CIBC's MyChoice Checking offers two interest-bearing checking accounts, myChoice Plus Checking and myChoice Prestige Checking. The latter requires a minimum balance of $10,000 to earn interest on a tier base. However, customers only need a balance of $0.01 to earn interest with myChoice Plus.
CIBC also offers a regular savings account, iCan Checking, that earns cash back on up to $20.
All CIBC checking accounts require a $50 deposit to open and offer up to $50 in ATM refunds.
Customers in select states can open an account online, however, some customers must go directly to a CIBC branch to open.