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Manulife Bank Introduces a New Approach to Rewards, Rooted in Health, Wealth and Longevity

2026-10-22 09:30 ET - News Release

Manulife Bank Introduces a New Approach to Rewards, Rooted in Health, Wealth and Longevity

Canada NewsWire

New Visa Infinite® and Visa Platinum® cards bring Manulife Better Rewards™ to everyday spending

TORONTO, Oct. 22, 2026 /CNW/ -- Manulife Bank launched the Manulife Bank Visa Infinite* and Manulife Bank Visa Platinum* cards with Manulife Better Rewards™, a new credit card offering that rewards the everyday spending Canadians make to support their health, wealth and longevity.

Manulife Bank Visa Infinite*

Enabled by Visa, a global leader in digital payments, the new cards help Canadians earn more rewards on the purchases that are already part of their lives – from health and wellness to travel, dining and entertainment. Whether it's a monthly gym membership, tickets to a favourite concert or dinner with friends and family, cardholders can turn everyday spending into meaningful value.

This launch expands the banking solutions available through Manulife Bank's advisor network. Through more than 23,000 financial professionals across Canada, Manulife Bank helps Canadians access everyday banking products alongside the financial advice that supports their long-term goals. The addition of these new credit cards gives advisors another way to complement the financial advice they provide—bringing everyday banking and long-term financial planning together.

"Canadians are increasingly investing in their health, wellness and the experiences that enrich their lives – from staying active and taking care of their well-being to travelling and spending time with family and friends," said Tom Oddie, Vice President, Head of Retail Products, Manulife Bank. "We set out to create a card that rewards those investments. Through Manulife Better Rewards™, cardholders can turn spending that supports their well-being and the experiences that matter most into meaningful value, with a rewards experience designed around how they live. And for our advisors, it's another way to help clients bring their everyday spending and long-term goals together."

Powered by Manulife Better Rewards™, both Visa cards offer enhanced rewards on eligible health and wellness purchases. The program reflects Manulife's belief that financial well-being is connected to broader life goals and rewards Canadians for the everyday spending that support their health, wealth and longevity.

Rewards Built Around Everyday Spending

Cardholders can choose between two offerings designed to meet different financial needs and spending habits.

Manulife Bank Visa Infinite

  • Earn 2% rewards on eligible health and wellness purchases1
  • Earn 1.5% rewards on travel, dining and entertainment1
  • Earn 1% rewards on everyday purchases1
  • Comprehensive travel insurance coverage2
  • Access to Visa Infinite benefits and experiences

Manulife Bank Visa Platinum

  • No annual fee
  • Earn 1.5% rewards on eligible health and wellness purchases3
  • Earn 1% rewards on travel, dining and entertainment3
  • Earn 0.5% rewards on everyday purchases3
  • Purchase protection and extended warranty coverage

The Manulife Bank Visa Infinite and Manulife Bank Visa Platinum cards are available through Manulife Bank's network of advisors and mortgage professionals, as well as through digital banking channels. Eligible new Manulife Bank Visa Infinite cardholders can also take advantage of a limited-time welcome offer featuring 10% rewards on eligible purchases for the first three months, a first-year annual fee waiver for the primary card holder and an introductory balance transfer rate – helping them unlock meaningful value from their everyday spending from day one.

Terms and conditions apply. To learn more about Manulife Bank credit cards, including eligibility, rewards and benefits, visit ManulifeBank.ca.

About Manulife Bank

Manulife Bank, established in 1993, was the first federally regulated bank opened by an insurance company in Canada. Manulife Bank delivers banking solutions designed to make financial decisions easier and unlock greater possibilities for better financial outcomes. Through its partnerships with independent financial advisors and mortgage brokers across Canada, the Bank helps Canadians achieve their broader financial goals.

Manulife Bank is a Schedule I federally chartered bank, a wholly owned subsidiary of The Manufacturers Life Insurance Company, and part of the Manulife Financial Corporation group. A member of the Canada Deposit Insurance Corporation (CDIC), the Bank offers a full range of banking, lending and credit solutions, including everyday banking, high-interest deposit accounts, customizable mortgage solutions, specialized lending, and credit cards. For more information, visit ManulifeBank.ca.

Media contact:

Emily English
647-544-2800
Emily_English@manulife.ca 

[1] Cardholders will earn 2% rewards on the first $25,000 they spend in each calendar year at merchants classified by Visa Inc. and determined by Manulife Bank to be in the Health, Wellness and Medical category. Cardholders will earn 1.5% rewards on the first $25,000 they spend in each calendar year at merchants classified by Visa Inc. and determined by Manulife Bank to be in the Travel, Dining and Entertainment categories. All other purchases earn 1% rewards. The $25,000 annual spending limits will reset to zero on January 1st of each year. Terms, conditions and eligible merchant/merchant categories may change without notice. Rewards are earned on card purchases less returns and not on cash advances, interest, fees, service/transaction charges, balance transfers and payments.


[2] Insurance is subject to exclusions, limitations, and conditions. Clients should refer to the Certificates of Insurance included with their Cardholder Agreement for complete details on each benefit. Clients should read the Certificates of Insurance then keep the Cardholder Agreement in a safe place with other valuable documents and take it with them when they travel. Insurance is underwritten by The Manufacturers Life Insurance Company and First North American Insurance Company, a wholly owned subsidiary of Manulife. Manulife, PO Box 670, Stn Waterloo, Waterloo, ON N2J 4B8.


[3] Cardholders will earn 1.50% rewards on the first $15,000 they spend in each calendar year at merchants classified by Visa Inc. and determined by Manulife Bank to be in the Health, Wellness and Medical category. Cardholders will earn 1.00% rewards on the first $15,000 they spend in each calendar year at merchants classified by Visa Inc. and determined by Manulife Bank to be in the Travel, Dining and Entertainment categories. All other purchases earn 0.50% rewards. The $15,000 annual spending limits will reset to zero on January 1st of each year. Terms, conditions and eligible merchant/merchant categories may change without notice. Rewards are earned on card purchases less returns.

Manulife, Manulife Bank, Stylized M Design, Manulife Bank & Stylized M Design and Manulife Better Rewards are trademarks of The Manufacturers Life Insurance Company and are used by Manulife Bank of Canada under license.

*Trademark of Visa Int., used under license.

Manulife Bank Visa* Platinum

Manulife Bank

SOURCE Manulife Financial Corporation

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