The world's local bank
Mortgages
Advance customers can look forward to personalized service, mortgages with special features and preferential rate offers.
- Our Variable Rate Mortgage lets you lock in your variable rate to a low fixed rate anytime without penalties or fees
- Our unique Smart Savers MortgageTM lets your money multi-task. The more savings and investments you have with HSBC, the less interest you pay on your mortgage.
- Our flexible Mortgage lets you say goodbye to your mortgage sooner with "best in market" prepayment options. Pay off 20% of your balance each year or increase your payments by 20%.
- Use your home to access funds when you need them with an HSBC Secured Line of Credit. Pay interest only on the money you use.
- Advance customers can use their HSBC MasterCard® rewards points to pay down your mortgage even faster
Loans
We offer personal loans at competitive rates to Advance customers to help out when you are making a major purchase, consolidating debt, or maximizing your RRSP contribution for the year.
Mortgage Insurance
- Mortgage Life Insurance: your mortgage principal and interest will be paid in full up to $500,000*
- Mortgage Disability Insurance: You are protected if you get injured or become ill. We will pay you up to $3,000/mth for 24 months.
Mortgage Life and Disability Insurance covers you and your home even if you live overseas.
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.
or by phone or in branch:
Call 1.888.310.HSBC (4722)
FAQs
Get answers to common questions about HSBC Advance.
Click here
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 separatelyby calling 1.888.310.4722 or visit a branch.
2HSBC InvestDirect is a division of HSBC Securities (Canada) Inc., a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada. Member – Canadian Investor Protection Fund.
®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.
