CIBC Smart Account
$500
Welcome bonus
$16.95
Monthly fee
CIBC's flagship chequing plan with tiered fee rebates and a cash welcome offer.
Welcome offer
- Complete qualifying actions
Key features
- Unlimited transactions including e-Transfer
- ATM rebates by tier
- Up to $139 + $50 card rebates (Tier 3)
- $0 Global Money Transfer
Welcome Offer
CIBC is offering a $500 cash bonus when you open a Smart Account and complete the qualifying actions.
It's worth noting that the offer can be bundled to as much as $850 when paired with the CIBC Dividend Visa Infinite Card.
Fees
The CIBC Smart Account carries a monthly fee of $16.95 at its entry tier.
That fee is fully rebated when you maintain a $4,000 minimum daily balance, while the account's higher tiers carry no monthly fee at all.
Plus, the fee is always $0 for youth, students, seniors, newcomers, and clients with an RDSP or the Disability Tax Credit.
Account Features
As CIBC's flagship chequing plan, the Smart Account is built around unlimited banking.
You'll get unlimited transactions, including Interac e-Transfers, plus ATM fee rebates that vary by tier.
The top tier adds credit card fee rebates of up to $139 plus $50, and the account includes CIBC Global Money Transfers at no charge.
Deposits are eligible for CDIC coverage.
Legal Disclaimers
Terms and conditions apply. The information for the CIBC Smart Account 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.
Last updated: July 8, 2026