Experience Worry-Free Banking with a CIBC Smart Account.
Worry-Free Banking with CIBC Smart Account.
We all work hard for our money and that feeling we get when we buy something we want is thrilling. That is why, when we spend it, we don’t want to worry about banking fees coming back to haunt us. It kind of defeats the purpose and can make that feeling quickly disappear!
I remember the days when I was younger and living with my parents; I would go on shopping sprees for clothes, make-up, shoes and don’t forget dining out! All of these purchases were made at different establishments and through separate transactions. I’d enjoy my purchases and then when my bank statement came, it felt like a punch to the gut. I had gone over my transaction allowance and my banking fees reflected that and were much higher than I expected.
Nowadays, my shopping sprees have changed with parenthood. I go for shopping sprees at the grocery store and for school clothes and supplies. Accounting for banking fees is a part of our budget and we definitely don’t need any surprises every month. Having the option to have a low fee, a capped fee or no fee at all is something we’ve all been waiting for.
One of the best things is when a bank listens to its customers. CIBC listened to client feedback and wants to make banking easier and more convenient. They know that Canadians are banking differently today and that we all have different needs.
By getting a new Smart™ Account with CIBC, your account will automatically adjust to your needs with lower fees. Especially when you have those months where you are banking less. The CIBC Smart Account monthly fee starts at just $4.95 for up to 12 transactions and caps at $14.95 for unlimited everyday banking transactions.
This means you don’t have to worry about having too many transactions and you can budget in the $14.95 or stay within your transactions for the $4.95. But, let’s be honest… There’s really nothing better than unlimited! This account includes Interac e-Transfers too. It is the first of its kind to offer unlimited Interac e-Transfers. Now, you don’t have to worry about sending money because of the associated fees.
BONUS: Earn $300 when you open a new account by June 30*.
If you want to waive the flexible monthly fee of $4.95 up to $14.95 altogether, all you have to do is maintain a minimum daily balance of $3,000 and have a recurring direct deposit or two pre-authorized payments each month.
Worry-Free in the Palm of Your Hand.
We live in a digital world and most of us have smartphones. In fact, I do a lot of my banking on it. Good news! You don’t even have to go into the bank to open this account. You can now open an account by using the CIBC Mobile Banking® App. All you have to do is choose “Open an Account,” follow a few easy steps and BOOM… You can enjoy the flexibility of your new CIBC Smart™ Account the same day.
2018 EDIT: The video is no longer available.
Check Out This Video!
You gotta love Percy, he is a cool cat, err.. penguin! By getting a CIBC Smart Account, you don’t have to worry about how much or how little you bank anymore. You will now only pay for what you use.
Did you know a recent CIBC poll found that that 61 percent of Canadians say they would send more Interac e-Transfers if there weren’t any extra fees? Plus, half of Canadians say they limited their account use because of the fees too. The best part, with your fees being capped at $14.95–you no longer have restrictions on debit transactions and Interac e-transfers!
So, even though I’m not as much of a frivolous spender as I used to be, I do have a lot of banking transactions every month. It’s nice to know that with a CIBC Smart Account, I have options and no scary monthly surprises!
Make sure you head over to CIBC to discover more information about opening your new CIBC Smart Account.
Have you ever had any fee suprises in your monthly statements?
Let me know, til then–cheers m’deres!
*Earn $300 when you open a new CIBC Smart™ Account before June 30 and complete a direct deposit or 2 pre-authorized payments within 3 months*.
Note: This post is sponsored by CIBC, all thoughts and opinions are honest and my own.
Nancy Polanco is a freelance journalist, lifestyle content creator, and editor of Whispered Inspirations. She is a proud Mom to Gabby and Michaela. Having worked as part of a health care team for almost a decade, Nancy is happy to be back to her passion. She is a contributor to the Huffington Post, TODAY’s Parents, and an Oprah Magazine Brand Ambassador.
Thanks for sharing all this informatiion,some great tips here.
My pleasure! 🙂
Yeah I switched when they offered the free $ and when I went to visit my son, I happen to talk to the reps in the airport and ended up getting a cc as well
That is awesome, glad it worked out for you!
No one likes scary surprises when it comes to your money! lol Everyone should get a worry-free banking account!
Definitely not, I do not like surprises!
This is a great account. I love banking with CIBC.
Thanks! I agree!
I have been banking with the same small town bank since I had my very first account a million years ago. I have not had any surprises with them 🙂
That is good to hear.
Ugh – I hate those hidden and surprise fees! This is an awesome sign up bonus though, and worth looking into!
I agree! Hope it works well for you!
Glad you found a banking solution that works for you. I have been banking with the company my mom worked for most her banking career. We have been with them for 23 years and luckily for us they have changed with the technology just like CIBC.
That is good to hear!
That is good to hear!
If there is one thing I hate, it is extra baking fees. I left a large bank and opted for a smaller one for this very reason.
No one likes big banking fees!
Great read. I have a friend who might actually like it because she has CIBC account. She said this bank is really good.
Feel free to pass it along, in case she does not know about it!
I’m stateside, so no CIBC for me. I’ve been with the same bank for only a few years. I switched when I moved and needed a bank with more convenient branch locations.
This sounds like an awesome option. Those crazy fees that can pop up unexpectedly with other banks are really annoying.
I completely agree!
I don’t think that I have ever gone over on my account that I remember. I try to make sure I have enough money before I go shopping.
It is mostly the banking fees that we are talking about. We get those surprises at the end of the month when we have gone over transactions. 🙂
I love a bank that listens to its customers. Sadly it is rare to find that nowadays.
It is refreshing when they get it right, that is for sure!
Great information, I am loving all the tips! Thank you for sharing.
nice to know that cibc looks after their clients. I dont really have much experience in banking as my husband do it for us.
I see, they really do look after their clients that is for sure.
What a great service from a bank, I wish all bank have services like this so customers will invest more and will not worry in the investment.
Never heard of CIBC but I would love to open an account if they will have one in the Philippines.
Hmm, that would be great.
I hate hidden fees and whenever I come across them I will call and dispute them. It is so frustrating!
They are definitely NO fun!
I did have a bank that gave me surprise fees all of the time. It was a real drag!
It can be!
This is the first time that I heard CIBC and sounds like I would love to open an account
I have never heard of this bank. I guess because I live in the USA. Will keep them in mind if I ever move to Canada.
I have been fortunate enough to have not been hit with hidden charges. But, I admit that I have also gone out of my way to avoid them!
Hmm, that is a great thing!
Great tips I’m alays suprised by all the hidden fees , it’s pretty frustrating
It sure can be!
Sounds like a good banking account option. We are not with CIBC but have been lucky so far with no surprise fees at the end of the month.
Thanks for sharing the information.I liked the video,cute!
My pleasure, thanks!
We just recently signed up wth CBIC and we are liking it so far!
That is great!