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Commercial Savings Accounts

Available in Canadian, U.S. dollars, as well as 5 other currencies, this is a secure, predictable complement to an HSBC operating account. If you do business overseas, this is also a good way to lock in exchange rates.

An HSBC Business Savings Account is a secure, predictable complement to an HSBC Current Account. Our Business Savings Account offers:

  • Interest calculated daily on entire balance and credit monthly
  • No monthly fees
  • Low minimum balance
  • Access through ATMs or Interac®1 Direct Payment purchases2
  • Internet and telephone banking 

Savings Account in Canadian Dollars (Daily Interest, Paid Monthly)


Updated 2009-10-19


Interest
On the portion of your daily closing balance over $100,000 0.05%
On the portion of your daily closing balance between $50,000-$99,999 0.05%
On the entire amount between $25,000-$49,999 0.05%
On the entire amount between $0.01-$24,999 0.05%

Interest paid monthly and calculated on daily closing balance.

Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch.

1 Trademark of Interac Inc. HSBC Bank Canada authorized user of the trademark.

2 Available for Canadian dollar accounts only.

3 Interest rates on the different currency savings accounts are offered based on current market conditions.