Make the most of the Manulife One account
The Manulife One account works hardest for you when you get all your income working to help reduce your debt every day. Plus, you can get up to $4,000 cashback to get your debt reduction off to a great start!
How much cashback could you qualify for?
- Mortgage amount advanced: $250,000 - $499,999 ➜ Cashback: $1,000
- Mortgage amount advanced: $500,000 - $749,999 ➜ Cashback: $3,000
- Mortgage amount advanced: $750,000+ ➜ Cashback: $4,000
To qualify for the cashback, you must set up and complete one of the following transactions within 30 days after your Mortgage is funded:
- At least one (1) recurring income direct deposit2 totaling a minimum of $2,000 each month into the Account; or
- At least three (3) different pre-authorized automatic bill payments3 each month.
To set up a recurring income direct deposit:
Simply print a void cheque using online banking then submit the cheque and this direct deposit form (PDF) to your income provider, which could be your employer, pension provider or benefits provider.
To set up pre-authorized automatic bill payments:
Set up pre-authorized automated bill payments with billing company by providing new Manulife One account details.
Hurry! Apply for a Manulife One account by December 1, 2023 to get started!4
Want even more tips on how to make the most of your Manulife One account? Watch this video:
1 This offer is subject to the general terms and operating agreement of your Manulife One account. To qualify for the offer, you must apply and be approved for a Manulife One account between September 12, 2023 and December 1, 2023; have at least $250,000 or more in debt in your Manulife One account at the time of funding; fund by December 15, 2023; and set up at least one (1) eligible recurring income deposit totaling $2,000 or at least (3) different pre-authorized automatic bill payments within 30 days of funding the mortgage. This offer may change or be withdrawn at any time without notice. Cashback will be deposited only if the account is active and in good standing. If the mortgage is discharged, refinanced, ported or transferred from Manulife Bank within five (5) years of activation for any reason, you must repay the entire cashback amount to Manulife Bank. The maximum total cashback per Manulife One account is $4,000. See the full Terms & Conditions for more information.
2 Eligible recurring income deposits include payroll from your employer, pension direct deposits, old age security, disability payments, and governmental deposits, such as employment insurance.
3 Examples include bill payments to a service provider (i.e., utility bill, gym membership).
4 Subject to credit approval.
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