate will be credited to your EPC Account within 8 weeks after the last calendar day of the month in which you qualify.
If you open an EPC Account in the middle of a month and only pay a prorated monthly fee a prorated rebate will be credited.

The rebate will be applied to your regular monthly EPC Account fee only. You are only entitled to receive one rebate even if you have more than one EPC Account or more than the minimum number of other Eligible Products within each category.

If you do not qualify for the rebate, the regular monthly EPC Account fee will be reinstated automatically without notice to you.

D. General terms and conditions

You must comply with the Terms and Conditions of the CIBC Everyday Banking Bundle rebate and all other terms and conditions of CIBC products you have, including the EPC Account, COPS and other Eligible Products, every calendar day of the month in order for the rebate to apply for that month.

Your EPC Account, COPS and other Eligible Products must be open and active, as follows:

You must initiate at least one transaction in your EPC Account, including a deposit, withdrawal or debit once every 6 months.
Your credit card account must be in Good Standing. For more details, refer to your cardholder agreement.; and
You must continue to have COPS attached to your EPC Account.

You are not eligible for the rebate if any other fee discount or promotion is or may be applied to any of your CIBC chequing accounts.

If you no longer qualify for the rebate, CIBC may, but is not obliged to, automatically enroll you in another rebate for which you may qualify.

CIBC may, at any time, without prior notice to you:

change or cancel the EPC Account, COPS or Eligible Products which qualify for the rebate;
change the amount of the rebate;
cancel the rebate; or
amend these Terms and Conditions.

Except as modified, the terms and conditions relating to the existing products that you hold remain in full force and effect.

CIBC Homeowner Banking^™ Bundle

The CIBC Homeowner Banking Bundle rebate (the “rebate”) is a rebate on the regular monthly account fee of any of the following eligible personal CIBC chequing accounts (each an “Eligible Chequing Account”):

CIBC Smart^™ Account;
CIBC Smart^™ Plus Account;
CIBC Everyday^®Chequing Account; or
CIBC EverydayPlus^™Chequing Account (Discontinued).

Notice: Effective April 28, 2023 (the “effective date”):

Clients will not be eligible to enroll in the CIBC Homeowners Banking Bundle.
If you enrolled in the CIBC Homeowners Banking Bundle prior to the effective date and you change your Eligible Chequing Account or you do not qualify for the rebate in any month, you will not be re-enrolled in the CIBC Homeowners Banking Bundle. This means that even if you qualify again, you will not receive the rebate.

A. Qualifying for the CIBC Homeowner Banking Bundle

To qualify for the rebate you must have an Eligible Chequing Account and at least three other eligible CIBC personal banking products (each an "Eligible Product"). You must have one Eligible Product from each of the following categories:

i) A personal annual fee CIBC credit card OR a personal CIBC creditor insurance product:

Credit cards include any of the following:

CIBC Aventura^® Visa^* Card;
CIBC Aventura^®Gold Visa^* Card;
CIBC Aventura^® Visa Infinite^* Card;
CIBC Aventura^® Visa Infinite Privilege^* Card;
CIBC U.S. Dollar Aventura^®Gold Visa^* Card;
CIBC Aeroplan^® Visa^* Card
CIBC Aeroplan^® Visa Infinite^* Card
CIBC Aeroplan^® Visa Infinite Privilege^* Card
CIBC Dividend^® Visa Infinite^* Card;
CIBC Dividend Platinum^® Visa^* Card;
CIBC Select Visa^* Card;
CIBC Aventura^® MasterCard^®Card (discontinued);
CIBC Aventura World Elite MasterCard^® Card (discontinued);
CIBC Aventura World MasterCard^® Card (discontinued);
CIBC Aerogold^® Visa^* Card (discontinued);
CIBC Dividend Unlimited^® World MasterCard^® Card (discontinued);
CIBC Dividend Unlimited^® World Elite MasterCard^® Card (discontinued);
CIBC Vacationgold^® Visa^* Card (discontinued);
CIBC Gold Visa^* Card (discontinued).

