Partner Rewards Program
Working together to help you shine.
Manulife Bank Partner Rewards Program
Overview
Working together to help you shine
Your hard work and dedication to your clients and business have earned you access to a wide range of benefits. It is an honour to work with the industry's brightest and your focus on customer satisfaction is the reason you are a cut above the rest.
The 2023 Partner Rewards program period has been extended into 2024. Membership of the current program runs from January 1, 2023 until December 31, 2024.
Please contact your Manulife Bank representative for more information.
Your Manulife Bank Partner Rewards membership starts here
Qualification criteria1
| Status | Mortgage deals2 | Funding ratio3 |
|---|---|---|
| Silver | 10 | 40% |
| Gold | 15 | 40% |
| Platinum | 25 | 40% |
| Diamond | 50 | 40% |
Please visit the Partner Rewards Program brochure (PDF) or contact your Manulife Bank representative for more information.
1 The extended qualification period to qualify new or upgrade* your status for the Manulife Bank Partner Rewards program based on funded deals in 2023 and 2024 ends August 31, 2024. Effective September 1, 2024, qualification for the program will be based on funded deals between January 1, 2024 and November 30, 2024. During this time you can still qualify new or upgrade* your status. Your benefits will become available one (1) month after you qualify new or upgrade your status. If you do not qualify for the Manulife Bank Partner Rewards Program, you are not entitled to receive the benefits. Additionally, Manulife Bank reserves the right to revoke membership and all associated benefits at any point. If the Manulife Bank Partner Rewards Program ceases to exist; all associated benefits, members and benefits that members have will be revoked. Manulife Bank Partner Rewards Program membership and benefits are non-transferable.
2 Qualifying mortgage deals include: Newly funded Manulife One and Manulife Bank Select underwritten by our contracted third-party service providers. Also includes: Manulife One for Business accounts and property switches. Excludes limit increases. Pooling and joint codes are not permitted.
3 You must achieve and maintain a minimum funding ratio of 40% to qualify for and remain in the Manulife Bank Partner Rewards Program. Funding ratio is based on new mortgage applications submitted/newly funded mortgage applications in the same time period through our contracted third-party service providers.
* During the extension period (January 1, 2024 to August 31, 2024) reward members can upgrade their status to Gold or Platinum level only. Reward members cannot upgrade to Diamond level. Reward members can upgrade their status to all available levels (Gold, Platinum and Diamond) between September 1, 2024 and November 30, 2024, based on deals funded in 2024 only.
The benefits of being a cut above the rest: Elevate your status
Pricing and promotion
| Silver | Gold | Platinum | Diamond | |
|---|---|---|---|---|
| Rate reduction for your personal Manulife One main account and a reduced account monthly fee | 30 bps | 40 bps | 50 bps | 50 bps |
| Waiver of ManulifeMONEY+™ Visa Infinite† annual card fee for your personal card |  |
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| Access to special products and pricing options | |
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| 30 bps rate reduction on staff owned Manulife One main accounts for three (3) of your staff members' | n/a | n/a | |
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MBBucks
| Silver | Gold | Platinum | Diamond | |
|---|---|---|---|---|
| MBBucks earned per qualifying deal | $100 | $150 | $200 | $600 |
Compensation
| Silver | Gold | Platinum | Diamond | |
|---|---|---|---|---|
| Mortgage trailers on Manulife One and Manulife Bank Select balances in client accounts | n/a | n/a | |
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Please visit the Partner Rewards Program brochure (PDF) or contact your Manulife Bank representative for more information.
† Trademark of Visa Int. used under license.
How to use your MBBucks spending account
Being a Manulife Bank Partner Rewards Program member has many perks - including your MBBucks spending account! MBBucks are funds you can use to reward your clients and help grow your business. Here are some examples of how to use your MBBucks:
Benefits to your clients
| Cashback | Show your clients how much you appreciate them by offering them a cashback reward! New clients
Existing clients
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| Appreciation Gift | Thank your clients for their support by giving them a gift of appreciation! Here are some ways to say "Thank You":
The following items do not qualify for reimbursement: gift cards, vouchers and/or pre-paid credit cards. |
| Client Seminars | Bring your clients together and host a seminar to educate them on the products and services you offer. You can use your MBBucks to cover the cost of the venue, food, invitations, etc. |
Below is a list of eligible ways you can use your MBBucks to help you and your business grow.
Benefits to your business
| Education | Looking to further your education or gain knowledge or advice in building your business, here are some ways to use your MBBucks:
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| Advertising | Looking for ways to advertise you and your business, here are eligible ways to use your MBBucks:
If you are using any Manulife Bank branding in your advertising, it needs to be approved by Manulife Bank before production. |
| Technology | You may wish to access software that streamlines your workflow or allows you to connect digitally with your clients. Here are eligible types of software that you can use your MBBucks for:
The use of MBBucks for Technology Hardware is not permitted. This includes but is not limited to the following: Computers, Tablets, Monitors, Phones, Headsets, Webcams, Video conferencing equipment, Printers, Scanners, Copy Machines, Televisions, etc. |
| Client Onboarding | In the event that you covered costs such as appraisal or closing fees for your client to open a new Manulife mortgage you can use your MBBucks to cover the cost. |
| Team Appreciation | Bring your team together and host an education seminar or team building event. You can use your MBBucks to cover the cost of the event. (Platinum and Diamond Level only) |
MBBucks cannot be used to cover Professional Dues/Licenses or Business Operating Expenses (i.e., Office furniture, phone and internet services, Office 365, etc.).
How to use your Spending Account
Connect with your Manulife Bank partner for full terms of MBBucks cashback and Business Development Dollar approval and reimbursement details. Reimbursement is conditional upon approval from Manulife Bank.
Your MBBucks used for Business Development Dollars need to be approved, purchased, and submitted for reimbursement. Any balance remaining at the end of the 2023 calendar year, will be carried forward to the next calendar year. The carried forward balance will expire four (4) months later on April 30th, 2024. Please note your Manulife Bank partner will have all the details for approval and reimbursement from your MBBucks balance.
For all Manulife Bank Partner Rewards Program details, refer to the full program brochure (PDF).
1 Cashback amount limits for new mortgages:
- Mortgage limit size </= $249,999.99 (up to $1,000.00)
- Mortgage limit size $250,000.00 to $499,999.99 ( up to $1,500.00)
- Mortgage limit size >/=$500,000.00 (up to $2,000.00)
For full details refer to the MBBucks section of the Partner Rewards Program brochure.
2 Cashback amount limits for existing accounts:
- Limit Increase: $250 to $600 (NFLD $1,200)
- Security Switch: $600 (NFLD $1,200)
- Roll-in from second to first position: $135 to $250
For full details refer to the MBBucks section of the Partner Rewards Program brochure.
3 Subject to approval. Speak with your Manulife Bank partner for full details on eligibility.