CIBC Smart® Account Important Changes | CIBC | Discussion forum

Important Changes to your CIBC Smart® Account: Including the introduction of CIBC Smart Benefits,

At CIBC, we value the relationship we have with you. That’s why we’re introducing CIBC Smart Benefits – a new program that gives eligible CIBC Smart® Account clients more choice in how they benefit from banking with us.

Starting in Dec‍ember 2026, if you have a CIBC Smart Account and a fee-based credit card¹, the annual credit card fee rebate will be changing and you’ll be able to choose from a selection of benefits based on your banking relationship with us.

Choose from benefits tailored to your tier

You’ll be able to choose from options such as lower fees or select partner offers

You’ll have the opportunity to choose your benefits each year

How CIBC Smart Benefits works

Last November, we introduced three new tiers for your CIBC Smart Account based on the balances2 you hold with CIBC. This includes chequing accounts, savings accounts and eligible investments. CIBC Smart Benefits allows clients to choose from a selection of benefits aligned with your tier, and designed to provide more flexibility and value based on your individual needs.

Starting in Dece‍mber 2026, the annual benefit selection window opens. Your selected benefits, based on your current tier, will take effect on Jan‍uary 1, 2027 and will remain until the next benefit window opens.

Other upcoming changes to the Personal Account Service Fees

The CIBC Smart Account monthly account fee will go from $16.95 to $17.95 and will take effect on Jan‍uary 1, 2027. Other changes will take effect on Jan‍uary 16, 2027. For more details, sign into CIBC Online Banking or CIBC Mobile Banking and review the notice called “Important changes to the CIBC Smart Account, CIBC US$ Personal Account and to some banking fees, effective Jan‍uary 2027”, or visit cibc.com/AccountChanges.