About GICs

GICs play an important role in a balanced portfolio because of the security they offer. GICs provide a secure way to save for short-term goals, like a vacation, or for longer-term plans, like buying a house or retirement. Either way, a GIC is a sound investment option.

When you buy a GIC, you invest a sum of money for a specific term, or period of time. At the end of that term, you are guaranteed to receive your full principal - your initial investment - plus interest income on your money.1

At CIBC, we offer many smart and straightforward GIC solutions to help you meet your unique needs. Talk to us about securing your financial future today.

Benefits of CIBC GICs

GICs have many attractive benefits:

Security and peace of mind
Your principal investment is safe and fully guaranteed.

Flexibility and access
You can select from a wide range of terms and, with many GICs, access your money when you need it.

Reliable income
Certain GICs allow you to take guaranteed interest payments as frequently as every month, so you can plan ahead.

Low minimums
Minimum investments start from as low as $500.

Diversified investments
GICs provide investment solutions for each part of a balanced portfolio, including the cash, income and growth portions.

Available for a full range of account types
Including RRSP, RRIF, RESP and Non-Registered.

GICs are easy to set up and renew. Purchase online, call 1-866-525-8622 or visit your CIBC branch2.

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Earn More

Looking for a simple way to maximize GIC returns? The CIBC Bonus Rate GIC offers higher rates than regular GICs! 

Find out more

Tip: Earn Compound Interest

Have interest paid to you at maturity, instead of withdrawing it annually, on your GICs with terms over 1 year. Your interest will earn interest, and your money will grow even more quickly.

Want to buy CIBC GICs?

Purchase online, call 1-866-525-8622 or visit your CIBC branch 2