Interest Rate
3.60%
Term
5 years
Minimum Deposit
CA$100
Promotion
N/A
Apply Now →on Meridian Credit Union's website
Interest Rate:
3.60%
Term:
5 years
Promotion:
N/A
Minimum Deposit:
CA$100
Meridian Credit Union provides a competitive 5-year GIC option at a rate of 3.60%, making it accessible with a low minimum deposit of just CA$100, ideal for new investors.
Pros:
- Low minimum deposit
- Various account options
Cons:
- Lower rate compared to others
- Non-redeemable until maturity
In summary, Meridian Credit Union's 5-year GIC at a competitive rate of 3.60% with a low minimum deposit of CA$100 is an excellent choice for new investors looking to grow their savings with minimal risk. This offering is well-suited for those seeking a reliable investment vehicle while gaining experience in the financial market.