ways to bank
At CIBC, you can do your banking....
overdraft protection
With overdraft protection, when you write a cheque for more than what is in your chequing account, it is processed and you are left with a negative balance. This prevents you from having to pay a fee for cheques that bounce back.
- Minimum limit of $100, maximum of $5000
- Interest charged on outstanding balance
- Pay per use - $5.00 for each day account is overdrawn - Choose this option if it's a just-in-case measure
- Monthly fee - $4.00/month - Choose this option if you think your account will be overdrawn frequently
cibc creditsmart
- Automatically tracks your spending (using a CIBC credit card)
- Allows you to compare spending from month to month
- Set budgets for spending categories
- Notifications if you exceed your budgeted amount or if you're approaching your credit limit
creditdefend
![Picture](/uploads/3/0/8/4/30844457/610063195.jpg?171)
- Monitors credit report data and alerts you to changes (address change, credit report requests, name changes, new debt obligations, and new bankruptcies) to ensure that your identity hasn't been stolen, protecting your credit rating
- Sends you credit reports and your credit score on a quarterly basis
- $17.99/month
safety deposit boxes
CIBC's safety deposit boxes can be used to store your valuables, cash, or anything else that fits inside! The rental fees are always paid beforehand. It costs $15.00 to replace a lost key, and $100.00 to drill the box and replace the key.
Size and Price
Size and Price
- 1.5" x 5" x 24" - $50.00/year
- 2.5" x 5" x 24" - $65.00/year
- 3.25" x 5" x 24" - $65.o0/year
- 2.5" x 10.38" x 24" - $125.00/year
- 5" x 5" x 24" - $125.00/year
- 5" x 10.38" x 24" - $250.00/year
- 10" x 10.38" x 24" - $300.00/year