CIBC High Interest Savings Account (CTC)

1.60%

Current interest rate*

CIBC High Interest Savings Account (CMI)

1.45%

Current interest rate*

A well diversified portfolio includes a cash component that offers investors liquidity and convenience.

With the CIBC High Interest Savings Account, you can enjoy these advantages but also benefit from high earning potential and added security on the cash portion of your investment portfolio.

Available for registered and non-registered investments, this account is an ideal vehicle for your short-term cash requirements.

The CIBC High Interest Savings Account is offered by CIBC Trust Corporation and CIBC Mortgages Inc.

Key Benefits

Earning Potential
 

  • Greater earning potential with higher interest rates
  • Interest accrued daily and paid monthly

Added Security
 

  • Eligible for CDIC Insurance
  • Offered by CIBC Trust Corporation and CIBC Mortgages Inc.
  • CIBC Trust Corporation and CIBC Mortgages Inc. are affiliates of CIBC and are members of CDIC

Greater Convenience
 

  • No maturity date or lock-in period
  • Access to savings at any time without penalty

Product Features

Product Name    

CIBC High Interest Savings Account (CTC) Series A: ATL5002
CIBC High Interest Savings Account (CTC) Series F: ATL5003
CIBC High Interest Savings Account (CMI) Series A: ATL5004
CIBC High Interest Savings Account (CMI) Series F: ATL5005  

CDIC Eligible

Yes

Issuer Information

CIBC High Interest Savings Account (CTC) is issued by CIBC Trust Corporation and CIBC High Interest Savings Account (CMI) is issued by CIBC Mortgages Inc.

Investment Type

High interest rate account

Eligibility

Registered and non-registered plans, including Tax-Free Savings Accounts

Currency

Canadian dollar

Minimum Initial Investment

CIBC High Interest Savings Account (CTC): $50
CIBC High Interest Savings Account (CMI) Corporate Series: $50

Maximum Investment

CIBC High Interest Savings Account (CTC):

  • Unlimited where held by an individual
  • $7,500,000 where held by a corporation

CIBC High Interest Savings Account (CMI) Corporate Series: $50,000,000

Characteristics

Unlimited number of deposits and withdrawals

Investment Returns

For current interest rates, speak with your advisor. Interest rate subject to change at any time without prior notice. Interest is calculated daily on opening balance and paid monthly to the account as reinvested distributions.

Marketing Materials

Investor Essentials (PDF, 50 KB) Opens a new window in your browser.

Product Features and Terms and Conditions (PDF, 65 KB) Opens a new window in your browser.