President's Choice Financial|accounts and products|savings and investments|

strawberry Interest Plus^™ savings account

a high interest rate savings account — plus an anniversary bonus!

The Interest Plus savings account combines the flexibility of a savings account with benefits like those of an investment account to help you save for what you want today, tomorrow or in the future. Maintain a daily balance of over $1,000.00 and you'll get a competitive interest rate, plus anniversary bonus interest, so your money works harder to help you save for your future needs.

how you can benefit from the Interest Plus savings account:

interest¹ is earned on every dollar, calculated daily and paid on a monthly basis
when your daily balance is over $1,000.00, you'll get a competitive interest rate on the entire amount — plus a bonus² on each anniversary of when your account was opened
the more you save and the longer you invest, the higher your anniversary bonus
regular automatic deposits into your account make saving easier
transfer money to and from other President's Choice Financial^® accounts or accounts at any other financial institution in as little as one business day³
no daily service fees

Get bonus interest on each anniversary of when your account was opened — simply keep an average balance of over $1,000.00 each year and watch your savings grow. The more you save and the longer you invest, the higher your bonus.

You can check your balance and transfer money into your Interest Plus savings account 24 hours a day, 7 days a week through online banking, by phone or at President's Choice Financial or CIBC bank machines — all for free.

Use our handy savings rates comparison calculator to compare your current bank savings account interest rates with ours.
Please note: depending on the balance you enter, you will be shown results for either the Interest First or the Interest Plus savings account.

...or, take advantage of the Tax-Free Interest Plus^™ savings account or the Interest Plus^™ RRSP.

¹Interest is calculated on each day’s closing balance and is paid into your account monthly.
² Anniversary 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. For purposes of interest calculation, your first year starts from the account creation date and ends on the anniversary date, which is one calendar year after the account creation date.
³Transfers into your account from another President's Choice Financial account are processed immediately. Transfers from an account at another financial institution will take one business day. Transfers to another President's Choice Financial account will take one business day. Transfers to another financial institution should in most cases be processed in one or two business days but depending on the institution may require three to six business days. The Interest Plus savings account is not eligible for withdrawals through bank machine or Interac^® Direct Payment transactions.

^®™ PC, President’s Choice, President’s Choice Financial, Interest Plus and Fresh Financial Thinking are trademarks or registered trademarks of Loblaws Inc. CIBC licensee of marks.

^®Interac is Trademark of Interac Inc. CIBC authorized user of the Trademark.