CIBC RRSP Daily Interest Savings Account (DISA)
The CIBC RRSP Daily Interest Savings Account (DISA) guarantees your principal and interest, and is an ideal RRSP starter account, or short-term alternative for parking your RRSP funds.
With a CIBC RRSP Daily Interest Savings Account (DISA), it's easy to make regular contributions to your RRSP and still have complete access to the money if you need it.
Purchase online, call Telephone Banking1 at |
| Type | cash account |
| Minimum investment | $25 |
| Terms available | not applicable |
| Access to funds | any time |
| Interest |
|
| 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. |
| Consider a CIBC RRIF Daily Interest Savings Account (DISA) or a CIBC LIF Daily Interest Savings Account (DISA). | ||
Is it for you?
The CIBC RRSP Daily Interest Savings Account (DISA) could be for you if any of the following apply:
- You want a secure RRSP investment, but are finding it difficult to save.
- You want full access to your money and the ability to withdraw funds at any time.
Useful information
- You can use an RRSP Regular Investment Plan to make automatic deposits to your CIBC RRSP Daily Interest Savings Account to maximize your compound interest.
- Your deposits earn interest right away, at competitive daily rates.
- The higher your balance, the higher your rate of interest.
1 To buy through Telephone Banking or online, you need to have a CIBC bank account or CIBC GIC already.
Copyright® 2009 Canadian Imperial Bank of Commerce. All rights reserved.






