CIBC Smart™ for Students
CIBC Smart™ for Students
Account Details
Account Type:
Bank/Credit Union Name:
CIBC
Key Infos
Number of Monthly Transactions
Unlimited transactions
Number of Self-Serve Transactions
Unlimited transactions
Number of Cheque Transactions
Unlimited transactions
Number of Interac e-Transactions
Unlimited transactions
Monthly Fees
0
Additional Transactions
$0
Interac eTransfer
Free
Bank Draft Cost
$7.50
Withdrawal Fees
Own ATM Withdrawals
Free
Other ATM Withdrawals
$2.00 each plus transaction fee/ $5.00 each plus a 2.5% administration fee
US ATM Fee
$3.00 each plus a 2.5% administration fee
Interest rates
Purchase Interest Rate
0%
Electronic Statement
1
Mobile App
Yes
Online Banking
Yes
Telephone Banking
Yes
ABM
Yes
Pay no monthly fee for as long as you're a student, so you can save for things like textbooks and tuition. Get all the benefits of a student account as long as you're in school, plus for 6 months after you graduate. After that, your account converts to a regular CIBC Smart™ Account.
Earn up to $125† when you open your first chequing account with CIBC Smart for Students
Here’s how: Open your first CIBC Smart for Students. Then, within 2 months complete the following actions:
- Get $25 when you provide your email address and put money in your account
- Get $50 when you set up one ongoing direct deposit. Learn about direct deposits.
- Get $50 when you complete one of these 3 transactions within the same calendar month:
- 2 ongoing pre-authorized debits Learn about pre-authorized debits.
- 2 online bill payments of $50 or more each
- 5 Visa* Debit purchases
How do I qualify?
CIBC Smart for Students:
- You must be a Canadian resident. Learn about proof of enrollment. Opens a popup.
- If you're an international student, you'll qualify when you show us your proof of international student status. Learn about international student status. Opens a popup.
Graduating before age 25?
If you’ll graduate before turning 25, get unlimited everyday banking benefits and pay no monthly fee4 with CIBC Smart Start.
Other relevant CIBC Topics