♢ The GICs are fixed rate products and are non-redeemable before maturity. Interest rates are annual interest rates.
Posted rates are annual rates and are current as of RDS%SYSTEM_DATE(#M# #d#, #Y#)% and may be changed or withdrawn at any time without notice.
Interest will not be earned after the GIC matures.
For GIC terms of less than 1-year, simple interest is calculated and paid at maturity. For GIC terms of 1 year or more, compound interest is calculated annually and paid at maturity.
† Your total interest rate is annual and calculated by adding the posted rate and your promotional rate.
Posted rates are annual rates and are current as of today’s date RDS%SYSTEM_DATE(#M# #d#, #Y#)% and may be changed or withdrawn at any time without notice.
Promotional Rates (The following section only applies if above indicates your GIC is subject to a promotional rate)
A. Promotional rates are as of today’s date RDS%SYSTEM_DATE(#M# #d#, #Y#)%.
B. Promotional rates are subject to change at any time. Rates shown are annual rates. Promotional rates apply only to new GIC purchases and will not apply to any subsequent renewals. Promotional rates are not applicable for non-personal clients.
C. The promotional rate indicated above may not be combined with any other rate offer.
‡ Annual rate is current as of RDS%SYSTEM_DATE(#M# #d#, #Y#)% and may be changed or withdrawn at any time without notice. The rate applies to a 1-year, non-redeemable CIBC Bonus Rate GIC (non-registered and registered).
For the non-registered Bonus Rate GIC, the rate is for the $1,000 to $4,999 investment tier (refer to GIC rates). This rate is only applicable for the ‘At maturity’ interest payment frequency. Promo and total interest rates may be lower if you select a different interest payment frequency.
Interest on non-registered GICs: For terms less than 1 year, simple interest is calculated and paid at maturity. For terms 1 year or more, simple interest is calculated and paid monthly, semi-annually or annually, depending on the payment option you select; or, compound interest is calculated annually and paid at maturity. For the monthly payment option, the annual interest rate will be 0.25% less than the rate shown (except if held by clients who are 60 years of age and older). For the semi-annual payment option, the annual interest rate will be 0.125% less than the rate shown.
Interest on registered GICs: For terms of 1 year or less, simple interest is calculated and paid at maturity. For terms over a year, compound interest will be calculated annually and paid at maturity.
For GIC terms of less than 1-year, simple interest is calculated and paid at maturity. For GIC terms of 1 year or more, compound interest is calculated annually and paid at maturity.
1 Rates are fixed for each GIC’s term. The minimum investment is $5,000 for a 30-day term and $1,000 for terms over 30 days. The maximum is $999,999.
To invest in terms of 30, 90, 180 or 270 days, please visit a CIBC Banking Centre Opens in a new window. or call CIBC Telephone Banking at Opens your phone app. Opens your phone app.1-800-465-3863 Opens your phone app..
Interest calculation: For terms less than one year, simple interest is paid at maturity. For terms one year or more, simple interest is calculated and paid monthly, semi-annually, or annually, depending on the payment option you select; or, compound interest is calculated annually and paid at maturity. For the monthly payment option, the annual interest rate will be 0.25% less than the rate shown (except if held by clients who are 60 years of age and older). For the semi-annual payment option, the annual interest rate will be 0.125% less than the rate shown. A Bonus Rate GIC will automatically reinvest into a Bonus Rate GIC for the same term. You can change reinvestment instructions by visiting a CIBC Banking Centre Opens in a new window.. You can also call CIBC Telephone Banking at Opens your phone app.1-800-465-3863 Opens your phone app.. Where the maturity date falls on a non-business day the GIC will mature on the next business day.
2 Rates are fixed for each GIC’s term. The minimum investment is $25 for an RRSP GIC (non-redeemable and redeemable), $200 for an RRIF and LIF GIC, and $500 for a Bonus Rate RRSP GIC, Bonus Rate TFSA GIC, Bonus Rate RRIF and Bonus Rate LIF GIC. The maximum investment is $999,999. To open a CIBC RRIF or LIF account, you need a minimum balance of $5,000.
To invest in the Bonus Rate RRIF and LIF GIC, the RRSP GIC (non-redeemable and redeemable) and the RRIF and LIF GIC, please visit a CIBC Banking Centre Opens in a new window.. Or call CIBC Telephone Banking at Opens your phone app. Opens your phone app.1-800-465-3863 Opens your phone app..
Interest calculation: For terms of one year or less, simple interest is calculated and paid at maturity. For terms over a year, compound interest will be calculated annually and paid at maturity. If a GIC is redeemed before maturity to transfer funds to the same account type at another financial institution, no interest will be paid and a transfer fee will apply. Your registered CIBC GIC will automatically reinvest into the same registered CIBC GIC for the same term. You can change reinvestment instructions by visiting a CIBC Banking Centre Opens in a new window.. Or you can call CIBC Telephone Banking at Opens your phone app. Opens your phone app.1-800-465-3863 Opens your phone app..
3 Rates are fixed for each GIC’s term. The minimum investment is $2,500 ($500 for each of the 5 GIC terms) and the maximum is $4,999,999 ($999,999 for each of the 5 terms).
