Monthly Fee
CA$16.95
Welcome Bonus
$125 cash reward
Apply Now →on CIBC's website
Transaction limit:18 transactions included monthly
Minimum Deposit:CA$0
Interest Rate:
N/A
Welcome Bonus: $125 cash reward
Earn a $125 cash reward when you complete 5 eligible Visa Debit purchases within the same calendar month.
Monthly Fee:
CA$16.95
Minimum Deposit:
CA$0
Transaction Limits:
18 transactions included monthly
This account is particularly appealing for those who frequently use their debit card, as it offers a cash reward for eligible purchases. The CIBC Chequing Account provides a blend of rewards and functionality, making it a solid choice for active users.
Pros:
- Cash rewards for usage
- No fee for Interac e-Transfer
Cons:
- Monthly fee
- Limited transactions included
In summary, the CIBC Chequing Account is well-suited for individuals who regularly use their debit cards and can benefit from the associated cash rewards, despite the monthly fee and lack of interest. Its combination of rewards and practical features makes it a strong option for active banking customers.