Products - High Interest Savings Account
A well diversified portfolio includes a cash component that offers investors liquidity and convenience.
With the Renaissance High Interest Savings Account, you can enjoy these advantages but also benefit from high earning potential and added security on the cash portion of your investment portfolio.
Available for registered and non-registered investments, this account is an ideal vehicle for your short-term cash requirements.
Key Benefits
Earning PotentialGreater earning potential with higher interest rates
Interest accrued daily and paid monthly
The Renaissance High Interest Savings Account is eligible for CDIC insurance.
Offered through CIBC Asset Management Inc. and issued by CIBC, one of North America’s leading financial institutions
Canadian Imperial Bank of Commerce is a member of CDIC
Available in Canadian and U.S. dollars
No maturity date or lock-in period
Access to savings at any time without penalty
Easy switching between Renaissance Investments family of funds and Axiom Portfolios
Product Features
Renaissance High Interest Savings Account Series A: ATL5000
Renaissance High Interest Savings Account Series F: ATL5001
Renaissance U.S. Dollar High Interest Savings Account Series A: ATL5500
Renaissance U.S. Dollar High Interest Savings Account Series F: ATL5501
The Renaissance High Interest Savings Account is eligible for CDIC insurance.
Product issued by Canadian Imperial Bank of Commerce.
High interest rate bank account
Registered and non-registered plans, including Tax-Free Savings Accounts
Canadian dollar or U.S. dollars
Renaissance High Interest Savings Account: $50
Renaissance U.S. Dollar High Interest Savings Account: $50 (in U.S. dollars)
Renaissance High Interest Savings Account
Unlimited where held by an individual
$7,500,000 where held by a corporation
Renaissance U.S. Dollar High Interest Savings Account
Unlimited where held by an individual
$7,500,000 where held by a corporation (in U.S. dollars)
Unlimited number of deposits and withdrawals
Investment Return
For current interest rates, visit www.renaissanceinvestments.ca. Interest rate subject to change at any time without prior notice.
Interest is calculated daily on opening balance and paid monthly to the account as reinvested distributions.
*Interest rate quoted is annual for Class A units, effective August 09, 2023, and may change at any time without prior notice. For current rates, speak with your advisor or visit www.renaissanceinvestments.ca.
†Your dealer may have its own minimum investment requirement.
The Renaissance High Interest Savings Account is offered by Canadian Imperial Bank of Commerce (CIBC) through its wholly owned subsidiary CIBC Asset Management Inc. (CAMI). The Renaissance High Interest Savings Account is eligible for CDIC insurance, subject to CDIC rules and regulations. Renaissance Investments is offered by CIBC Asset Management Inc. The material and/or its contents may not be reproduced or distributed without the express written consent of CIBC Asset Management Inc.
