CIBC Escalating Rate GIC®

The CIBC Escalating Rate GIC offers guaranteed premium returns and rates that increase each year.

With a CIBC Escalating Rate GIC, you deposit money for 3 or 5 years at guaranteed interest rates. Your original investment is always guaranteed in full.


  • Non-redeemable

Minimum investment

  • $500

Terms available

  • 3 and 5 years

Access to funds

  • No withdrawals allowed prior to maturity


  • Rate increases each year of the term
  • Earn a premium return over both the CIBC Cashable Escalating Rate GIC® and our regular Long-Term GIC
  • Two interest payment options are available:
    • Simple interest: paid annually
    • Compound interest: compounded annually and paid at maturity

Is this GIC right for your business?

The CIBC Escalating Rate GIC could be right for your business if any of the following apply:

  • You want premium returns
  • You have a 3 or 5-year investment horizon
  • You want a guaranteed return and 100% protection of your investment
  • You will not need access to your money before the GIC matures

Useful information:

  • Principal and interest are automatically renewed unless you instruct otherwise prior to maturity

Know how to Start Strong

Kick-start your new business with  planning ideas and expert guidance from the CIBC Start Strong Program for Business.

Learn more

Interested in a CIBC Escalating Rate GIC?

Visit your local CIBC Banking Centre and talk to a business advisor.

Contact us

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