Members: with a Manulife Bank Advantage Account, you get higher interest on your money2!
interest on all your money
Take advantage of a flexible bank account that puts more money in your pocket2, and see why the Globe and Mail has called the Advantage Account “the most useful savings account in Canada”.§
Members always get our best offers, with free banking3 too!
With our Advantage Account, there are no monthly fees, and no fees to deposit or transfer money. Other services and fees include:
|Transferring money from your account at another Canadian bank||No charge|
|Direct deposit||No charge|
|ABM deposits||No charge|
|Mobile cheque deposit||No charge|
These fees are waived when you maintain a balance of $1,000.
|Transferring money to your account at another Canadian bank||No charge|
|Pre-authorized withdrawal||No charge|
|Withdrawals in Canada at ABMs that are part of THE EXCHANGE® Network||No charge|
|Withdrawals in Canada at ABMs that aren't part of THE EXCHANGE® Network||$1.50|
|ABM withdrawal outside of Canada||$3.00|
|Debit card purchase||$1.00|
|Sending an Interac e-Transfer2||$1.00|
|Writing cheques||No charge|
Additional services such as wire transfers and official cheques (in lieu of certified cheques) are also available. Please review our Services and Fee Guide for a complete list of all services and associated fees.
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§©Copyright 2018 The Globe and Mail Inc. All Rights Reserved. globeandmail.com and the Globe and Mail are divisions of The Globe and Mail Inc., The Globe and Mail Centre,351 King Street East, Suite 1600 Toronto, ON M5A 0L6 Phillip Crawley, Publisher.
- 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.
2 3.35% promotional rate is for a new personal, non-registered, Canadian-dollar Advantage Account. The promotional interest rate is made up of the regular posted annual variable interest rate of 1.50% and the variable annual promotional rate of 1.85%. Interest is calculated daily and paid monthly on net new deposits for the first 182 days (6 months) after account opening to a maximum of $100,000. Any change to the regular interest rate will result in a corresponding change to the promotional interest rate. The offer is limited to one account per client and cannot be combined with other offers. The offer and rates are as of January 7, 2019 and subject to change without notice. For full Terms and Conditions see website shown on this poster and for our current rates visit manulifebank.ca/rates
3 1.50%: interest is calculated on the closing daily balance and paid monthly. Rate as of January 7, 2019. Rate is subject to change without notice. View our current rates for more details.
4 Free Banking with minimum balance: Everyday banking fees for ABM cash withdrawals, Interac direct payments (debit), Interac e-Transfer and bill payments are waived when the account balance is $1,000 or more. All other everyday withdrawal and deposit transactions are free at any balance. Other convenience fees may apply to withdrawals made at ABMs that are not part of THE EXCHANGE® Network. Visit manulifebank.ca for additional details. THE EXCHANGE® is a registered trademark owned by Fiserv Inc., licensed for use in Canada by FICANEX Services Limited Partnership. 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. Manulife Bank is committed to keeping your money safe, which is why we’re a member of the Canada Deposit Insurance Corporation (CDIC). That means your deposits are eligible for deposit insurance protection. See what's covered.
Manulife, Manulife Bank & Stylized M Design, ManulifeMONEY+, Manulife One, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.
If you want to make your account joint, it's easy to add someone to your Manulife Bank account. If the person you want to add isn't yet a Manulife Bank client, they'll need to open an account online. Once that's done or if they're already a Manulife Bank client, we'll add them to your account if you both give us a call.
How do I transfer to or from my account at another bank?
answer: Bank to bank fund transfers are a quick and easy way to move money to and from your accounts with other Canadian banks.
To make bank-to-bank transfers, you'll need link your Manulife Bank account with your other accounts. If you provided a void cheque or initial deposit when you opened your Advantage Account, that link has been established. If you don’t already have the account linked, print, complete, sign, and send us this fund transfer agreement to connect your accounts. Once your accounts are linked, you can transfer funds using online, mobile, or telephone banking.
All your everyday transaction fees are waived when you maintain an account balance of just $1,000. If you don't keep the minimum balance, some transaction fees will apply (though bank-to-bank transfers are always free!)