GIC Rates Will Drop Nov. 15, 2019 | Meridian Credit Union | Discussion forum

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GIC Rates Will Drop Nov. 15, 2019
November 13, 2019
2:31 pm
GR
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Effective November 15, 1 year cashable and non-cashable GICs will be 2.25% p.a., a decrease of .25%. 18 month non-cashable GICs will be 2.40% p.a., a decrease of .15%.

November 13, 2019
2:45 pm
Dean
Valhalla Mountains, British Columbia
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.
Part of the general trend, I guess. sf-frown

At least they gave a two day notice.

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 13, 2019
3:13 pm
Oscar
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GR said
Effective November 15, 1 year cashable and non-cashable GICs will be 2.25% p.a., a decrease of .25%. 18 month non-cashable GICs will be 2.40% p.a., a decrease of .15%.  

I don't see it on their website. Did you get it from ratescoop , and if so from mobile app ? I'm curious because I signed up for ratescoop and I haven't received any scoop.

November 13, 2019
3:45 pm
Dean
Valhalla Mountains, British Columbia
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Oscar said

I don't see it on their website. Did you get it from ratescoop , and if so from mobile app ? I'm curious because I signed up for ratescoop and I haven't received any scoop.  

Actually, it is on their website.

For what it's worth ... Here's the 'Scoop' ⬇
 https://www.meridiancu.ca/Offers/Upcoming-Rate-Changes.aspx?ip_name=Scoop&ip_pos=strip&ip_cr=personal

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 14, 2019
7:46 am
Oscar
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Selkirk said

Actually, it is on their website.

For what it's worth ... Here's the 'Scoop' ⬇
 https://www.meridiancu.ca/Offers/Upcoming-Rate-Changes.aspx?ip_name=Scoop&ip_pos=strip&ip_cr=personal  

Thanks , so that confirmed that their ratescoop feature doesn't work . As usual.

November 14, 2019
8:12 am
Koogie
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I got an email from them at 5 pm yesterday with this info.

It was titled Rate Scoop: Mortgage and GIC Rate Changes

So, I guess it is working for some and not others.

November 14, 2019
4:01 pm
Nehpets
Ontario
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Having lost interest in and with Meridian in the past year, along with several other issues with their procedures and policies, I called today to close all active accounts with them.

The branch representative I spoke to couldn't care less about my departure, and didn't even ask why I was closing my accounts.

I once had high hopes for Meridian, but my expectations were never realized.

Interesting to see the wide variation in service among FI's across the Country.

Stephen

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