CIBC Cashable Escalating Rate TFSA GIC™

The CIBC Cashable Escalating Rate TFSA GIC offers guaranteed premium returns, interest rates that increase each year, and access to your money on each anniversary date or up to 7 days after.

With a CIBC Cashable Escalating Rate TFSA GIC, you deposit money with us for 3 or 5 years, at guaranteed interest rates. Your original investment amount is always guaranteed in full - even if you withdraw prior to maturity.

Interested in applying for a CIBC TFSA GIC?

Purchase online, call Telephone Banking1 at 1-800-465-2422 or visit one of our branches.

Type	Cashable
Minimum investment	$500
Terms available	3 and 5 Years
Access to funds	You can withdraw all or some of your money (minimum $500) on each anniversary date - or up to 7 days after - and still earn interest At least $500 in principal must remain on deposit after a partial withdrawal; otherwise, the full balance of the GIC will be redeemed If you redeem within 7 days after an anniversary date, you get interest to the redemption date based on the preceding year's (years') interest rate(s) disclosed at the time of purchase Other than during the annual redemption period referred to above, if a GIC is redeemed before maturity to transfer funds to a TFSA at another financial institution, no interest will be paid and a transfer fee will apply
Interest	Rate increases each year of the term Interest is compounded annually and paid at maturity
Fees	There are no fees unless you transfer all or part of your TFSA funds to another financial institution, in which case a $100 fee will apply.


	Consider a CIBC Cashable Escalating Rate GIC.


	Consider a CIBC Cashable Escalating Rate RRSP GIC.


	We recommend the CIBC Escalating Rate RRIF GIC and CIBC Escalating Rate LIF GIC.

Is it for you?

The CIBC Cashable Escalating Rate TFSA GIC could be for you if any of the following apply:

You want attractive rates over a three- or five-year term
You want the option of cashability each year
You seek the benefit of an escalating interest rate each year
You want a guaranteed return and 100% protection of your investment

Useful information:

Principal and interest are conveniently automatically renewed into a CIBC Cashable Escalating Rate TFSA GIC for the same term unless you instruct otherwise prior to maturity

Trademarks and Disclaimers

Products and their features may change at any time. This is a general description only. For more information and product terms and conditions, consult product brochures or call 1-800-465-2422.

TFSA GICs are issued and guaranteed by CIBC.

1 To buy through Telephone Banking or online, you need to have a CIBC bank account already.

™ Trademark of CIBC