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CIBC
eAdvantage Savings promo
On $10,000, you'd earn about
$114
over 90 days, before tax
How it works
- Promo rate
- 4.6%
- For
- 90 days from when you open the account
- Up to
- $1,000,000
- Who can get it
- Anyone who hasn't had this account before
- After the promo
- 0.3% to 0.6% depending on your balance
- Account types
- Non-registered
- Insured by
- CDIC, up to $100,000 per insured category
Conditions
- $5.00 transaction fee applies per transaction
- Free transfers between CIBC personal bank accounts
The catch: Rate drops to 0.30%–0.60% after 90 days, and non-transfer transactions cost $5 each.
From the bank's page7 quotes
- Rate“Get a special 4.60%† offer for 3 months when you open your first account. Limits apply.”
- Who can get it“The Offer is available to individuals who: (i) have reached the age of majority in their province or territory of residence, and (ii) as of the date the Eligible eSA is opened, are not a holder or have not held (either jointly or individually) a CIBC eAdvantage Savings Account, as determined by CIBC on the basis of its official records.”
- How long“Eligible eSAs will earn the Special Interest Rate on balances up to $1,000,000 for 90 days from the date the Eligible eSA is opened (the “Special Rate Period”).”
- Cap“Eligible eSAs will earn the Special Interest Rate on balances up to $1,000,000 for 90 days from the date the Eligible eSA is opened (the “Special Rate Period”).”
- Condition“Transactions3 $5.00 each”
- Condition“Transfer money for free between your CIBC personal bank accounts anywhere you bank with CIBC.”
- Rate after the promo“Once the Special Rate period is over, the regular rate structure will apply unless otherwise specified.”
Source: www.cibc.com
Compounded monthly, before tax. The bank calculates daily, so yours will differ slightly. Last checked Oct 9, 2026.