5-Year Escalator GIC
5-YEAR ESCALATOR GIC
A flexible, 5-year tiered-rate GIC with rates that increase each year. Available for TFSA, RRSP, or RRIF plans.
Flexibility
Transferable to a non-redeemable term on each anniversary date
Low minimum
Start investing for as little as $100
Safe and secure
Eligible deposits are Financial Services Regulatory Authority (FSRA) insured*
Tax Free Savings Account
Registered Retirement Savings Plan
Registered Retirement Income Fund
Rates
Tiered rates that increase each year
Increase your earnings the longer your hold your 5-year Escalator GIC
| Year 1 | 3.40% |
|---|---|
| Year 2 | 3.45% |
| Year 3 | 3.60% |
| Year 4 | 3.65% |
| Year 5 | 3.90% |
| Yield | 3.60% |
Mobile app
“I really enjoy how simple the app is. It’s easy get help and I get to do all my banking straight from my phone.”
Meridian Member
Open in the app
Open your GIC investments easily, right in the mobile app.
Go paperless
Keep track of your account activity with monthly eStatements
Member benefits
Explore the app and discover what Meridian has to offer Members.
Around here, opening a GIC investment is simple
1
Complete your Member application online
2
Sign in using online banking or the mobile app
3
Fund your investment using one of the available options