[CIBC] CIBC Registered Plan 2% Transfer-In Cash Incentive Offer (10K min transfer) ($3K max bonus per product type)

This offer allows you to buy GICs. For those who just want a 1 yr guaranteed ~4.6% then this might be for you.

1 year GICs are currently advertised at 2.7%
https://www.cibc.com/en/personal-bankin … -rate.html

Add the 2% bonus and you arrive at 4.7% (but note this doesn’t take in account any timing inefficiencies or GIC rate changes). I do not know if CIBC reimburses transfer out charge from other institution – thus it might work out to an effective return of something like 4.6% on a 100K transfer.

January 5, 2026 – Offer begins
April 30, 2026 – Last day to initiate a qualifying transfer.
June 30, 2026 – Deadline for transferred assets to arrive in the CIBC registered plan
February 28, 2027 – End of mandatory holding period (funds must remain until this date) March 31, 2027 – CIBC pays out the 2% bonus

Note – The transfer of assets into a Qualifying CIBC Registered Plan Product must be initiated at a CIBC Banking Centre during the Offer Period and within 30 days of the earlier of: (i) the date that a new Qualifying CIBC Registered Plan Product is opened (as applicable); or (ii) April 30, 2026

Note – Minimum transfer per transaction: $10,000

Maximum Bonus per Product type
RRSP Daily Interest Savings Accounts
$3,000
RRIF Daily Interest Savings Accounts
$3,000
TFSA Tax Advantage Savings Accounts
$3,000
CIBC Market Linked GICs
$3,000
CIBC Bonus Rate GICs, CIBC Flexible GICs
$3,000
Qualifying CIBC Registered Plan Products offered by SI
$3,000
Qualifying CIBC Registered Plan Products offered by ISI
$3,000

Statistics: Posted by kingsford — Jan 8th, 2026 5:19 pm

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