Meridian 1y GIC going up to 3.25% starting Sep 21, 18 | Page 2 | GIC Discussions | Discussion forum

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Meridian 1y GIC going up to 3.25% starting Sep 21, 18
November 29, 2018
1:54 pm
Loonie
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I was told by a Meridian employee that the one year GIC at 3.25 offer will be ending sometime next week.

November 29, 2018
5:09 pm
gicjunkie
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Loonie said
I was told by a Meridian employee that the one year GIC at 3.25 offer will be ending sometime next week.  

I don't know if this will work now that they know the rate is changing, but in the past they have held a rate for me for a few weeks if I indicated that an investment was coming. They note it on your file. This happens when they have no knowledge of the timing of a rate change. If you need the rate held, give it a try.

November 29, 2018
6:57 pm
Loonie
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This time, I was told they wouldn't hold it even a couple of days, but maybe other employees would say something different. Best to ask a manager, if this is an issue for you.

I think they should tell members, when they know a deal is coming to an end. Oaken does.

November 29, 2018
7:38 pm
Kidd
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November 29, 2018
10:07 pm
Loonie
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Kidd, you must think Meridian is ending this offer because you anticipate a BoC increase and think M is going to make a better one after Dec 5 ? sf-laugh

I wish!
but I don't think so.
Next year...

November 30, 2018
10:11 am
savemoresaveoften
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My experience is sometimes they do know before hand, but there are also times when new promotion hits and branch is only aware the day before. At least thats what the branch told me...

December 6, 2018
2:27 pm
Loonie
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The one year 3.25% offer has disappeared from Meridian's line-up as of today. It's back down to 2.0 (ouch!).
The rate specials for 3 and 5 years are still there.
The person I spoke to there last week did not think there would be any more Specials this month and not likely next month either.

December 7, 2018
10:41 am
savemoresaveoften
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BoC slowing down their rate hike, new short term rates promotion will be harder to come by, at least for now.

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