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Tax-Free Interest Plus Savings Account strawberry

You can always count on President's Choice Financial® services to give you great ways to get the most out of your money.

With our Tax-Free Interest Plus Savings Account, these 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!

If you already bank online with us

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by selecting the orange apply now button.

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If you don’t have any accounts with us

Request to open an account today.


Rates are annual and are subject to change. Interest is calculated on each day’s closing balance and is paid into your account monthly.
1Anniversary 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.
2Funds are not taxable even when withdrawn.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(other than withdrawals to correct overcontributions). Transfers between your own Tax-Free savings accounts will leave your personal contribution room unchanged.
3You will not pay income taxes on any interest amount earned. Contributions in excess of your personal contribution room will be subject to a 1% per month penalty tax.
®™ 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.

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