The world's local bank
Apply now
Why switch to HSBC Advance?
Having your day-to-day banking with one institution makes your life easier and can save you money by reducing the service charges you pay.
The HSBC Advance package1 provides you with a complete banking solution with no monthly fees when you have $25,000 or more in deposits and/or investments with HSBC in Canada.
eSwitch™ provides a clear, easy-to-follow transition to HSBC
We use a service called eSwitch to transfer your bank account and pre-authorized transactions from your current financial institution to HSBC. This service is provided at no charge to you.
Features
Once you provide us with the payment and account details, eSwitch automatically takes care of:
- Transferring your pre-authorized transactions from your old financial institution
- Scheduling the changes so you can manage your cash flow through the transition
- Sending a request to close your old bank account
- Providing a detailed record of the change
Take advantage of HSBC Advance today
With benefits including a convenient banking package, preferred rates, access to international services and investment solutions, HSBC Advance helps you reach your goals sooner.
No Monthly Fee: when deposits and/or investment balances are $25,000 or more across eligible accounts.
Monthly Fee: $25 per month, no minimum balance requirements.
Contact Us
To make the switch to HSBC, visit an HSBC Branch near you
or call 1.888.310.HSBC (4722)
HSBC Advance travels with you
- Use any HSBC ATM around the globe2
- Emergency cash if needed at HSBC branches worldwide
- International recognition as an HSBC Advance customer
- Discounted fees when opening international accounts
- Manage your HSBC accounts anywhere in the world
1 The HSBC Advance package is comprised of 4 products – HSBC Advance Chequing account, HSBC Advance Savings account, HSBC Advance MasterCard® and a personal line of credit with an introductory credit limit of $5,000. The chequing account, MasterCard and line of credit products are subject to credit adjudication and approval. When you have $25,000 in personal deposit and/or investments with HSBC Bank Canada or its subsidiaries, the monthly fee of $25 will be waived; if you do not have the minimum $25,000 your HSBC Advance Chequing account will be debited the $25 monthly fee. The HSBC Advance package includes Telephone and Personal Internet Banking withdrawals, bill payments, pre-authorized debits, Interac®2 payments, cheques and unlimited deposits and withdrawals from any HSBC Bank Canada and THE EXCHANGE®3 ATMs. Transaction fees will be charged for other services not included in the package, please refer to the Advance Mastercard® Rates & Fees as well as the Personal Service Charges brochure.If you do not wish to apply for the HSBC Advance suite of products, similar products are available separately by calling 1.888.310.4722 or visit a branch.
2 Surcharge fee for usage of International ATMs will apply.
®MasterCard is a registered trademark of MasterCard International Incorporated. Used pursuant to license.
®2Interac. Trade-mark of Interac Inc. HSBC Bank Canada authorized user of the trade-mark.
®3THE EXCHANGE. User licensed in Canada by FICANEX Services Limited partnership on behalf of Fiserv EFT.
