Terms and Conditions

Meridian Credit Union Limited (“Meridian”) is offering a special 18-Month Non-Redeemable Guaranteed Investment Certificate (the “New Money GIC”) with an annual interest rate published on meridiancu.ca (the “Offer”). The Offer is available, for a limited time, at the discretion of Meridian, to new and existing eligible Members (“Eligible Members”) who complete the purchase of the New Money GIC using Eligible Deposits in accordance with the process outlined below.

Eligible Members 

To be eligible to purchase a New Money GIC, an individual, corporation, or partnership must:

1. Be a new or existing Retail or Business Banking Meridian Member (“Member”), in good standing; and

2. Hold an active Membership Share. 

Eligible Deposits

Eligible Deposits are funds that come from another financial institution or securities dealer (not Meridian, Aviso, or Qtrade). The funds must not have been held in any Meridian, Aviso, or Qtrade account at any time in the 180 days before the New Money GIC is purchased.

The Process

To qualify for the Offer:

3. The Member must open and fund, with Eligible Deposits exclusively, a New Money GIC through a Meridian branch or the Contact Centre;

4. The face amount(s) of the requested New Money GIC(s) must exceed $100 (one hundred Canadian dollars) and not exceed a cumulative total of $5,000,000 (five million Canadian dollars) per Member under this Offer.

General Terms

5. The Offer is restricted to any of the following types of GICs: 18-Month Non-Redeemable Non-Registered GIC; and 18-Month Non-Redeemable Registered GIC, including TFSA, FHSA, RRSP or RRIF (each an "Eligible New Money GIC"), where the Member is the Account Holder. The Offer is not applicable to any other account types, including (but not limited to) a GIC of a different term length, or demand accounts.

6. The New Money GIC interest rates expressed are annual interest rates and are subject to change without notice. 

7. The Offer cannot be combined with other promotional offers unless Meridian, at its sole discretion, determines otherwise.

8. If Meridian is unable to run the Offer as planned for any reason, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the reasonable control of Meridian which corrupt or affect the administration, security or proper conduct of this Offer, Meridian reserves the right at its sole discretion, without advance notice, to terminate or suspend the Offer, in whole or in part, or modify it in any way.

9. Meridian reserves the right at its absolute discretion to withdraw the Offer in whole or in part, or to vary, delete or add to any of these Terms and Conditions at any time and from time to time without notice at its absolute discretion. 

10. Meridian reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer to any Member it finds or believes that the Member manipulated or otherwise abused the process, fairness, or integrity of the Offer. The Offer may be suspended, modified or withdrawn at any time without notice for any reason including, but not limited to, an error or mistake on behalf of Meridian.

11. To the extent that these Terms and Conditions are inconsistent with any other communication, advertisement, or statement (a "Message") from Meridian, these Terms and Conditions will supersede all other Messages.

12. You agree that you have read and understood these Terms and Conditions and agree to be bound by them. Any notice offered by us with respect to this Offer is deemed to be provided on the day it is posted on our website.

13. Any New Money GIC will be governed by the standard terms and conditions that apply to the type of GIC purchased, except as modified by these terms and conditions. In the event of any conflict between these terms and conditions and the standard term deposit terms and conditions, these terms and conditions will prevail until maturity. 

14. Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA). For more information, visit the FSRA website.

For any questions or concerns regarding this Offer, please contact 1-866-592-2226.

Published Date: May 4, 2026