Compare interest calculator
Compare
Your Savings Options
Compare options and calculate how
much you could save in one year.
Please enter a value between $100 and $2,000,000.
Competitor details
Please enter a value between 0% and 100%.
Please enter a value between 0 and 100%.
A promotional rate is usually for a limited time. Enter the number of months for the promotional rate.Please enter a value between 0 and 12 months.
Interest earned on $30,000
investment in a year
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High Interest Savings Account (HISA) @0.5% | |
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1-year Cashable GIC @1.40% | |
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3-year Raise the Rate GIC @1.80% | |
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Competitor rate @ |
And here's another great option!
18-Month GIC at 4.70%
Find the GIC that suits your investment needs.
Learn more about different types of Meridian GICs
In just one year on a $30,000 investment, you can earn
$150.37 interest from a HISA
$450.00 interest from a 1-year Cashable GIC
$630.00 interest from a 3-year RTR GIC
$345.63 interest from a competitor account
This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results.
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