Bank your way with a combined savings and chequing Advantage Account
Combine your banking to get the flexibility of a chequing account with the high interest of a savings account.
You’ll also get:
Benefits
High interest on your money
Watch your money grow faster with high interest on every dollar in your account, no minimum balance required.
Here’s what makes our Advantage Account different
Manulife Bank Advantage Account |
Traditional chequing account |
Traditional savings account |
|
|---|---|---|---|
| Free unlimited banking | Bank for free when you keep just $1,000 in your account | Minimum balance of $1,500 to $4,000 required to waive fees | Pay per transaction |
| Monthly fee | No monthly fee | Up to $16.95 | No |
| High interest on every dollars | Yes | No | Minimal interest with different rates based on your balance. |
| Minimum balance to earn highest rate | No minimum balance required | Not applicable, no interest offered | Required balance up to $250,000 |
| ATM access | Thousands of ATMs across Canada | Yes | Limited |
| Virtual financial assistant | Yes | Some banks | Some banks |
Many banks make you choose between a great interest rate, no fees, and the ability to bank your way. With the Advantage Account, you get it all. Here are four things you might not know about the Advantage Account.
Rates
With our Advantage Account, there are no monthly fees, and no fees to deposit or transfer money. Other services and fees include:
Deposit Service Fees |
|
|---|---|
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.
Withdrawal Service Fees |
|
|---|---|
Services |
Fees |
| Transferring money to your accounts at another Canadian banks | No charge |
| Pre-authorized withdrawal | No charge |
| ATM withdrawals in Canada* | $1.50 |
| ATM withdrawals outside of Canada* | $3.00 |
| Debit card purchases in Canada | $1.00 |
| In-store cash back at participating retailers** | No charge |
| Bill payment | $1.00 |
| Sending an Interac e-Transfer2 | $1.00 |
| Writing cheques | No charge |
|
*ATMs that aren't part of THE EXCHANGE® Network may charge their own convenience fees for withdrawals. **No additional charge when you get in-store cash back with a debit card purchase. |
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.
We are never satisfied until you are.
Follow us on social media, interact with us and find out about new events.
© Copyright AdvisorNet. All rights reserved.
