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3.9/5
Our Rating
Manulife Advantage Account
Need to make everyday banking transactions but still want to earn interest? The Manulife Advantage Account offers the best of both. It helps you grow your money by paying interest on every dollar while still allowing unlimited transactions. There is also no charge for these transactions with a minimum balance requirement.
Get an additional 1.5% in interest for new customers
Manulife Advantage Account
3.9/5
Our Rating
Need to make everyday banking transactions but still want to earn interest? The Manulife Advantage Account offers the best of both. It helps you grow your money by paying interest on every dollar while still allowing unlimited transactions. There is also no charge for these transactions with a minimum balance requirement.
Get an additional 1.5% in interest for new customers
Account Details
Offer Headline
Get an additional 1.5% in interest for new customers
Monthly Fee
$0
Our Rating
3.9/5
Account Type
Savings
Account Category
Personal
Institution
Manulife Bank
Offer Details
Earn an extra 1.5% on top of the regular 1.50% variable interest rate when you make a deposit your new Advantage Account*
* 3.00% promotional rate is for new deposits to 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 1.50%. Interest is calculated daily and paid monthly beginning on the date the account is opened and continuing 730 days (2 years) on net new deposits to a maximum of $500,000. 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 July 2, 2026 and subject to change without notice. Click here for full terms and conditions (PDF).
Interest Rates
All balances
1.5%
Account Fees
Account Fees
Monthly Fee
$0
eStatement
Included
ATM Fees
Canadian ATMs
$1.5
USA
$3
International
$3
Our Detailed Review
- Earn interest on your entire account balance
- $1.00 per Interac® debit transaction, Interac e-Transfer or bill payment
- $1.50 to withdraw your money
- Access to 2,600 Manulife Bank or The Exchange Network ATMs in Canada
- Fees waived on all banking transactions with a minimum account balance of $1,000
Legal
- 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.
1 Interest is calculated on the closing daily balance and paid monthly.
2 Everyday banking fees for ATM cash withdrawals on THE EXCHANGE® Network, Interac® Debit card purchases, bill payments, and sending money using Interac e-Transfer are waived when the account balance is $1,000 or more. All other everyday withdrawal and deposit transactions are free at any balance. Other fees may apply.
3 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.
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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.