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Meridian Credit Union GIC rates
Deposits issued by Meridian Credit Union LimitedCredit Union
Ontario's largest credit union, with a full lineup including escalator GICs that reach 4.65% in the final year.
Rates verified nightly
· re-checked against Meridian Credit Union's own site
· last check Aug 25, 2026
Best rate
3.85%
todayRates published
14
across 3 productsTerms
30 days – 5 years
Minimum deposit
$500
At a glance
Deposit protection
$250,000
FSRA (Ontario credit unions) · insured under Meridian Credit Union LimitedHow to buy
Online, Branch, Phone, Financial Advisor
Membership requiredWhere it's available
Ontario
Good to know
FSRA insures deposits at Ontario credit unions up to $250,000 for non-registered deposits; deposits in registered plans are insured in full with no limit.
Membership is open to Ontario residents and requires a small membership share.
GIC products from Meridian Credit Union
Every GIC Meridian Credit Union currently offers, with the rate range each one pays.
Meridian Fixed-Rate GIC
1.75% – 3.85%
Terms 30 days – 5 years · min $500Short and long terms rising to 3.85% on the 5-year.
Meridian Cashable GIC
Cashable
2.65%
Terms 1 year · min $500A one-year GIC cashable after 90 days at the full rate.
Meridian Escalator GIC
3.60% – 3.85%
Terms 3 years – 5 years · min $500A step-up GIC reaching 4.65% in year five, for a 3.85% blended yield.
Meridian Credit Union rate table
Filter by account type, term and deposit — every number below is from the published rate table.
Filter 14 offers
All account types
Any term
All GIC types
$
Canadian dollars
Best rate in this view
3.85%
Meridian Fixed-Rate GIC · 5 years
Rates published
14
Interest on $10,000
$1,925
over the 5 years term
How rates change with term length
Each line is one institution's best posted rate at that term — the 1 most competitive in this view.
Locking in for 5 years currently pays up to 0.75 points more than 1 year.
Meridian Credit Union
Every published rate
Projected value assumes a $10,000 deposit held to maturity. GICs that pay interest out monthly or annually are shown with simple interest; only compounding terms accrue on themselves.
| Product | Term | Rate | Value on $10,000 | |
|---|---|---|---|---|
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 5 years | 3.85% | $11,925 +$1,925 | |
Meridian Escalator GIC Step-up · Annual · min $500 | 5 years | 3.85% | $11,925 +$1,925 | |
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 4 years | 3.70% | $11,480 +$1,480 | |
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 3 years | 3.60% | $11,080 +$1,080 | |
Meridian Escalator GIC Step-up · Annual · min $500 | 3 years | 3.60% | $11,080 +$1,080 | |
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 2 years | 3.45% | $10,690 +$690 | |
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 18 months | 3.25% | $10,488 +$488 | |
Meridian Fixed-Rate GIC Non-redeemable · Annual · min $500 | 1 year | 3.10% | $10,310 +$310 | |
Meridian Cashable GIC Cashable · At maturity · min $500 | 1 year | 2.65% | $10,265 +$265 | |
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 270 days | 2.450% | $10,183 +$183 | |
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 180 days | 2.35% | $10,117 +$117 | |
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 90 days | 2.15% | $10,053 +$53 | |
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 60 days | 1.90% | $10,031 +$31 | |
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500 | 30 days | 1.75% | $10,014 +$14 |