CIBC · Chequing
$16.95 a month with unlimited transactions, waived if you keep $4,000 in the account.
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- $16.95
- Fee waived with a balance of
- $4,000
- How the waiver works
- Fee rebated with an end-of-day balance of $4,000 each day of the month in one CIBC Smart Account. $0 for youth and students under 25, students 25 and up, seniors 65+, newcomers, foreign workers, RDSP beneficiaries and Disability Tax Credit recipients. Tier 2 ($40,000+) and Tier 3 ($100,000+) relationship balances rebate the fee automatically.
- NSF fee
- $10.00
- Overdraft protection, monthly
- $5.00
What is included
- Transactions each month
- Unlimited transactions
- Interac e-Transfers
- Included with no separate fee
- ATM network
- CIBC, Interac
- ATM outside the network
- $2.00
Who can open it
- Free for youth
- Yes
- Free for students
- Yes
- Senior discount
- $16.95 a month
- Free months for newcomers
- 24
Current offer
- Welcome bonus
- $850
- What it requires
- Bundle to earn up to $850 by opening a CIBC Smart Account and adding the CIBC Dividend Visa Infinite Card; qualifying actions apply. CIBC does not publish an end date on the account page.
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.cibc.com
- Fees and terms
- Published fee schedule
Notes
Single flagship account with three relationship tiers; Tier 1 rebates one non-CIBC ATM withdrawal per month, Tiers 2 and 3 rebate unlimited non-CIBC ATM withdrawals in Canada, the U.S. and internationally.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.