Rates

* The insurable Manulife One 5-year fixed term sub-account rate is 4.99% and is current as of August 4, 2022. The rate applies to new personal owner-occupied mortgages on primary residence with a value less than $1 million, who also meet additional insurability requirements. Interest is compounded semi-annually, not in advance. Subject to credit approval. Contact us for special offer terms and conditions. This is a discounted rate program. The posted 5-year rate is 5.64% and is current as of June 22, 2022. All rates are subject to change. Not eligible are: second position accounts; a roll-in from second to first position; a transfer from an existing Manulife One to a new property; an increase or change to an existing Manulife One account; a transfer from another existing Manulife Bank mortgage; Manulife Bank Select, Manulife One for Business, Manulife Commercial Amortizing Mortgage, Manulife One Equity Advantage lending programs, Small Business Owner lending programs and Investment Property lending programs.

** The insurable Manulife Bank Select 5-year fixed term rate is 4.99% for loan to values up to 65% and is current as of August 4, 2022. The rate applies to new personal owner-occupied mortgages on primary residence with a value less than $1 million, who also meet additional insurability requirements. Interest is compounded semi-annually, not in advance. Subject to credit approval. Contact us for special offer terms and conditions. This is a discounted rate program. The posted 5-year rate is 5.64% and is current as of June 22, 2022. All rates are subject to change. Not eligible are: second position accounts; a roll-in from second to first position; a transfer from an existing Manulife Bank Select to a new property; an increase or change to an existing Manulife Bank Select account; a transfer from another existing Manulife Bank mortgage.

† The high-ratio Manulife Bank Select mortgage 5-year variable term rate is 4.20% (Manulife Bank Prime minus 0.50%) and is current as of June 22, 2022. The rate applies to new owner-occupied Manulife Bank Select High Ratio Purchase and Manulife Bank Insured Lender Switch mortgages up to $1 million, and is for new deals only. Subject to credit approval. Contact us for special offer terms and conditions. This is a discounted rate program. Interest is compounded monthly, not in advance. Variable Rates change with Manulife Bank Prime rate and is subject to change without notice.

¹ APR is the effective, or total, interest rate you pay on your mortgage. It takes into account both the advertised interest rate and any fee you need to pay to set up the mortgage.

• See Manulife One Cost of borrowing for more information
• See Manulife Bank Select Cost of borrowing for more information.

² Variable-rate sub-account interest is compounded monthly, not in advance. Interest is calculated on the daily closing balance and posted to your account monthly. Variable Rates change with Manulife One Base Rate and is subject to change without notice.

³ Fixed-rate sub-account interest is compounded semi-annually, not in advance. Interest is calculated on the daily closing balance and posted to your account monthly.

⁴ Manulife Bank Prime Rate is a variable rate and subject to change without notice.

⁵ Variable-rate interest is compounded monthly, not in advance. Variable Rates change with Manulife Bank Prime rate and is subject to change without notice.

⁶ Fixed-rate interest is compounded semi-annually, not in advance.

*2.25% promotional interest rate is for net new deposits to Canadian-dollar Business Advantage Accounts. The promotional interest rate is made up of the regular posted variable annual interest rate of 1.25% and the variable annual promotional rate of 1.00%. The promotional interest rate is calculated daily and paid monthly on net new deposits to a maximum of $2,000,000. For new accounts opened between June 3, 2022 and August 31, 2022, interest will be calculated beginning on the date the account is opened and continuing 180 days (6 months). For existing accounts, interest will be calculated from June 3, 2022 to November 30, 2022. Any change to the regular interest rate will result in a corresponding change to the promotional interest rate. The offer is limited to one account per business client and cannot be combined with other offers. The offer and rates are as of July 12, 2022 and subject to change without notice. See full Terms and Conditions for new clients (PDF) and for existing clients (PDF) respectively for details.

¹ Interest is calculated on the closing daily balance and paid monthly. Rates are subject to change without notice. Manulife Bank is a member of the Canada Deposit Insurance Corporation (CDIC), which means your deposits are eligible for CDIC deposit insurance protection. Visit cdic.ca for information on eligible deposits.

² As of June 9, 2019, the Annual Interest Rate for the secured overdraft is 15%. It is calculated on the total daily closing balance and charged monthly. Rates are subject to change without notice.

Manulife Bank's posted deposit rates are effective for amounts totaling up to $5 million deposited into a particular type of account, whether in one or more than one account of the same type and including joint accounts. To review your options for amounts greater than $5 million or for more information, please contact Manulife Bank at 1-877-765-2265 or (fax) 1-877-565-2265. In the event that amounts deposited exceed $5 million, Manulife Bank may at any time adjust the interest rates applicable to the accounts.

1 Only the Primary Cardholder may request a balance transfer. The promotional 1.99% annual interest rate (AIR) applies to any credit card balance transfer the client makes within 90 days of their account opening date, and will remain in effect for 180 days (6 months) from the transfer date. After the promotional period, the 1.99% rate on any promotional balances (including balances that remain unpaid after the offer ends) will increase to the regular interest rate for balance transfers. Interest applies from the date a transfer(s) is posted to the new Manulife Bank Credit Card Account. Balance transfers are subject to credit availability, must be repaid, and are administered according to the terms of the Cardholder Agreement. Balances transferred may only be used to pay a balance on a Canadian financial institution issued consumer credit card account that Manulife Bank approves. Balance transfers will be fulfilled in the order (the client/you) requested them and in accordance with the Cardholder Agreement. The total value of balance transfers cannot exceed the authorized credit limit on the credit card account. If the total value is greater, Manulife Bank may have to send only a partial payment to the last designated account / named creditor. A transaction fee equal to 3% of the dollar amount of each balance transfer the client requests will be applied. This offer cannot be used to transfer a balance from another Manulife account, or to make a payment or deposit to another Manulife account. No cash back rewards will be earned on the balance transfer. Offer may be changed or extended at any time.

2 Your ManulifeMONEY+ Visa Infinite annual card fee of $120 will be waived in the first year only based on your account opening date.

Manulife, Manulife Bank & Stylized M Design, ManulifeMONEY+, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.

*Trademark of Visa Int., used under license