CDIC Deposit Insurance Information

CANADIAN IMPERIAL BANK OF COMMERCE

CIBC, CIBC Mortgages Inc. and CIBC Trust are members of Canada Deposit Insurance Corporation.

The following instruments or products are deposits eligible for deposit insurance from the Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined by the CDIC in Protecting Your Deposits and provided such deposits are in Canadian funds, are payable in Canada, and have a term of no more than 5 years.

Protecting Your Deposits (PDF, 110 KB) 


Savings, Chequing and Combined Savings-Chequing Accounts


Currently available:

  • CIBC Everyday® Chequing Account
  • CIBC Smart™ Account (formerly CIBC Unlimited® Chequing Account)
  • CIBC Premium Growth Account
  • CIBC PremierService® Account
  • CIBC Bonus Savings Account
  • CIBC eAdvantage® Savings Account


No longer available:

  • CIBC Personal Chequing Account
  • CIBC Regular Savings Account
  • CIBC Daily Interest Savings Account
  • CIBC Chequing Savings Account
  • CIBC Waive Account®
  • CIBC EverydayPlus® Chequing Account

Non-personal or Commercial Accounts
 

Currently available:

  • CIBC Business Operating Account
  • CIBC Not-for-Profit Operating Account
  • CIBC AgriInvest Account
  • CIBC Business Investment Growth Account


No longer available:

  • CIBC Business Interest Account®

Guaranteed Investment Certificates (GICs)
 

Currently available:

  • CIBC Short-Term GIC
  • CIBC Redeemable GIC (formerly CIBC Redeemable Long-Term GIC)1
  • CIBC Redeemable Short-Term GIC2
  • CIBC Flexible GIC®3
  • CIBC Save-Up GIC
  • CIBC T-Bill Rate GIC
  • CIBC Treasury Certificate GIC
  • CIBC Cashable Escalating Rate GIC®
  • CIBC EasyBuilder GIC®
  • CIBC Variable Rate GIC
  • CIBC Guaranteed Market Return GIC, Short-Term Investment (MLGIC)4 held for CIBC Guaranteed Market Return GIC and the Cash Account (MLGIC)
  • CIBC Monthly Income Fund-linked GIC, Short-Term Investment (MLGIC) held for a CIBC Monthly Income Fund-linked GIC and the Cash Account (MLGIC)
  • CIBC Market Return GIC, Short-Term Investment (MLGIC) held for a CIBC Market Return GIC and the Cash Account (MLGIC)
  • CIBC Floating Market Rate GIC, Short-Term Investment (MLGIC) held for a CIBC Floating Market Rate GIC and the Cash Account (MLGIC)
  • CIBC Market Mix GIC, Short-Term Investment (MLGIC) held for a CIBC Market Mix GIC and the Cash Account (MLGIC)


Periodically or seasonally offered

  • CIBC Bonus Rate GIC
  • CIBC Special Offer GIC

No longer available:

  • CIBC Premium Rate GIC®

Tax Free Savings Account (TFSA)
 

Currently available:

  • CIBC TFSA Tax Advantage Savings Account

TFSA GICs
 

Currently available:

  • CIBC TFSA Guaranteed Investment Certificate (Redeemable)
  • CIBC TFSA Guaranteed Investment Certificate (Non-Redeemable)
  • CIBC Cashable Escalating Rate TFSA GIC
  • CIBC Escalating Rate TFSA GIC
  • CIBC Flexible TFSA GIC
  • CIBC Guaranteed Market Return GIC, Short-Term Investment (MLGIC)4 held for CIBC Guaranteed Market Return GIC and the Cash Account (MLGIC)
  • CIBC Monthly Income Fund-linked GIC, Short-Term Investment (MLGIC) held for a CIBC Monthly Income Fund-linked GIC and the Cash Account (MLGIC)
  • CIBC Market Return GIC, Short-Term Investment (MLGIC) held for a CIBC Market Return GIC and the Cash Account (MLGIC)
  • CIBC Floating Market Rate GIC, Short-Term Investment (MLGIC) held for a CIBC Floating Market Rate GIC and the Cash Account (MLGIC)
  • CIBC Market Mix GIC, Short-Term Investment (MLGIC) held for a CIBC Market Mix GIC and the Cash Account (MLGIC)


Periodically or seasonally offered

  • CIBC Bonus Rate TFSA GIC

Registered Retirement Savings Plan (RRSP)
 

Currently available:

  • CIBC RRSP Daily Interest Savings Account

RRSP GICs
 

Currently available:

  • CIBC RRSP Guaranteed Investment Certificate (Redeemable)
  • CIBC RRSP Guaranteed Investment Certificate (Non-Redeemable)
  • CIBC Stock Market Advantage® RRSP GIC
  • CIBC Cashable Escalating Rate RRSP GIC™
  • CIBC Escalating Rate RRSP GIC
  • CIBC Flexible RRSP GIC
  • CIBC Guaranteed Market Return GIC, Short-Term Investment (MLGIC)4 held for CIBC Guaranteed Market Return GIC and the Cash Account (MLGIC)
  • CIBC Monthly Income Fund-linked GIC, Short-Term Investment (MLGIC) held for a CIBC Monthly Income Fund-linked GIC and the Cash Account (MLGIC)
  • CIBC Market Return GIC, Short-Term Investment (MLGIC) held for a CIBC Market Return GIC and the Cash Account (MLGIC)
  • CIBC Floating Market Rate GIC, Short-Term Investment (MLGIC) held for a CIBC Floating Market Rate GIC and the Cash Account (MLGIC)
  • CIBC Market Mix GIC, Short-Term Investment (MLGIC) held for a CIBC Market Mix GIC and the Cash Account (MLGIC)
     

