Annual Interest Rate0.10% for balances $3,000.00 and more / 0.05% for balances $2,999.99 and below
Minimum Balance0
Monthly Fees0
Additional Transactions1 free transaction per month
Own ATMNO ATM transaction fee
External ATM$2.00
Foreign ATM Fee$3.00 plus 2.5% administration fee (within the U.S.) / $5.00 plus 2.5% administration fee (outside Canada and the U.S.)
The CIBC Bonus Savings Account offers higher interest rate for higher balances. This account pays 0.10% interest rate for a minimum of $3,000 and higher and 0.05% interest rate for balances $2,999.99 and below. At $0 monthly fee, this account also offers 1 free transaction every month.