CIBC Canada has a great offer on right now for anyone looking to open up a new bank account. Simply open up a qualifying CIBC account and you could receive up to $300 in cash back bonuses! To get your cash bonus:
- Open a CIBC Unlimited Chequing Account OR a CIBC Premier Service Account
- Pay a bill, send an INTERAC e-Transfer using CIBC Mobile or Online Banking, or deposit a cheque using CIBC eDeposit on Mobile Banking and receive $100 cash in your account
- Complete a direct deposit OR 2 pre-authorized debits to receive an additional $200 cash in your account.
You must keep your account open for 1 year, or CIBC will charge the money back. This Offer is only offered to residents of Canada who: (i) have reached the age of majority; and; (ii) at the beginning of the Offer Period, were not a holder (or joint holder) of a CIBC chequing account, as determined by CIBC at its sole discretion on the basis of its official records. CIBC employees and retired employees are not eligible for the Offer. This offer expires July 17, 2015.
Click here to view more about this deal from CBIC Canada.
$13.95/ month fee for the checking account.
And the $13.95/mo fee cannot be waived with a minimum balance so including tax that would be about $190 in account fees for the 12 months. So you get $110 net cash back after all the hassles.
I work at CIBC, no tax it is $13.95 X 12