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Why choose a CIBC Non-Redeemable GIC?
Guaranteed returns
Know exactly how much interest you'll earn with a fixed rate.
Save for education
Any investment income in your CIBC Non-Redeemable GIC is non-taxable while it’s in your RESP.
Multiple options
Choose from a variety of terms to meet your education goals.
Our most popular terms
| 1 year | RDS%rate[4].NOMNONRD.Published(1_null_null_Year_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 18 months | RDS%rate[4].NOMNONRD.Published(18_null_null_Months_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 2 years | RDS%rate[4].NOMNONRD.Published(2_null_null_Years_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 30 months | RDS%rate[4].NOMNONRD.Published(30_-_35_Months_D,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 3 years | RDS%rate[4].NOMNONRD.Published(3_null_null_Years_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 4 years | RDS%rate[4].NOMNONRD.Published(4_null_null_Years_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
| 5 years | RDS%rate[4].NOMNONRD.Published(5_null_null_Years_T,500.0_-_1.0E9_CAD_Balance,21,1)(#O2#)% |
For terms and posted rates†, 3, go to GIC rates.
What you need to know
Plan
Registered Education Savings Plan (RESP)
Product name
CIBC Non-redeemable GIC
Type
Non-redeemable
Access to funds
Only at maturity
For GICs with up to 1-year term, interest is paid at maturity. On all other GIC terms, interest is compounded on each anniversary date and paid at maturity.
Fees
No fees
Renewal4
You can automatically renew your GIC when it matures or deposit your Principal and interest into your CIBC Investment Account.
Not what you’re looking for?
Check out all of our GICs
