Meridian Credit Union Does one require a soft credit check to open a high interest savings account at Meridian credit union? I’ve never experienced this with any bank. and this is my first time dealing with a credit union. I was told that a credit check is required to open the account. 📝 To secure the bonus, Shoppers must maintain a $500 monthly direct deposit or two $100 pre-authorized debits for seven consecutive months. 🔒 A hard credit check is required for new account openings, and the offer is strictly limited to residents of Ontario. List of RFD credit card lists So how much is that loyalty point you earned actually worth? Did you get hit with customs/duties/import charges on an Amazon.ca purchase? Meridian - 100% Canadian I've noticed that Meridian Credit Union is marketing itself as 100% Canadian. Initially, I thought this was an odd marketing strategy as aren't all Canadian banks 100% Canadian. Then I realized that the big banks are publicly traded and are therefore open to some foreign ownership. Meridian Credit Union executives appear to have discussed a future winding down of Motusbank I've previously speculated here on a possible future winding down of Motusbank, if it does not generate the growth in not only deposits but in loans, which generate revenue for the bank and thus the credit union, within 1-3 years. Meridian Line of Credit Applied and got approved for a 10K LOC from Meridian Credit Union in June. I can login to the site using my email address to access the signed PDF's, and the 1st installment was supposed to come out on the 7th of July but didn't. I was tired of dealing with the big banks, their endless fees and poor customer service, and recently moved to Meridian. I got a massive welcome bonus, I only have to keep a minimum of $1,000 in my chequing account to avoid fees, I get 1.40% in my savings and they called me today to offer me a GIC at 2.75% for 90 days. Reply Reply with quote 60 ... Meridian daily chequing now comes with a $300 bonus*! Open a new account and set up a qualifying monthly direct deposit for your $300 reward! Get Get better day-to-day banking – and be rewarded! Right now, open a new Meridian chequing account and set up a qualifying monthly direct deposit Meridian Crediti Union - 1% bonus on transfers up to $500 bonus I think a targeted offer - got a call from Meridian CU offering a 1% bonus on money transferred to one of their accounts, registered and non-registered, up to a maximum of $500 (ie. $50k).