Good To Grow High Interest Savings Account

The Good To Grow High Interest Savings Account (HISA) is the new name for Meridian's Online Advantage Savings account (OAS). The account was renamed to celebrate the launch of exciting new features, listed below.   

With a rate so high, you'll be glad you compared*.

​Meridian

​1.50%

​RBC

​0.65%

​CIBC

​0.65%

​TD

​0.55%

​Scotiabank

​0.90%

​BMO

​0.50%

​Tangerine

​0.80%

​PC Financial

​0.80%

 Posted as of August 20, 2015

 

 

 

Whether you are just starting to save or are looking to earn higher interest on savings already accumulated, this account will help you achieve your savings goals faster.

  • Earn a market leading rate of 1.50% on every dollar (NEW!)

  • Unlimited free transactions, including transfers, debit and ABM transactions (NEW!)

  • No monthly fees

  • Two automatic savings options are available to help you reach your savings goals faster:

    • Save as you spend. Every time you make a purchase or ABM withdrawal, automatically transfer between $1 and $5 from your Maximiser chequing account to your Good To Grow HISA account.

    • Pay yourself first. Automatically transfer a percentage of each Maximiser chequing account direct deposit into your Good To Grow HISA account.

Use our calculator to see how you can achieve your savings goals.

  • A Meridian Member debit card is available on non-registered accounts. It's a smart, secure, fast and convenient way to access funds.

  • Available for Tax Free Savings Accounts (TFSA) and Registered Retirement Savings Plan (RRSP) accounts.

Sign up online in minutes for a Good To Grow HISA now!

Account Access
​Online, Mobile & Telephone Banking
  • ​Access your account 24/7. In-branch personal service is not available for this account.
​ABM and Debit
  • ​Unlimited free ABM and Debit transactions.
  • Surcharge free access to thousands of ABMS through The EXCHANGE® Network
  • Interac® & Cirrus® System ABM network access fees apply.
  • Not available for TFSA & RRSP accounts.
​Pre-Authorized Debit & Bill Pay
  • ​Not available on this account.
Ways to Move Money
​Transfers between Meridian accounts
  • ​Free
​Interac® e-transfer
  • ​$1.25 each. Available on non-registered accounts.
  • Not available on TFSA or RRSP accounts.

​Money Mover Transfer Service, an easy way 
to move money to your Meridian account from other Canadian Financial Institutions
  • ​Transfers-in from other financial institutions are available on non-registered & TFSA accounts. Not available on RRSP accounts.
Record Keeping 
Quarterly Statements
  • ​Online Statements are free.
  • Paper Statements are $1.50.

Account features and rates are subject to change without notice. For more information on account and service fees, see Meridian Personal Accounts and Services. 

 
 

*Our 1.50% rate is better than the big banks, Tangerine and PC Financial and is based on a direct comparison of Meridian’s featured Good To Grow High Interest Savings Account against the big banks’ posted rates for balances at $5,000 for comparable offerings posted online on their respective websites, as of Aug 20, 2015. Big banks are defined as: Toronto Dominion Bank, Royal Bank of Canada, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce. Rates shown are on an annualized basis.

 ™Trademarks of Meridian Credit Union Limited.
Deposit Anywhere™ is a trademark of Central 1 Credit Union and used with their permission.
THE EXCHANGE® Network. User licensed in Canada by FICANEX SERVICES Limited partnership on behalf of Fiserv EFT.
Interac® and Cirrus® trademarks used under arrangement with their owners.

 
Meridian Credit Union