CIBC Bank Account Signup Bonus & Referral (2026)
Bonus Overview
- Must be an existing CIBC customer
- Referred friend must open a qualifying account
- New customer must maintain account for 6 months
- Complete qualifying transactions
Click to activate your referral bonus
Refer a friend to open a CIBC bank account and both receive a cash bonus. Get rewarded for helping others discover CIBC's banking services.
How to Get the Bonus
- Must be an existing CIBC customer
- Referred friend must open a qualifying account
- New customer must maintain account for 6 months
- Complete qualifying transactions
Who This Bonus Is For
- Friends or family looking to switch banks
- New Canadian residents needing banking services
- Students setting up their first bank account
- Anyone seeking competitive banking features
Pros
- Generous cash bonus for both parties
- Multiple account types qualify
- Easy online application process
- Access to full CIBC banking ecosystem
Cons
- 6-month minimum account maintenance required
- Monthly fees may apply depending on account type
- Bonus paid only after requirements are met
- Limited to personal banking accounts
Best Use Cases
Friends or family looking to switch banks
New Canadian residents needing banking services
Students setting up their first bank account
Anyone seeking competitive banking features
Frequently Asked Questions
Which CIBC accounts qualify for the referral bonus?
Most personal chequing and savings accounts qualify, including Smart Account, Smart Plus Account, and eAdvantage accounts. Check the referral program terms for specific eligible accounts.
When will I receive my referral bonus?
The bonus is typically deposited within 30 days after your referred friend meets all the qualifying criteria, including the 6-month account maintenance period.
Is there a limit to how many people I can refer?
CIBC typically allows multiple referrals per year, but there may be annual limits. Check current program terms for specific details.
Can business accounts be referred?
The referral program is primarily for personal banking accounts. Business banking may have separate referral offers.