Save with Manulife One
Most Canadians manage their finances by depositing their income and other short-term assets into chequing and savings accounts and borrowing when they need to, through mortgages, lines of credit, personal loans and credit cards. Unfortunately, this means they usually receive little interest on the money they deposit while paying high interest on the money they borrow.
Simple - Sensible - Savings
What if you could combine your deposits and your borrowings into one account? After all, by using your savings and income to reduce your debts, you could save much more in interest costs than you'd likely ever make in interest earnings. Find out how. Watch the movie now. (2 1/2 minutes - Flash). To find out how much money you could be saving, use our online savings calculator.
What's in it for me?
This special offer has been negotiated for engineering professionals by Engineers Canada, and is an exceptional means of paying off your mortgage years sooner, saving you thousands of dollars.
- No monthly fee for the first six months
As an eligible engineering professional, you'll pay no monthly account administration fee for the first six months after your Manulife One account is opened. Then, you'll pay a low monthly fee of $14 after that.
- Free appraisal
Any time a mortgage or secured line of credit is set up there are costs involved. With Manulife One, normal appraisal costs are covered by Manulife Bank. (Certain appraisal costs will apply to mortgages over $1 million.)
- Paid legal fees
Manulife Bank covers the legal costs for anyone "switching" to Manulife One*. In other words, when you open a Manulife One account for a home you currently own, we'll cover normal legal costs for you to switch your mortgage to Manulife One, if you use one of Manulife's preferred title insurance providers. If you are purchasing a home, we'll pay up to $500* towards your legal fees. However, Manulife Bank does not cover any penalties or fees that your current financial institution may charge you for canceling your mortgage early.
*Some conditions apply.Manulife One Challenge
We're so convinced that Manulife One is a better way to manage your money, we're willing to offer you the "Manulife One Challenge." Try Manulife One for one year. If you're not convinced, after using it the way it was designed, that Manulife One is a more convenient, more efficient and less costly way of managing your day-to-day finances, we'll cover the costs (up to $500) for you to move back to the way you banked before.
How do I apply?
To get started on saving today, you can apply by calling toll-free 1-877-765-2265. Don't forget to let them know you're an engineering professional entitled to the special offer sponsored by Engineers Canada.
Or contact a Banking Consultant directly.
For more information...