Maximizing your RRSP | CIBC (2024)

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Maximizing your RRSP | CIBC (11)

Borrowing for an RRSP

Maximizing your RRSP | CIBC (12)

Take advantage of unused portions of your RRSP and get a refund on your tax return.

Apply online, find a branch, or call 1-866-525-8622

RRSP products to consider:

Borrow at the low CIBC Prime Rate of RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)%1 to top up your CIBC RRSPs, with payments spread out over 12 months.

Borrow between $1,000 to $50,000 at a low interest rate to top up your RRSPs, with payments spread out over periods of up to 10 years.

Use the equity in your home to get a lower-interest rate line of credit that you can use to top up your RRSPs. Only pay interest on the amount you use.

Compare these products

Related Articles:

Rates (as of RDS%SYSTEM_DATE(#M# #d#, #Y#)%)

All loans offer fixed and variable rates based on CIBC Prime1 Rate:RDS%rate[1].PRIME.rate(null,null,null,null)(#O2#)%

More information

Maximizing your RRSP | CIBC (2024)
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