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CIBC Escalating Rate TFSA GIC
The CIBC Escalating Rate TFSA GIC™ offers guaranteed premium returns and interest rates that increase each year.
With a CIBC Escalating Rate TFSA GIC, you deposit money with us for 3 or 5 years at guaranteed interest rates. Your original investment is always guaranteed in full.
Type |
Non-redeemable |
Minimum investment |
$500 |
Terms available |
3 and 5 years |
Access to funds |
|
Interest |
|
Fees |
There are no fees unless you transfer all or part of your TFSA funds to another financial institution, in which case a $100 fee will apply. |
For RRIF/LIF portfolios
We recommend the CIBC Escalating Rate RRIF GIC and CIBC Escalating Rate LIF GIC.
Interested in an RRSP GIC?
Consider a CIBC Escalating Rate RRSP GIC.
Interested in a non-registered GIC?
Consider a CIBC Escalating Rate GIC.
Is it for you?
The CIBC Escalating Rate TFSA GIC could be for you if any of the following apply:
- You want premium returns
- You have a 3- or 5-year investment horizon
- You want a guaranteed return and 100% protection of your investment
Useful information:
- Principal and interest are conveniently automatically renewed into a CIBC Escalating Rate TFSA GIC for the same term unless you instruct otherwise prior maturity
Interested in purchasing or contributing to a CIBC TFSA GIC?
I have a CIBC bank account
Not a CIBC client yet?
Investing information
Market Linked GICs
- Escalating Rate
- Cashable Escalating Rate
- Bonus Rate
- Flexible
- Non-Redeemable
- Redeemable