Today's Rates

PrintPrint page

Select from a category below to see today's great rates.

Today's CIBC prime rate %
effective

Bank Account Interest RatesOpen Bank Account Interest Rates Dialog

go toNo Fee Bank Account

This table lists the No Fee Bank Account annual interest rates.
On the Portion of Balance Between: Annual Interest Rate (%)
$0.00 - $1,000.00
$1,000.01 - $5,000.00
$5,000.01 - $10,000.00
$10,000.01 - $25,000.00
$25,000.01 and up

Interest is calculated on the balance of your account at the end of each day and is paid into your account monthly. Rates subject to change.

Overdraft

This table displays overdraft interest rates
Daily Balance Annual Rate (%)
On all overdraft balances

A go tomonthly charge will apply when you use this service, in addition to a fixed interest rate on overdraft balances.

go toInterest Plus™ Savings Account


This table displays Interest Plus Savings Account interest rates
Daily Balance Annual Rate (%)
$0.00 and up

Interest is calculated on each day's closing balance and is paid into your account monthly. Rates are subject to change without notice. For our current rates and bonus rate levels, visit pcfinancial.ca/rates or call 1-888-723-0723 for more information.

Credit Card Interest RatesOpen Credit Cards Interest Rates Dialog

go toPC® Financial MasterCard® and PC Financial World MasterCard


For current rates, click below:

Mortgage Interest RatesOpen Mortgage Interest Rates Dialog

go to Variable Rate Mortgage

This table lists the Variable Rate Mortgage interest rate.
Term Rate %1
5 year

go toFixed Rate Mortgages

With our Fresh Cut mortgage, you'll earn 2,500 PC points for every full $1,000 of your total balance at the time of closing. On a $200,000 mortgage that would equal $500 worth of PC points for you to use towards groceries and more.

This table lists the fixed rate mortgage interest rates.
Term Fixed rate (%)  
Fresh Cut No Points Fresh Cut2 PC Points plus (standard) Special** Rates
2 year 2.14i
(Fresh Cut No Points only)
3 year  
4 year 2.39ii
(Fresh Cut & Fresh Cut No Points only)
5 year 2.47iii
(Fresh Cut No Points only)
6 year  
7 year  
8 year  
9 year  
10 year  

Rates subject to change.

5% Cash Back Mortgage3

This table lists the 5% Cash Back Mortgage interest rates.
Term Fixed Rates (%)
5 year
7 year
10 year

Rates subject to change.

Other Cash Back and Basic Mortgages

See posted rates for Cash Back Mortgages 1.5%, 2%, 3% & 4% and Basic Mortgages.

Convertible Mortgages

This table lists the Convertible Mortgage interest rates.
Term Fixed Rate (%)
6 month
12 month

Minimum amount for a President's Choice Financial mortgage is $35,000.00. Mortgages are subject to credit approval. Some conditions and restrictions apply. Rates subject to change.

1Rate is based on a new variable rate mortgage with a 5 year term and 25 year amortization and CIBC prime rate. The interest rate is variable and is based on prime and fluctuates as prime changes. Prime means the variable interest rate declared by CIBC from time to time to be the CIBC prime rate for Canadian dollar loans made by CIBC in Canada. CIBC prime rate is subject to change. Your rate will vary whenever CIBC prime rate varies.

2Anniversary PC points are not available on Fresh Cut mortgages.

3Cash back offer cannot be combined with any other offer. You must repay the entire Cash Back Amount to us at the time of amendment, discharge, payout, transfer, assignment, refinance, port, assumption, conversion, early renewal, or sale under power of sale or foreclosure. Cash back offer is not transferable and is available only on 5, 7 or 10 year closed, fixed rate mortgages. Offer may be limited or cancelled at any time and cannot be combined with other offer(s). Other conditions apply; ask for details.

