How To Make Savings Account Cibc

how to make savings account cibc

Maximizing Your Savings with CIBC: A Comprehensive Guide

The choice to conserve should not be an afterthought, but rather a deliberate and strategic action. The Canadian Imperial Bank of Commerce (CIBC), one of Canada's big five banks, offers incredible opportunities to aid in your saving journey. This article will discuss the various options available for making a savings account with CIBC via online banking, their mobile app, and by calling customer service.

Option 1: Online Banking

The CIBC online platform provides an easy and convenient way to create a savings account. This modern banking method presents customers a hassle-free service at the comfort of their homes. Below is a step-by-step guide on how to get started:

  • Visit the official CIBC website and click on the 'Register' button to create your account.
  • Input your card number and other relevant registration details. Make sure they're correct to ensure a smooth process.
  • Once inside your account, select ‘Open an account’ from the account toolbar.
  • Follow the prompts, provide the necessary personal information, then select ‘Savings Account’.

Option 2: Mobile App

Technology has enhanced banking flexibility, and CIBC takes advantage of this innovation via the CIBC Mobile Banking App. It offers a personalized, intuitive, and secure platform that simplifies opening a savings account. Here’s how you can do it:

  • Download the CIBC Mobile Banking App from Google Play or App Store.
  • Log in to the app using your online banking credentials.
  • Within the app, navigate to the 'More' section and select 'Open an Account'.
  • Choose the type of savings account you prefer, complete the setup process by filling in your information and accept the terms and conditions.

Option 3: Call Customer Service

If online banking or mobile apps don't suit your preference, there's an option to explore—the traditional yet highly reliable customer service over the phone. Here's a simple guide on how to proceed with this method:

  • Dial the CIBC Customer Service hotline, which is 1-800-465-2422 for English speakers and 1-800-931-5626 for French speakers. There are other numbers too for hearing impaired clients and international calls.
  • Wait for the prompt and choose the option for 'New Account Setup' or similar.
  • A customer service representative will guide you through the process. Be sure to have your identification details ready for this process.

Regardless of the option you choose, opening a savings account with CIBC puts your financial future in reliable hands. This landmark decision will allow you to enjoy competitive interest rates, easy account management, and a proven security infrastructure. Happy saving!