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You can always count on President's Choice Financial® services to give you great ways to get the most out of your money. And now, we've† added the Tax-Free Interest PlusTM savings account to our existing menu of high interest savings options.
Here are some of the benefits you'll enjoy:
Don’t pay tax on savings interest! Open your Tax-Free Interest Plus savings account today.
Apply today!
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◊Rates are annual and are subject to change. Interest is calculated on each day’s closing balance and is paid into your account monthly.
1You will not pay income taxes on any interest amount earned. Contributions in excess of your annual contribution limit will be subject to a penalty tax.
2Anniversary bonus interest is based on the average of your daily closing balances over the year and is paid into your account the next business day after your anniversary date.
3Funds are not taxable even when withdrawn. Any withdrawals made from your account during the year will be added to your contribution room for the next calendar year. Transfers between Tax-Free savings accounts will leave your annual contribution room unchanged.
®™ PC, President's Choice, President's Choice Financial, Interest Plus and Fresh Financial Thinking are trademarks of Loblaws Inc. CIBC is a licensee of the marks.
†President’s Choice Financial personal banking services are provided by the direct banking division of CIBC.
† President's Choice Financial services are provided by the direct banking division of CIBC.
President's Choice Financial MasterCard is provided by President's Choice Bank.