Meridian Credit Union is offering an 18-month non-redeemable New Money GIC. Its product page showed a 3.80% annual rate on August 22, 2026, but Meridian can change the rate without notice and may withdraw the offer.
New and existing retail or business members in good standing can participate. The investment must exceed $100, and all GICs bought under the offer are capped at a cumulative $5 million per member. Purchases are available through a Meridian branch or its Contact Centre, not online.
Qualifying funds must come from outside Meridian, Aviso and Qtrade and cannot have been held with any of those providers during the preceding 180 days. Eligible registrations are non-registered, TFSA, FHSA, RRSP and RRIF GICs. The GIC cannot be redeemed before maturity, and interest is calculated daily and paid at maturity.