Periodically or seasonally offered

  • CIBC Bonus Rate RRSP GIC

Registered Retirement Income Fund (RRIF)
 

Currently available:

  • CIBC RRIF Daily Interest Savings Account

RRIF GICs
 

Currently available:

  • CIBC RRIF Guaranteed Investment Certificate
  • CIBC Stock Market Advantage® RRIF GIC
  • CIBC Escalating Rate RRIF GIC
     

Periodically or seasonally offered

  • CIBC Bonus Rate RRIF GIC

Life Income Fund (LIF)


Currently available:

  • CIBC LIF Daily Interest Savings Account

LIF GICs
 

Currently available:

  • CIBC LIF Guaranteed Investment Certificate
  • CIBC Escalating Rate LIF GIC
     

Periodically or seasonally offered

  • CIBC Bonus Rate LIF GIC

OTHER (Not available through CIBC Banking Centres)

Currently available:

  • CIBC Full Service Short-Term GIC
  • CIBC Full Service Long-Term GIC
  • Mortgage Tax Account
  • CIBC VISA* Card Security Deposit
  • CIBC Full Service Cashable Escalating Rate GIC
  • CIBC Full Service Flexible GIC
  • CIBC Escalating Rate GIC®
  • CIBC Wood Gundy Asset Advantage Account® (CIBC Canadian dollar chequing account only)
  • Renaissance High Interest Savings Account (Canadian dollar savings account only)
  • CIBC Guaranteed Market Return GIC and the Subscription Deposit held for a CIBC Guaranteed Market Return GIC (Canadian dollar only)
  • CIBC Monthly Income Fund-linked GIC and the Subscription Deposit held for a CIBC Monthly Income Fund-linked GIC
  • CIBC Dividend Growth Fund-linked GIC and the Subscription Deposit held for a CIBC Dividend Growth Fund-linked GIC
  • CIBC Global Market Mix GIC and the Subscription Deposit held for a CIBC Global Market Mix GIC
  • CIBC Market Return GICs and the Subscription Deposits held for a CIBC Market Return GIC (Canadian dollar only)
  • CIBC Equity Growth GICs and the Subscription Deposits held for a CIBC Equity Growth GIC
  • CIBC Equity Income GICs and the Subscription Deposits held for a CIBC Equity Income GIC
  • CIBC Index Growth GICs and the Subscription Deposits held for a CIBC Index Growth GIC
  • CIBC Index Growth (Guaranteed Return) GICs and the Subscription Deposits held for a CIBC Index Growth (Guaranteed Return) GIC (Canadian dollar only)
  • CIBC Floating Market Rate GICs and the Subscription Deposits held for a CIBC Floating Market Rate GIC (Canadian dollar only)
  • CIBC Market Mix GICs and the Subscription Deposits held for a CIBC Market Mix GIC
  • CIBC Non-Redeemable Long-Term GIC


Simplii Financial™
5
 

  • Simplii Financial No Fee Chequing Account
  • Simplii Financial Savings Account
  • Simplii Financial High Interest Savings Account 
  • Simplii Financial GIC 
  • Simplii Financial Tax-Free Savings Account 
  • Simplii Financial RRSP Savings Account 
  • Simplii Financial Daily Interest RRSP Account 
  • Simplii Financial RRSP GIC 

The following accounts may be CDIC insured but not used by depositors in the normal course of business with CIBC:

Outstanding payment items including suspense accounts, items in transit, certified cheques, drafts, Global Money Orders and unclaimed cheques.

Revised November 1, 2017


CIBC MORTGAGES INC.


Guaranteed Investment Certificates (GICs)


Currently available:

  • CIBC Mortgages Inc. Long-Term GIC
  • CIBC Mortgages Inc. Flexible GIC

RRSP Savings Account
 

No longer available:

  • CIBC Mortgages Inc. RRSP Savings Account

 


OTHER


Not available through CIBC Banking Centres:

  • CIBC High Interest Savings Account (CMI)
     

Not directly available to depositors:

  • Mortgage Tax Account

The following accounts may be CDIC insured but not used by depositors in the normal course of business with CIBC Mortgages Inc.:

Outstanding payment items including suspense accounts, items in transit and unclaimed cheques.

Revised April 30, 2017


CIBC TRUST CORPORATION
 

Guaranteed Investment Certificates (GICs)
 

Currently available:

  • CIBC Trust Long-Term GIC
  • CIBC Guaranteed Investment Certificate6,7
  • CIBC Stock Market Advantage® GIC
  • CIBC Escalating Rate GIC® (Non-redeemable)
  • CIBC Trust Full Service Escalating Rate GIC

RRSP Daily Interest Savings Account (DISA)
 

No longer available:

  • CIBC Trust RRSP Savings

Other
 

Not available through CIBC Banking Centres:

  • CIBC High Interest Savings Account (CTC)

Instruments and Products Formerly Issued by CIBC Mortgage Corporation
 

No longer available:

Savings Account

  • CIBC Investor’s Rate Account®

The following accounts may be CDIC insured but not used by depositors in the normal course of business with CIBC Trust Corporation:

Outstanding payment items including suspense accounts, items in transit, trustee demand accounts, and unclaimed cheques.

Revised April 30, 2017

For further information, contact CDIC at 1-800-461-2342.