Opening a Savings Account with CIBC: An All-Inclusive Guide

Looking to open a savings account with the Canadian Imperial Bank of Commerce (CIBC)? This is your comprehensive guide to understand the various ways you can create an account, either through online banking, the mobile app, or by calling customer service.

Opening a Savings Account Through Online Banking

Opening a savings account with CIBC via online banking is easy and convenient. Here are the steps you need to follow:

• Visit the CIBC’s official website: www.cibc.com.
• On the homepage, hover over the “Bank Accounts” section and click on “Savings Accounts”.
• Choose the type of savings account that suits your needs.
• Click on “Apply Now” to begin the application process.
• Complete the application form by inputting your personal and financial information. This includes name, contact details, Social Insurance Number (SIN), and employment details.
• Review your application thoroughly before submission.
• Once you submit, wait for a confirmation email from CIBC.

Opening a Savings Account Through the Mobile App

If you prefer on-the-go banking, you can also open a savings account using CIBC's mobile app. The steps include:

• Download the official CIBC Mobile Banking App from your device's app store. It's available for both Android and iOS users.
• Once installed, open the app and select “Open an Account” from the main menu.
• Choose the type of savings account you’re interested in.
• Complete the application form by providing the required details.
• Review your application for any mistakes before submitting.
• Wait for a confirmation via text or email.

Opening a Savings Account By Calling Customer Service

If you'd rather speak directly with a representative, you have the option of opening a CIBC savings account by calling the customer service. Here's the process:

• Dial CIBC's customer service number: 1-800-465-2422.
• Choose the option for “New Account Opening”.
• Speak with the representative and provide your personal information as requested.
• The representative will guide you through the process and help you choose the right savings account depending on your needs.
• You might have to provide further financial information for verification.
• Once set up, the representative will confirm all details with you.

Remember, regardless of your preferred method, it is crucial to have your necessary information on hand to streamline the account opening process. This includes valid ID, proof of address, Social Insurance Number (SIN), and your employment and income details.

Opening a savings account with CIBC can be a simple and hassle-free process when you know what to do. Armed with this guide, you are now ready to take the next step on your financial journey with a CIBC savings account.