Checking Account

CIBC US

CIBC US $200 iCan or myChoice Checking Bonus

$200bonus

Required Deposit

$500

Time to Complete

90 days

Min. Hold Period

90 days

Requirements

Direct Deposit Required

Set up recurring direct deposits to your account

Required Deposit: $500

Deposit required to qualify for bonus

Receive at least one direct deposit or ACH automated debit transaction and enroll in eStatements within 90 days of account opening.

Bonus Timeline

Bonus Posts Within100 days after meeting requirements
Keep Account Open90 days minimum
Monthly RequirementsReceive at least one direct deposit or ACH automated debit transaction and enroll in eStatements within 90 days of account opening.

Fine Print

Credit PullSoft Pull
ChexSystemsPulls Chex — Unknown
Household LimitOnly one bonus per person is allowed
New Customers OnlyYes — no account in last 12 months

Fees & Terms

Monthly Fee$0.00
Early Termination Fee$25.00
Minimum Hold Period90 days

Details

Earn a $200 cash bonus when you open a new CIBC iCan or myChoice Prestige Checking account in a banking center with at least $500, receive one direct deposit or ACH transaction, and enroll in eStatements within 90 days. Bonus is paid 100 days after account opening if the account remains open.

Availability

IL
MI
MO
WI
CA
+1 more

Qualifying Direct Deposits

ACH pushes from these financial institutions have qualified as a direct deposit at CIBC US. Counts are community-confirmed data points.

Chase · 1
Venmo · 1

Last updated: March 3, 2026