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Email this8:13 am
February 16, 2013
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I recently logged into my Manulife Bank account to verify my balances and noticed that one of my near empty Advantage Accounts has a promo rate of 5.15% to February 26, 2025. I do not have an advisor nor was I advised of this promotion. I called Manulife and they confirmed that this account is part of the promotion. I have exactly 2 Advantage accounts, each set up for a particular past promo. So you may wish to check and see if you have received this offer without being notified, even if you have no advisor.
10:42 am
December 23, 2018
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Thank you so much for the heads up MG. I got the 5.15% when I logged into my Manulife Bank account as well. My sister does not get the promo rate though.
12:54 pm
December 22, 2022
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I also have the 5.15% promo in my account. No email notification or anything. Something to fall back on should Tangerine not offer me an extension promo at the end of the month.
5:41 pm
February 6, 2019
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My wife got the 5.15%, as well. No notification whatsover. Thanks for letting us know.
One question, where does it say that it is valid until Feb. 26, 2025?
6:54 pm
December 22, 2022
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rk said
My wife got the 5.15%, as well. No notification whatsover. Thanks for letting us know.
One question, where does it say that it is valid until Feb. 26, 2025?
Click on where it says "Promotional Rate".
5:04 am
April 21, 2022
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Got the same offer, seems according to the T&Cs it started on October 29th. Maximum $500,000 on new deposits only.
I have two Advantage accounts, they both have the offer, even though the T&Cs stipulate it only applies to one account. Maybe a glitch.
The base interest rate floats, a BoC rate change will potentially change the total promotional interest on offer.
9:42 am
February 6, 2019
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The Rock said
Click on where it says "Promotional Rate".
Thank you.
4:27 am
October 11, 2015
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I currently don't bank with Manulife.
I'm not seeing these rates on the home page of Manulife Bank.
9:34 am
September 30, 2017
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I believe it is a targeted offer for now. I have an Advantage account but find no promo rate ... checked today.
10:03 am
April 6, 2013
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The offer was reported on another site RedFlagDeals: Manulife Advantage 5.15% Promo Existing Clients Only YMMV.
Bonus 3% (regular 2.15% + 3% = 5.15%) on new money for targeted existing clients.
12:39 pm
September 15, 2017
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Following Bank of Canada rate drop, the Advantage savings account promo rate at Manulife is now 4.95%.
2:27 pm
August 16, 2022
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Tried setting an account up with them. Seems like it was successful but the I logged out and back in again and it says something went wrong. I called Manulife and they say you need an advisor to open an account with them. Is this correct? Thanks
4:23 pm
January 7, 2020
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The manulife promo that we were on ended on Dec 6
Today, the advantage account shows 1.95%
9:53 am
June 20, 2023
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My calculations for the promotional interest portion matched for November but do not match for December.
Has anyone else who is on this current promotion and is tracking their interest payments found a discrepancy with the December promotional interest portion?
10:53 am
February 6, 2019
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Moneyman2 said
Tried setting an account up with them. Seems like it was successful but the I logged out and back in again and it says something went wrong. I called Manulife and they say you need an advisor to open an account with them. Is this correct? Thanks
I had a similar experience a little while ago... To the best of my knowledge you can sign up online ... if their "AI" likes you, otherwise you need an advisor. I did not bother visiting an advisor, at least not yet. There are so many FIs out there who are more than happy to get my business.
11:17 am
April 6, 2013
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A Manulife advisor is not required to open a Manulife Bank Advantage account. One can open an Advantage account online oneself.
However, if Manulife Bank is not able to verify one's identity using online methods acceptable to FINTRAC, then one will need to go through an advisor who can use one of the face-to-face methods to verify identity.
In the past few years, Manulife Bank has invested to be able to use more methods to verify identity online. The bank has the required software now to verify passports and provincial ID's online and also match the selfie taken with the phone to the photo on the passport or provincial ID.
The bank also uses the Interac verification service to offer one the option to verify ID though an existing financial institution one uses.
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