Meridian and Aviso – Get $250 if you set up a PAD of at least $250 every month for three months

I opened my Meridian Checking a couple of months back to take advantage of their $300 bonus. I just got a message today of a new Investment Account offer to get an extra $250.

Here’s the blurb I got:

Open a mutual fund account at Aviso Wealth through Meridian and set up an automatic monthly contribution for at least three months – you can earn up to $250!

Offer ends September 30, 2025.

I’ve read the T&C’s and here are the key points:

1. Open an investment account with Aviso through Meridian. You can open an TFSA, RRSP, Spousal RRSP, FHSA, non registered account, etc
2. Deposit $250 into the account initially
3. Setup a PAD of at least $250 every month for three months. The PAD can be a smaller amount but it’ll reduce the bonus
4. The bonus will be paid out the month after the 3rd PAD. The timetable is available in the T&C’s
5. Offer is available for both existing and new customers. So you can potentially earn $550 if you’re a new customer and open a checking account
6. You need into invest the money into a Qualified Investment. Qualifying Investments include all investments held in a Qualifying Account but exclude Non-Qualifying Investments. Non-Qualifying Investments are the following: cash, premium savings accounts, GICs, options, personal mortgages, fixed income securities with a duration of less than six months, shares of CCPCs, units of limited partnerships, securities that are not listed on a recognized exchange or quoted on a recognized quotation or trade reporting system or other market recognized by Meridian Credit Union in its sole discretion (collectively, “Non-Qualifying Investments”).

I don’t see any downsides to it. I’ll probably open a non-registered account and close the account once I get the bonus. I don’t like investing in mutual funds

Statistics: Posted by dracarys102 — Jul 16th, 2025 12:04 pm

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