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

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Meridian All GIC Rates dropping March 3rd 2023
March 2, 2023
11:21 pm
Wayno
Member
Members
Forum Posts: 100
Member Since:
January 10, 2018
sp_UserOfflineSmall Offline

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
Member
Members
Forum Posts: 318
Member Since:
December 20, 2019
sp_UserOfflineSmall Offline

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
Member
Members
Forum Posts: 39
Member Since:
April 5, 2012
sp_UserOfflineSmall Offline

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
Member
Members
Forum Posts: 318
Member Since:
December 20, 2019
sp_UserOfflineSmall Offline

They do better for business accounts

Screenshot-14.png

Please write your comments in the forum.