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High-interest savings for your US money
Make your US savings work as hard as you do, with the US$ Business Advantage Account. Simply transfer excess US cash into your account to start earning high interest on every dollar.
Is this account right for you?
Yes, if you:
- Have a US$ dollar chequing or spending account at another Canadian bank
- Own a small or medium sized business and carry US money
- Want to earn high interest on your idle US savings
Benefits
Rates and fees
Rates
Our US$ Business Advantage Account offers high interest on all your money:
Fees
No monthly account fees, and no fees to deposit or withdraw money, so you can make the most out of your savings. Other services and fees include:
| Services | |
|---|---|
| Transferring money from your US$ account at another Canadian bank | No charge |
| Mail us a US$ cheque from another Canadian bank |
No charge |
| Services | |
|---|---|
Transferring money to your US$ account at another Canadian bank |
No charge |
Review our services and fee guide (PDF) for a complete list of all services and associated fees.
Resources
FAQ
You can withdraw money from your account by transferring funds with online or telephone banking to your US$ account at another Canadian bank. Bank-to-bank transfers are always free, but you can find more info about fees here.
You can deposit money into your account by transferring funds with online or telephone banking from your US$ business account at another Canadian bank. You can also mail in a cheque.
The following business types are eligible:
- Corporations
- Partnerships
- Trusts
- Estates
- Associations, Societies, or Lodges
- Community accounts (i.e., hockey clubs, etc.)
- Condominium corporations
- Trade or labour unions
- Charities, unincorporated charitable organizations, or not-for-profit organizations
- Fees are subject to change with at least 30 days of prior written notice. If you don’t receive paper statements, you can find all fee information online.
- All fees are presented on a per item basis, unless otherwise stated.
- Charges are automatically applied to your account.
1 Interest is calculated daily on the total daily balance and paid monthly. Rate is subject to change without notice.
2 Manulife Bank is a member of the Canada Deposit Insurance Corporation (CDIC), which means your deposits are eligible for CDIC deposit insurance protection. Visit cdic.ca for information on eligible deposits.
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