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*.
Posted as of October 2, 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 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 October 2, 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.
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