Canadian High Interest Savings Bank Accounts - Forum: Meridian Credit Union

hwyc on New Promo 18 Month GIC @ 3.60%

Sat, 23 May 2026 00:16:11 -0700

Yes, only 3.30% if ineligible.

smayer97 on New Promo 18 Month GIC @ 3.60%

Fri, 22 May 2026 21:42:18 -0700

Where do you see 3.6%? I see only 3.3%

GR on New Promo 18 Month GIC @ 3.60%

Fri, 22 May 2026 07:29:59 -0700

New money, new or existing clients, non-registered or registered GICs for 18 months - 3.60% p.a.

https://www.meridiancu.ca/personal
Scroll down to find link to offer.

(T & C indicate that this offer and other offers might not be combinable. If you buy this promo GIC, will they disqualify you from another promo offer on a savings account during the 18 months?)

fully-retired on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Tue, 27 Jan 2026 09:49:47 -0800

I also got a phone call call from my home branch wanting to place my funds into a different product once the promo ended,but I had head office transfer my funds out before they realized they were gone the previous day.I probably just just taken off the Christmas card list. LOL

canadian.100 on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Tue, 27 Jan 2026 08:52:40 -0800

I received a phone call from a financial advisor from Meridian today. She wants to meet with me to discuss products to which I can move the funds from the 4.7% promo Savings account. My promo does not actually expire until March 25 so I told her it was too early to meet - and besides I am only interested in GICs for one year or less for that money. She said I should consider their Market Linked GICs or bond Mutual Funds. At this point, it looks like the funds are not likely to stay at Meridian once the promo ends.

fully-retired on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Tue, 27 Jan 2026 07:22:36 -0800

I had a 4.8% offer last May for 4 months,1 month before it ended they sent me an offer.Open a checking acc & get the 4.8% extended for 4 more months.(ch acc was 3$ fee per month)4.8% ended middle of Jan. Transferred most out, 6 fig,& transferred over to Oaken for 2 yr. GIC's at 3.50%.When I receive the int for Jan I will transfer it out & leave 1$ & cancel the Ch acc. Had to call head office for the large transfer.Local branch was not very happy with the transfer out.

rhvic on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Tue, 27 Jan 2026 07:08:23 -0800

I opened a new HISA at Meridian in December, with a promo interest rate of 4.7%, never having been a customer before. On Jan 25 I got an email from Meridian offering me a $100 bonus if I also open a chequing account. I had a few questions re the linked terms and conditions, so I phoned them. The agent soon informed me that there is no such current promotion, that it ended in October! Say what?? Why send this out if it is not valid?

Did anyone else recently get this $100 'offer'?

I am awaiting further discussion with Meridian.

canadian.100 on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Mon, 26 Jan 2026 02:27:52 -0800

Lodown said
Never heard of that. All banks that take the currency make it available immediately as far as I know.

Bank machines reject currency the machine cannot certify to be genuine. Maybe the bank machine software was not working properly and instead of rejecting the currency, it took it anyhow? I would go into the bank and ask for an explanation.

I took your suggestion - I just phoned Meridian - the agent said hold periods for cash deposits in ATM can vary from 5 days to 10 days - since they felt I was only in for the promo, they put on the max 10 day hold - the agent suggested I deposit cash with a teller and not ATM and it will likely be a much shorter hold.
I don't think this experience helps to encourage me to make Meridian my main bank, when the 4.7% promo ends.

JohnnyCash on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Mon, 26 Jan 2026 01:56:32 -0800

Lodown said
Never heard of that. All banks that take the currency make it available immediately as far as I know.

Bank machines reject currency the machine cannot certify to be genuine. Maybe the bank machine software was not working properly and instead of rejecting the currency, it took it anyhow? I would go into the bank and ask for an explanation.

I think it's just the way Meridian operates, I'm still waiting for them to release a small test pull that I initiated 2 weeks ago. It's why I've historically only ever did push and pulls from other financial institutions with Meridian.

Lodown on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sun, 25 Jan 2026 23:00:48 -0800

Never heard of that. All banks that take the currency make it available immediately as far as I know.

Bank machines reject currency the machine cannot certify to be genuine. Maybe the bank machine software was not working properly and instead of rejecting the currency, it took it anyhow? I would go into the bank and ask for an explanation.

canadian.100 on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sun, 25 Jan 2026 05:39:28 -0800

I got the promo more than a month ago and have a nice balance in the acct.
I happened to deposit some cash (ordinary Canadian banknotes) in the account on January 12 using the Meridian branch ATM - and I note there is a hold on that cash for 2 full weeks. The hold will be lifted this week - of course it is normal to have holds on cheques but it seemed strange to me to have a hold on cash notes for a relatively small amount. It does not really matter - since I am not withdrawing and also since there is more than adequate free funds if I needed to withdraw some cash. Has anyone deposited cash notes into the Meridian ATM and it is on hold for 2 weeks? My very first deposit into this Meridian account was a cheque and the hold was gone after one week.

julio on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sun, 21 Dec 2025 09:44:01 -0800

As I told in another post, it literally pays to go to a different branch. In one branch, you are not eligible, 3 hours and 1400 meters later, in another branch of the same FI, you are eligible. Go figure. Firsthand BMO and Meridian experience.

COIN on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sun, 21 Dec 2025 09:30:19 -0800

No big loss in my case. I got an offer from one of the "Big 5" banks. Obviousy, the Big 5 in this case value the business from one of their existing clients.

dommm on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sat, 20 Dec 2025 23:01:32 -0800

COIN said

Interesting. Wonder how many other existing members also got the preferential rate (if any)?

In my case, I was effectively told to get lost.

I was told the same as far as opening a new savings account under my (solo) name because as far as Meridian was concerned opening a second savings account was not considered NEW. To get around that I opened a new joint savings account with my wife who was also a Meridian customer which Meridian considered a NEW savings account which made this joint account eligible for the preferential rate.

COIN on New Promo Savings Accounts 4.70% (385% + Variable Posted Rate)

Sat, 20 Dec 2025 22:06:33 -0800

dommm said

I have been a member for many years & was eligible for the preferential interest rate so at least in my case being a member did not exclude me from getting the preferential interest rate.

Interesting. Wonder how many other existing members also got the preferential rate (if any)?

In my case, I was effectively told to get lost.