CIBC Bank Bonuses: $125, $200, $350 Chequing Promotions (Canada, CA, FL, IL, MI, MO & WI)

Take advantage of the latest CIBC Bank bonuses, promotions and offers here

Currently, you find CIBC Bank bonuses with top offers of $125, $200, $350 in promotional offers.

CIBC Bank Bonuses Review

CIBC Bank is a financial institution that was built upon the values of helping their customers achieve their financial dreams. With a wide assortment of products and services, you can be sure to find one that fits your needs!

I’ll review the current CIBC Bank bonuses below.

CIBC Bank $200 Checking Bonus (USA)

Earn a $200 bonus from CIBC Bank when you open a new checking account.

• What you’ll get: $200 Bonus
• Eligible account: Smart Account
• Availability: In branch only, branches are in CA, FL, IL, MI, MO & WI (Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly fee: None
• How to earn it:
  • Open a new CIBC iCan or myChoice Checking account with a minimum balance of $500 and meet the following account requirements within 90 days of opening the account:
    • (1) One direct deposit or ACH transaction must post to the account, excluding electronic bill payments made through CIBC NetBanking) and;
    • (2) Elect to receive eStatements through CIBC NetBanking.

(Limited time offer)

Fine Print

• The bonus will be credited to the account by the Payment Date.
• The “Payment Date” is 100 days after account opening.
• The account must remain open on the Payment Date to receive the bonus.
• Bonus is considered interest for income tax purposes and will be reported to the IRS.
• Any applicable taxes associated with the bonus are the responsibility of the account holder.
• Consult your tax adviser regarding specific tax considerations for your accounts.
• Only one CIBC iCan or CIBC myChoice Checking account bonus is permitted per person regardless of the number of accounts that are opened.
• The offer is subject to change and may be withdrawn at any time without notice.
• Accounts converted from other types of checking accounts and checking accounts opened online are ineligible for this bonus.

CIBC Bank $350 Checking Bonus (Canada)

Earn a $350 bonus from CIBC Bank when you open a new checking account.

• What you’ll get: $350 Bonus
• Eligible account: Smart Account
• Availability: Canada Only
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly fee: There are no monthly services for 3 months
• How to earn it:
  • Open a CIBC Smart Account
  • Set up ongoing monthly direct deposits totaling $500 or more.
  • And complete one of these 3 transactions within the same calendar month:
    • 2 ongoing pre-authorized debits
    • 2 online bill payments of $50 or more each
    • 5 Visa Debits

(Limited time offer)

Fine Print

• Cash reward offer begins on April 29, 2023, at 12:01 am ET. Offer available to Canadian residents who are age 25 and older for a CIBC Smart™ Account or have reached the age of majority for a CIBC Smart™ Plus Account, and from 2019 to the time of opening the account are not holders or joint holders of a CIBC chequing account, all as determined by CIBC in its sole discretion.
• To qualify for the $350 offer, open a CIBC Smart Account or CIBC Smart Plus Account and provide your email address.
• Within 2 months after the month of opening the account, complete at least 1 or more recurring direct deposits totalling at least $500 per month and 1 of the following 3 activities: (i) 2 different recurring pre-authorized debits within the same calendar month; (ii) 5 eligible Visa* Debit purchases within the same calendar month; or (iii) 2 online bill payments of at least $50 each within the same calendar month.
• The direct deposit and the pre-authorized debit must remain in effect for at least 1 year from after the month of opening the account.
• Eligibility of transactions will be determined by CIBC in its sole discretion.
• Offer cannot be combined with any other offer, reward, rebate or the CIBC Smart Start or Smart for Students benefit on the Smart Account unless otherwise indicated by CIBC.
• The cash reward will be deposited into your account within 7 months after the month that you opened the account.
• Other conditions apply

CIBC Bank $125 Checking Bonus (Canada)

Earn a $125 bonus from CIBC Bank when you open a new checking account.

• What you’ll get: $125 Bonus
• Eligible account: Smart Start Account
• Availability: Canada Only
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly fee: $0 until 25 years old
• How to earn it:
  • Open your first CIBC Smart Start.
  • 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.
  • Get $50 when you complete one of these 3 transactions within the same calendar month:
    • 2 ongoing pre-authorized debits
    • 2 online bill payments of $50 or more each
    • 5 Visa Debit purchases

(Limited time offer)

Fine Print

• Cash reward offer begins on April 29, 2023, at 12:01 am ET. Offer available to Canadian residents and international students enrolled in CIBC’s ISBO Deposit Program, who meet the eligibility requirements for the CIBC Smart™ Start or CIBC Smart™ for Students benefit, and from 2019 to the time of opening the account are not holders or joint holders of a CIBC chequing account, all as determined by CIBC in its sole discretion.
• To qualify for this offer, open a CIBC Smart™ Account with a CIBC Smart Start or CIBC Smart for Students benefit.
• Within 2 months after the month of opening the account, earn a cash reward when you complete the following actions: (i) get $25 when funds are deposited or transferred into your account and you provide your email address; (ii) get $50 for 1 recurring direct deposit; (iii) get $50 when you complete your choice of: (a) 2 different recurring pre-authorized debits within the same calendar month; or (b) 5 Visa Debit purchases within the same calendar month; or (c) 2 online bill payments of at least $50 each within the same calendar month.
• The direct deposit and the pre-authorized debit must remain in effect for at least 1 year from after the month of opening the account.
• Eligibility of transactions will be determined by CIBC in its sole discretion.
• Offer cannot be combined with any other offer, reward or rebate unless otherwise indicated by CIBC.
• The cash reward will be deposited into your account within 7 months (or 10 months for ISBO) after you have opened the account.
• Other conditions apply;

CIBC Bank $400 Savings Bonus (Expired)

Earn a $400 bonus from CIBC Bank when you open a new savings account.

• What you’ll get: $400 Bonus
• Eligible account: Agility Savings Account
• Availability: IL, MI, MO & WI (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly fee: There are no monthly services
• How to earn it:
  • Open a Agility Savings account
  • $200 bonus if you maintain a minimum daily balance between $25,000 and $49,999.99 for 120 days
  • $400 bonus if you maintain a minimum daily balance of at least $50,000 for 120 days

(Expires March 16, 2020)

Fine Print

• The account is subject to approval
• New money means funds not currently held within a CIBC Bank USA account
• Only one bonus is permitted per primary or secondary account holder
• Once you have qualified for a bonus, your bonus payment will be paid no later than 60 calendar days after you have completed all the requirements listed above
• Bonus is considered interest for income tax purposes and will be reported to the IRS. Consult your tax adviser regarding specific tax considerations for your accounts.
• Bonus offers are not eligible to you if you were the primary or secondary account holder of an Agility Savings account

Conclusion

If you live near an CIBC Bank location, you have the chance to earn savings bonuses. There are a vast array of promotions from CIBC Bank, that’s why we aim to provide the best and most up to date bank bonuses currently available!

While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

However, if you do not live in qualified states, definitely take a look at our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

Feel free to comment on this post with any questions you may have about CIBC Bank, their accounts they offer, or any experiences you have had!

Check back often for more CIBC Bank Bonuses, Promotions, or Offers!