Savings Account CAD CDIC Insured
CIBC

CIBC TFSA Tax Advantage Savings Account®

An account that gives you daily interest, tax-free. Access your money anytime and set up recurring deposits to grow your savings faster.

Rate up to 0.25%
Monthly fee No monthly fee
Transactions Not listed
Minimum deposit $25
CURRENT OFFERS

Promotions and account value

Offer summary

Earn 4.00% interest on new deposits (Limited Time Offer).

Welcome offer

Earn a combined annual interest rate of 4.00% on new deposits made between Jan 5, 2026 and Mar 31, 2026.

EARNINGS

Rates and interest details

Promotional rate 0.25%
Promotional
Compounding
Monthly
Calculation
Daily Closing Balance

4.00% promotional interest on new deposits until Mar 31, 2026.

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

FeeAmountFrequency or allowanceAdditional 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

  • TFSATax-Free Savings Account
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.

Product information last reviewed or updated Mar 12, 2026.