CIBC Redeemable GIC

Why choose a CIBC Redeemable GIC^ⓘ?

This GIC could be right for you if you're looking for a reliable investment with guaranteed interest where you can access your funds before the end of the investment term. This GIC is only available in a CIBC Investment Account.

Guaranteed rate

Know exactly how much interest you'll earn with a fixed rate.

Maximize returns

Boost your savings with registered plan options and enjoy tax benefits.

Multiple options

Choose from a variety of plan types to meet your investment goals.

Find a GIC account that's right for you

This GIC is available in registered plans within a CIBC Investment Account. If you're saving for a long-term goal, such as retirement, consider a registered plan for the tax benefits.

New to GICs? Check out our glossary.

Tax-Free Savings Account (TFSA)

TFSAs can help you grow your savings faster because you pay no taxes on the money you earn, as long as you follow the contribution rules. The 2026 TFSA dollar limit is $7,000.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Tax-Free Savings Account

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your TFSA funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

Registered Retirement Savings Plan (RRSP)

Defer your taxes and maximize your retirement savings with a RRSP.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Retirement Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RRSP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

Registered Retirement Income Fund (RRIF)

After you transfer qualified retirement savings into a RRIF, you only pay taxes on the money you withdraw from the fund.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Retirement Income Fund

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RRIF funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

First Home Savings Account

An FHSA is a type of registered plan that’s designed to help you save for your first home, tax-free.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

First Home Savings Account

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your FHSA funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

Registered Education Savings Plan (RESP)

An RESP is a tax-deferred investment plan that helps you save for your child’s post-secondary education so that you’ll have the funds you need when you need them. Federal government assistance is available through the Canada Learning Bond and the Canada Education Savings Grant.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Education Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RESP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

Registered Disability Savings Plan (RDSP)

The RDSP is a long-term savings plan to help Canadians with disabilities, and their families, save for the future. Federal government assistance is available through the Canada Disability Savings Bond and the Canada Disability Savings Grant.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Disability Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RDSP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

TFSA

Tax-Free Savings Account (TFSA)

TFSAs can help you grow your savings faster because you pay no taxes on the money you earn, as long as you follow the contribution rules. The 2026 TFSA dollar limit is $7,000.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Tax-Free Savings Account

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your TFSA funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

RRSP

Registered Retirement Savings Plan (RRSP)

Defer your taxes and maximize your retirement savings with a RRSP.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Retirement Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RRSP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

RRIF

Registered Retirement Income Fund (RRIF)

After you transfer qualified retirement savings into a RRIF, you only pay taxes on the money you withdraw from the fund.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Retirement Income Fund

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RRIF funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

FHSA

First Home Savings Account

An FHSA is a type of registered plan that’s designed to help you save for your first home, tax-free.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

First Home Savings Account

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your FHSA funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

RESP

Registered Education Savings Plan (RESP)

An RESP is a tax-deferred investment plan that helps you save for your child’s post-secondary education so that you’ll have the funds you need when you need them. Federal government assistance is available through the Canada Learning Bond and the Canada Education Savings Grant.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Education Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RESP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

RDSP

Registered Disability Savings Plan (RDSP)

The RDSP is a long-term savings plan to help Canadians with disabilities, and their families, save for the future. Federal government assistance is available through the Canada Disability Savings Bond and the Canada Disability Savings Grant.

Terms and rates^ⓘ

Minimum investment of $500^ⓘ

Term	Rate^ⓘ
1 year	RDS%rate[4].RED001.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)%

For other terms and posted rates^ⓘ,^ⓘ, go to GIC rates.

Meet with us

What you need to know

Product

CIBC Redeemable GIC

Account

CIBC Investment Account

Plan

Registered Disability Savings Plan

Type

Redeemable

Access to funds^ⓘ

Get access to your money at any time

Interest^ⓘ

Full interest is paid up to the date of redemption if you withdraw funds 30 days or more after the issue date. No interest is paid if funds are withdrawn within the first 29 days of the issue date.

Fees

You'll pay a $100 fee if you transfer all or part of your RDSP funds to another financial institution.

Renewal^ⓘ

At maturity, your GIC will automatically renew into the same product of the same term. To change this at anytime before maturity, please speak with your advisor.

Interested in other GIC rates?

Explore all GIC rates.

How do I invest in a CIBC Redeemable GIC?

What you need to get started

You must be a Canadian resident
Your Canadian Social Insurance Number
A CIBC Investment Account with CIBC Securities Inc. or with CIBC Investor Services Inc.
Need an account? Apply for a CIBC Investment Account
A personal bank account to fund your GIC
Need an account? Apply for a personal bank account
Your GIC account number if you plan to use an existing CIBC Investment account
You must be registered for CIBC Online or Mobile Banking
Need to register? Register for Online and Mobile Banking Opens a new window.

Meet with us

Call us at 1-800-465-3863 Opens your phone app. or visit a CIBC banking centre Opens a new window.. Already a CIBC client or have a CIBC Investment Account? Your application process will be even shorter.

Review the details online

Keep tabs on your GIC in your CIBC Investment Account using CIBC Online Banking®. Check your maturity date, interest rate, deposit amount and more at any time.

Explore other GIC options

CIBC Non-Redeemable GIC

CIBC and CIBC Trust Corporation are members of Canada Deposit Insurance Corporation (CDIC). CIBC Redeemable Guaranteed Investment Certificates are issued by CIBC Trust Corporation and are eligible for Canada Deposit Insurance Corporation coverage.

Bundle to earn up to $850. Start with a CIBC Smart® Account.†, ‡ Qualifying actions apply.

CIBC Redeemable GICⓘ

Why choose a CIBC Redeemable GICⓘ?

Guaranteed rate

Maximize returns

Multiple options

Find a GIC account that's right for you

Tax-Free Savings Account (TFSA)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

Registered Retirement Savings Plan (RRSP)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

Registered Retirement Income Fund (RRIF)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

First Home Savings Account

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

Registered Education Savings Plan (RESP)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

Registered Disability Savings Plan (RDSP)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Access to fundsⓘ

Interestⓘ

Fees

Renewalⓘ

Tax-Free Savings Account (TFSA)

Terms and ratesⓘ

What you need to know

Product

Account

Plan

Type

Bundle to earn up to $850. Start with a CIBC Smart® Account.^{†, ‡}Qualifying actions apply.

CIBC Redeemable GIC^ⓘ

Why choose a CIBC Redeemable GIC^ⓘ?

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ

Terms and rates^ⓘ

Access to funds^ⓘ

Interest^ⓘ

Renewal^ⓘ