18-MONTH GIC
A risk-free way to grow your money without locking in long-term. Available for non-registered, TFSA, RRSP, and FHSA accounts.
Guaranteed returns
Earn higher interest over a shorter team. Get a guaranteed return without locking your money away long term.
Low minimum
It’s easy to get started. The minimum investment amount for the 18-month GIC is just $100. Great for short-term savings.
Safe and secure
Eligible deposits in registered accounts have unlimited coverage by the Financial Services Regulatory Authority of Ontario (FSRA). The FSRA insures eligible deposits in non-registered accounts up to $250,000.
Non-registered investment
Tax Free Savings Account
Registered Retirement Savings Plan
First Home Savings Account
Rates
Flexible investment options for your short, or long-term goals
| 1 Year | 3.40% |
|---|---|
| 18 Month | 3.65% |
| 2 Year | 3.80% |
| 3 Year | 4.00% |
| 4 Year | 4.10% |
| 5 Year | 4.20% |
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