Tax Free Savings Account (TFSA) Rates

Get an account that gives you daily interest, tax-free

CIBC TFSA Tax Advantage Savings Account®:
Earn a competitive, guaranteed high interest rate, earn interest on your deposits right away, and access your money anytime

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CIBC Current prime rate % as of

Rates as of

Minimum Investment Rate Special Offers
$25 % %* on new deposits (offer expires July 30, 2015)

% Bonus Interest Rate on new balances1

Term Rate Special Offers
1 year %
2 year %
3 year %
4 year %
5 year %
Investment Amount Year 1 Year 2 Year 3 Effective Yield Special Offers
$500 - $999,999 % % % %
Investment Amount Year 1 Year 2 Year 3 Year 4 Year 5 Effective Yield Special Offers
$500 - $999,999 % % % % % %
Investment Amount Year 1 Year 2 Year 3 Effective Yield Special Offers
$500 - $999,999 % % % %
Investment Amount Year 1 Year 2 Year 3 Year 4 Year 5 Effective Yield Special Offers
$500 - $999,999 % % % % % %
Term Rate Special Offers
1 year %
Term Rate Special Offers
2 – 4 months %
5 – 8 months %
9 – 10 months %
11 – 13 months %
14 – 17 months %
18 – 22 months %
23 – 25 months %
26 – 29 months %
30 – 34 months %
36 – 46 months %
47 – 49 months %
50 – 58 months %
60 months %
Term Rate Special Offers
9 – 10 months %
11 – 13 months %
14 – 17 months %
18 – 22 months %
23 – 29 months %
30 – 34 months %
35 – 36 months %

See also: GIC Rates , RRSP Rates, Mutual Fund Rates, RRIF/LIF Rates

Terms and Conditions

1 Interest is calculated on the full daily closing balance and is paid monthly. The interest rates quoted are annual rates. The Regular and/or Bonus Interest Rates may change at any time without prior notice.

2 The GIC rates shown are for the at-maturity interest payment option and may change without prior notice.

  • Interest rates quoted are annual rates. Rates are fixed for each GIC’s term. Rates are subject to change without prior notice.
  • Interest calculation: For terms of 1 year or less, simple interest is paid at maturity. For terms over 1 year, compound interest is calculated annually and paid at maturity.
  • Minimum deposit: $500.
  • If a GIC is redeemed before maturity to transfer funds to a TFSA at another financial institution, no interest will be paid and a transfer fee will apply.

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