What’s your retirement dream? Whether you want the adventure and excitement or peace and relaxation, we all need a plan to make those dreams a reality.

Reduce investment ups and downs inside your registered retirement savings plan (RRSP) with high interest for your cash savings, or guaranteed investment certificates (GICs) in a Manulife Bank RRSP.

Registered Advantage Account rate1


Registered Advantage Account

Registered Advantage Account rate1

Long-term GICs

Short-term GICs


With our Registered Advantage Account, there are no fees to open an account, make deposits, or withdraw funds.

No fees for long-term GICs.

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. Interest is calculated daily on the total daily balance and paid monthly. Rates are subject to change without notice.

Your annual contribution limit is 18% of your earned income last year to a maximum dollar amount set by the Canadian government, which changes every year, plus any unused contribution room from previous years. To find out how much contribution room you have, visit the Canada Revenue Agency’s My Account website, MyCRA mobile app or Tax Information Phone Service at 1-800-267-6999.

There are three ways you can deposit money into your Registered Advantage Account:

  • Link an account from another Canadian bank and transfer funds,
  • Mail us a cheque,
  • Ask your advisor to make your deposit for you.

There are two ways to buy GICs for your Manulife Bank RRSP:

  • If you already have a Manulife Bank account, call us at 1-877-765-2265 and we can take your request over the phone
  • If you’re new to Manulife Bank, reach out to your advisor (or find a local advisor if you don’t already have one!)

If you're already a Manulife Bank customer, you can open an RRSP online. Simply sign into online banking then select open an RRSP in the left-side column. You'll be prompted to answer a couple questions, and your account will be set up right away.

If you don't have an account with us yet, you'll need to speak to your advisor. You can find an advisor here or send us an email with your request and your postal code and we'll help you find an advisor in your area.

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