CIBC Short-Term GIC

The CIBC Short-Term GIC is a safe place to park your money for a short period of time, while enjoying a guaranteed rate of interest and fully-protected principal. With a CIBC Short-Term GIC, you deposit money for a set period of 30 to 364 days at a fixed rate of interest. The longer your term, the higher the rate you generally earn.

Type	Non-redeemable
Minimum investment	$1,000 for terms greater than 30 days $5,000 for 30-day term
Terms available	From 30 to 364 days - view available terms
Access to funds	At maturity only
Interest	Paid at maturity

Is this GIC right for your business?

The CIBC Short-Term GIC could be right for your business if any of the following apply:

• You want a secure investment with guaranteed returns
• You need to park your money for a short period of time, perhaps before making a major purchase or investment decision
• You will not need access to your money before the GIC matures

Useful information:

• Setting up a combination of 30-, 60- or 90-day Short Term GICs can add liquidity to your portfolio
• Principal and interest can be automatically renewed or deposited into your bank account
• This GIC is issued by CIBC and qualifies as collateral for loans

Trademarks and Disclaimers

® Registered Trademark of CIBC.

™ Trademark of CIBC.

  Rates | Tools | FAQ | CDIC Deposit Insurance Information | Legal | Privacy & Security

Copyright® 2008 Canadian Imperial Bank of Commerce. All rights reserved.