Compare the best CIBC savings accounts
Want to open a CIBC savings account? Why not compare your options? Find the highest-earning savings accounts in Canada from multiple banks in seconds.
let's get startedCIBC savings accounts
Rates updated:
Viewing with a balance of
- Monthly fee
- $0.00
- Transaction fees
- $0.00
- E-transfer
- $0.00
Featured
- Monthly fee
- $0.00
- Transaction fees
- $5.00
- E-transfer
- $5.00
CIBC Tax Advantage Savings Account
- Monthly fee
- $0.00
- Transaction fees
- $0.00
- E-transfer
- $1.50
CIBC RRSP Daily Interest Savings Account
- Monthly fee
- $0.00
- Transaction fees
- $0.00
- E-transfer
- $0.00
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The best savings accounts in Canada
EQ Bank
1.65%Joining EQ Bank gets you $150**
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2.25%Enjoy a great interest rate with a High Interest Savings Account while maintaining the flexibility to make deposits and withdrawals
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2.25%Oaken Financial Savings Account
get this rateSaven Financial
2.85%High Interest Savings Account
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About CIBC
CIBC is one of the Big Five banks in Canada. CIBC has three business units: retail and business Banking, wealth management, and capital markets. As a CIBC client, you can access your account via online banking, CIBC’s mobile solutions, telephone banking, bank machines, and you can also visit one of CIBC’s 1,070 branches located within Canada.
Compare CIBC savings accounts
CIBC has a number of savings accounts tailored towards different needs. All accounts listed are insured by the CDIC.
CIBC eAdvantage Savings Account
The CIBC Tax Advantage Savings Account is a tax-free savings account that allows you to earn interest on your money immediately and make automatic deposits. You need to make a minimum investment of just $25 to open this account. The account also offers tax-free withdrawals, which can be made at any time.
CIBC Tax Advantage Savings Account
The CIBC Tax Advantage Savings Account is a tax-free savings account that allows you to earn interest on your money immediately and make automatic deposits. You need to make a minimum investment of just $25 to open this account. The account also offers tax-free withdrawals, which can be made at any time.
CIBC Advantage for Youth
This account is tailored to customers ages 0 to 18. CIBC Advantage for Youth savings account holders receive unlimited transactions and a relatively competitive interest rate compared to other youth account providers.
Other CIBC products
CIBC also offers credit cards, mortgages, personal loans, and investment products.
Get the best savings account
Banking with CIBC can be simple and convenient as it has more than 1,100 branches across Canada, and provides online, mobile, and telephone banking services. However, if you're looking for other premium interest rates, take a look at our savings account comparison tool which compares rates from banks across the country.
Natasha Macmillan, Senior Business Manager of Everyday Banking
Natasha is the Business Director of Everyday Banking at Ratehub.ca. With over a decade of business, strategy and execution experience in the financial services industry, Natasha has worked with numerous public and private enterprises across North America. Her passion for finance and education brought her to Ratehub.ca, where she works closely with Canada’s top financial institutions - from banks to credit unions - to help ensure our over 1,200,000 monthly users get matched with the right credit cards and personal financing accounts.
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