On this page
Instruction: Change of selection promptly shifts the focus to a matching heading further down, on the same page.
Bank your way with a combined savings and chequing Advantage Account†
Enjoy the flexibility to bank the way you choose, including online and mobile banking with no monthly account fee. The Globe and Mail called the Advantage Account “the most useful savings account in Canada”§.
Here are some of the reasons why:
Benefits
Rates & fees
Rates
The Advantage Account offers a high interest rate on all your money:
Fees
The Advantage Account has no monthly account fee and no fees to deposit or transfer money. Other services and fees include:
| Services | Fees |
|---|---|
| Transferring money from your account at another Canadian bank | No charge |
| Direct deposit | No charge |
| ATM deposits | No charge |
| Mobile cheque deposit | No charge |
These fees are waived when you maintain a balance of $1,000.
| Services | Fees |
|---|---|
| Transferring money to your account at another Canadian bank | No charge |
| Pre-authorized withdrawal | No charge |
| ATM withdrawals in Canada† | $1.50 |
| ATM withdrawals outside of Canada† | $3.00 |
| Interac® Debit card purchases in Canada | $1.00 |
| Bill Payment | $1.00 |
| Sending money using Interac e-Transfer† | $1.00 |
| Writing cheques | No charge |
| †Note that ATMs that aren't part of THE EXCHANGE® Network may charge their own convenience fees for withdrawals. | |
Additional services such as wire transfers and official cheques (in lieu of certified cheques) are also available.
§©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.
†Advantage Account – General Terms & Conditions
Interest is calculated on the closing daily balance and paid monthly. Rate is subject to change without notice. View our current rates for more details.
Free Banking with minimum $1,000 balance: Everyday banking fees for ATM 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 ATMs that are not part of THE EXCHANGE® Network. Visit manulifebank.ca for additional details.
®Trademark of Interac Corp. Used under license. Fiserv EFT is the owner of THE EXCHANGE® trademark and its associated rights. Fiserv EFT has granted FICANEX® the exclusive right to use, market and sublicense THE EXCHANGE® trademark 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.
Manulife, Manulife Bank & Stylized M Design, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.