CIBC Escalating Rate RRSP GIC™
The CIBC Escalating Rate RRSP GIC offers guaranteed premium returns and rates that increase each year.
With a CIBC Escalating Rate RRSP GIC, you deposit money with us for 3 or 5 years at guaranteed interest rates. Your original investment is always guaranteed in full.
Interested in applying for a CIBC RRSP GIC?
Purchase online, call Telephone Banking1 at
| Type | non-redeemable |
| Minimum investment | $500 |
| Terms available | 3 and 5 years |
| Access to funds | no withdrawals allowed prior to maturity |
| Interest |
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| 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. |
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Is it for you?
The CIBC Escalating Rate RRSP GIC could be for you if any of the following apply:
- You want premium returns.
- You have a three- or five-year investment horizon.
- You want a guaranteed return and 100% protection of your investment.
Useful information
- Principal and interest are conveniently automatically renewed unless you instruct otherwise prior maturity.
Trademarks and Disclaimers
™ Trademark of CIBC
1 To buy through Telephone Banking or online, you need to have a CIBC bank account or CIBC GIC already.
Copyright® 2010 Canadian Imperial Bank of Commerce. All rights reserved.










