CIBC Smart Account for Newcomers
A one-year Costco Gold Star Membership and no monthly fee for two years
Welcome bonus
$0
Monthly fee
A newcomer chequing plan with no monthly fee for two years and a complimentary one-year Costco Gold Star Membership.
Welcome offer
- Open an eligible newcomer Smart Account
- Complete qualifying actions
Offer ends November 16, 2026
Key features
- Unlimited transactions including e-Transfer
- $0 Global Money Transfer
- Tiered benefits
Welcome Offer
CIBC is offering no monthly fee for two years on the Smart Account for Newcomers, plus a complimentary one-year Costco Gold Star Membership when you fund the new account with any amount within 30 days of opening it.
Bundle the account with an eligible CIBC credit card to earn up to $600.
Plus, there's a refer-a-newcomer program worth $50 each.
Fees
The account has no monthly fee for your first two years.
After that, standard CIBC Smart Account pricing applies.
Account Features
The Smart Account for Newcomers is CIBC's everyday chequing plan for people who are new to Canada.
You'll get unlimited transactions, including Interac e-Transfers, along with CIBC Global Money Transfers at no charge.
The account also offers tiered benefits, in line with CIBC's Smart Account structure.
Deposits are eligible for CDIC coverage.
Legal Disclaimers
Terms and conditions apply. The information for the CIBC Smart Account for Newcomers has been collected independently by Prince of Travel and is not provided or reviewed by CIBC. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
CIBC Smart Account for Newcomers
Welcome bonus · A one-year Costco Gold Star Membership and no monthly fee for two years
Apply NowLast updated: July 8, 2026