CIBC US$ Personal Account
0.05%
Interest rate
$0
Monthly fee
A no-monthly-fee USD account for holding and writing U.S. dollar cheques.
Interest rate
Key features
- Hold and write USD cheques
- Withdraw USD at CIBC
- Cross-border transfer to CIBC Bank USA
Fees
The CIBC US$ Personal Account carries no monthly fee.
Instead, you'll pay US$0.75 per transaction, so costs scale with how often you use the account.
Account Features
The US$ Personal Account lets you hold U.S. dollars and write cheques in U.S. funds directly from the account.
You can withdraw U.S. cash at CIBC, and there's a cross-border transfer option for moving money to CIBC Bank USA.
The account pays tiered interest on your balance, with current rates posted on CIBC's website.
Deposits are eligible for CDIC coverage.
Legal Disclaimers
Terms and conditions apply. The information for the CIBC US$ Personal 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