Meridian Credit Union GIC rates

Deposits issued by Meridian Credit Union Limited

Credit Union

Visit Meridian Credit 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 Oct 9, 2026

Best rate

4.900%

today

Rates published

across 3 products

Terms

30 days – 5 years

Minimum deposit

$500

At a glance

Deposit protection

$250,000

FSRA (Ontario credit unions) · insured under Meridian Credit Union Limited

How to buy

Online, Branch, Phone, Financial Advisor

Membership required

Where 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

Non-redeemable

2.00% – 4.100%

Terms 30 days – 5 years · min $500

Short and long terms rising to 3.85% on the 5-year.

Meridian Cashable GIC

Cashable

2.85%

Terms 1 year · min $500

A one-year GIC cashable after 90 days at the full rate.

Meridian Escalator GIC

Step-up

3.60% – 4.900%

Terms 3 years – 5 years · min $500

A 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 82 offers

Your situation

Deposit amount

$5k

$10k

$25k

$50k

$100k

Account type

Term

Any term

Under 1 year

1 year

18 months

2 years

3 years

4 years

5 years

Over 5 years

Product

GIC type

Currency

Options

Unlimited coverage

Cashable early

Promos only

Any term

Under 1 year

1 year

18 months

2 years

3 years

4 years

5 years

Over 5 years

Account type

Deposit

Best rate in this view

4.900%

Meridian Escalator GIC · 5 years

Rates published

Interest on $10,000

$2,450

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 1.60 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 Escalator GIC Step-up · TFSA · At maturity · min $500	5 years	4.900%	$12,702 +$2,702
Meridian Escalator GIC Step-up · RRSP · At maturity · min $500	5 years	4.900%	$12,702 +$2,702
Meridian Escalator GIC Step-up · RRIF · At maturity · min $500	5 years	4.900%	$12,702 +$2,702
Meridian Escalator GIC Step-up · TFSA · At maturity · min $500	3 years	4.400%	$11,379 +$1,379
Meridian Escalator GIC Step-up · RRSP · At maturity · min $500	3 years	4.400%	$11,379 +$1,379
Meridian Escalator GIC Step-up · RRIF · At maturity · min $500	3 years	4.400%	$11,379 +$1,379
Meridian Escalator GIC Step-up · TFSA · At maturity · min $500	5 years	4.20%	$12,284 +$2,284
Meridian Escalator GIC Step-up · RRSP · At maturity · min $500	5 years	4.20%	$12,284 +$2,284
Meridian Escalator GIC Step-up · RRIF · At maturity · min $500	5 years	4.20%	$12,284 +$2,284
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Fixed-Rate GIC Non-redeemable · TFSA · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Fixed-Rate GIC Non-redeemable · FHSA · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Fixed-Rate GIC Non-redeemable · RRSP · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Fixed-Rate GIC Non-redeemable · RRIF · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Escalator GIC Step-up · TFSA · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Escalator GIC Step-up · RRSP · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Escalator GIC Step-up · RRIF · At maturity · min $500	5 years	4.100%	$12,225 +$2,225
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500	3 years	4.00%	$11,249 +$1,249
Meridian Fixed-Rate GIC Non-redeemable · TFSA · At maturity · min $500	3 years	4.00%	$11,249 +$1,249
Meridian Fixed-Rate GIC Non-redeemable · FHSA · At maturity · min $500	3 years	4.00%	$11,249 +$1,249
Meridian Fixed-Rate GIC Non-redeemable · RRSP · At maturity · min $500	3 years	4.00%	$11,249 +$1,249
Meridian Fixed-Rate GIC Non-redeemable · RRIF · At maturity · min $500	3 years	4.00%	$11,249 +$1,249
Meridian Fixed-Rate GIC Non-redeemable · At maturity · min $500	4 years	4.00%	$11,699 +$1,699
Meridian Fixed-Rate GIC Non-redeemable · TFSA · At maturity · min $500	4 years	4.00%	$11,699 +$1,699
Meridian Fixed-Rate GIC Non-redeemable · FHSA · At maturity · min $500	4 years	4.00%	$11,699 +$1,699