Credit cards rates and fees change on September 6, 2019
Starting this July, we’re letting our customers know about some changes to our rates and fees change for ManulifeMONEY+™ Visa* Cards. The changes officially start on September 6, 2019, but will be reflected in updated print and online collateral throughout the summer. Here’s what’s changing:
- The rate for Cash Advances and Balance Transfers is increasing to 22.99% (from 21.99%).
- Penalty pricing for Cash Advances and Balance Transfers will increase to 27.99% (from 26.99%).
- Balance transfer fee is increasing up to 3% of amount transferred (from 1% of the amount transferred). We may waive or lower this fee depending on promotional offers. Don’t worry – we’ll let you know whenever there’s a change.
- Cash Advances withdrawn outside of Canada will incur a $5.00 fee ($3.50 within Canada remains unchanged).
Thank you for your ongoing support of ManulifeMONEY+ Visa Cards!
Manulife, Manulife Bank & Stylized M Design, ManulifeMONEY+, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.
*Trademark of Visa Int., used under license.