CIBC $400 Bonus Plus 1.85% APY
Update 3/16/2020: Rate has been lowered to 1.45% APY.
CIBC (Canadian Imperial Bank of Commerce) has a new offer that can earn you up to $400 plus an interest rate of 1.85%. The offer is for the online Agility Savings Account and it is available nationwide. You must open the account by March 16, 2020.
Here’s how this offer works:
- Open a new CIBC Agility Savings Account by March 16, 2020, and make your deposit within 15 days of opening your account.
- Earn $200 when you deposit at least $25,000 OR
- Earn $400 when you deposit at least $50,000
- Sign up for online eStatements within 15 days of opening your account, available through CIBC US Online Banking.
- Keep the money in your account for 120 days.
- You’ll get the bonus payment at least 60 days after the promotional period, as long as your account has remained open and has maintained the daily balance requirement.
- Your account’s daily balance must be at least $25,000/$50,000 for 120 days from the last day of the initial funding period in order to qualify for the promotional cash bonus.
- The Agility Savings Account is a high-interest online savings account offered by CIBC Bank USA.
- Your accounts are FDIC insured up to the applicable limits.
- You can only make up to 6 transfers or withdrawals by pre-authorized, automatic or telephone transfer to another account of yours or to a third party during each calendar month or 4-week statement cycle.
- Offer available nationwide
- This promotion is only for new Agility clients. If you have or have had an Agility Savings account on or after May 1, 2018, you will not be eligible for this promotion.
- If you had or have Agility CD(s), you are eligible for this promotion if you’re opening your first Agility Savings account with new money.
This account has no monthly fee.
If you have either $25K or $50K, then this can be a good opportunity to earn one of the best rates available and a bonus of up to $400. You need to keep the money in the account for 120 days to receive the bonus. Simple Finance and CIT Bank bonus have similar bonuses.
You can open the account online and the offer is available nationwide.
If this bonus is not for you, then you can check our full list of available bank bonuses. Also check high yield accounts here. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
- Promo Page
- Bonus: $400/$200
- Account Type: Agility Savings Account
- Availability: Nationwide
- Expiration Date: 03/16/2020
- Inquiry Type: Soft pull
- Direct Deposit Requirement: No
- Other Requirements: $50K/$25K balance for 120 days
- Monthly Fee: No
- Closing Account Fee: No