GICs

Guaranteed Investment Certificates (GICs) are term investments that require you to "lock in" your investment for a set length of time. They generally pay higher rates of interest than term deposits, but are not early redeemable and are non-transferable. GICs are offered through HSBC Bank Canada.

For More Information

Call us at 1-866-808-HSBC (4722)

Or visit a branch near you

Key Benefits and Features

Yield may be higher than on other similar investments
Interest bearing
Range of terms from 30 days to 5 years
GICs are eligible for CDIC Insurance

Guaranteed Investment Certificates

Updated 2012-01-20

Term Length	Monthly Interest (min. $5000)	Semi-annual Interest (min. $1000)	Annual Interest (min. $1000)	Annual Compound Interest (min. $1000)	Interest at Maturity (min. $5000)
30 Days	-	-	-	-	0.55%
60 Days	-	-	-	-	0.65%
90 Days	0.60%	-	-	-	0.85%
120 Days	0.60%	-	-	-	0.85%
180 Days	0.75%	-	-	-	1.00%
270 Days	0.75%	-	-	-	1.00%
1 year	0.80%	0.925%	1.05%	1.05%	1.05%
2 years	0.95%	1.075%	1.20%	1.20%	-
3 years	1.10%	1.225%	1.35%	1.35%	-
4 years	1.25%	1.375%	1.50%	1.50%	-
5 years	1.55%	1.675%	1.80%	1.80%	-

For non-compounded interest option, interest is calculated daily, non-compounded and paid at the interval as opted by you (which may be monthly, semi-annually, annually or at maturity). For compounded interest option, interest is calculated daily, compounded annually and paid at maturity. No early redemption.

Select Term Deposits and GICs booked through HSBC's Internet Banking may be eligible for special pricing. Log on to Internet Banking for more details.

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

Redeemable GIC

Updated 2012-01-09

Term Length	Interest Rate (min. $1000)
Available for non-renewable 1 year terms only.	0.95%

Redeemable on or after 90 days with no interest penalty. Redeemable at 0% interest during the first 89 days. Interest is calculated daily, non-compounded and paid at time of redemption or at maturity.

Select Term Deposits and GICs booked through HSBC's Internet Banking may be eligible for special pricing. Log on to Internet Banking for more details.

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