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. Today, Manulife Bank has more than $22 billion in assets and serves clients across Canada in all provinces and territories.
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Advantage Account is a high-interest savings account that offers a high interest rate and gives you the features and flexibility of a chequing account – all in one account. With online and telephone transfers, pre-authorized chequing and bill payments, and debit card access, you can access your money when and where you need it.
Plus, Advantage Account now offers unlimited chequing for free when your balance is $5,000 or more.
Making deposits into your Advantage Account is free, and withdrawals are free when your balance is $5,000 or more at the time of transaction.
For more information about Advantage Account, please contact us.