CIBC Student Banking Services
Student Savings
Students can use the website to learn more about savings and learn the steps to effective saving.
Students who need to learn about savings and plan a saving plan will benefit from this service.
Scholarships
CIBC offers scholarships for many colleges that can be awarded to students for various reasons.
Free of charge
This would benefit any students who cannot afford to pay for college tuition.
Student Loans
Students can take out funds to pay for educational fees, the difference student loans have from line of credits are that you have to take a loan out every time whereas with a line of credit, you can access them at any time.
Any amount you take out has to be payed back
Students who need to pay for educational fees but cannot afford it at the current time will benefit from student loans.
Student Investing
An online investing platform where you build your own portfolio. Using this platform, you can make smart investment decisions that will benefit you.
$25 a week to invest
Students who are looking to invest their money early so they have funds if their main income is cut off or anything of that sort will benefit from this service.
Student Credit Card
You can apply for a student credit card if you are currently a post-secondary student, you're a Canadian resident and you haven't declared bankruptcy in the last 7 years.
No fees
Students would benefit from a student credit card as they would have a way to pay for educational fees without having to immediately paying back.
Student Line of Credit
Access to funds while attending a Canadian university or college to cover tuition, textbooks and other education related funds.
Free of charge to apply but any funds you take out must be payed back
A student would benefit from this service if they do not currently have enough money to cover education costs but will be able to pay back the funds in the future.