Renew your GIC online
Your GIC is renewing. Let’s look at your renewal options.
When your GIC matures you have a few different options. You can cash it out and have the funds deposited into your bank account, you can set up instructions for your GIC to renew automatically, or you can reinvest the funds into a different GIC term or product.
If you don’t need the money for another purpose, it makes sense to stay invested so that you keep earning interest and saving for your goals.
We’ll show you how to renew your GIC in online banking and help you choose which investments make the most sense for you. Also, our advisors and financial planners are always available to help if you have questions or need help renewing your GIC.
GIC options: Reinvest and keep earning
With a guaranteed return on the amount you invest, GICs are low-risk and perfect for building a balanced portfolio. Include GICs in your TFSAs and RRSPs to earn tax-free interest and a reliable source of income. We offer a variety of different GIC options for both short and long-term investors. No matter where you are in your investing journey, we can help you find a GIC that works for you.
I want access to my money in the shorter term
I’m ready to invest for a longer period
How to renew your GIC online
Meridian Members can renew GICs online quickly and easily. Simply log in to Online Banking, choose the Wealth & Investments tab, and select the GIC to be renewed. Open the GIC and select an action from the menu. For detailed instructions, review our guide. Learn how to update your GIC online. (PDF, 480 KB)
Mutual funds and alternative investing options
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Questions? There are several ways to get in touch
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated. NEI Investments is a registered trademark of Northwest & Ethical Investments L.P. Northwest & Ethical Investments Inc., is a wholly-owned subsidiary of Aviso Wealth Inc. (“Aviso”). Aviso is a wholly-owned subsidiary of Aviso Wealth Limited Partnership (“Aviso Wealth LP”), which in turn is owned 50% by Desjardins Financial Holdings Inc. (“Desjardins”) and 50% by a limited partnership owned by the five Provincial Credit Union Centrals (the “Centrals”) and the CUMIS Group Limited. Aviso Financial Inc. and Northwest & Ethical Investments L.P. are all wholly owned subsidiaries of Aviso Wealth Inc.