** Annual Percentage Rate (APR) is based on a new $400,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $250. Rates shown for the applicable term are PC Financial’s special discounted rates and are not posted rates of PC Financial. Offer may be changed, withdrawn or extended at any time, without notice. Offer cannot be combined with other offers and is not available on variable rate, basic or cashback fixed rate mortgages, existing PC Financial mortgages or mortgage renewals.

APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.

i2.17% APR (Fresh Cut No Points only)
ii2.41% APR (Fresh Cut and Fresh Cut No Points only)
iii2.49% APR (Fresh Cut No Points only)

Open Investments Interest Rates DialogInvestments Interest Rates

go toGIC/RGIC

This table lists the GIC and RGIC interest rates.
GIC/RGIC term Rate (%)1 APY (%)2
1 year
2 year
3 year
4 year
5 year

Rates subject to change.

Interest is calculated on each day's closing balance based on the simple interest rate and is paid or compounded (depending on the interest option chosen) at the end of each month. Your GIC is non-redeemable and must be held for the entire term.

1Simple annual interest rate
2Annual percentage yield (APY) - the effective interest rate, illustrating the effect of compounding, or earning of interest on interest

go toInterest Plus™ RRSP

This table displays Interest Plus RRSP interest rates
Daily Balance Annual Rate (%)
$0.00 and up

Rate subject to change. Interest is calculated on each day's closing balance and is paid into your account monthly.

go toTax-Free Interest Plus™ Savings Account

This table displays Tax-Free Interest Plus Savings Account interest rates
Daily Balance Annual Rate (%)
$0.00 and up

Rate subject to change.

Remember, contributions in excess of your personal contribution room will be subject to a 1% per month penalty tax.
Interest is calculated on each day's closing balance and is paid into your account monthly.

Borrowing Interest RatesOpen Borrowing Interest Rates Dialog

go toPersonal Line of Credit

This table lists the Personal Line Of Credit Account interest rate.
Daily Balance Annual Rate (%)
On all outstanding balances Competitive rate based on jump toprime*

For more information about our personal line of credit rates, please contact us at 1-888-723-8881 or visit an in-store pavilion.

Interest is calculated on the final daily balance of your line of credit account and is charged to your borrowing account at month-end.

*The personal line of credit rate is based on prime plus a percentage determined at the time of credit approval. Your rate will depend on your credit position. Prime means the variable interest rate declared by CIBC from time to time to be the CIBC prime rate for Canadian Dollar loans made by CIBC in Canada. CIBC prime rate is subject to change. Your rate will vary whenever CIBC prime rate varies and/or whenever we change your variable interest rate in our sole discretion.

go toSecured Line of Credit

This table lists the Secured Line Of Credit Account interest rate.
Daily Balance Annual Rate (%)
On all outstanding balances Get a competitive low rate on our secured borrowing account**

** All credit products are subject to credit approval. Some conditions and restrictions apply; ask for details. $15,000 minimum borrowing amount. Subject to credit approval. A $150 setup fee for processing, appraisal and registration applies. Not available in Quebec or on properties located in Nunavut, NWT and Yukon. Additional conditions and restrictions apply; ask for details.

go toPersonal Loan


Variable Rate Loan

For information about our variable rate loans, please contact us at 1-888-723-8881, or visit an in-store pavilion.

Fixed Rate Loan

This table lists the Fixed Rate Loan interest rate.
Term of Loan Annual Rate
On all outstanding balances Competitive fixed rates*

*Your rate will depend on your credit position. Subject to credit approval. Conditions and restrictions apply.
Rates subject to change.

Open Prime Rate DialogPrime Rate
This table lists the current prime rate.
Effective Date Prime Rate (%)*

* Rate based on CIBC prime, Prime means the variable interest rate declared by CIBC from time to time to be the CIBC prime rate for Canadian Dollar loans made by CIBC in Canada. CIBC prime rate is subject to change. Your rate will vary whenever CIBC prime rate varies and/or whenever we change your variable interest rate in our sole discretion.