Mortgage - Outsmart your debt with the innovative All-In-One account
Debt is smart. It knows how to hang around for a long time squeezing more and more of your hard earned money out of you. But you can outsmart your debt by choosing the Manulife One account from Manulife Bank. Since 1999, more than 100,000 Canadians have switched to this innovative mortgage. Here’s why.
Traditional banking keeps what you have (your earnings, savings, short-term investments, etc.) separate from what you owe (your mortgage, loans, etc.). So you earn a lower rate of interest on your depositswhile paying a higher rate of interest on what you borrow. This keeps you in debt longer and paying more interest over time.
But what if your deposits and your borrowing were combined into a single account so that every dollar you earned automatically went towards paying down your debt?
That’s exactly what Manulife One does, and more! It brings your mortgage, savings and income together to help you:
- save thousands in interest;
- be debt-free years sooner;
- enjoy financial flexibility; and
- simplify your everyday banking.
That’s because with Manulife One every dollar you deposit goes towards paying off your debt, every day.
Advantage high-interest savings account
Advantage Account is a high-interest savings account that offers a high interest rate and gives you the features and flexibility of a chequing account – all in one account. With online and telephone transfers, pre-authorized chequing and bill payments, debit card access, you can access your money when and where you need it. Your interest rate is calculated daily and paid monthly into your account.