CIBC Bank USA :
Online Savings Account - 0.52% APY
• No maintenance fees,
• Minimum $1,000 deposit
• Interest is compounded and credited to your account on a monthly basis.
• Must maintain a daily balance of $.01 in order to earn the stated Annual Percentage Yield (APY).
• Fees or withdrawals will reduce earnings.
Fee and Feature Guide
| Savings Account | |
|---|---|
| Interest Rate | |
| APY | 0.52% |
| Minimum deposit amount | $0.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | $1,000.00 |
| Minimum Balance to Avoid Fees | $0.00 |
| Minimum Required Balance | $0.00 |
| Fees | |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | N/A |
| Incoming Wires | N/A |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
Customer Reviews for CIBC Bank USA (17)
jazyGirl
December 11, 2020 |
I did not like the rate drop yesterday fellas. This went from great to good to average to poor in no time!
Is this review helpful? Yes:0 / No: 0
CPI34
October 23, 2020 |
I was moderately annoyed that I could not indicate online that I did not want my CD to roll-over at maturity, and then more annoyed when they ask why I wasn't renewing (the renewal rate is below their online savings rate).
Is this review helpful? Yes:0 / No: 0
Lulu
October 18, 2020 |
Phone rep in Canada made a racist remark on the phone. Acceptable there perhaps, not here.
Is this review helpful? Yes:0 / No: 0
ABZie
October 15, 2020 |
Uses same standard Netellier interface as lots of other banks, except somehow they manage to mess it up. Impossible to indicate preferences for maturing CDs without sending an email. Impossible to remove a corresponding account without calling. Etc., etc.
Is this review helpful? Yes:0 / No: 0
Jenni
September 28, 2020 |
I am not sure that I really want to write this here because I know I will probably want to take it back later, but I've been tracking the rates for several months and CIBC has been slower to cut their rates and then seems to cut them less to the bone. I know some rates are now higher, but among the names I recognize this is now the highest. I also find the people helpful when I call.
Is this review helpful? Yes:0 / No: 0
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