Note: Interest is credited to your account as of the last business day in the interest period. However, the interest cannot be withdrawn, and will not be printed at CIBC banking centre terminals or at any CIBC ATM or made available through CIBC Telephone Banking or CIBC Online Banking®, until 2 business days after the end of the calendar month.
Interest rates quoted are annual and are subject to change without prior notice and are on display at any banking centre.
If you have any questions about our interest rates, visit a CIBC Banking Centre today to learn more about opening an account or call 1-800-465-2422.
* This is a combined promotional and regular annual interest rate paid on new deposits made to a CIBC Business Investment Growth Account after July 31, 2018. The promotional and regular rates may change at any time without prior notice. Ask a CIBC advisor for current regular interest rates. The promotional rate is earned only on days when the end of day final balance exceeds the end of day final balance on July 31, 2018, and only on the portion of the deposited amounts in excess of the July 31, 2018, end of day final balance. The promotional rate is earned on the first $10,000,000 in excess of the July 31, 2018, end of day final balance. Balances in excess of $10,000,000 will receive regular annual interest only. If multiple CIBC Business Investment Growth Accounts are owned by a client, all account balances will be aggregated, for the purpose of calculating promotional interest. Promotional interest rate offer expires October 31, 2018. Interest is calculated daily on the end of day balance and paid monthly. Other conditions apply. Read the full Promotional Offer Terms and Conditions (PDF, 110 KB)
1 Interest (excluding Bonus Interest) is calculated on each day’s final daily closing balance and paid monthly. The interest rate paid for each “portion” tier applies to the portion of each day’s final daily closing balance, which is in that tier.
2 Annual Bonus Interest is calculated on the minimum balance in the account during the calendar month and paid monthly.
3 Interest is calculated and paid monthly on the Monthly Average Balance of the account. Monthly Average Balance is the average of the daily closing credit balance for the month. The interest rate paid for each "portion" tier applies only to the portion of the Monthly Average Balance, which is in that tier.