Attention Fellow Savers!
CIBC is offering a promotional interest rate of up to 4.60% for the first 120 days for new customers opening an eAdvantage Savings Account.
We’re going to slap two warning labels on this attractive offer:
- the rate consists of (a) a regular interest rate, which depends on your account balance, (b) a “smart interest rate”, which requires a minimum monthly saving, and (c) a bonus rate, which corresponds to your account balance; and
- there are no free transactions (with limited exceptions for transfers to other CIBC accounts) so this offer may be best suited for those of you who already have a CIBC account.
Like all promotional offers, this one could be changed or pulled at anytime.
Wondering how to evaluate a promotional offer? Check out our recent article.
For more details, click here
To see our entire list of recommended high interest savings accounts and promotional offers, click here.