CIBC Personal Checking $200 Bonus

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CIBC Bank USA : Personal Checking

$200

3.9

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Go into a branch and open an iCan or MyChoice checking account with at least $500.
  2. Within 90 days of opening the account, make 1 direct deposit or ACH transaction to the account.
  3. During this same 90 day period, elect to receive eStatements through CIBC NetBanking.
  4. Bonus will be credited to the account within 100 days after account opening.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

No

Credit Pull?

Unknown

CIBC is offering a $200 welcome bonus when you open a new personal checking account and complete an ACH deposit. This is the first time we've seen an offer from CIBC U.S. so now might be a good time to jump on it if you're near a branch.

How To Earn The Bonus

The CIBC Personal Checking promotion requires you to optionally, set up direct deposits in order to earn the $200 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • ACH deposit excludes electronic bill payments made through CIBC NetBanking.
  • Accounts converted from other types of checking accounts and checking accounts opened online are ineligible for this bonus.

How does this personal checking offer from CIBC compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

PNC

Virtual Wallet®

Bonus
up to $400
Account Type
Personal Checking
Expires In
65 days
Requires
  • Direct Deposit

TD Bank

Beyond Checking

Bonus
$300
Account Type
Personal Checking
Expires In
249 days
Requires
  • Direct Deposit

U.S. Bank

U.S. Bank Smartly® Checking

Bonus
up to $700
Account Type
Personal Checking
Expires In
61 days
Requires
  • Direct Deposit
  • Min Balance (optional)

Why CIBC Bank USA?

iCan Checking

iCan Checking is a basic checking account that comes with $50 a month in refunds for non-CIBC ATM fees, and 1% cash back on debit card purchases (up to $20 each month).

Fees

iCan Checking does not charge a monthly maintenance fee.

myChoice Plus Checking

myChoice Plus Checking is an everyday checking account that allows you to deposit checks, transfer funds and access your account from anywhere. You'll also be refunded up to $25 each month for non-CIBC ATM fees.

Fees

myChoice Plus Checking does not charge a monthly maintenance fee.

myChoice Prestige Checking

The myChoice Prestige Checking Account lets you earn interest with a minimum balance of $10,000. You'll also be refunded up to $50 each in month for non-CIBC ATM fees.

Fees

myChoice Prestige Checking does not charge a monthly maintenance fee.

Share Your Thoughts or Questions

There have been 1 comment about the CIBC Personal Checking $200 Bonus.

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JAMON

November 16, 2023

I tried to apply, but one needs to open in person.

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