Interest Account

It pays to keep your money with us

We appreciate your choosing CIBC Caribbean for your business banking. That’s why we offer chequing accounts that earns interest. It’s our way of saying thank you.

As a welcome bonus: no monthly service fee is applied for the first 3 months of operation

A minimum amount is required to open this account
If the balance falls below the minimum, a monthly service fee is applied on the last working day of the month(s) when this occurs

Benefits

Maximise your earnings by taking advantage of interest that increases as your balance grows
Interest is earned for every day that the account balance meets the minimum balance requirement
Calculated on each day’s final balance, interest will be credited on the last working day of each month
And it grows! The tiered interest rate structure gives you higher yields as your account balance rises

Features

Free deposits
Transfer surplus finds into this account from either your CIBC Caribbean Chequing Account or the CIBC Caribbean Unlimited Chequing Account. Just use Online Banking or an ATM
Free Online Banking. Online Banking lets you track accounts, transfer funds and pay bills with just a few clicks, at any hour of the day or night. Some transactions (e.g. wire transfers) will attract charges. (special conditions apply)
Get a free online statement with Online Banking
Prefer your statement mailed? For a small fee, we’ll do that too
Get a free mini-statement of the last 10 transactions through an ATM
Recurring payments*and transfers to pay bills and loans and to transfer funds between accounts can be easily arranged for you

*Conditions apply

Free banking at CIBC Caribbean ATMs is available only to businesses that fall into any one of the following categories:

Is a sole trader/proprietor
Has a business account where only one signatory to the account is required
Has a business account with more than one signatory and only one signature is required to perform transactions on the account
A charge is levied for withdrawals and inquiries done at non-CIBC Caribbean ATMs

Terms & Conditions

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Terms & Conditions for Business Accounts

Schedule of Charges

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