CIBC CIBC: Get $300.00 When You Open a CIBC Smart Account Get $300 When You Open a CIBC Smart Account!

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Free money is the best money, so take advantage of the latest bonus offer from CIBC, where you can get $300.00 if you open a Smart Account!

You can open an account online or at a CIBC branch and there are a few steps involved to receive your bonus.

  • Open a new CIBC Smart Account before June 30
  • Complete at least one recurring direct deposit within three months of opening the account
  • Complete at least two recurring pre-authorized payments within three months of opening the account

The CIBC Smart Account is a chequing account with a monthly fee that varies depending on your usage per month. Monthly fees range from $4.95 per month for up to 12 transactions, then $1.25 for each additional transaction up to a maximum of $14.95 per month for unlimited transactions -- click here to learn more about the Smart Account.

This offer is available to new or qualifying CIBC customers until June 30 -- click here to read the complete terms and conditions for this offer.

285 Comments

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    • I see no mention of how long the account must be open and whether a restriction for previous promotions.
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    • shows $150 on the webpage for me in ON
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    • Terms and conditions

      A transaction includes cheques, withdrawals, transfers, pre-authorized payments, bill payments (including CIBC Credit Cards and CIBC Personal Lines of Credit) and debit purchases. Transfers to CIBC-branded loans (excluding CIBC Personal Lines of Credit), mortgages and investments (registered and non-registered) are free. “CIBC-branded” means any brand that has CIBC in its name. Additional fee(s) apply to withdrawals from non-CIBC bank machines and transactions in foreign currency (including cheques written in currencies other than the account currency).

      * To qualify, open a CIBC Smart Account held at a participating CIBC banking centre located within the province of Alberta. Next, within 3 calendar months, set up and complete within the CIBC Smart Account at least one (1) eligible recurring direct deposit OR at least two (2) different eligible recurring pre-authorized debits within the same calendar month and get $300 within 12 to 16 weeks. Offer ends April 28, 2017, and is not open to persons who have or jointly hold a CIBC chequing account. This offer cannot be combined with any other offer, reward or rebate except the CIBC Homeowner® Banking Bundle or the CIBC Smart Account fee waiver. Other conditions apply; for full details, call us at 1-866-525-8622 or see the Terms and Conditions (PDF, 43 KB)

      1 Please see the Personal Account Service Fees brochure available at cibc.com or in-branch for a description of transactions that are included in the CIBC Smart™ Account monthly fee and everyday banking fees for other Personal Bank Accounts and Services.

      2 The additional $1.50 service fee has been removed for sending Interac e-Transfers®. Each Interac e-Transfer you send counts as a transaction for calculating your monthly fee.

      CIBC Smart™ Account is a trademark of CIBC. CIBC Cube Design and “Banking that fits your life.” are trademarks of CIBC.
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    • So to get free $300

      1) need a minimum balance of $3000 (to have the monthly fee waived)
      2) wait about 12-16 weeks according to t&c
      3) and wait 12 months to keep the account open
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    • bkushner wrote:
      Apr 12th, 2017 7:03 pm
      I see no mention of how long the account must be open and whether a restriction for previous promotions.
      I updated it in the post. 1-year as usual.
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    • Applied and accepted. Guess I keep 3000 in the account for a year.
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    • where do you see the condition to keep account open for 12 months?
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    • I already did this last year when they had the same offer. Any restrictions on me doing it again? I'm always on board for 10% ROI risk free.
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    • frozenmelon wrote:
      Apr 12th, 2017 11:40 pm
      I already did this last year when they had the same offer. Any restrictions on me doing it again? I'm always on board for 10% ROI risk free.
      I see no restriction
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    • They have a 4.95$ monthly fee option on this account. I may just do that.
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    • Saw this on my online banking sign-in, the account is $5.99 a month and apparently they'll give you $300 to make one direct deposit.

      Change the deposit account for say, your tax return, which is what I'm doing, and get another $300, cancel the account with no fees.
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    • Sorry my mistake it's 4.95 a month
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    • I see the account details but nothing about the $300. Any advert showing this?
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    • hansy24 wrote:
      Apr 27th, 2017 12:50 pm
      I see the account details but nothing about the $300. Any advert showing this?
      1493313118526-938343493.jpg
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    • Only for Alberta it says.
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    • Yeah that why I put (AB) in the title, seriously no one wants $300 in AB? You people scramble to save five dollars
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    • You can waive the monthly fee too:
      "Your monthly fee is completely waived when you keep a minimum daily balance of $3,000 and you make a recurring direct deposit or 2 pre-authorized payments each month."
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    • Epitaph85 wrote:
      Apr 27th, 2017 2:17 pm
      Yeah that why I put (AB) in the title, seriously no one wants $300 in AB? You people scramble to save five dollars
      They're all rich from the oil sands, lol.
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    • don't see a reason why not to jump on it.. Even if I pay $5/month for 12 months.. I'd still be getting $240 :D I would keep $3000 balance to save money.. but i'm already doing that at BMO (i don't even use it that much).. and only keeping that account because that's my oldest account.. does it really matter if i close my old bank account and move on? I heard somewhere once, having a old good standing account is good for credit rating, that's why i keep it.
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