Meridian All GIC Rates dropping March 3rd 2023 | Meridian Credit Union | Discussion forum

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Meridian All GIC Rates dropping March 3rd 2023
March 2, 2023
11:21 pm
Wayno
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Forum Posts: 100
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January 10, 2018
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1 Year Non-Redeemable GIC
Current Rate: 4.90%
New Rate: 4.75%

18 Month Non-Redeemable GIC
Current Rate: 5.00%
New Rate: 4.80%

2 Year Non-Redeemable GIC
Current Rate: 4.75%
New Rate: 4.70%

3 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%

4 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%

5 Year Non-Redeemable GIC
Current Rate: 4.70%
New Rate: 4.50%

March 4, 2023
9:48 am
KamWest
Toronto
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December 20, 2019
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I may be to blame for this...

I complained to Motus about the rate difference and said I was moving out all RRSP's and TFSA's for my family.

I told them I was moving to Meridian and virtually the next day this was announced.

Not sure if that had anything to do with it or not.

That said, I am moving them all to Hubert now, that flexible 1 year rate is one of my favourite things. I can leave it in if the rate goes down, or take it out if it goes up and the staff there is super helpful.

March 8, 2023
1:57 pm
malquin
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April 5, 2012
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Another one, starting next Monday:

1 Year Cashable GIC
Current Rate: 4.50%
New Rate: 4.00%

March 9, 2023
10:27 am
KamWest
Toronto
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December 20, 2019
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They do better for business accounts

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