† This is a combined annual interest rate paid on new deposits which is calculated by adding the regular interest rate and the bonus interest rate. The rate shown is current as of September 2, 2025 and may change at any time without notice. The bonus rate will be earned on new deposits made to a CIBC TFSA Tax Advantage Savings Account® between September 2, 2025 and October 31, 2025. The regular rate may change at any time without prior notice. For eligible accounts opened before the offer period, the bonus rate is earned only on the portion of the account’s daily closing balance that exceeds the closing balance on September 1, 2025. For eligible accounts opened during the offer period, the bonus rate is earned on the full daily closing balance. Bonus interest is calculated daily and paid monthly. Bonus interest rate offer expires October 31, 2025. The regular interest rate is earned on the full daily closing balance and paid monthly. Interest is paid on the entire balance at the rate for the tier in which the total daily closing balance falls. Other conditions apply, review the full terms and conditions (PDF, 105 KB) Opens a new window..
1 The annual TFSA dollar limit for 2025 is $7,000 as a combined total of all your TFSAs. Unused TFSA contribution room will be carried forward. You are solely responsible for knowing what your TFSA contribution room is and not over contributing, otherwise, penalty taxes may apply.
2 Canada Revenue Agency: Tax-Free Savings Account 2021 Statistics (2019 contribution year) (PDF, 445 KB) Opens in a new window.
Trademarks