Skip to main content
Ratehub logo
Ratehub logo

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 started

CIBC savings accounts

Rates updated:

  • No Results
Viewing
with a balance of
  1. CIBC eAdvantage Savings Account

    5.75%0.90% after 120 days$125 first year return based on$5,000 balance
    Monthly fee
    $0.00
    Transaction fees
    $5.00
    E-transfer
    $5.00
  2. CIBC Tax Advantage Savings Account

    5.00%0.90% after $46 first year return based on$5,000 balance
    Monthly fee
    $0.00
    Transaction fees
    $0.00
    E-transfer
    $0.00
  3. CIBC RRSP Daily Interest Savings Account

    0.05%$3 first year return based on$5,000 balance
    Monthly fee
    $0.00
    Transaction fees
    $0.00
    E-transfer
    $0.00

A few things we're proud of

  • 1,200,000

    monthly users

  • 11 years

    young

  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions

The best savings accounts in Canada

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, Business Director of Everyday Banking

With over a decade of experience in the finance industry, Natasha works closely with Canada's top financial institutions - from banks to credit unions - to help Ratehub.ca's 1,200,000 monthly users get matched with the right banking products. read full bio

Making dollars make sense

explore more articles

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to Ratehub.ca’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.

About Ratehub.ca

Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, Ratehub.ca is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place.

Ratehub.ca has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does Ratehub.ca make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us