Explore Manulife Bank promotions and interest rates on now (including any active Manulife Advantage Account promotions) and compare with other Canadian bank offers.
If you’re wondering what kind of Manulife Bank interest rates you could potentially snag by signing up for a new account, you’ve come to the right place. We’ve rounded up the latest Manulife promotions and standard interest rates on offer so you can easily compare your options with other popular bank promotions available now.
Manulife Advantage Account promotional or standard rates on now
The Manulife Advantage Account is a high-interest savings account that comes with tons of the perks of a chequing account, like unlimited transactions, debits and ATM funds access. All you have to do is keep a balance of $1,000 in your account and all everyday banking transactions are free.
Just keep a balance of $1,000 in your account and all everyday banking transactions are free
$0 monthly fee
You'll have to pay a $1.50 fee per ATM withdrawal
Interest rate drops to 1.95% after the promotional period ends
Min. Age
N/A
Account Fee
$0
Transaction Fee
$0
Interac e-Transfer Fee
$1.00 for Interac Debit card purchases in Canada and for sending money using Interac e-Transfer
Is it worth switching banks for a Manulife Bank promotion?
That depends on your current finances and financial goals, but Manulife has a lot to offer in terms of features and financial products.
Whether you’re looking for a chequing account, long-term savings account, credit card, investment options, personal line of credit or a mortgage, Manulife Bank has a solid selection for nearly all of your banking needs. Manulife was founded in 1993 and was Canada’s first branchless bank.
That said, consider the fees and features of any bank account before signing up to ensure you’re getting the right value for your money. For example, if you’re looking for a simple, no-fuss chequing account, instead of opting for a Manulife promotion, you may want to consider similar options from one of Canada’s digital banks – like Simplii or Tangerine – which tend to offer no-fee accounts with unlimited monthly transactions.
Manulife promotions vs. other Canadian bank offers on now
Although Manulife interest rates can be very competitive, it’s worth comparing with other Canadian banks and credit unions offering promotions now. Here are some other options you can use to compare with Manulife promotions and standard rates:
RBC Signature No Limit Banking Account
Get $450 when you open an RBC Signature No Limit Banking Account. Apply by February 10, 2025.
Through RBC's Value Program Rebate, pair this account with other eligible RBC accounts and save up to $11.95 per month. Only pay $10.95/month for this account with 2 other eligible RBC products.
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$2
Highlights
5 free cross-border debits per month ($1.00 each afterwards)
RBC VIP Banking Account
Get $450 when you open an RBC VIP Banking Account. Apply by February 10, 2025.
Through RBC’s Value Program Rebate, pair this account with 2 other eligible RBC accounts and get cashback for some or all of your monthly fees—for example, only pay $19.95/month for this account.
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$0
Highlights
free cross-border debit transactions, free RBC VIP Style personalized cheques and up to 2 additional Canadian dollar accounts and 1 U.S. dollar account
BMO Performance Chequing Account
Get up to $700 in cash bonuses. Earn $450 when you open a new BMO Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until March 3, 2025. Also earn a 4.75% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.
The monthly account fee is waived if you maintain a minimum monthly balance of at least $4,000.
Interest rate
0%
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$2
Highlights
monthly fee is waived for members of the Canadian Defence Community
BMO Premium Plan Chequing Account
Get up to $700 in cash bonuses. Earn $450 when you open a new BMO Premium Plan Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until March 3, 2025. Also earn a 4.75% bonus interest rate when you add a Savings Amplifier Account.
Monthly account fee waived if you keep a balance of at least $6,000 in your account each month.
Interest rate
0%
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$0
Highlights
free overdraft protection
BMO New to Canada Performance Chequing Account
Earn up to a $700 welcome bonus. Valid until January 31, 2025. Plus, enjoy no monthly plan fee banking for one year, and send unlimited BMO Global Money Transfers with no fee.
Zero monthly fees. Earn interest. Welcome bonus. Free transactions. No minimum balance.
National Bank The Total Chequing Account
Get $150 towards an eligible National Bank credit card you activate after opening a National Bank The Total Chequing Account.
Monthly fee
$28.95
Waiver
The monthly fee on this account is waived if you maintain a balance of $6,000 or higher.
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$0
National Bank Connected Account
Get $30 cashback when you get an eligible National Bank credit card you activate after opening a National Bank Connected Account.
Monthly fee
$15.95
Waiver
if you're aged 24–59 and your balance is less than $4,500, a $15.95 monthly fee applies
Interest rate
0%
Transactions
unlimited
Interac e-transfers
$0
Non-network ATM in Canada
$2
BMO Performance Student Chequing Account
Earn a $125 cash bonus and up to 12 months of Domino’s Pizza (worth $95, one pizza per month) when you open a new BMO Student Chequing Account. Valid until February 28, 2025.
up to 2% cashback on groceries, transportation, food and drinks
EQ Bank Card
Get 2.25% – 4.00% interest on your balance until you spend, then get 0.5% cashback on all purchases. To receive the 4.00% rate for 12 months, you'll need to set up $500/month or more in direct deposit of your pay to a Personal Account or Joint Account. Conditions apply. Thereafter, you'll earn 2.25% on your balance.
Earn 4.00% on your card balance for 12 months when you set up $500/month or more in direct deposit of your pay to a Personal Account or Joint Account. Conditions apply. Thereafter, you'll earn 2.25% on your balance.
Transactions
$0
Minimum balance
$0
ATM network
Use any ATM in Canada, and get the surcharges reimbursed. But the ATM withdrawal limit is $500 per transaction.
Foreign transaction fee
0%
Simplii High Interest Savings Account
Earn 4.60% interest for 5 months on up to $1,000,000 in savings. Apply by February 28, 2025.
Chelsey Hurst is a publisher at Finder, specializing in banking and investments. She loves empowering people to avoid financial pitfalls and make better decisions with their money. Chelsey has a Bachelor of Science from Redeemer University, a Master of Science from McMaster University, and has won multiple awards for research communication. In her spare time, Chelsey enjoys cooking and taking long walks in nature. See full bio
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Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
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