Access your money any time you need it, with no penalty. Plus, it’s available for non-registered and TFSA plans.
Fast track your short-term savings goals with our very competitive rate of 1.75%.
You don’t need lots of money to get started. The minimum deposit is only $100.
If cashed out between 91-180 days: 1.25% If cashed out between 181-364 days: 1.50% At maturity (1 year): 1.75%
$100
You can access your cash anytime, with no penalty
Interest is paid at maturity, or when the GIC is cashed out.
You earn more interest the longer you keep your money invested – up to 1.75%.
If you withdraw funds within the first 90 days, no interest is paid.
Explore all rates
You want short-term savings with a great interest rate
You want the option to access your money any time
You have a minimum of $100 to invest
18-month GIC 3-year Escalator GIC High Interest Savings Account
GICs: What they are, how they work, and why you need one Explore all rates
1Interest rates shown are subject to change without notice and are on a per annum basis. The 1-year Cashable GIC, if cashed prior to maturity, earns 0.00% if held for 90 days or less, 1.25% if held for 91-180 days and 1.50% if held for 181-364 days. If held to maturity (1 year), 1.75% interest is earned and paid. The minimum required investment in the 1-year Cashable GIC is $100; the maximum investment is $2,000,000 per Member. For further details on terms and conditions, visit a branch near you or meridiancu.ca. All insurable non-registered deposits are covered up to $250,000. Insurable deposits in registered accounts have unlimited deposit coverage. For further information on deposit insurance, please ask for a brochure at the credit union or visit DICO’s website. ™Trademark of Meridian Credit Union Limited. 03/2020