How to Open a CIBC Account: A Comprehensive Guide

This article will guide you through the various options available for opening a CIBC account. We will dissect three different methods: online banking, mobile app, and call customer service. Thus, allowing you to determine the most convenient way to open your account.

Option 1: Online Banking

Opening a CIBC account through online banking is convenient and efficient, removing the need to visit a physical branch or wait on hold over the phone.

Step 1: Website Navigation

The first step is to navigate to the CIBC website (https://www.cibc.com) from your desktop or laptop computer. From the homepage, click on ‘Bank Accounts’ in the navigation menu to view the different types of accounts available.

Step 2: Choose the Right Account

Determine which account type suits your needs. CIBC offers various accounts, including chequing and savings accounts, student accounts, and senior accounts. Click on your chosen account for more information.

Step 3: Apply for Account

After reading about your chosen account's benefits, click on the 'Apply Now' button. You will need your Social Insurance Number and employment information, and you must be a Canadian resident who's at least the age of majority in your province.

Option 2: Mobile App

If you prefer doing banking on your phone, the CIBC Mobile Banking App is a great choice. It provides a straightforward, user-friendly process for setting up your new account.

Step 1: Download the App

The first step is to download the CIBC Mobile Banking® app from the Google Play Store or the Apple App Store. It is a free app, and its download and installation process are similar to other apps.

Step 2: Select a Bank Account

Once the app is installed, select 'Open an Account' on the main page and then 'Bank Accounts.' You will then be promoted to choose the bank account that aligns with your needs.

Step 3: Submit the Application

Fill in all the fields in the application form provided with your personal and work details. Double-check your details before submitting the application to avoid any potential delays or issues with your application.

Option 3: Call Customer Service

If you need assistance or prefer more personal interaction, you may want to open an account over the phone with CIBC’s customer service.

Step 1: Prepare Necessary Information

Before making the call, ensure you have all the necessary information, including your Social Insurance Number and employment information, at the ready.

Step 2: Call CIBC Customer Service

Call the customer service number (1-800-465-2422) and follow the prompts to speak with a representative about opening a bank account.

Step 3: Complete Your Application

The representative will guide you through the process and ask you for your details. Make sure to ask the representative any questions you might have about the accounts or process.

This summarises the various methods for opening a CIBC account. Choose the method that best suits you and begin enjoying the benefits of being a CIBC customer.