Best CIBC Bank Accounts

Discover the best CIBC bank accounts, tailored to your financial needs. Compare options, benefit from reduced fees, and explore exclusive advantages to optimize your banking management.

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Are you looking for information on a CIBC bank account online and want to know if CIBC Bank is the right online bank for you? In this guide, you will learn everything about CIBC Online:

Best CIBC Bank Account Offers

CIBC Everyday Chequing Account

With the CIBC Everyday Chequing Account, you can easily and efficiently manage your finances with CIBC Online:

  • 12 transactions included.
  • Interac e-Transfer transactions at $1.50 each.
  • A monthly fee of $3.90 and $1.25 per additional transaction.

CIBC Smart Checking Account

With the CIBC Smart Account, you can easily and efficiently manage your finances with CIBC Online:

  • 12 or more (unlimited) transactions, including free Interac e-Transfer transactions.
  • From $4.95 to $14.95 per month or fees waived if you maintain a minimum balance of $3,000 or more and perform eligible transactions.

CIBC Smart Plus Account

With the CIBC Smart Plus Account, you can easily and efficiently manage your finances with CIBC Online:

  • A premium CIBC credit card with annual fee rebates.
  • Unlimited transactions, including Interac e-Transfer service.
  • Unlimited ATM withdrawals.

Get all this for a fee of $29.95 per month or fees waived if you maintain a minimum balance of $6,000 or more or perform eligible transactions.

CIBC Smart Bank Account for Youth

The CIBC Advantage Savings Account for Youth online is designed for young people aged 18 and under:

  • Get $25 off
  • Unlimited free transactions, including Interac e-Transfer transactions.
  • No monthly fee

CIBC Advantage Bank Account for Students

The CIBC Smart Bank Account for Students online is designed for students:

  • Get $60 when you open an account
  • unlimited free transactions, including Interac e-Transfer transactions.
  • Offers and discounts when enrolling in the SPC program
  • No monthly fees

After 4 1/2 years, the account will be converted to a regular CIBC Smart Account.

CIBC Smart™ for Seniors

On your 65th birthday, CIBC automatically enrolls you in the benefits of the CIBC Smart Program for Seniors.

This CIBC Smart Banking Program for Seniors online offers:

  • Lower monthly fees
  • Free Interac e-Transfer transactions with the Smart Account
  • Free bank drafts and money orders
  • 2 free transactions per month

Our Review of CIBC Online

In Quebec and elsewhere in Canada, CIBC Online offers numerous banking services for its clients. By holding a CIBC debit card, you can access CIBC’s many banking services.

Several online services are offered by CIBC, for example:

  • View your CIBC chequing or savings accounts online through CIBC Online Banking or CIBC Mobile Banking
  • CIBC Mobile Banking App for smartphones to manage your accounts anywhere
  • Send money from your CIBC online account using Interac e-Transfer
  • Deposit a cheque using CIBC eDeposit

CIBC’s online banking services offer is comprehensive, particularly in Quebec, with numerous branches. CIBC is an excellent choice with its 1,100 branches and a network of 3,400 CIBC Automated Banking Machines (ABMs).

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For more details, you can view the different bank accounts offered by CIBC here.

Online Services Offered by CIBC

As a CIBC Online client (CIBC Online Banking), you can benefit from numerous advantages:

  • 24/7 access to CIBC Online Banking or CIBC Mobile Banking
  • Online payments of your transactions and bills
  • Send money quickly to the person of your choice with an Interac e-Transfer
  • Send money anywhere in the world with CIBC Global Money Transfer
  • Deposit your cheques anywhere with the CIBC eDeposit app
  • Save automatically with recurring transfers from your chequing account
  • Download a CIBC void cheque
  • Receive reminders from CIBC Smart Balance Alert Service in case of insufficient funds
  • In case of loss or theft, block, unblock, or replace your credit card in your CIBC online banking
  • Protect yourself with CIBC Overdraft Protection Service
  • Use CIBC Savings Goals tool
  • Complete a CIBC Financial Health Check to get an overview of your current financial situation.

Also, know that CIBC provides special offers for newcomers, youth, students, seniors, foreign workers, as well as cross-border services for U.S. dollar transactions.

Frequently Asked Questions about CIBC Online

How to log in to CIBC Mobile Banking and Online Banking?

To log in, you will need a valid CIBC debit card or CIBC credit card with an expiry date.

Then, register once to start banking on all your devices.

From your mobile:

  • Download the CIBC Mobile Banking App
  • Select Incritpion from the side navigation menu
  • Enter your card number and expiry date, then select Continue.
  • Select the mode you prefer to receive the verification code, then send.
  • Enter the code you received, then Next.
  • Create your password then Continue.
  • Accept the electronic access agreement.
  • Click on Login then Ok.

From your computer:

  • Visit cibc.com/english
  • Enter your card number and expiry date, then select Continue.
  • Select the mode you prefer to receive the verification code, then send.
  • Enter the code you received, then Next.
  • Create your password then Continue.
  • Accept the electronic access agreement.
  • Click on Login then Ok.

How to easily pay bills with CIBC?

You can pay bills with CIBC Online Banking, CIBC Mobile Banking, a CIBC Automated Banking Machine (ABM), or at a CIBC banking centre.

Online, you simply need to register your bills in your account. The procedure is the same with the CIBC Mobile Banking App.

  • Select Pay Bills
  • Add a payee and search for the name of the person or company you want to pay, then select the bill to pay.
  • Enter your bill account number
  • Confirm how you would like to receive the verification code
  • Enter the received verification code and confirm.
  • Choose Pay this bill then enter the amount due.

A 48-hour delay is generally to be expected for your payment to be processed.

How to choose the right CIBC online account?

CIBC Bank offers 3 main CIBC bank accounts: the CIBC Smart and CIBC Smart Plus chequing accounts, or the CIBC eAdvantage Savings Account. In addition, there are offers for youth, students, seniors, newcomers to Canada, and foreign workers.

If you still can’t find the right account for you, an online bank account selector is available to help you compare bank accounts. Finally, you can easily meet one of the agents if you have any questions.

How can I replace a lost, stolen, or damaged CIBC client card?

To replace a lost, stolen, damaged, or non-functional CIBC client card, call

  • 1 800 663-4575 (Canada and United States)
  • 514 861-9898 (elsewhere in the world)

How to contact CIBC Bank in case of fraud?

You can contact CIBC Bank’s fraud department:

  • 1 800 465-2422 (Canada and United States)
  • 902 420-2422 (elsewhere in the world)

What are the eligibility criteria for CIBC Bank credit cards?

To be eligible for a CIBC credit card, you must:

  • be a Canadian resident;
  • be the age of majority in your province of residence, which is 19 in Canada (except Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and Prince Edward Island where the age of majority is 18).
  • meet the usual criteria required by CIBC Bank

CIBC Bank offers many credit cards, some of which may require a minimum income. Check out our page dedicated to the best CIBC credit card offers.

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