{"id":194091,"date":"2024-08-21T12:07:00","date_gmt":"2024-08-21T16:07:00","guid":{"rendered":"https:\/\/mp-2702.milesopedia.dev\/news\/manulife-bank-financial-products\/"},"modified":"2026-05-08T15:52:47","modified_gmt":"2026-05-08T15:52:47","slug":"manulife-bank-financial-products","status":"publish","type":"post","link":"https:\/\/mp-2702.milesopedia.dev\/en\/reviews\/products\/manulife-bank-financial-products\/","title":{"rendered":"Manulife Bank: Our review of their financial products"},"content":{"rendered":"\n

Manulife Bank<\/strong> is a Canadian online bank offering financial products for individuals and businesses. These include all-in bank accounts, high-interest savings accounts and credit cards. But it also offers other products, such as investments and mortgages (including Manulife One).<\/p>\n\n\n\n

This article explores the main financial products offered by Manulife Bank<\/strong>. <\/b>and compared with those of other Canadian banks. Then we share our Review so you can make an informed decision.<\/p>\n\n\n\n

What is Manulife Bank?<\/h2>\n\n\n\n\n\n

Manulife Bank of Canada<\/a> (simply, Manulife Bank<\/strong>), a subsidiary of Manulife, is a federally chartered online bank founded in 1993. It’s <\/span>head office is in Waterloo, Ontario.<\/p>\n\n\n\n

Manulife Bank has no physical branches. Instead, it distributes its financial products and services through independent financial advisors and brokers. Customers can then access their accounts via online services and the mobile application, as well as using THE EXCHANGE network ATMs, at no extra cost.<\/p>\n\n\n\n

Manulife Bank’s products include chequing accounts, high-interest savings accounts, credit cards, investments and mortgages (including Manulife One). It is a member of CDIC<\/a> (Canada Deposit Insurance Corporation), so <\/span>deposits in their savings products (savings accounts, GICs, etc.) are eligible for deposit insurance.<\/span><\/p>\n\n\n\n

Manulife Bank’s Financial Products<\/h2>\n\n\n\n

As previously mentioned, Manulife Bank<\/strong> offers a wide variety of financial products for individuals and businesses. However, this analysis focuses mainly on bank accounts and credit cards for individuals.<\/p>\n\n\n\n

Manulife Bank’s Accounts<\/h3>\n\n\n\n

Manulife Bank<\/strong> offers 3 bank accounts: <\/span>All-in Package, Advantage Account and U.S. Advantage Account. Here’s more information on each of these 3 accounts.<\/p>\n\n\n\n

All-in Package Bank Account<\/h4>\n\n\n\n

Manulife Bank<\/strong>‘s all-in package account is<\/span>a high-interest savings account that encourages people to save. Here are its main features:<\/span><\/p>\n\n\n\n