Three steps to take now

Manulife Bank Select provides exceptional value, offering a high rate of interest on every dollar you deposit into your chequing account. The more money you have in your account, the more interest you’ll accrue.

And, if you maintain a minimum balance of $5,000 in your chequing account, either your monthly account fee will be waived or, if you pay per transaction, you will no longer have to pay for the following services:

  • Automated Bank Machine (ABM) transactions,
  • Interac® direct payments,
  • Interac® e-Transfers, and
  • Bill payments.

To make the most of these account benefits right away, consider taking the following three important steps now.  Here’s a checklist to help you easily keep track of every step.

Depositing your pay increases your balance – and your savings!

Having your income directly deposited into your Manulife Bank Select account is smart banking. Over time, the high rate of interest you earn on the money you deposit can add up to substantial savings and put you closer to your financial goals. Check out our current interest rates for our Manulife Bank Select chequing account.

And, if you’ve set up your mortgage payments to be made from your Manulife Bank Select chequing account, having your income deposited into your account can also provide the confidence in knowing your mortgage payments are always made on time.

Setting up your pay to be directly deposited into your account is easy; simply check with either your human resources or payroll department at your place of employment. You’ll likely have to provide a void cheque from your Manulife Bank Select account or your banking information, which can be found on the front of your Manulife Bank cheques.

To set up your pay to be directly deposited into your Manulife Bank Select account:

  • Submit a request to either the human resources or payroll department at your workplace using the following direct-deposit request template, and
  • Supply them with a void cheque from your Manulife Bank Select account or your banking information, which can be found on the front of your cheques.

You can easily print a void cheque by:

  • Signing into your online banking account at manulifebank.ca,
  • Selecting “Print a Void Cheque” from the main menu.

Using your account for your everyday banking can simplify your life!

Paying all of your expenses – including your mortgage -- from your Manulife Bank Select account makes managing your finances easy.

Our fillable expense tracker can help you stay on top of all of your upcoming bill payments, and make setting up your payments to come from your Manulife Bank Select account quick and easy.

To set up your bill payments:

  • Log into your account at manulifebank.ca and follow the related prompts, or
  • Give us a call - we’ll set them up for you.

To set up your automatic pre-authorized payments, contact the appropriate company and ask them to change your payment information.

By moving money into your account, you can watch your interest grow!

Don’t let money sit in a chequing account, savings account or short-term investments that pay little or no interest.

Every dollar you deposit into your high-interest Manulife Bank Select chequing account boosts your balance -- and the amount of interest you’re earning.

Review the Manulife Bank Select Client Guide for more ways to make the most of your new account.