Bank the way you want with a combined savings and chequing account

Combine your banking with a flexible chequing account that also offers a high interest rate on all your money.

Our Advantage Account gives you:

  • A high interest rate on every dollar you deposit
  • Free unlimited everyday banking transactions with a minimum $1,000 balance
  • Access to your money at over 3,700 ABMs across Canada
     

1.50%
Advantage Account rate 1

Is our Advantage Account right for you?

Yes, if you:

  • Are at least 18 years old
  • Want the flexibility of a chequing account 
    with the interest rate of a savings account
  • Want to earn interest on every dollar in your account
Girl tablet on staircase.

Benefits

Rates & fees

Rates

Our Advantage Account offers a high interest rate on all your money:

1.50%
Advantage Account Rate


 

Fees

With our Advantage Account, there are no fees to open an account, make deposits or transfer funds. Other services and fees include:

Services Fees
Transferring money from your account at another financial institution no charge
Direct deposit no charge
ABM deposits no charge
Mobile cheque deposit no charge
Receiving an Interac e-Transfer®2 no charge
Services Fees
Transferring money to your account at another financial institution no charge
Pre-authorized withdrawal no charge
ABM withdrawal in Canada $1.50
ABM withdrawal outside of Canada $3.00
Debit card purchase $1.00
Bill Payment $1.00
Sending an Interac e-Transfer $1.00

* These fees are waived when you maintain a balance of $1,000.

Additional services such as an Official Cheque (in lieu of a certified cheque), wire transfers and stop payments are also available. Please review our Services and Fee Guide for a complete list of all services and associated fees.

Resources

FAQ

If you want to make your account joint, it's easy to add someone to your Manulife Bank account. If your joint account holder is not yet a Manulife Bank client, they'll need to open an account online. Once that's done or if your joint account holder is already a Manulife Bank client, just give us a call and we'll add them to your account.

There are several ways you can deposit money into your Manulife Bank account. You can deposit a cheque using our mobile banking app, you can link an account from another bank and transfer funds, you can make a deposit at the closest ABM, you can send an e-transfer or you can mail us a cheque. 

All your everyday transaction fees are waived when you maintain $1,000 or more in your account. If you don't keep the minimum balance, transaction fees will apply.

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