Get Manulife Bank’s best rates for high-interest bank accounts, mortgages, credit cards, loans, GICs, and short-term deposit investments. 

All-In Banking Package rates

Account Interest Rate
High-Interest Savings Account 1.20%*
Everyday Banking Account 0%
Secured overdraft 15%**

High-interest Advantage Account rates

Account Interest Rate
Advantage Account 1.20%
Business Advantage Account 1.20%
Tax-Free Advantage Account 1.20%
Tax-Free Advantage Account: additional promotional rate 1.80%*
Registered Advantage Account 1.20%
Registered Advantage Account: additional promotional rate 1.80%*
Retirement Income Advantage Account 1.20%
US$ Advantage Account 0.50%
US$ Business Advantage Account 0.50%

*The promotional annual interest rate of 3.00% consists of the regular posted variable annual interest rate of 1.20% and the variable annual promotional rate of 1.80% and is calculated daily and paid monthly for new deposits received from December 1, 2019 to March 13, 2020. For full terms and conditions of the Registered Advantage Account and Tax-Free Advantage Account interest offer, click here.

Interest is calculated on the closing daily balance and paid monthly.

Manulife Bank's posted deposit rates are effective for deposit amounts of up to $2 million. For amounts greater than $2 million or for more information, please contact Manulife Bank at 1-877-765-2265 or (fax) 1-877-565-2265.

ManulifeMONEY+™ Visa* credit cards rates

Mortgages rates

Manulife Bank Prime rate
Manulife Bank Prime rate is a variable rate and subject to change without notice. 3.95%
Manulife One
Manulife One Base Rate 4.45%
Interest rate for positive balances 1.20%
Manulife Bank Select
Manulife Bank Select bank account rate 1.20%

Manulife One rates

Interest is calculated on the daily closing balance and posted to your account monthly. When the main account is in a negative balance, interest is compounded monthly, not in advance.

Variable rate sub-account terms *APR[%]
5-year open (Manulife One Base rate plus 0%) 4.45%


Interest is compounded monthly, not in advance.
Variable Rates change with Manulife One Base Rate and is subject to change without notice.

Fixed rate sub-account terms *APR[%]
6-month closed 4.45%
1-year open 4.45%
1-year closed 3.69%
2-year closed 3.69%
3-year closed 3.69%
4-year closed 3.74%
5-year closed 3.79%
7-year closed 4.54%
10-year closed 4.64%


Interest is compounded semi-annually, not in advance.
*Annual Percentage Rate. See "Cost of borrowing" for more information.
Manulife One fees

 

Manulife Bank Select rates

Variable rate terms *APR[%]
5-year closed (Manulife Bank Prime) 3.95%
5-year open (Manulife Bank Prime plus 0.80%) 4.75%


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

Fixed rate terms *APR[%]
6-month closed 4.45%
1-year open 4.45%
1-year closed 3.69%
2-year closed 3.69%
3-year closed 3.69%
4-year closed 3.74%
5-year closed 3.79%
7-year closed 4.54%
10-year closed 4.64%


Interest is compounded semi-annually, not in advance.
*Annual Percentage Rate. See "Cost of borrowing" for more information.
Manulife Bank Select Fees

Loan interest rates

Manulife Bank Prime rate
Manulife Bank Prime rate is a variable rate and subject to change without notice.
3.95%
RRSP loans
Standard RRSP loan
4.45%
Line of credit
Access Line of Credit/Plus
4.95%

100% investment loan
Up to $100,000 4.95%
$100,000+ 4.70%
Principal and interest payments 4.70%
Multiplier investment loan
Up to $100,000 4.95%
$100,000+ 4.70%
Principal and interest payments 4.70%

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

Investment interest rates

Guaranteed Investment Certificates (GICs) rates

Not redeemable before maturity except upon death. Minimum $2,500 investment ($10,000 for monthly rates). For compound interest certificates, use annual rates. Semi-annual and monthly interest available for non-registered certificates only.

