1 The annual percentage yield (APY) is accurate as of April 15, 2026. This is a variable rate account and the interest rate and APY can change at any time without notice. The minimum opening deposit is $1,000 but cannot exceed $250,000. As of February 18, 2026, deposits that would bring the total balance in your Account to more than $1,000,000 are not permitted. We reserve the right to refuse or return additional deposits that would cause your balance to exceed this $1,000,000 limit. Business days and effective dates of deposit are defined in the Consumer Deposit Account Agreement.
The minimum balance to obtain the APY is $0.01. Fees or withdrawals will reduce earnings. Offer is subject to change, and may be withdrawn, at any time without notice.
This account is available online only.
Withdrawals can be made by:
- External transfer to an account owned by you at another U.S. financial institution. Transfer limitations apply. External transfers using CIBC US Online Banking will not be available for the first 30 days from the date an Account is opened.
- Written request for a check to be issued to all holders of the Account.
- Internal transfer to another account at CIBC (only for existing account holders of CIBCBank USA).
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2 The Annual Percentage Yield (APY) is accurate as of May 20, 2026. The 4.15% APY is available for an 18 month Certificate of Deposit. The minimum deposit to open the account and the minimum balance to obtain the advertised APY is $1,000. The opening deposit cannot exceed $5,000,000. We may impose a 30-day simple interest penalty if you withdraw any or all of your principal balance before maturity. Fees could reduce earnings on the account. Offer is subject to change and may be withdrawn at any time without notice.
This account is available online only. To be eligible for an account, all applicants must have a current U.S. home address (includes Puerto Rico, but excludes other U.S. Territories).
3 To qualify for the $200 bonus, you must open the Account with a minimum balance of $50 andmeet the following requirements within 120 days of opening the Account (the “QualifyingPeriod”):
- Make qualifying direct deposit(s) totaling $500.00 or more each month into your account for three (3) consecutive calendar months after the calendar month your account was opened. A qualifying direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit. Transfers made from one Account to another, mobile deposits, Zelle®, external transfers from another financial institution or deposits made at a branch or ATM are not considered a qualifying direct deposit; and
- Elect to receive electronic statements through CIBC US Digital Banking during the Qualifying Period
If these conditions are met, the $200 bonus will be credited to your Account within 30 days after the end of the Qualifying Period. The Account must remain open on the date we credit the bonus to your Account in order 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 Account.
Only one consumer checking account bonus is permitted per person regardless of the number of Accounts that are opened at CIBC Bank USA. This offer is subject to change and may be withdrawn at any time without notice. Accounts converted from other types of checking accounts at CIBC Bank USA are ineligible for this bonus.
The myChoice Prestige Checking Account is a variable rate account. At our discretion, we may change the interest rate and Annual Percentage Yield (APY) at any time without notice after the account is opened. The APY on the myChoice Prestige Checking Account is 0.10%. A minimum balance of $10,000 is required to obtain the APY for the myChoice Prestige Checking Account. The APY is accurate as of May 12, 2026. Fees or withdrawals will reduce earnings. There is no minimum balance required to qualify for the bonus for the myChoice Prestige and iCan checking accounts.
4 Non-CIBC ATM fees charged to your account are reimbursed up to $50 for iCan Checking and myChoice Prestige Checking Account holders, after the fee is charged.
5 A dormant account fee of $5.00 per month, maximum $60 annually, may be charged if there has been no customer contact or transaction activity on your checking account for 24 months. For a complete listing of fees, please refer to the Fee Schedule for Consumer Accounts.