Cash Back, TFSA's / Line of Credit, & Form updates

Cash-back is back!

Clients can receive $750 cash back on new Manulife One accounts that:

• Are activated between April 21, 2014 and July 31, 2014 
• Have a minimum initial borrowing amount of $75,000 upon activation 
• ​Be a new Manulife One in first position (Not eligible are: Seconds, Roll-ins from second to first, Transfer of existing to new property, Limit increase, Commercial Manulife One) 

​Contact myself or your local Banking Consultant for more information and/or to arrange a client illustration to see how much we can save them, beyond getting them the $750 cash-back.

TFSA's and Access Line of Credit

Talk about flexibility - clients can now use their TFSA* savings as collateral when securing a Manulife Bank Access Line of Credit and Access Line of Credit Plus!

This means clients can secure a line of credit while letting their money grow – no cashing out necessary.

*Manulife Bank Advantage Account not included

Updated Forms

Some forms at Manulife Bank have been updated to reflect new international tax reporting requirements resulting from the Foreign Account Tax Compliance Act (FATCA). 

BankLink has also already been updated to reflect these changes. If you are not familiar with BankLink please let me know as it is convenient way to submit applications and removes the risk of using and submitting an outdated application form.

Forms that have been updated include:

• AB0168 - Advantage Account (non–registered)
• AB0419 - $US Advantage Account 
• AB0211 - Business Advantage Account
• AB0395 - $US Business Advantage Account
• AB0150 - Personal GIC (Non-registered)
• AB0480 - Business GIC (Non-registered)