Tax-Free Savings Account (TFSA)

Start saving tax-free today

A Tax-Free Savings Account (TFSA) is designed to meet your short- or long-term investment goals.

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Special offer: Under 25? Trade for free in your TFSA account. Find out how

Benefits of TFSAs

CIBC Investor’s Edge gives you the tools and support you need to start saving today.

Get tax benefits by earning investment income, tax-free.

Access your money any time with tax-free withdrawals and the freedom to re-contribute previously withdrawn amounts in the next calendar year.

Save for a variety of goals. Travel, car, home renovation? Up to you!

No annual administration fee, regardless of your balance ⁠— make the most of your savings!
Make TFSA contributions even easier by setting up a Regular Investment Plan. Tell us how much and when, and we'll automatically debit your bank account.

Wide variety of investment choices, from stocks and ETFs to options

Power up your trades with our tools and research

Pay just $6.95 or less per online stock or ETF trade

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A Tax-Free Savings Account (TFSA) helps you grow your money faster because you don’t pay taxes on the interest or investment income you earn.

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It's secure, fast and easy.

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