Creditor insurance includes any of the following:

Creditor Disability Insurance for CIBC Personal Lines of Credit (PLC);
Creditor Disability Insurance for CIBC Personal Loans;
Creditor Life Insurance for CIBC PLC;
Creditor Life Insurance for CIBC Personal Loans;
CIBC Mortgage Disability Insurance;
CIBC Mortgage Disability Insurance Plus;
Creditor Life Insurance for CIBC Mortgages;
CIBC Payment Protector Insurance for CIBC Personal Loans; or
CIBC Payment Protector™ Insurance for CIBC Credit Cards

ii) A personal CIBC investment product such as:

CIBC Savings Account;
CIBC Guaranteed Investment Certificate (GIC);
CIBC Mutual Funds or CIBC Managed Portfolio Services (CIBC Securities Inc.);
CIBC Personal Portfolio Services;
CIBC Investor's Edge^® Account; or
CIBC Imperial Investor Services Account

iii) A personal CIBC borrowing product (or one that you guarantee):

CIBC residential mortgages;
CIBC real estate secured personal lines of credit; or
CIBC Home Power Plan^®

Excluded products

The following do not qualify as Eligible Products:

Foreign currency accounts and investment products (including those denominated in US dollars);
Simplii Financial™ accounts, investment products and mortgages;
CIBC Mellon investments;
CIBC investments held in CIBC Wood Gundy, or other investment dealer accounts;
FirstLine Mortgages; and
Supplementary CIBC credit cards from another person's account

B. Joint ownership of the Eligible Chequing Account

The application of the rebate to a joint Eligible Chequing Account may allow the other joint accountholder to become aware that you have other products with CIBC. By applying for, or accepting an offer for, the rebate you consent to the rebate being applied to the joint Eligible Chequing Account. Speak to your CIBC Advisor for more details.

Calculation and application of the CIBC Homeowner Banking Bundle

The rebate is calculated and credited on the last calendar day of each month to your Eligible Chequing Account after the monthly fee for your Eligible Chequing Account has been applied and collected;
The first rebate will be credited to your Eligible Chequing Account within 8 weeks after the last calendar day of the month in which you qualify;
If you open an Eligible Chequing Account in the middle of a month and only pay a prorated monthly fee a prorated rebate will be credited.

The rebate amount for each Eligible Chequing Account is as follows:

Account Type	Rebate on Monthly Fee
CIBC Smart™ Chequing Account	30%
CIBC Smart™ Plus Account	30%
CIBC Everyday Chequing Account	50%
CIBC EverydayPlus Chequing Account (discontinued)	50%

The monthly account fee is subject to change at any time. The rebate will be applied to your monthly fee only and does not apply to recordkeeping, additional transactions or any other Eligible Chequing Account fees.

You are only entitled to receive one rebate even if you have more than one Eligible Chequing Account or more than the minimum number of Eligible Products on an account.

If you do not qualify for the rebate, the regular monthly fee on your Eligible Chequing Account will be reinstated automatically without notice to you.

C. General terms and conditions

You must comply with the Terms and Conditions of the CIBC Homeowner Banking Bundle and all other CIBC products you have or you guarantee, including the Eligible Chequing Account and Eligible Products, every calendar day of the month in order for the rebate to apply for that month.

Your Eligible Chequing Account and Eligible Products must be open and active, as follows:

You must initiate at least one transaction in your CIBC chequing accounts, including a deposit, withdrawal or debit once every 6 months.
Your credit card account must be in Good Standing. For more details, refer to your cardholder agreement.
Your creditor insurance coverage must have been approved by the insurer and in effect.
For borrowing products, funds must have been disbursed.

Payments for all borrowing products and any other CIBC product you have or guarantee must be up to date and not in arrears.

You are not eligible for the rebate if any other fee discount or promotion is or may be applied to any of your CIBC chequing accounts.

If you no longer qualify for the rebate, CIBC may, but is not obligated to, automatically enroll you in another rebate for which you qualify.

CIBC may, at any time, without prior notice to you:

change or cancel the EPC Account, COPS or Eligible Products which qualify for the rebate;
change the amount of the rebate;
cancel the rebate; or
amend these Terms and Conditions.

Except as modified, the terms and conditions relating to the existing CIBC products that you hold remain in full force and effect.

Trademarks

“SIMPLII FINANCIAL”, the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC.

Terms and conditions for banking bundles

CIBC Everyday® Banking Bundle

A. Qualifying for the rebate

Excluded products

B. Joint ownership of the EPC Account

C. Calculation and application of the rebate

D. General terms and conditions

CIBC Homeowner Banking™ Bundle

A. Qualifying for the CIBC Homeowner Banking Bundle

Excluded products

B. Joint ownership of the Eligible Chequing Account

Calculation and application of the CIBC Homeowner Banking Bundle

Rebate on Monthly Fee

C. General terms and conditions

CIBC Everyday^® Banking Bundle

CIBC Homeowner Banking^™ Bundle