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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 $25 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.



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.