Special contest: Youth between the ages of 14 and 18 have a chance to win up to $10,000.†† Learn more about the My Money, My Future challenge Opens in a new window..

Get your child started with a savings account that has the benefits of an unlimited chequing account

Special offer

Get $25

when your child opens their first account

Here’s how it works:

  1. Open a new CIBC Advantage for Youth account.
  2. Provide a valid email address.

Once these steps are completed, $25 will be deposited into your child’s account within 2 months.

Enjoy unlimited banking

Get unlimited transactions for no monthly fee1

Access the account digitally

It's easy for your child to access their account from anywhere and at any time with CIBC Online Banking® and CIBC Mobile Banking®

Grow your child’s savings

Help your child grow their savings with a competitive interest rate that's calculated daily and paid out monthly.

Help manage their budgets

Parents can easily set up recurring transfers to regularly pay for their child’s allowance.

SPC logo.

Get a free SPC membership

Save money in-store and online with over 450 deals from top brands. Plus, get exclusive access to SPC+.

CIBC Advantage for Youth at a glance

How does my child qualify?

Help your child save for a bright future

Save for tomorrow

Save, spend and track with ease

Bank your way

Plan for the next step

A man waters a sprouting tree


How to