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Investment Solutions

Can I Combine My Investments With My Banking?

As CIBC Wood Gundy's premium investment account, Asset Advantage Account® (AAA) combines all the features of a traditional investment account with CIBC Wood Gundy's best interest rates and a complement of CIBC personal banking and VISA* card services - together in one account, with one monthly statement and a single annual fee.


With AAA you enjoy personalized, ongoing investment advice, complete trading and margin privileges in multiple currencies and all the services of a premium bank account. AAA offers no-charge chequing in Canadian and U.S. dollars; preauthorized bill payments; direct deposit services; overdraft protection; and a wide range of electronic banking services. With CIBC bank machines, Telephone Banking and Online Banking services, you can use AAA to perform most banking transactions, 24 hours a day. As an AAA client, you can obtain funds from any Interac** or PLUS* system bank machine, worldwide. Using the AAA convenience card, you can make direct payment purchases from your AAA using Interac Direct Payment terminals at participating merchants in Canada.

For your convenience, CIBC automatically pays the VISA bill out of the available cash and margin credit in your account each month:

Auto Pay Service on any CIBC Visa

Through the Auto Pay Service, you can arrange to have your bank account debited each month on the payment due date for either the current month's Minimum Payment due or the full Balance on your CIBC Visa Card.

In order to enroll in the Auto Pay option, you will have to sign and return an Auto Pay Service authorization form before your payments can be processed automatically.

Auto Pay is available on any CIBC credit card (excluding Small Business VISAs and US Dollar VISAs). For more information or to request an Auto Pay Service Authorization Form, please call 1-800-465-4653.

AAA's greatest advantage is that it offers what most investment accounts don't - premium interest rates on every dollar of cash held in the account. As an AAA client, you also enjoy CIBC Wood Gundy's lowest rates on any margin balances carried. AAA cheques are cleared first using the available cash in the account, then available margin then available VISA credit. In this way, AAA always provides overdraft protection from the least expensive source of funds.

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AAA Delivers Successful Money Management

Use our Find An Advisor tool to locate a CIBC Wood Gundy Investment Advisor near you and take the first step to achieving the financial future you want.

The information contained herein is considered accurate at the time of posting. CIBC and CIBC World Markets Inc. reserve the right to change any of it without prior notice. It is for general information purposes only.

®Wood Gundy Asset Advantage Account and Asset Advantage Account are registered trademarks of CIBC World Markets Inc.

*VISA Int./CIBC and CIBC World Markets Inc., Lic. Users.

** Trademark of Interac Inc.; CIBC Authorized User of the trade-mark.

IIROC. Registered by Investment Industry Regulatory Organization of CanadaCIPF