Maybe we could just use this thread/subject to form an ad-hoc survey.

I say ... Let 'er Rip !

Dean

I'd have no issue going way over @ TNG but I wonder how far I could stretch OAK and EQB ...

Peter, is it technically viable to craft a live survey to know the % of people *willing to exceed* the insured amount on FIs discussed on this site? … or else once a year?

For example, in such a survey, I'll say "yes" to Tangerine but "no" to Oaken.

Norman1 said
The RBC Meeting Place branches are similar. No teller stations actually.

One is directed to a nearby RBC full-service branch when one needs full traditional teller services.  

The TD branch I dealt with has 8 teller stations and 12 offices plus a few conference rooms. I never saw more than 2 tellers in 2025.

One is directed to a nearby RBC full-service branch when one needs full traditional teller services.

pentel said

Good to know that 1% cashback only applies to purchases in CAD. I thought I can get no FX fee as well as 1% cash back. Thanks for pointing that out.

It used to be like that. Home Trust removed the 1% cash back on foreign spending in January 2020.

The following year, in May 2021, Home Trust removed the rental car insurance and roadside assistance benefits from the card.

JohnnyCash said

Keep in mind that the 1% cashback only applies to purchases in CAD. It's an okay card as it's a real no FX credit card and makes a great backup card. If you can get the Wealthsimple card as well, that's a real winner of a card. They are beta testing a no-fee version of the card, no rumors as to when it will be publically available.  

Good to know that 1% cashback only applies to purchases in CAD. I thought I can get no FX fee as well as 1% cash back. Thanks for pointing that out.

Over $100,000 in assets in assets: 1.75% interest

The Wealthsimple card need a $100K in their savings for it to be no-fee. The interest rate 1.75% for the $100K is not that great. Otherwise it is $20 a month, that's $240/year and not doable, the MC World Elite/Visa Infinite card are just $120-$150/year with much more benefits. They are beta testing a no-fee version of the card? If it is 100% no-fee, it is worth considering.

The fine print doesn't say I have to continue to maintain my July 1 Manulife Bank account balances.

Norman1 said

rebel88 said

However, since you opened a new account to qualify for the 3% offer, can you slowly transfer what you have in your original advantage account to another financial institution? Or does Manulife keep track of all your funds thereby disallowing the 3% in your new second account once you transfer your funds from your first account?

While transferring funds into the new Advantage account from external accounts, I reduced the balance of my earlier Advantage account by debit card spending, bill payments, and ATM withdrawals. There was no reduction in the promo interest paid for July.

July 1½% promo interest was within ½¢ of what I calculated and matched the regular 1½% interest paid. Consequently, the entire balance of the new Advantage account was considered to be "Eligible Deposits".  

That's interesting as the T&C's state:
" All funds held by the client in existing Manulife Bank account(s) on July 1,
2026, will not count as Eligible Deposits. "
So they're not enforcing it, or the workaround is to move the funds out to an external account?

pentel said

Thank you for the info. These alerts will be useful especially when out of country. Will consider getting this card for the no-fee 1% cash back and no FX fees.  

Keep in mind that the 1% cashback only applies to purchases in CAD. It's an okay card as it's a real no FX credit card and makes a great backup card. If you can get the Wealthsimple card as well, that's a real winner of a card. They are beta testing a no-fee version of the card, no rumors as to when it will be publically available.

rebel88 said

However, since you opened a new account to qualify for the 3% offer, can you slowly transfer what you have in your original advantage account to another financial institution? Or does Manulife keep track of all your funds thereby disallowing the 3% in your new second account once you transfer your funds from your first account?

While transferring funds into the new Advantage account from external accounts, I reduced the balance of my earlier Advantage account by debit card spending, bill payments, and ATM withdrawals. There was no reduction in the promo interest paid for July.

July 1½% promo interest was within ½¢ of what I calculated and matched the regular 1½% interest paid. Consequently, the entire balance of the new Advantage account was considered to be "Eligible Deposits".

Markus said
Just signed up for the new advantage account promo(my 7th). Interest rate on the new account is showing 1.5%, like the other 6. It has always shown the promo rate in account details, but not this time. Anyone else signed up?  

Markus:

I created my second Manulife Advantage Account (AA) in July (to take advantage of the 730 day promo interest rate offer of 3.00%, at least initially). My due diligence was having a chat with a Manulife representative to confirm that my second AA qualified for this new promotional offer prior to me transferring cash to this new account. They confirmed it did qualify. Like you , account details shows an interest rate of 1.50%.
Manulife has poor functionality to create a transcript of your chats, but I cut and pasted the necessary bits to suffice for my audit needs. Indeed, on August 1, backdated to July 31 there were two separate postings of "Interest Deposit" and "Promo Interest Deposit" each compromising interest calculated at 1.50%.

It seems like it would be relatively easy for them to advertise their high rate, but nonetheless I received my 3.00% interest rate for July within a few cents of my calculations.