† Your total interest rate is annual and calculated by adding the posted rate and your promotional rate.
Posted rates are annual rates and are current as of today’s date RDS%SYSTEM_DATE(#M# #d#, #Y#)% and may be changed or withdrawn at any time without notice.
Promotional Rates (The following section only applies if above indicates your GIC is subject to a promotional rate)
A. Promotional rates are as of today’s date RDS%SYSTEM_DATE(#M# #d#, #Y#)%
B. Promotional rates are subject to change at any time. Rates shown are annual rates. Promotional rates apply only to new GIC purchases and will not apply to any subsequent renewals. Promotional rates are not applicable for non-personal clients
C. The promotional rate indicated above may not be combined with any other rate offer
CIBC Bonus Rate GIC (non-registered): Rates are fixed for each GIC’s term. The minimum investment is $5,000 for a 30-day term and $1,000 for terms over 30 days. The maximum is $999,999.
To invest in terms of 30, 90, 180 or 270 days, please visit a CIBC Banking Centre Opens in a new window.. Or call CIBC Telephone Banking at 1-800-465-3863 Opens your phone app..
Interest calculation: For terms less than one year, simple interest is paid at maturity. For terms one year or more, simple interest is calculated and paid monthly, semi-annually, or annually, depending on the payment option you select; or, compound interest is calculated annually and paid at maturity. For the monthly payment option, the annual interest rate will be 0.25% less than the rate shown (except if held by clients who are 60 years of age and older). For the semi-annual payment option, the annual interest rate will be 0.125% less than the rate shown.
A Bonus Rate GIC will automatically reinvest into a Bonus Rate GIC for the same term. You can change reinvestment instructions anytime by visiting a CIBC Banking Centre Opens in a new window.. You can also make a change by calling CIBC Telephone Banking at 1-800-465-3863 Opens your phone app.. Where the maturity date falls on a non-business day the GIC will mature on the next business day.
1 Mobile Investment Consultant is the title used in all provinces except Quebec. In Quebec, the term is Mobile Investment Specialist.
Mobile Investment Consultants and Specialists may not be available to meet in person in some regions in Manitoba, Quebec, Saskatchewan, New Brunswick, Newfoundland, Nova Scotia and Prince Edward Island. In these cases, visit your local CIBC Banking Centre. This offering isn’t available in Northwest Territories, Nunavut and Yukon. In these provinces, please visit your local CIBC Banking Centre for any financial needs.