GICs
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Purchase online, call 1-866-525-8622 or visit your CIBC branch2 |
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CIBC Guaranteed Investment Certificates (GICs) provide you with safe and flexible investment options. You're guaranteed to keep what you invest, while earning competitive interest1 on your money.
Learn more about GICs
Which GIC is for me?
CIBC has a wide selection of innovative GICs, with terms ranging from 30 days to 7 years. Typically, the longer the term, the higher the rate of interest earned.
CIBC offers three main types of GICs: Cashable, Non-Redeemable and Index-linked.
Cashable GICs - Access to your money
Cashable GICs provide the flexibility to redeem early to cover an unforeseen expense (such as house repairs, job loss, or medical crisis), or to take advantage of an opportunity.
| CIBC Flexible GIC® |
A 1-year GIC with the ultimate in flexibility; access your money at any time, with interest if you redeem after 29 days 
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| CIBC Cashable Escalating Rate GIC® (3- or 5-year) |
Increasing annual rates over a 3- or 5-year term, and access to your money (with interest) on each anniversary
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| CIBC Variable Rate GIC |
The CIBC Variable Rate GIC offers an interest rate that is linked to the CIBC Prime Rate, with the flexibility to withdraw funds at any time after 30 days with interest. The annual interest rate will automatically be adjusted one day after the CIBC Prime Rate changes.
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| CIBC Redeemable GIC | Guaranteed fixed rate; withdraw your money at any time with specific early redemption rates
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Non-redeemable GICs - Maximize your returns
Non-redeemable GICs usually offer a higher rate of return. They are ideal when you know you won't need to access your money for a certain period of time and can be used to help reach financial goals, such as retirement or saving for a major purchase.
| CIBC Escalating Rate GIC® (3- or 5-year) | Premium returns over a 3- or 5-year term, with increasing annual rates
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| CIBC Bonus Rate GIC | Earn a rate above our regular rates on select short and long terms (available periodically)
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| CIBC EasyBuilder GIC™ | Maximizes returns, provides annual access to funds and reduces exposure to interest rate fluctuations
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| CIBC Short-Term GIC | A guaranteed fixed rate for terms from 30 to 364 days
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| CIBC Long-Term GIC | A guaranteed fixed rate for terms from 1 to 7 years
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| CIBC T-Bill Rate GIC | Make the most of your larger investment from 90 to 100 days; offers higher interest rates for higher balances
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| CIBC Save-Up GIC | Save up for specific goals with the discipline of a regular investment plan
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Index-Linked GICs1 - Unlimited growth potential
Index-linked GICs are a safe way to benefit from the potential returns of investing in the stock markets. As with all GICs, your principal is 100% guaranteed.
| CIBC Stock Market Advantage® GIC | Higher return potential based on the performance of a leading Canadian market index.
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| CIBC Market Mix GIC | Added diversification and higher return potential based on the performance of global market indices from Canada, Europe, Japan and the U.S.
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1 On index-linked GICs, your initial investment is guaranteed; however, the rate of return is not guaranteed other than the minimum guaranteed interest rate on the Market Mix GIC.
2 To buy through Telephone Banking or online, you need to have a CIBC bank account or CIBC GIC already.
**Terms greater than 5 years are not insured by CDIC Insurance. See the CIBC Deposit Register for a listing of deposits eligible for CDIC Deposit Insurance
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