So, that additional 2 % interest will be calculated on the average daily closing balance during the whole Offer Period. (highinterestsavings.ca)
2 Interest is calculated daily at the current rate on each day's full closing balance when the final balance is $ 5,000 or more, and paid monthly. (cibc.com)
The regular interest rate is paid on the full daily closing balance when the balance is $ 5,000 or more. (highinterestsavings.ca)