About Manulife Bank
Manulife Bank of Canada is a Schedule I federally chartered bank established in 1993 by Manulife Financial, the first federally regulated bank opened by a Canadian insurance company and Canada's first branchless bank. It is a wholly owned subsidiary of The Manufacturers Life Insurance Company, headquartered in Waterloo, Ontario. It offers chequing and savings accounts, GICs, mortgages (including Manulife One) and lending.
MoreLess
Access: Open to all Canadians
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Open an account online at manulifebank.ca or through a financial advisor.
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
rates confirmed as of 2026-10-15| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 3.35% |
| 2-year GIC | 3.70% |
| 3-year GIC | 3.80% |
| 4-year GIC | 3.90% |
| 5-year GIC | 4.05% |
Base ladder rates. Institution may have more term rates below.
GIC rate history
Best historical posted GIC rate by term
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Term deposit rates
— not stated on siterates confirmed as of 2026-10-15Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 30–89 days | Non-reg | N | — | At maturity | $25k+ | 1.75% |
| 90 – 179 days | Non-reg | N | — | At maturity | $25k+ | 1.90% |
| 180 – 269 days | Non-reg | N | — | At maturity | $25k+ | 2.45% |
| 270 – 364 days | Non-reg | N | — | At maturity | $25k+ | 2.50% |
| Long-term — 1 year + | ||||||
| 1 year | Non-regRRSPRRIFTFSA | N | — | Annually | $2,500 – $5M | 3.35% |
| 1 year | Non-reg | N | — | Semi-annuallyMonthly | $2,500 – $5M$10k – $5M | 3.30%3.25% |
| 2 years | Non-regRRSPRRIFTFSA | N | — | Annually | $2,500 – $5M | 3.70% |
| 2 years | Non-reg | N | — | Semi-annuallyMonthly | $2,500 – $5M$10k – $5M | 3.65%3.60% |
| 3 years | Non-regTFSA | N | — | Annually | $2,500 – $5M | 3.80% |
| 3 years | Non-reg | N | — | Semi-annuallyMonthly | $2,500 – $5M$10k – $5M | 3.75%3.70% |
| 4 years | Non-regRRSPRRIFTFSA | N | — | Annually | $2,500 – $5M | 3.90% |
| 4 years | Non-reg | N | — | Semi-annuallyMonthly | $2,500 – $5M$10k – $5M | 3.85%3.80% |
| 5 years | Non-regRRSPRRIFTFSA | N | — | Annually | $2,500 – $5M | 4.05% |
| 5 years | Non-reg | N | — | Semi-annuallyMonthly | $2,500 – $5M$10k – $5M | 4.00%3.95% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-15Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| Savings | Registered Advantage Account | — | — | — | 1.05% |
| HISA | Advantage Account | — | — | — | 1.50% |
| USD | US$ Advantage AccountUS$ | — | — | — | 0.20% |
| RRIF | |||||
| RRIF | Retirement Income Advantage Account | — | — | — | 1.05% |
| TFSA | |||||
| TFSA | Tax-Free Advantage Account | — | — | — | 1.05% |
No rates match these filters.
Mortgage rates
rates confirmed as of 2026-10-15Filter rates
| Term | Type | Open / closed | Insured | Posted rate |
|---|---|---|---|---|
| Manulife Bank Selectconventional · 1-year to 10-year terms | ||||
| 1-year | Fixed | Closed | No | 6.89% |
| 2-year | Fixed | Closed | No | 6.34% |
| 3-year | Fixed | Closed | No | 5.19% |
| 4-year | Fixed | Closed | No | 5.49% |
| 5-year | Fixed | Closed | No | 5.39% |
| 7-year | Fixed | Closed | No | 6.35% |
| 10-year | Fixed | Closed | No | 6.69% |
| 5-year | Variable | Open | No | 5.45% |
| 5-year | Variable | Closed | No | 4.45% |
| Manulife Oneconventional · 1-year to 10-year terms | ||||
| 1-year | Fixed | Closed | No | 6.89% |
| 2-year | Fixed | Closed | No | 6.34% |
| 3-year | Fixed | Closed | No | 5.19% |
| 4-year | Fixed | Closed | No | 5.49% |
| 5-year | Fixed | Closed | No | 5.39% |
| 7-year | Fixed | Closed | No | 6.35% |
| 10-year | Fixed | Closed | No | 6.69% |
| 5-year | Variable | Open | No | 4.95% |
No mortgage rates match these filters.
Home equity line of credit
| Product | Posted rate |
|---|---|
| Manulife One Base Rate | 4.95% |
We hunt. You gather.
Rates change without notice. Get rate alerts from Ratehunter and you'll be the first to know when Manulife Bank — or anyone else — posts a better rate.
Get rate alertsBrowse all institutions · Best GIC rates · Best HISA rates · Best mortgage rates