Looking to improve your finances?
Consider starting with a new way to bank.
Manulife Bank is a Schedule I federally chartered bank and a wholly-owned subsidiary of The Manufacturers Life Insurance Company. Established in 1993, it was the first federally regulated bank opened by an insurance company in Canada. Manulife Bank was created to support the sale of the parent’s core products and assist financial advisors in providing fully integrated financial plans to their clients. Leveraging the Internet and cost-effective telephone banking technologies, Manulife Bank provides its customers access to their bank accounts 24-hours a day, seven days a week. To learn more, click here.
“The most useful savings account in Canada”
Stay up to date on the personal Advantage Account – the one that the Globe and Mail personal finance columnist Rob Carrick called “… the most useful savings account in Canada”. The Advantage Account is a combined high-interest chequing and savings account.
Traditional banking keeps what you have (your earnings, savings, short-term investments, etc.) separate from what you owe (your mortgage, loans, etc.). So you earn a lower rate of interest on your deposits while paying a higher rate of interest on what you borrow. This keeps you in debt longer and paying more interest over time.
Tax-Free Savings Accounts
Tax-Free Savings Accounts (TFSAs) from Manulife Bank are a great option for growing your savings. Tax-Free Savings Accounts give Canadian residents aged 18 years and older another great place to build a nest egg – and keep all the growth for themselves! You’ll be allotted new contribution room each year and any unused portions will be carried forward to future years.
3.25%* INTEREST OFFER
Right now, when you open a new Advantage Account, you’ll earn 3.25% on every dollar you deposit for the first six months. Even after the promotion ends, you’ll still earn high 1.50%** interest daily.
PAY NO FEES
You’ll never be charged a monthly account maintenance fee. And when you keep of just $1,000 in your Advantage Account, you can make everyday banking transactions for free.1 As many as you want; no limits.