- Rev.01 – Posted on 2025-09-11
Manulife Bank, a subsidiary of Manulife Financial, is one of Canada’s leading digital-first banks. Since its founding in 1993, it has focused on providing flexible, convenient, and innovative banking solutions that help Canadians manage both day-to-day finances and long-term financial goals.
Who Is Manulife Bank?
Manulife Bank is a federally regulated Schedule I bank, meaning it operates under the same standards as Canada’s largest financial institutions. What sets it apart is its integration with the broader Manulife Financial ecosystem—a trusted name in insurance, investments, and wealth management. This connection allows clients to access banking services that work in harmony with their overall financial strategy.
What Makes Manulife Bank Different?
Unlike traditional branch-based banks, Manulife Bank is primarily digital. This makes it highly convenient for clients who prefer online and mobile banking. Despite not having physical branches, customers still benefit from strong support through digital channels, advisors, and partner networks.
Manulife Bank is known for its innovative approach to personal banking, offering products designed with flexibility and efficiency in mind.
Key Features and Products:
- Manulife One: A flagship all-in-one account that combines your mortgage, line of credit, chequing, and savings into one flexible solution. This allows clients to reduce interest costs and pay off debt faster.
- High-Interest Savings Accounts: Competitive savings options with no monthly fees, giving clients opportunities to grow their money without penalty.
- Mortgages and Lending Solutions: Flexible lending products designed to work alongside personal cash flow and financial goals.
- Everyday Banking: Chequing accounts with unlimited transactions, mobile access, and ATM availability across Canada.
Security and Stability
As part of Manulife, a global financial services provider, Manulife Bank offers clients peace of mind by combining digital convenience with the backing of a well-established financial institution. Eligible deposits are protected by the Canada Deposit Insurance Corporation (CDIC), ensuring security for clients’ savings.
Who Benefits from Manulife Bank?
- Homeowners looking to accelerate debt repayment with Manulife One.
- Digitally savvy clients who prefer mobile and online banking over in-branch visits.
- Individuals seeking integration between banking, insurance, and investment solutions under one trusted brand.
Why Consider Manulife Bank?
If you’re looking for smarter ways to manage your money—whether it’s saving, borrowing, or reducing interest costs—Manulife Bank offers a unique and innovative set of tools. It provides the flexibility and technology of a modern digital bank with the trust and stability of one of Canada’s most respected financial institutions.
Recent High Interest Saving Promotion
Promotion Period: 2025.09.05 – 2025.11.21
Open a new Advantage Account with Manulife Bank and enjoy 4.75% interest for 4 months after account opening.
Open an account with this link
