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Products > Banking > Personal Advantage Accounts > TFSA

Manulife Bank Tax-Free Savings Accounts: Introduction

Manulife Bank has two Tax-Free Savings Accounts (TFSAs) you can offer your clients as a great option for tax-sheltering their savings:

  • Tax-Free Advantage Account - a bank account that features a tax-free, high rate of interest*, no minimum balance and no fees for making deposits and withdrawals.
  • Tax-Free Guaranteed Investment Certificate (GIC) - tax-free guaranteed growth for your client's investment.

TFSAs are a great savings vehicle for all of your clients because they offer a tax-free way to save for both short-term and long-term goals. Available for all Canadian residents who are 18 years or older, TFSAs can be an ideal addition to registered savings.

Government TFSA website
The Government TFSA website website is a great resource for explanations, ideas and a calculator to help you understand TFSAs and how they could work for you.

*The variable annual interest rate is applied to all funds in the account. Interest is calculated daily on the total closing balance and paid monthly. Rate is subject to change.

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