Skip to main content Home | Contact Us | Find Us | Français | Asian Banking | Site MapCIBC Websites
Personal Banking Business Services About CIBC
 
Investing
Tax-Free Savings Accounts

Tax-Free Savings Accounts

View our video to learn more:

Introduction

TFSA vs. RRSP

How it works

CIBC TFSA solutions

Try our TFSA Calculator

The 2008 federal budget contained a bonus that almost every Canadian can benefit from: Tax-Free Savings Accounts. They allow you to set money aside in eligible investment vehicles without paying tax on income and gains earned within the TFSA.

Savings Account

CIBC TFSA Tax Advantage Savings Account™ Earn guaranteed interest tax-free

Mutual Funds

CIBC Mutual Funds Broad selection of mutual funds ranging from savings, income and growth funds
CIBC Managed Portfolio Services All-in-one investment solution that frees you from researching, monitoring and rebalancing your portfolio

Cashable GICs

CIBC Flexible TFSA GIC™ A 1-year GIC with the ultimate in flexibility; access your money at any time, with interest if you redeem after 30 days
CIBC Cashable Escalating Rate TFSA GIC™ Increasing annual interest rates over a 3- or 5- year term, and access to your money with interest on each anniversary2,3
CIBC TFSA GIC (Redeemable) Guaranteed fixed interest rate; withdraw your money at any time at specific early redemption rates

Non Redeemable GICs

CIBC Escalating Rate TFSA GIC™ Premium returns over a 3- or 5- year term, with increasing annual interest rates2
CIBC Bonus Rate TFSA GIC Earn a premium interest rate above our regular rates on select terms (available periodically)2
CIBC TFSA GIC (Non-Redeemable) Total security of guaranteed interest plus full protection of your principal2

Save faster for important goals such as your retirement, starting a business, your children's education, a new car or a family vacation because you're not paying tax on your investment income. It's a great way to save and a great way to invest.

What do I need to know about making TFSA contributions?

What types of investments can I put in a TFSA?

What happens when I want to make a withdrawal from my TFSA?

Have a question?

Enter your question in sentence form, for example: What is an RRSP?  
View the top 10 questions

 

At CIBC, we're committed to helping you Achieve what matters to you™. All of our CIBC advisors are available to meet with you to discuss how a CIBC TFSA could be an integral part of your overall savings and investment plan.


1 Some restrictions may apply depending on the investments chosen.

™ Trademark of CIBC