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5:16 pm August 28, 2011
| AL
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Hi I'm just curious why Manulife Bank is not included in the comparison charts.
They're at 1.75% right now & they're 100% CDIC. Is that still not competitive enough?
Thanks!
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6:58 am August 29, 2011
| Peter
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| posts 358 | |
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Hi,
It has its own forum:
http://www.highinterestsavings…..ulife-bank
It used to be on the chart, then was removed due to an uncompetitive rate, then was re-considered for addition again (and not added). We're certainly open to more discussion as to why it should or shouldn't be re-added.
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6:59 am August 29, 2011
| Peter
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Note: I'm now moving this thread to the Manulife forum.
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11:35 am August 29, 2011
| AL
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Hi Peter,
Thanks for the response!
I have all my savings parked at Manulife because it's got the best savings rate among the Big Six (well Big Seven).
That is before I found this website. I'm now considering moving at least a good portion over to Hubert or another bank that's on the chart.
Thanks!
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4:11 pm August 29, 2011
| Doug
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Hi Peter,
I was previously one of the opponents to having Manulife's account added to the "chart" due to uncompetitive rates and/or it being an "all-in-one" chequing/savings/mortgage account. However, with their Advantage Savings Account being separate from the Manulife All-in-One account, coupled with it offering rates better than ICICI Bank, ING Direct and PC Financial, I am now in favour of re-adding (or adding, as the correct case may be) Manulife Advantage Savings Account.
Separately, with the distinction in the "chart" of those offering Internet banking facilities, I have moved from "opposed" to "neutral" to adding Bridgewater's high-interest savings account, if there is support for it to be added. My preference remains to remove Peoples Trust from the chart due to no Internet banking facilities; however, if that's not going to happen, Bridgewater should be added out of fairness.
Cheers,
Doug
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6:17 pm September 5, 2011
| Peter
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| posts 358 | |
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Thanks all. I've added Manulife to the chart now. Be careful if you're using it for anything other than a savings account: most transactions other than deposits and transfers to other banks have an associated fee (see http://www.manulife.ca/canada/…..es_deposit).
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6:59 am September 7, 2011
| NorthernRaven
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| Moderator
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As far as I can see, you can't open an account directly – you have to go through a financial advisor.
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