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With a CIBC TFSA Tax Advantage Savings Account®, you can save for everything that matters to you and access your money any time, tax free.
Offer ends March 31, 2024
It’s a cash-only savings account to help you grow your money faster. You don’t pay tax on the interest you earn, and you can access your money any time.
Whether you’re saving for a new car or turning your current home into your dream home, a CIBC TFSA Tax Advantage Savings Account can help you get there sooner.
Grow your savings, tax-free
Start saving today and pay no taxes on the interest earned.
Access your money anytime
Make tax-free withdrawals. You can re-contribute the amount you’ve withdrawn next year or later.
Boost your savings
Grow your money even faster with compounding interest.
Contribute to your TFSA for life
Unlike an RRSP, you don’t have to close your TFSA at a set age.
Contribution limit for 2024
Maximum contribution limit
Canadians with a TFSA
Open a TFSA Tax Advantage Savings Account® to grow your savings
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