Rates & fees
(waived for the first year4)
Annual interest rates
Minimum income requirements
1 You will earn a bonus of an additional 7% cash back, for a total of 10% cash back on the first $2,500 in purchases at merchants classified in the Visa network as Grocery Stores & Supermarkets (Merchant Code: 5411) when those purchases are posted to your account beginning on your account opening date and ending three statements after your account opening date. Purchases may take a few days or more to post to your account depending on the merchant. Purchases made but not yet posted within the three-statement promotional period are not eligible for the bonus. You will earn regular cash back of 3% on purchases at merchants classified as Grocery Stores & Supermarkets after the three-statement promotional period. All other terms of the Manulife Bank Rewards Terms and Conditions that apply to your account continue to apply during this promotional offer. Offer may be changed or extended and cannot be combined with any other offer.
2 Insurance is subject to exclusions, limitations, and conditions. Clients should refer to the Certificates of Insurance included with their Cardholder Agreement for complete details on each benefit. Clients should read the Certificates of Insurance then keep the Cardholder Agreement in a safe place with other valuable documents, and take it with them when they travel. Insurance is underwritten by The Manufacturers Life Insurance Company and First North American Insurance Company, a wholly owned subsidiary of Manulife. Manulife, PO Box 670, Stn Waterloo, Waterloo, ON N2J 4B8.
4 Your annual card fee of $99 will be waived in the first year only based on your account opening date.
5 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 1% 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.
6 You will earn 3% cash back on the first $25,000 you spend annually at merchants classified in the Visa network as Grocery Stores & Supermarkets (Merchant Code: 5411). You will earn 2% cash back on the first $25,000 you spend annually at merchants classified in the Visa network as Hotels, Airlines, or Cruises (Merchant Code: 3000-3298, 3501-3833, 3835, 4411, 4511, 4722, 7011, 7012). All other purchases earn 1% cash back. The $25,000 annual spending limits will reset to zero on each anniversary of the date you opened your credit card account. Terms, conditions and eligible merchant/merchant categories may change without notice. Cash back is earned on card purchases less returns and not on cash advances, interest, fees, service/transaction charges, balance transfers and payments.
7 We will waive your Manulife One monthly account fee only for your first 12 consecutive months (1 year) so long as your credit card account is open and in good standing. The Manulife One monthly account fee ($16.95 Regular and $9.95 Senior) is disclosed at http://www.manulifeone.ca/fees. You will still be responsible for any other type of fee that may apply to your Manulife One account during the waiver period. Fees are subject to change at any time with 30 days prior written notice. Your Manulife One monthly account fee will continue to be waived in each year if you spent a minimum of $20,000 in net purchases on your card in the prior year. For example, if you spent a minimum of $20,000 in net purchases on your card during the first year, your Manulife One monthly account fee will be waived in each month of the second year during which your account is open and in good standing. If you spent less than $20,000 in net purchases on your card during the first year, you will not be entitled to the Manulife One monthly account fee waiver in any month of the second year. If you then spent a minimum of $20,000 in net purchases on your card during the second year, you will be entitled to the Manulife One monthly account fee waiver in each month of the third year during which your account is open and in good standing. Annual spending is based on the anniversary of the date you opened your credit card account and ends 12 months later. Year-to-date annual spending will appear on your monthly credit card statement. The monthly account fee will reappear on your next Manulife One statement after the initial 12-month waiver period has elapsed or in any subsequent year if the total amount of net purchases on your card in the prior year is less than $20,000. Applies only to a personal Manulife One account for which the primary cardholder is the sole or joint Manulife One account holder. Offer is only available to first time ManulifeMONEY+ Visa Infinite Primary Cardholders and applies only to one Manulife One account per primary cardholder. Offer may be changed or withdrawn at any time without prior notice.
8 Visit Visa.ca for more information on the Visa Zero Liability Policy.
*Trademark of Visa Int., used under license.
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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.
That depends on how much you spend on your card – but cash back adds up fast. For example:
|If you spend …||Cash back reward||You will save …|
|$600/month on groceries||3%||$216|
|$5,000/year on travel||2%||$100|
|$1,500/month on everything else||1%||$180|
Your ManulifeMONEY+ Visa cash back rewards are automatically redeemed and posted to your account as Cash Back Rewards in March, June, September, and December of each year. You'll see your rewards appear on your statement in the Transaction Details as a credit amount. Note that cash back rewards do not contribute to your minimum payment, but they do reduce your New Balance for that period.
We use Visa Inc.’s “grocery” classification to determine what qualifies as a grocery store. This category generally includes grocery stores and supermarkets. It may not include wholesale clubs, alcohol retailers, general merchandise merchants, convenience stores, discount retailers, specialty stores (such as fish markets) and health food stores.
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