CIBC Overdraft Protection.
Do you have overdraft protection with CIBC? If so, you need to be aware of this:
Starting April 1, 2013, CIBC is changing their overdraft protection fees from $5/month to $5/day. You will also be charged $4/month just for having overdraft protection.
That’s $5 each time you go into overdraft, plus $4 per month.