Ratesopedia

Pros & Cons

Pros

  • +No monthly fee
  • +Competitive interest rate (2.25%)

Cons

  • Limited transactions

Current Promotion

Take advantage of CIBC’s RRSP Daily Interest Savings Account to save securely for your retirement.

Benefit from interest calculated daily and paid monthly with no monthly fees.

Start saving with a minimum investment of just $25, while guaranteeing your principal and interest.

Access your funds at any time with this flexible account.

Account Features

  • E-StatementNot included
  • Unlimited TransactionsNot included
  • Unlimited Interac e-TransfersNot included

Terms and conditions

  • Interest calculated daily and paid monthly
  • No monthly fees
  • Minimum investment of $25
  • Guaranteed principal and interest
  • Full access to your funds at all times
  • Tiered interest rates

Related Accounts

*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 CIBC. All trademarks are property of their respective owners.