Rates
Interest is calculated on the full daily closing balance and is paid monthly. The interest rate quoted is an annual rate. The rate will vary from time to time and is subject to change without prior notice. Minimum deposit: $25
“CIBC TFSA Tax Advantage Savings Account” is a TM of CIBC.
Rates as of:
The GIC rates shown are for at-maturity interest payment option and may change without prior notice.
| 2 - 4 months |
|
| 5 - 8 months |
|
| 9 - 10 months |
|
| 11 - 13 months |
|
| 14 - 17 months |
|
| 18 - 22 months |
|
| 23 - 25 months |
|
| 26 - 29 months |
|
| 30 - 34 months |
|
| 36 - 46 months |
|
| 47 - 49 months |
|
| 50 - 58 months |
|
| 60 months |
|
| 9 - 10 months |
|
| 11 - 13 months |
|
| 14 - 17 months |
|
| 18 - 22 months |
|
| 23 - 29 months |
|
| 30 - 34 months |
|
| 35 - 36 months |
|
* Notes:
- Interest rates quoted are annual rates. Rates are fixed for each GIC's term. Rates are subject to change without prior notice.
- Interest calculation: For terms of 1 year of less, simple interest is paid at maturity. For terms over 1 year, compound interest is calculated annually and paid at maturity.
- Minimum deposit: $500.
- If a GIC is redeemed before maturity to transfer funds to a TFSA at another financial institution, no interest will be paid and a transfer fee will apply.
