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
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
Rates & fees
Our Advantage Account offers a high interest rate on all your money:
With our Advantage Account, there are no fees to open an account, make deposits or transfer funds. Other services and fees include:
|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|
|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|
|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.
- Fees are subject to change with at least 30 days of prior written notice. If you don’t receive paper statements, you can find all fee information online.
- All fees are presented on a per item basis, unless otherwise stated.
- Charges are automatically applied to your account.
- Additional convenience fees may apply when you make direct-payment purchases with your debit card.
1 Interest is calculated on the closing daily balance and paid monthly.
2 ®Trade-mark of Interac Inc. Used under license. Fiserv EFT is the owner of THE EXCHANGE® trade mark and its associated rights. Fiserv EFT has granted FICANEX® the exclusive right to use, market and sublicense THE EXCHANGE® trade mark and the intellectual property rights associated with the operation of THE EXCHANGE® Network throughout Canada. Manulife Bank of Canada is an authorized user of the mark.
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.
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.
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