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, and wife to Darasak. 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.