Rate option 1
0.05%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Savings Account
CAD
CDIC Insured
CIBC
CIBC RRSP Daily Interest Savings Account
Build your retirement savings with guaranteed principal and tiered daily interest. An ideal RRSP starter account with complete access to your money.
Interest rate
0.05%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$25
EARNINGS
Rates and interest details
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$25
Maximum depositNot listed
Included transactionsNot listed
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Transfer-Out Service Fee$100 fee to transfer all or part of funds to another financial institution. | - | One-Time Charge | - |
ACCOUNT EXPERIENCE
Features and benefits
No Monthly Fees
No monthly fee.
CDIC Insured
Eligible for CDIC Insurance.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified
CDIC Insured: Eligible for CDIC Insurance.
COVERAGE
Registration, networks and availability
Registration options
- RRSPRegistered Retirement Savings Plan
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with CIBC before opening the account.