CIBC Short-Term GIC

The CIBC Short-Term GIC is a safe place to park your money for a short period of time, while enjoying a guaranteed rate of interest and fully-protected principal. With a CIBC Short-Term GIC, you deposit money for a set period of 30 to 364 days at a fixed rate of interest. The longer your term, the higher the rate you generally earn.


  • Non-redeemable

Minimum investment

  • $1,000 for terms greater than 30 days
  • $5,000 for 30-day term

Terms available

Access to funds

  • At maturity only


  • Simple interest is paid at maturity

Is this GIC right for your business?

The CIBC Short-Term GIC could be right for your business if any of the following apply:

  • You want a secure investment with guaranteed returns
  • You need to park your money for a short period of time, perhaps before making a major purchase or investment decision
  • You will not need access to your money before the GIC matures

Useful information:

  • Setting up a combination of 30-, 60- or 90-day Short Term GICs can add liquidity to your portfolio
  • Principal and interest can be automatically renewed or deposited into your bank account
  • This GIC is issued by CIBC and qualifies as collateral for loans

Know how to Start Strong

Kick-start your new business with planning ideas and expert guidance from the CIBC Small Business Start Strong program.

Learn more

Interested in a CIBC Short-Term GIC?

Visit your local CIBC branch and talk to a business advisor.