Tax-Free Savings Accounts

The 2008 federal budget contained a bonus that almost every Canadian can benefit from: Tax-Free Savings Accounts (TFSAs). They allow you to set money aside in eligible investment vehicles without paying tax on income and gains earned within the TFSA.

Tax-Free Savings Options

TFSA Savings Account

CIBC TFSA Tax Advantage Savings Account®

Earn guaranteed interest tax-free.

Purchase or contribute: to a C I B C T F S A Tax Advantage Savings Account

TFSA Mutual Funds

CIBC Mutual Funds Broad selection of mutual funds ranging from savings, income and growth funds

TFSA Portfolio Solutions

CIBC Managed Portfolio Services All-in-one investment solution that frees you from researching, monitoring and rebalancing your portfolio
CIBC Personal Portfolio Services A discretionary investment management service that offers a diversified approach to global asset allocation and access to investment managers from around the world

Cashable TFSA GICs

CIBC Flexible TFSA GIC™ A 1-year GIC with the ultimate in flexibility; access your money at any time, with interest if you redeem 30 days or more after the issue date. Purchase or contribute
CIBC Cashable Escalating Rate TFSA GIC™ Increasing annual interest rates over a 3- or 5- year term, and access to your money with interest on each anniversary2,3. Purchase or contribute
CIBC TFSA GIC (Redeemable) Guaranteed fixed interest rate; withdraw your money at any time at specific early redemption rates. Purchase or contribute

Non Redeemable TFSA GICs

CIBC Escalating Rate TFSA GIC™ Premium returns over a 3- or 5- year term, with increasing annual interest rates2. Purchase or contribute
CIBC Bonus Rate TFSA GIC Earn a premium interest rate above our regular rates on select terms (available periodically)2. Purchase or contribute
CIBC TFSA GIC (Non-Redeemable) Total security of guaranteed interest plus full protection of your principal2. Purchase or contribute

Market Linked GICs (TFSA eligible)

CIBC Market Linked GICs Guaranteed fixed term investments that combine the security of traditional GICs with the potential to earn a higher market-linked return in one simple solution.

Save faster for important goals such as your retirement, starting a business, your children's education, a new car or a family vacation because you're not paying tax on your investment income. A TFSA is a great way to save and a great way to invest.

What do I need to know about making TFSA contributions?

What types of investments can I put in a TFSA?

What happens when I want to make a withdrawal from my TFSA?

At CIBC, we're committed to helping you Achieve what matters to you™. All of our CIBC advisors are available to meet with you to discuss how a CIBC Tax Free Savings Account could be an integral part of your overall savings and investment plan.

1 Some restrictions may apply depending on the investments chosen.

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