Manulife Bank's posted deposit rates are effective for deposit amounts of up to $2 million. For amounts greater than $2 million or for more information, please contact Manulife Bank at 1-877-765-2265 or (fax) 1-877-565-2265.

Tax-free GIC rates

1-5 year locked-in terms, interest compounded annually to maturity. Minimum $2,500 investment. Redemption prior to maturity is subject to market value adjustment and expense recovery fees.

Manulife Bank's posted deposit rates are effective for deposit amounts of up to $2 million. For amounts greater than $2 million or for more information, please contact Manulife Bank at 1-877-765-2265 or (fax) 1-877-565-2265.

Short-term deposits rates

Short-term GICs may be redeemed prior to maturity but interest is forfeited if redeemed within 29 days from issuance. If redeemed on or after 30 days but before maturity, a 1.25% reduction in interest rate will apply. Interest is prorated to the number of days. A $25.00 early redemption fee will also be charged. Refer to the GIC Confirmation for details.

Manulife Bank's posted deposit rates are effective for deposit amounts of up to $2 million. For amounts greater than $2 million or for more information, please contact Manulife Bank at 1-877-765-2265 or (fax) 1-877-565-2265.

Accounts no longer offered for sale

Account Interest Rate
Founding Members Account 1.20%
Manuplus Interest Rate
$0 - $2,999.99 0.00%
$3,000 - $9,999 1.05%
$10,000 - $24,999 1.10%
$25,000 - $49,999 1.15%
$50,000 - $99,999 1.20%
$100,000+ 1.20%

Interest is calculated on the closing daily balance and paid monthly. The applicable tier rate is paid on every dollar.

All rates are annual rates unless otherwise stated and are subject to change without notice.

Preferred Rate Mortgage

Terms *APR[%]
6-month closed 4.45%
1-year open 4.45%
1-year closed 3.69%
2-year closed 3.69%
3-year closed 3.69%
4-year closed 3.74%
5-year closed 3.79%
7-year closed 4.54%
10-year closed 4.64%

Annual Percentage Rate (APR) is the total cost of borrowing provided as an annual percentage, which includes our current interest rate and charges such as appraisal costs and legal fees. If there are no charges applicable to a mortgage, such as on a transfer of your mortgage to Manulife Trust, then the APR will be as stated on this page, which is our current interest rate. If charges are included in your cost of borrowing as on a new home purchase then the APR will be slightly higher than stated. Interest is compounded semi-annually, not in advance.

Services and fees

Manulife All-In Banking Package: unlimited banking, high-interest savings, a no-fee credit card, travel insurance, and more!

The Advantage Account: a combined high-interest savings and chequing account.

The US Dollar Advantage Account: high-interest savings for your US money.

ManulifeMONEY+ Visa Platinum credit card: cash back rewards, purchase protection, and no annual fee.

ManulifeMONEY+ Visa Infinite credit card: accelerated cash back rewards, travel benefits, and exclusive premium perks.

Manulife One: your all-in-one mortgage and banking account.

Manulife Bank Select: a flexible, traditional mortgage with a high-interest bank account.

Investment Loan: create wealth faster with an investment loan.

RRSP Loan: accelerate your retirement savings with an RRSP loan.

Line of credit: get spending flexibility with an Access Line of Credit.

Tax-Free Savings Account (TFSA): save for any goal with a high-interest Tax-Free Avantage Account or guaranteed investment certificates (GICs).

Registered Retirement Savings Plan (RRSP): build a secure future with a high-interest Retirement Avantage Account or GICs.

Registered Retirement Income Fund (RRIF): finance your retirement lifestyle with a high-interest Retirement Income Avantage Account or GICs.

Guaranteed Investment Certificates: plan confidently with short-term and long-term GICs.

Business Advantage Account: high-interest savings account for your business savings.

US Dollar Business Advantage Account: high-interest savings for your business' idle US cash.

Manulife One for Business: all-in-one banking and mortgage for your business

Business loans: specialized lending advice for your business.

Guaranteed Investment Certificates (GICs): grow your business with short-term and long-term GICs.