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CIBC Flexible GIC®
The CIBC Flexible GIC guarantees your principal and interest, while giving you the option to cash out early without penalty.
With a CIBC Flexible GIC, you deposit money for one year. At the end of the term, we return your deposit, guaranteed. During the term, you earn interest at a guaranteed rate with the flexibility to withdraw funds at any time - with full interest earned to the date of redemption if you withdraw 30 days or more after the issue date.
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Is this GIC right for your business?
The CIBC Flexible GIC could be right for your business if any of the following apply:
- You want the ability to access funds at any time while earning a competitive rate of interest
- You want a secure investment
Useful information:
- Principal and interest can be automatically renewed or deposited into your bank account
- If you need access to some but not all of your funds, consider placing some money in a Flexible GIC, and the rest in a Long-Term GIC
- This GIC is issued by CIBC and qualifies as collateral for loans
Know how to Start Strong
Kick-start your new business with planning ideas and expert guidance from the CIBC Start Strong Program for Business.
Interested in a CIBC Flexible GIC?
Visit your local CIBC Banking CentreOpens a new window in your browser and talk to a business advisor.
