1 Offer is valid on new CIBC Edge Checking Accounts. The CIBC Edge Checking Account is a tiered, 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. You must maintain the minimum balance needed for each tier to earn the APY disclosed. As of May 17, 2016, the APYs for this account are: $0-$24,999.99 at 0.01% APY; $25,000.00-$99,999.99 at 0.05% APY; $100,000+ at 0.10% APY. Fees or withdrawals will reduce earnings.
To qualify for the bonus, at least two payroll direct deposits or at least two ACH credit or debit transactions, not including any ACH transactions to initially fund the account, must post to the account within 90 days after the account is opened. The bonus will be credited to a qualifying account by the Payment Date. “Payment Date” means 100 days after account opening. The minimum balance to open the account and obtain the bonus is $50. Bonus is considered interest and will be reported to the IRS. Consult your tax advisor regarding specific tax considerations for your accounts. Only one CIBC Edge Checking Account bonus is permitted per individual household (all individuals with the same address) regardless of the number of accounts that are opened.
2 The primary account owner must be employed at a company participating in the CIBC Banking Edge program at the time the account is opened.
3 Foreign ATM fees that CIBC charges for transactions at ATMs not owned or operated by CIBC (non-proprietary ATMs) are refunded for this account up to $50.00 per monthly statement cycle. The owner or operator of a non-proprietary ATM may also charge a surcharge for using that ATM.
4 Message and data rates may apply. You must be enrolled in CIBC NetBanking and have a supported mobile banking device to use mobile banking and the mobile banking remote deposit feature. Please see Mobile Banking Terms and Conditions for further information.
5 Email is not a secure method of communication and should not be used to send personal or financial information.