Key Features - The Manulife One account provides the following
key features:
Simplicity - all the
customer’s short-term savings, income and debt are
together in one place with an all-in-one statement;
Consolidation - all debts,
including mortgage, loans, credit cards and lines of credit,
go into the account at an attractive interest rate;
Rate Calculation - daily
interest calculation, charged monthly means the customer
only pays interest on what they owe;
Faster Pay-Down - as
income and short-term savings flow in, customers immediately
lower their borrowing balance and save interest;
Flexibility - as a customer’s
cash flow changes, they can easily accelerate or decelerate
their debt pay-down;
Access to capital - immediate
access to unused borrowing room;
Access to cash - the
account includes – ABM access, debit card payment,
cheques, Internet access and telephone banking;
Security - provided by
one of Canada’s largest and most stable financial
institutions.
