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Bonus Rate

CIBC Bonus Rate RRSP GIC

The CIBC Bonus Rate RRSP GIC offers interest at a premium rate on selected terms and guarantees your principal.

Interested in applying for a CIBC RRSP GIC?

Purchase online, call Telephone Banking1 at
1-866-525-8622 or visit one of our branches.

Purchase Online


Type non-redeemable
Minimum investment $500
Terms available Selected short and/or long terms offered on a time-limited basis - View terms available now
Access to funds at maturity only
Interest
  • For terms of 1 year and less, interest is paid at maturity.
  • For terms over 1 year, interest is compounded annually and paid at maturity.
Fees There are no fees unless you transfer all or part of your RRSP funds to another financial institution, in which case a $100 fee will apply.


Interested in a non-registered GIC?
Consider a CIBC Bonus Rate GIC.

For RRIF/LIF portfolios

We recommend the CIBC Bonus Rate RRIF GIC and CIBC Bonus Rate LIF GIC.


Interested in an TFSA GIC?
Consider a CIBC Bonus Rate TFSA GIC.


Is it for you?

The CIBC Bonus Rate RRSP GIC could be for you if any of the following apply:

  • You seek a premium rate for a non-redeemable GIC on selected terms offered on a time-limited basis.
  • You value the stability and security of a fixed term investment.
  • You will not need access to your money prior to the GIC's maturity.

Useful information

  • Principal and interest are automatically renewed into a regular CIBC RRSP GIC (Non-Redeemable) unless you instruct otherwise prior to maturity.

1 To buy through Telephone Banking or online, you need to have a CIBC bank account or CIBC GIC already.