About the CIBC T-Bill Rate GIC
With a CIBC T-Bill Rate GIC, you deposit your money with us for 90 to 100 days, and earn interest at a fixed rate which is higher than our regular 90-day GIC rate.
$25,000 (up to $200,000)
90 to 100 days
Access to principal
at maturity only
Simple interest is paid at maturity only
Is it for you?
The CIBC T-Bill Rate GIC could be for you if any of the following apply:
- You have a large investment to park for a short time, perhaps before making a major purchase or investment decision.
- You value the stability and security of a fixed-term investment for some or all of your portfolio.
This GIC is issued by CIBC and qualifies as collateral for loans.