Investing

CIBC Premium Edge

  • Last Updated:
  • Feb 22nd, 2022 1:21 pm
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Newbie
Jan 23, 2012
1 posts
Toronto, Ontario
hello does Premium Edge offer any preferred interest rates or fx rates? what about trading commissions?

If anyone knows can you please let me know, thanks!
Deal Addict
May 18, 2015
1754 posts
748 upvotes
Ottawa,Ont
Looking to revive this thread and see if anything has changed in the last 3 years? Has anyone had luck negotiating with CIBC on margin rates, trade commissions, etc?
Deal Expert
User avatar
Dec 12, 2009
23586 posts
12764 upvotes
Toronto
nikels21 wrote: Looking to revive this thread and see if anything has changed in the last 3 years? Has anyone had luck negotiating with CIBC on margin rates, trade commissions, etc?
No change, in fact I would say the imperial service is less than what it used to be. Now that they offer a smart plus account package, it is better to go with investors edge to keep the fees to a minimum.
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Deal Addict
Mar 22, 2010
3261 posts
1078 upvotes
Has to provide more perks. IB provides all that with $1-ish commission less than $5K asset.
Deal Addict
May 18, 2015
1754 posts
748 upvotes
Ottawa,Ont
rapashoo wrote: Has to provide more perks. IB provides all that with $1-ish commission less than $5K asset.
100k in a CIBC account gives you free premium banking/credit card as well tho. So for me...a low volume trader- If I could get the margin rates down I would consider a switch.
Deal Addict
Mar 22, 2010
3261 posts
1078 upvotes
nikels21 wrote: 100k in a CIBC account gives you free premium banking/credit card as well tho. So for me...a low volume trader- If I could get the margin rates down I would consider a switch.
I see. Good info. Well I have TD and IB. For TD (everyday banking), $5K gives you free highest tier chequing account + free credit card (annual fee waived up to $100). For investment, I use IB. Moving money is not an issue because it takes about 2 business days, which is not too bad for my situation.

I would actually love some discount on mortgage rate or HELOC rate discount though for big banks premium account holders though.

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