Offers
Welcome Bonus
Customers who open a new CIBC Smart Chequing account can earn up to $400:
- Earn $400: Open a CIBC Smart Chequing account, set up ongoing monthly direct deposits totaling $500 or more, and complete 1 of the 3 requirements listed below in the same calendar month:
Account Features
The CIBC Smart Chequing account offers unlimited debit and unlimited Interac e-Transfer transactions, however, the number of transactions you make in a month will impact the annual fee you pay.
Fees
Monthly Fees
The CIBC Smart Chequing account has a monthly fee that ranges from $6.95 to $16.95, depending on the number of transactions in a month:
- $6.95 per month: Up to 12 transactions
- Additional transactions above 12 cost $1.25 per, up to 20 total transactions
- $16.95 per month: Unlimited transactions
The monthly fee is waived if you hold a minimum balance of $4,000 in your CIBC bank account at all times.