High Interest Savings Account

As market conditions change, CIBC regularly reviews interest rates paid on business accounts to ensure they are competitive and inline with current market conditions.

Based on their recent review, and with these considerations in mind, the interest rate on our Canadian dollar business operating account(s) will be adjusted effective December 4th, 2020, as outlined in the following chart.

In regards to all existing accounts or new accounts currently in the process of being opened under the HISA Pooled Funds Program as of December 4th, 2020, the following interest rates will apply. All Funding to qualify for this rate will need to be in the accounts before December 18th, 2020. A restricted maximum per account will be $2.0 million.

Screenshot 2020 12 04 133450

** MAP - Monthly Average Prime Rate

In regards to all new HISA Pooled Funds accounts initiated after December 4th, 2020 and for any additional funds added to any existing accounts after December 18th 2020, the following interest rates will apply.

 Capture

** MAP - Monthly Average Prime Rate

To obtain an application, please contact Bob Audoux at 902-424-7172 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.