Interest calculation: Choose simple or compound interest. Simple interest is calculated and paid semi-annually or annually. Compound interest is calculated annually and paid at maturity.
4 Rates are fixed for each GIC’s term. The minimum investment is $1,000 and the maximum is $999,999,999. The maximum investment amount for online purchases is $999,999.
Interest calculation: Simple interest is paid at maturity. If funds are withdrawn or transferred within 29 days of purchase, no interest will be paid on those funds.
5 Rates are fixed for each GIC’s term. The minimum investment is $500 and the maximum is $999,999.
Interest calculation: Simple interest is paid at maturity. If funds are withdrawn or transferred within 29 days of purchase, no interest will be paid on those funds. If a GIC is redeemed before maturity to transfer funds to the same account type at a different financial institution, no interest will be paid and a transfer fee will apply.
6 Rates are variable and equal to the CIBC Prime Rate less a fixed spread. They will change one day after the CIBC Prime Rate changes. The minimum investment is $1,000, the maximum investment is $999,999,999. The maximum investment amount for online purchases is $999,999.
Interest calculation: Simple interest is paid at maturity. If funds are withdrawn or transferred within 29 days of purchase, no interest will be paid on those funds.
7 Rates are fixed for each GIC’s term. The minimum investment is $500 and the maximum is $999,999 for non-registered and $1,000,000,000 for registered options.
Interest calculation: Choose simple or compound interest. Simple interest is calculated and paid semi-annually or annually. Compound interest is calculated annually and paid at maturity.
Full or partial redemptions are only allowed on or up to seven days after each anniversary of the purchase date. If you redeem within 7 days after an anniversary date, you get interest up to the redemption date based on the preceding years’ interest rates disclosed at time of purchase.
8 Rates are fixed for each GIC’s term. The minimum investment is $500 and the maximum is $999,999.
Interest calculation: Choose simple or compound interest. Simple interest is calculated and paid semi-annually or annually. Compound interest is calculated annually and paid at maturity.
9 Rates are fixed for each GIC’s term. The minimum investment is $500 and the maximum is $1,000,000,000. To open a CIBC RRIF or LIF account, you need a minimum balance of $5,000.
Interest calculation: Compound interest is calculated annually and paid at maturity. If a GIC is redeemed before maturity to transfer funds to the same account type at another financial institution, no interest will be paid and a transfer fee will apply.
10 Rates are fixed for each GIC’s term. The minimum investment is $1,000 for all interest payment options except monthly. The minimum investment for the monthly interest payment option is $5,000. The maximum is $999,999,999.
For terms one year or more, simple interest is calculated and paid monthly, semi-annually, or annually, depending on the payment option you select; or, compound interest is calculated annually and paid at maturity. For the monthly payment option, the annual interest rate will be 0.25% less than the rate shown (except if held by clients who are 60 years of age and older). For the quarterly or semi-annual payment option, the annual interest rate will be 0.125% less than the rate shown.
11 Rates are fixed for each GIC’s term. The minimum investment is $5,000 for terms 30 to 59 days and for all monthly interest payment options, and $1,000 for terms 60 days or greater. The maximum is $999,999.
Interest calculation: For terms less than one year, simple interest is paid at maturity. For terms one year or more, simple interest is calculated and paid monthly, quarterly, semi-annually, or annually, depending on the payment option you select; or, compound interest is calculated annually and paid at maturity. For the monthly payment option, the annual interest rate will be 0.25% less than the rate shown (except if held by clients who are 60 years of age and older). For the quarterly or semi-annual payment option, the annual interest rate will be 0.125% less than the rate shown.
12 Rates are fixed for each GIC’s term. The minimum investment is $500 and the maximum is $250,000 (principal and interest). The GIC is non-redeemable prior to maturity.
Interest calculation: Simple interest is calculated and added to your principal on each contribution date so you can benefit from continuous compounding. When it's time to cash out, your accumulated contribution amount and all earned interest are returned to you on your next scheduled contribution date.
13 Rates are fixed for each GIC’s term. The minimum investment is $5,000 for terms 30 to 59 days and for all monthly interest payment options, and $1,000 for terms 60 days or greater. The maximum is $999,999. This GIC is non-redeemable prior to maturity.
Interest calculation: Simple interest is paid at maturity.
14 Rates are fixed for each GIC’s term. The minimum investment is $25,000 and the maximum is $999,999. The GIC is non-redeemable prior to maturity.
15 CIBC Non-Redeemable Guaranteed Investment Certificates (GICs) are available for purchase in the CIBC Registered Education Savings Plan (RESP) in a CIBC Investment Account and CIBC Investment First Home Savings Account (FHSA). CIBC Non-Redeemable Guaranteed Investment Certificates (GICs) are offered by CIBC Securities Inc. (CIBC SI). CIBC SI is a subsidiary of CIBC and Member CIPF. The issuer of the GICs is CIBC Trust Corporation ("CIBC Trust").
16 Rates are fixed for each GIC’s term. The minimum investment for a CIBC Non-Redeemable GIC is $500. The GIC is non-redeemable prior to maturity. The rate may change at any time without notice.
Interest calculation: Simple interest is paid at maturity.
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