Calculate How Much You Can Earn

Enter Your Savings Amount:

Manulife Bank’s posted deposit rates are good for new initial deposit amounts of up to $2 million. For amounts over $2 million contact ICMS.


You Earn:

RBC
No Tiers 0% $0
TDCT
No Tiers 0% $0
CIBC
No Tiers 0% $0
BMO
0-60K 1.55% $0
60K - 500K 2.05% $0
500K - 5MM 2.35% $0
TANGERINE
0-2MM 1.60% $0
BNS
0-25K 0.00% $0
25K- 2MM 3.25% $0
2MM - 5MM 3.55% $0

Does your business collect $US as part of your sales cycle? Do you make $US payments to vendors? If you do, then it makes sense to maintain $US balances instead of continually converting between $CDN and $US – and paying commissions on conversion each time. A Manulife Bank $US Business Advantage account pays the same interest rate on every dollar in the account. With no service charges, no minimum balance requirements and no withdrawal restrictions it can be the perfect complement to a $US account at your existing bank. Try the Calculator! Enter a cash balance in the YELLOW field that is typical for your business to see how much money you would earn in a year with a Manulife Bank $US Business Advantage account. Then click or tap on your existing bank to compare – and see how much you could be sending to your bottom line – instead of sending it to your bank’s bottom line! Put your $US cash balances to work. They can contribute to your bottom line. Even if your existing bank doesn’t offer interest on $US balances, you can still put your $US balances to work for your business. Without changing banks – and at no cost to you. Linking a Manulife Bank $US Business Advantage account to your existing $US bank account gives you a “parking spot” for $US cash not being used “today”. Earn interest on a daily basis. With no minimum balance requirement, no withdrawal restrictions and no fees, it provides your business with a no-cost $US treasury account.

 

*Since August 6, 2020 the variable annual rate of 0.20% is applied to all funds in the $US Business Advantage Account. Interest calculated daily on total closing balance and paid monthly. Rate subject to change without notice. Manulife Bank’s posted deposit rates are good for new initial deposit amounts of up to $5 million. For amounts over $5 million contact ICMS. Rates for other banks as at February 2nd, 2023: subject to change without notice.