Canadian High Interest Savings Bank Accounts - Forum: CIBC

bhuc on CIBC Smart® Account Important Changes

Sun, 08 Nov 2026 03:44:01 -0700

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.

smayer97 on CIBC online banking with external accounts

Sat, 24 Oct 2026 07:55:14 -0700

And it bypasses certain limits too.

AltaRed on CIBC online banking with external accounts

Sat, 24 Oct 2026 00:30:50 -0700

smayer97 said
Of course, requires an investing and bank account at the same receiving institution.

That is the way I do it between BMO and BNS which ends up actually being slightly faster overall than using EQ Bank push-pull between the two bank accounts.

smayer97 on CIBC online banking with external accounts

Fri, 23 Oct 2026 21:15:12 -0700

This all suggests that one way to transfer from a standard bank another is to send money to your Investing account at that other bank, then transfer the funds from the Investing account to the bank account at the same bank, e.g. CIBC -> BMOIL account, then to BMO bank account.

Of course, requires an investing and bank account at the same receiving institution.

Norman1 on CIBC online banking with external accounts

Fri, 23 Oct 2026 08:07:29 -0700

An external bank account is not a biller that can receive bill payment remittances. There is a process to set up such a biller, to have other financial institutions agree to accept payments for the biller, and to route the payments to particular bank accounts.

That process is for business banking clients, not for personal banking clients.

BMO InvestorLine offers something close. One can bill pay the BMO InvestorLine brokerage account. Overnight, the net cash balance of the brokerage account is swept to the associated BMO AccountLink chequing account.

AltaRed on CIBC online banking with external accounts

Fri, 23 Oct 2026 06:09:06 -0700

AFAIK, you cannot add an external 'bank account' as a Bill Payee from any of the big banks. You can add third party brokerage accounts as a Bill Payee and you can, of course, pay off credit card balances that way.

Perhaps the rep was talking about Interac e-transfers?

Fritz23 on CIBC online banking with external accounts

Fri, 23 Oct 2026 05:39:52 -0700

I just talked the a CIBC rep. She explained me I can do a withdrawal from a CIBC account to another bank by adding the external bank as a "payee" each time in a transfer?
... maybe I misunderstood?
Could I pull funds in the same way (from the CIBC side)?
Finally, does linking from Tangerine or EQ working fine with CIBC accounts?
Thank you for sharing you experience.

Alexandra on CIBC Exclusive Offer: Earn up to 5%

Wed, 05 Aug 2026 01:52:05 -0700

Just checked my e-advantage CIBC account and indeed I did receive the bonus interest of 4.7%. It was paid on 31 July but didn't show up in my account until today.

So, guess I'll be receiving interest until around 22Oct26.

Alexandra on CIBC Exclusive Offer: Earn up to 5%

Wed, 22 Jul 2026 05:37:32 -0700

I deposited the funds this morning into CIBC. Then e-mailed CSR. He answered back with:

"Sounds good, I'll submit form on my end"

Keep ya all posted!!

anitavirginia on CIBC Exclusive Offer: Earn up to 5%

Wed, 22 Jul 2026 03:29:13 -0700

Good Luck,
My experience is the back office is the one to okay the offer, not the advisor.
My advisor sent me the offer by email.
But when he sent it to the back office, they declined.

I hope yours gets approved without trouble.
fingers crossed.

Alexandra on CIBC Exclusive Offer: Earn up to 5%

Wed, 22 Jul 2026 02:34:29 -0700

My CSR says I qualify for the 4.7% for funds deposited into e-advantage account.
He said to let him know when I deposit the funds then he will activate the offer. As I said before I did take advantage of their last offer like this a few months ago.

I'm going to CIBC this morning (not the branch where my CSR is), to deposit funds.
When I get home, I'll "notify" CSR that the funds are now deposited. We'll see how it plays out. I'll know for sure around the 3rd of August when interest shows up in account.

I almost didn't bother doing this as too much jumping hoops involved getting anything out of CIBC or RBC. If this doesn't go through for some reason, I'll never again attempt to take advantage of these personalized e-mail offers.

anitavirginia on CIBC Exclusive Offer: Earn up to 5%

Fri, 17 Jul 2026 08:40:23 -0700

both were emails from advisor
and further to this, the following is a comment from the advisor's supervisor.

"If the client utilized previous eSA offers within the last 12 months, only the new funds above those previous balances would be eligible for the current offer"

Alexandra on CIBC Exclusive Offer: Earn up to 5%

Fri, 17 Jul 2026 03:24:56 -0700

anitavirginia said
Unfortunately our pricing department is not approving the higher rate for the entire amount. ....... The reason is, because funds recently left CIBC, and was subject to the higher interest offer recently, it is not being approved this time around. We have been informed that if funds left CIBC in the last 12 months and that fund is returning, then it will not be considered for this offer.

If anyone is getting this offer in full, after participating in last offer, I would appreciate details.Thanks.
Maybe they are just picking on me.

Was your original offer e-mailed to you from CIBC, when you went into your account on line or did you receive a personal offer from you CSR?

I am intending on asking my CSR about the offer this coming Monday.

anitavirginia on CIBC Exclusive Offer: Earn up to 5%

Fri, 17 Jul 2026 02:09:08 -0700

Unfortunately our pricing department is not approving the higher rate for the entire amount. ....... The reason is, because funds recently left CIBC, and was subject to the higher interest offer recently, it is not being approved this time around. We have been informed that if funds left CIBC in the last 12 months and that fund is returning, then it will not be considered for this offer.

If anyone is getting this offer in full, after participating in last offer, I would appreciate details.Thanks.
Maybe they are just picking on me.

anitavirginia on CIBC Exclusive Offer: Earn up to 5%

Fri, 17 Jul 2026 01:57:44 -0700

The back office did not approve the 5% for the total amount I wanted to deposit.
I told them I wanted to deposit a certain amount that would qualify for the 5%.
They said that they could only offer me , as it worked out, only 7% of what I wanted to invest.
Beware