About the CIBC Flexible RRSP GIC

With the CIBC Flexible RRSP GIC, you deposit your money with us for 1 year. At the end of the term, we return your deposit, guaranteed. During the term, you earn interest on your money at a guaranteed rate with the flexibility to withdraw funds and change investment options at any time.

Is it for you?

The CIBC Flexible RRSP GIC could be for you if:

  • You want an investment that earns competitive interest rates while providing the flexibility to withdraw funds and change investment options at any time
  • You want a secure investment

Useful Information

  • Principal and interest are automatically renewed into the CIBC Flexible RRSP GIC of the same term unless you provide alternate instructions prior to maturity
  • Available as a non-registered CIBC Flexible GIC or as a CIBC Flexible TFSA GIC


1 year


Access to funds

  • You can access your money at any time.
  • Full or partial redemption is allowed subject to a minimum withdrawal of $500.
  • At least $500 in principal must remain on deposit after a partial withdrawal; otherwise, the full balance of the GIC will be redeemed.


  • Simple interest is paid at maturity.
  • In the event of early withdrawal 30 days or more after the issue date, full interest to the date of redemption is paid.
  • If you withdraw funds within the first 29 days, no interest is paid.


  • There are no fees unless you transfer all or part of your RRSP funds to another financial institution, in which case a $100 fee will apply.